NEWARK, Del., July 2, 2024 (GLOBE NEWSWIRE) — The Diabetic Nutrition market value is expected to increase from 12,000 million USD in 2024 to 17,891 million USD by 2034. Global demand is expected to grow at a compound annual growth rate of 8.3% in the next decade.
Several factors are expected to boost the growth of the diabetic nutrition market during the forecast period. These include increasing prevalence of diabetes, growing health awareness, and changing dietary preferences.
In health matters, an unhealthy diet can pose a risk of morbidity. To manage extreme health conditions such as type 2 diabetes, consumers are advised to keep an eye on their diet. Since this health condition is related to diet, diabetics stock their kitchen supplies with special diabetic foods.
Request a sample copy of this report now:
https://www.futuremarketinsights.com/reports/sample/rep-gb-1076
In the diabetic food industry, grocers and fresh food manufacturers compete not only on price but also on the taste of the food. Players therefore invest in research and development to produce diabetic food that tastes good and looks appealing.
Governments are also doing their part by taxing high-sugar products to make healthier alternatives more attractive on cost grounds. In addition, the wave of natural and organic diabetic foods is impacting the diabetic food market.
Players are developing plant-based diets to treat diabetes. Researchers are also developing future strategies to make diabetes treatment easier and more sustainable. Leading companies are also focusing on ethical and sustainable production practices to align with the latest market trends.
Key findings from the diabetic nutrition market report:
- The diabetic nutrition industry is projected to reach a total value of $17,891 million by 2034.
- By product type, the confectionery segment is expected to reach a market share of 28.4% in 2024.
- Based on distribution channel, the supermarket and hypermarket segment is expected to reach a value share of 32% in 2024.
- According to forecasts, the USA will reach a value share of 23.4% in 2024.
- China is expected to experience a compound annual growth rate (CAGR) of 6.2% through 2034.
“The increasing prevalence of diabetes and the associated high mortality rate are expected to play a key role in increasing the global demand for diabetic foods during the assessment period..” Says Nandini Roy Choudhury (Food & Beverage Client Partner at Future Market Insights, Inc.)
Full report now: https://www.futuremarketinsights.com/checkout/1076
Who wins?
Major players are developing and expanding their diabetic-friendly food offerings. New textures, flavours and recipes are being explored to meet the evolving tastes and nutritional needs of diabetics. Various manufacturers have also started using alternative sweeteners, high fibre and low-glycemic ingredients to improve the appeal and nutritional content of products.
Industry participants are partnering with other companies, research institutions and healthcare providers to develop new products. Partnerships between these companies also aim to develop diabetes education campaigns and expand into new markets.
In addition, players are using effective branding and marketing strategies to attract the attention of diabetics. Manufacturers are differentiating their products through packaging designs, branding initiatives and targeted messages that resonate with the target audience.
Latest developments in the industry
- In January 2024, Rebar launched diabetic-friendly drinks in collaboration with the DMC Medical Center. The new range of drinks is based on fructose and has over 25% fewer carbohydrates.
In January 2024, Shwapno, a renowned retail chain in Bangladesh, launched a service called “Diabetic Corner” to provide more options to consumers and raise awareness among the general public about diabetes.
9 Key Diabetic Food Brand Companies:
- Unilever
- Nestle
- PepsiCo
- The Coca Cola Company
- Kellogg Co
- Mars Incorporated
- FIFTY/50 MANAGEMENT GROUP
- Chapman’s
- Other
Key Segments of the Diabetic Nutrition Market Report:
By product type:
By product type, the sector is divided into diet beverages, dairy products, bakery products, ice cream and jelly, and confectionery, among others.
By sales channel:
The different distribution channels for diabetic food include supermarkets and hypermarkets, specialty stores, grocery stores, online stores and others.
By region:
The diabetic food is sold in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Report preview: https://www.futuremarketinsights.com/reports/diabetic-food-market
author
Nandini Roy Choudhury (Food & Beverage Client Partner at Future Market Insights, Inc.) has over 7 years of management consulting experience. She advises industry leaders and explores unexpected opportunities and challenges, implementing processes and operating models to support their business objectives.
She has exceptional analytical skills and often contributes groundbreaking ideas.
Nandini has extensive expertise in key niches including food ingredients, nutritional and health solutions, animal nutrition and marine nutrients. She is also well versed in pharmaceutical, biotechnology, retail and chemicals and advises market participants on developing methodologies and strategies that deliver results.
Her core competencies lie in corporate growth strategies, sales and marketing efficiency, acquisitions and post-merger integration, and cost reduction. Nandini holds an MBA in Finance from MIT School of Business. She also holds a Bachelor’s degree in Electrical Engineering from Nagpur University, India.
Nandini is the author of several publications and has been quoted in magazines such as Beverage Industry, Bloomberg and Wine Industry Advisor.
Check out the related report on Diabetic Nutrition Market:
Gulf Cooperation Council (GCC) Functional Food Market: The revenue from the sale of functional foods in GCC countries is estimated to reach around USD 30.9 billion by 2032 and is expected to grow at a compound annual growth rate of 11% during the forecast period 2022–2032.
The global natural food colors market is expected to reach a value of USD 1.7 billion in 2023. A positive compound annual growth rate of 7.2% is expected from 2023 to 2033. In 2033, the market value is expected to exceed USD 3.3 billion.
Global demand for prepared meals is expected to grow at a compound annual growth rate of 7.2%, with the market revenue expected to reach $591.5 million in 2022 and grow to $1,138.8 million by 2033.
The food grade lubricants market is expected to attain a compound annual growth rate (CAGR) of 2.6% through 2033. By 2033, the market is expected to reach a value of $471 million, representing a steady increase from its value of $363 million in 2023.
The global food preservatives market is expected to reach a market value of USD 2,965.62 million in 2023. The market is expected to register a compound annual growth rate of 6.8% to reach USD 5,725.70 million by 2033.
The global food safety testing services market is currently valued at USD 15,836.90 million (in 2023). The demand for food safety testing services is expected to grow at a compound annual growth rate of 7.0% during 2023-2033 to reach a value of USD 30,061.73 million by 2033.
The food enzymes market is expected to grow at a compound annual growth rate (CAGR) of 6.5% during the forecast period.
The global food additives market The size is estimated to reach USD 310.9 billion in 2024. During the forecast period, the global demand for food additives is expected to grow at a healthy CAGR of 7.2%, taking the total market value to the massive sum of USD 551.4 billion by 2034.
The global natural food and beverage preservatives market size is expected to reach USD 880.4 million in 2032. According to FMI Analysts, the global natural food and beverage preservatives market value is estimated to be USD 435.2 million in 2022 and is expected to grow at a CAGR of 7.3% during the forecast period from 2022 to 2032.
The global natural pet food market is expected to reach a value of US$ 13,962.7 million by 2023, accelerating at a compound annual growth rate of 4.6% between 2023 and 2033. Due to the increasing demand for healthy products in numerous countries, the global natural pet food market has grown at a compound annual growth rate of about 2.0% over the last half decade.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award recipient and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that are driving demand in the market. FMI is the world’s leading provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a huge team of over 400 analysts worldwide, FMI offers global, regional and local expertise on various domains and industry trends in more than 110 countries.
Contact us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
Phone: +1-845-579-5705
For sales inquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
