Global Diabetic Food Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025

Global Diabetic Food Market was Valued at US$ XX Mn in 2018, Due to Growing Diabetic Population Coupled with Rising Health Consiciousness
Analyst Speak:

“The Global Diabetic Food Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025” owing to increase in prevalence of diabetic diseases such as diabetic foot ulcers, diabetic venous ulcers, T1DM, T2DM, etc. and rising obesity across the world.

The Global diabetic food market was valued at US$ XX Mn in 2018 and growing at a significant CAGR over the forecast period due to increasing awareness about the health consciousness and benefits of diabetic foods and growing usage of artificial sweeteners are major factors that drive the growth of the market over the forecast period. Moreover, increase in prevalence of juvenile diabetes and lack of physical activities leads to diabetic problems boosts the growth of the market over forecast period. However, stringent regulations on food safety and high cost of these products expected to hinder the growth of the market.

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Global diabetic food market segmented on the basis of applications

Dietary Beverages, by Application Leads the Diabetic Food Market with highest revenue share

Based on application, Global diabetic food market is segmented into baked products, dairy products, confectionary, ice creams and jellies, dietary beverages, snacks, and others. Dietary beverages segment registered highest revenue share in 2018 and expected to dominate over the forecast period owing to increasing demand for the sugar free and artificial sugar made foods and beverages to prevent the diabetic measures boosts the growth of the market. In addition, availability of various products across the globe fuels the growth of the market.
North America Dominates the Global Diabetic Food Market

PBI’s Global diabetic food market report analyses the market in different countries such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. According to geographical analysis, North America dominates overall revenue share in 2018 and the same trend is projected to follow over 2019-2025 due to increase in the awareness of health consciousness and increase in prevalence of diabetes and obesity drives the growth of the market over forecast years. In addition launch of various products by the market players in the market fuels the growth of the market.

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Launch of New products and Expansion of Product Portfolio are the key strategies adopted by the market players

Market Players are increasingly adopting the strategies such as launch of new products into the market and expanding their product portfolio to enhance their revenue and strengthen their position in the market. For instance, In June 2017, Zydus Wellness Announces National Launch of Sugar Free Green in India.

Key player’s profiles in the report are Mars Incorporated (U.S.), Fifty 50 Foods Inc. (UK), Nestle S.A (Switzerland), Pepsico Inc. (U.S), Unilever Plc (Netherlands), Cadbury Plc. (UK), Kellogg Co (U.S.)

Precision Business Insights (PBI) in its report titled “Global Diabetic Food Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

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Detailed Segmentation

By Application Type
o Baked Products
o Dairy Products
o Confectionary
o Ice Creams and Jellies
o Dietary Beverages
o Snacks
o Others
Geography

o North America
o Europe
o Asia Pacific
o Latin America
o Middle East and Africa

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