The Global Diabetic Food Market size is expected to reach $14.3 billion by 2024, rising at a market growth of 5.6% CAGR during the forecast period.
Diabetic diet is recommended to people with diabetes mellitus problems. There is a significant level of differences in defining the ingredients that should consist of in the diet. The general recommendation is intake of dietary fibre, especially soluble fiber. On the other hand, fat, especially saturated fat and sugar is cut out of the diet.
Health concerns of the aging population and growing cases of increasing blood sugar levels in people have led to the use of artificial sweeteners, as a substitute of sugar, which would add to the growth of the diabetic food market during the forecast period.
Based on product type, the market is segmented into Dietary beverages, Dairy products, Ice cream & jellies, Confectionaries, Baked products, and other product types. The various distribution channels covered under the report are Retail store, Hyper & super market, and Specialist food & drink retails. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fifty 50 Foods, Inc., Nestle S.A., Unilever PLC, Kellogg Company, Mars, Incorporated, Danone, Inc., The Coca-Cola Company, PepsiCo, Inc., Newtrition Plus Health & Wellness Pvt. Ltd., and Mondel?z International.