Diabetic Food products are dietary products that have low carbohydrate and sugar content and assist in controlling glucose levels in the blood. Diabetes is a disease well-defined as high blood sugar levels resulting from inadequate insulin or a shortage of cell response to the insulin originated by the body. In addition, diabetes also damages several other body parts such as the brain, eyes, nerves, kidneys, and feet. Food products such as whole grains, brown rice, millet baked sweet potato, quinoa, and oatmeal are measured healthy foods for individuals who have diabetes. These products can be consumed by the non-diabetic populace as well, as a precautionary measure to safeguard the occurrence of the disease during the future.
According to the report analysis, ‘Diabetic Food Market: Current Analysis and Forecast (2021-2027)’ states that with the growing awareness about the treatment and prevention methods concerning the several effect of disease, the requirement for diabetic foods is on the rise. However, High costs linked with diabetic foods and shortage of awareness among the population are some of the factors that are probable to restrain revenue growth of the diabetic foods market over the review period.
Based on the Product Type, the market is classified into Dietary Beverages, Bakery Products, Dairy Products, Confectionery Products, Ice Creams and Jellies and several others. The Dietary Beverages segment grabbed the foremost market share during 20202 and dominated the market. In addition, the market of this segment is predicted to witness an exhibit growth throughout the forthcoming years owing to the augmenting awareness among consumers. However, the confectionary products would observe a considerable CAGR owing to the growing popularity among millenniums.
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Based on the Distribution Channel, the market is fragmented into Supermarkets and Hypermarket, Pharmacies, Grocery Stores, Online Stores and several others. The hypermarket/ supermarket segment seized XX% market share in the Diabetic Food Market in 2020 and registered the market. Moreover, the market would observe a sharp rise during the forthcoming years due to the surging number of hypermarkets/ supermarkets. Also, the accessibility of countless brands under one roof is leading to the growth of this segment. However, the online segment would observe the sky-rocked growth in the review period of 2021-2027F.
Not only has this, for a better understanding of the market implementation of the Diabetic food market, the market is analyzed based on its worldwide existence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World. North America constitutes a foremost market for the Diabetic food industry and originated revenue of USD XX Million in 2020 owing to the increase in the requirement for high-quality processed food. Therefore, it is predicted that during the neat future the market of diabetic food will augment more proficiently around the globe over the review period.
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Diabetic Food Market (Ice Creams & Jellies, Dairy Products, Dietary Beverages, Baked Products, Confectionary, Snacks and Other Products): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
Ankur Gupta, Head Marketing & Communications