Diabetic food products are dietary food products that are low in sugar and carbohydrate contents that help to control the rising sugar level in the blood. Diabetic food also includes low-calorie sweeteners, diet beverages with low-calorie sweeteners such as lactitol, aspartame, and sorbitol.
Rising cases of diabetes around the globe is a prime factor augmenting the market growth of diabetic food products. According to The International Diabetes Federation, in 2019, approximately 463 million adults (20-79 years) were living with diabetes; by 2045 this will rise to 700 million worldwide.
The global diabetic food market is projected to surpass US$ 16.5 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.8 % during the forecast period (2020 to 2027).
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The global diabetic food market has witnessed significant growth in recent past years, owing to the rising health-conscious and adoption of a healthy lifestyle among consumers in the region. Moreover, growing awareness among consumers regarding health risks associated with excessive consumption of sugary beverages and foods which have high-calorie content. This scenario is expected to provide lucrative growth to the global Diabetic food market over the forecast period.
Major players in the global diabetic food market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries food & beverages, nutritional and pharmaceuticals. This scenario is expected to fuel the market during the forecast period.
Global Diabetic food Market, By Application:
Ice cream and jellies
Key companies covered as a part of this study includes Nestle S.A., Unilever Plc, PepsiCo Inc., Cadbury Plc, The Coca-Cola Company, Kellogg, Company, Fifty 50 Foods, Inc., Mars Inc., Newtrition Plus Health and Wellness Pvt. Ltd, and Herboveda India
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