The global diabetic food market value is expected to rise from USD 12,000 million in 2024 to USD 17,891 million by 2034. Global demand is forecast to surge at a CAGR of 8.3% over the next decade.
Multiple factors are expected to stimulate growth of the diabetic food market during the forecast period. These include increasing prevalence of diabetes, growing health awareness, and shifting dietary preferences.
In matters of health, an unhealthy diet can pose a risk of morbidity. To manage extreme health conditions like type 2 diabetes, consumers are being advised to keep their diet in check. Since this health condition is associated with food, patients with diabetes are heavily filling their kitchen inventories with specialized diabetic food.
In the diabetic food industry, grocers and fresh food producers compete not only on prices but also on food tastes. Players are thus investing in research and development to formulate diabetic foods that taste good and look pleasing.
Governments are also doing their part by imposing taxes on high-sugar products to boost the attractiveness of healthier substitutes from a cost perspective. In addition, the wave of natural and organic diabetic foods is making an impact on the diabetic food market.
Players are seen developing plant-based diets to manage diabetes. Researchers are also developing future strategies to make diabetes management simpler and sustainable. Leading companies are also focusing on ethical and sustainable production practices to align themselves with the latest market trends.
Key Takeaways from the Diabetic Food Market Report
“Growing prevalence of diabetes and its high mortality rate are expected to play key roles in propelling demand for diabetic foods globally during the assessment period.” – Nandini Roy Choudhury, Client Partner at Future Market Insights
Who is Winning?
Key players are innovating and expanding their diabetic-friendly food offerings. New textures, flavors, and formulations are being explored to serve the evolving tastes and dietary requirements of diabetic patients. Various manufacturers have also started using alternative sweeteners, high-fiber content, and low-glycemic ingredients to improve products’ appeal and nutritious content.
Industry participants are engaging in partnerships with other companies, research institutions, and healthcare providers to create new products. Partnerships between these entities also aim at developing educational campaigns about diabetes and expanding into new markets.
Players are further employing effective branding and marketing strategies to pull the attention of diabetic patients. Manufacturers are differentiating their products via packaging designs, branding initiatives, and targeted messaging that resonate with the target audience.
Leading Diabetic Food Brands
Latest Industry Developments
Explore In-Depth Analysis https://www.futuremarketinsights.com/reports/diabetic-food-market
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