Press release
Growing Demand for Nutrient-Dense Foods: Diabetic Foods Market Shows Impressive Growth; Projected to Hit $23.35 Billion By 2029
Diabetic Foods Market
Promising Market Outlook for Healthy Foods Backpacks on Increasing Prevalence of Diabetes and Rising Health Consciousness Among Global Population
What Is The Projected Market Size Of The Global Diabetic Foods Market And Its Growth Rate?
- The diabetic foods market size has shown rapid expansion in recent years.
- The market is set to grow from $13.16 billion in 2024 to $14.96 billion in 2025, projected at a compound annual growth rate (CAGR) of 13.7%. This progression can be attributed to increasing diabetes prevalence, rising health consciousness, government initiatives and regulations, changing consumer preferences, marketing and awareness campaigns.
- Expected to continue at a brisk pace, the market is estimated to reach $23.35 billion in 2029 at a CAGR of 11.8%, owing to major trends such as personalized nutrition, e-commerce growth, clean label and natural ingredients, and a surge in diabetic populace.
What Is Driving The Growth In The Diabetic Foods Market?
The prominence of juvenile diabetes in children and young people is a principal factor propelling the diabetic food market. Type 1 diabetes, commonly known as juvenile diabetes, accounts for around 90% of cases in young individuals. The Mediterranean diet is frequently recommended to those affected by this type, giving a push to nutrient-dense foods like fresh vegetables, nuts, fish, and occasional meat and dairy products. For instance, The National Health Service (NHS England) in 2023 reported an 18% increase in individuals identified with pre-diabetes, and a nearly 25% surge in cases among those under 40 from 2022. This amplified occurrence of juvenile diabetes is expected to significantly drive the growth of the diabetic food market.
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Who Are the Key Players Driving Diabetic Foods Market Growth?
•Nestlé Health Science
•Danone S.A.
•Unilever
•Kellogg Company
•Fifty50 Foods, Inc.
•The Coca-Cola Company
•PepsiCo Inc.
•Mondelēz International, Inc.
•Zen Health Japan Co., Ltd.
•Anhui Elite International Trade Co., Ltd.
•Abbott Laboratories
•Axiom Foods Inc.
•Beneo GmbH
•Zydus Wellness Ltd.
•Herbalife Nutrition Ltd.
•Glanbia Plc
•Arkopharma Laboratories
•Vitasoy International Holdings Ltd.
•SunOpta Inc.
•Mars, Incorporated
•The Hain Celestial Group, Inc.
•InBalance Health Corp.
•NaturesPlus
•Orkla Health AS
•Golden Farm Candies
What Are The Key Trends In The Diabetic Foods Market?
•Product innovation, marked by the introduction of low-calorie sweet beverages, sugar-free jellies, diabetic bakery items, low-fat ice cream, and other dairy goods
•Ongoing technological innovations
•Growth of e-commerce and online retailing
•Technological advancements in ingredients
•Customized nutrition solutions
What Are The Segments Of The Global Diabetic Foods Market?
1) By Product Type: Bakery Products, Dairy Products, Confectionery Products, Beverages, Snacks, Other Product Types
2) By Distribution Channel: Supermarkets And Hypermarkets, Drug Stores Or Pharmacies, Online Stores, Other Distribution Channels
3) By End User: Children, Adults
Which Region Leads The Diabetic Foods Market?
Asia-Pacific ruled the roost in the diabetic foods market in 2024, followed by Western Europe as the second-largest region in the global sphere. Both these regions, along with Eastern Europe, North America, South America, Middle East, Africa, are covered in this report, expanding the geographical footprint of the diabetic foods market.
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What Is Covered In The Diabetic Foods Market Global Market Report?
- Market Size Analysis: Analyze the Diabetic Foods Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Diabetic Foods Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Diabetic Foods Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Diabetic Foods Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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