10th
June 2019 – Diabetic
Food Products Market 2013-2028 report delivers future development strategies,
key companies, Possibility of competition, major challenges analysis. The
reports elaborate the expansion rate of the diabetic food products market
supported the highest company profile analysis. This report providing an
in-depth analysis, market size, and evaluation for the developing segment among
industry. Diabetic Food Products Market report will help you take expert
decisions, recognize opportunities, plan effective professional tactics, plan
new schemes, analyze drivers and restraints and give you a vision on the industry
forecast.
Global diabetic food products market is anticipated to grow significantly
in the forecast period owing to the growth in diabetic population. Diabetic
food products help control diabetes. They reduce symptoms and dangerous effects
of diabetes. The diabetic foods include low quantity sugar and carbohydrate
that control the growth of blood sugar. These foods are not only consumed by
the diabetic population but also by others to avoid the risk of diabetes in
future.
The major drivers of diabetic food products market include growing
awareness for health issues among population, increasing concern for obesity
and diabetics, and constant efforts by manufacturers for product innovations to
expand their product portfolio. Additionally, rise in applications of diabetic
food products in healthcare segment including insulin and medical food is also
propelling the market growth. However, high priced diabetic food products is
hampering the market growth.
Growing investments by leading companies in research and development is
an emerging trend in the diabetic food product market. However, rising
awareness regarding the health hazards of intake of artificial sweeteners is
discouraging consumers from purchasing diabetic foods. Nonetheless, growing
awareness for diabetic food products is an opportunity for the market.
Diabetic food product market is categorized based on product type,
distribution channel, and geography. Based on product type, market is divided
into ice cream & jellies, baked products, dairy products, confectionary,
dietary beverages, and others. Dietary beverages segment lead the market due to
high demand for low-calorie and sugar-free beverages, especially in Europe and
North America. Dairy products also holds a larger share of the market owing to
the growth in food manufacturing companies in the developing economies.
Based on distribution channel, market is divided into drug
store/pharmacies, supermarkets and hypermarkets, online sales, and grocery
stores. Supermarkets and hypermarkets segment lead the market due to easy
availability of wide range of diabetic foods. Furthermore, online sales channel
is also expected to hold considerable share of the market due to increasing
internet penetration.
Geographically, diabetic food products market is segmented as North
America, South America, Europe, Asia Pacific, and Middle East & Africa.
Asia Pacific region is expected to lead the market in the forecast period due
to rise in demand from emerging economies like India, Vietnam, Malaysia, China,
South Korea, and Indonesia. Growing population and rise in spending power of
consumers in these regions is contributing to the market growth. Furthermore,
North America is expected to lead the market due to growing geriatric
population and rise in health complexities. Europe is also predicted to
contribute to the market due to increasing awareness for healthy lifestyle.
The key players in diabetic food products market comprise Unilever Plc,
The Coca-Cola Company, Nestle S.A., Kellogg Company, PepsiCo Inc., Mars Inc.,
Sushma Gram Udyog, Fifty 50 Foods, Inc., Cadbury Plc, Amber Lyn and David
Chapman's Ice Cream Limited, and Newtrition Plus Health and Wellness pvt. Ltd
among others.
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