Diabetic Foods Market Is Booming Worldwide by 2026 | David Chapman's Ice Cream Ltd.; Fifty 50 Food Inc; Nestl SA ; Unilever Plc.; Mars Incorporated

Diabetic Foods Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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The global diabetic foods market is expected grow from $10.62 billion in 2020 to $11.38 billion in 2021 at a compound annual growth rate (CAGR) of 7.2%.

Top leading Companies Profiled in Diabetic Foods Market Report are David Chapman's Ice Cream Ltd.; Fifty 50 Food Inc; Nestl SA ; Unilever Plc.; Mars Incorporated

Markets Segmentation:

1) By Product Type: Bakery Products; Dairy Products; Confectionery Products; Beverages; Snacks; Others 2) By Distribution Channel: Supermarkets and Hypermarkets; Drug Stores/Pharmacies; Online Stores; Others 3) By End User: Childrens; Adults

 Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

News and Developments

In July 2019, Ferrero SPA, an Italian based company, manufacturer of branded chocolate and confectionery products acquired Kellogg Company for an undisclosed amount. Through this acquisition, Ferrero SPA further strengthened its position in North American market by adding iconic brands. Kellogg Company, an American based company, leading producer of cereal and a leader in snacks production.

Increasing cases of juvenile diabetes among children and youth is a key factor driving the growth of the diabetic foods market. Incidences of diabetes are growing all over the world, and therefore diabetes among children is quite common, most children have type 1(juvenile) diabetes during childhood. About 90% of young people with diabetes suffer from Type 1. For People with type 1 diabetes, the Mediterranean diet plan is recommended because it is full of nutrient-dense foods, including plenty of fresh vegetables, some oranges, plant fats such as olive oil and nuts, fish such as sardines, and occasional meat and milk. In 2018, 34.2 million Americans have developed diabetes or 10.5% of the population. Almost 1.6 million Americans suffer from type 1 diabetes, including about 187,000 children and teenagers. Therefore, the Increasing cases of juvenile diabetes among children and youth is expected to drive the growth of the diabetic foods market.

Market Overview

The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $14.94 billion in 2025 at a CAGR of 7%.

The diabetic foods market consists of sales of diabetic foods and related services that are used in supermarkets and hypermarkets, stores or pharmacies, grocery stores, and online stores. Diabetic Food products are dietary products which include reduced carbohydrate content and sugar content that help regulate blood glucose increase. Diabetic Food also contains low calorie sweeteners, diet beverages, etc.

Product Innovation is the key trend in the diabetic foods market. The introduction of various items such as low-calorie sweet beverages, sugar-free jellies, diabetic bakery items, low-fat ice cream, and other dairy goods are attracting more customers towards diabetic foods. For instance, companies like Coke, Pepsi, Thumps Up and Sprite introduced new beverages such as protein shakes, good-for-good beverages and functional waters that are gradually making their presence felt in retail stores and contributing to faster growth in the overall beverage category. With an annual growth rate of 7%, the carbonated soft drinks (CSD) industry in India was pegged at Rs 25,000 in 2018. Coke's biggest segment in the US, Diet Coke, and Coke Zero Sugar contributed to an 8% rise in retail sales growth last year for the brand of non-calorie sparkling soft drinks, it reported a 5% organic global growth overall for the year.

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Key Takeaways from Diabetic Foods Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Diabetic Foods market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Diabetic Foods market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Diabetic Foods

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In conclusion, the Diabetic Foods market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Diabetic Foods Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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