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Diabetic Food Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: February 2024 || SKU: FB3808
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Global Diabetic Food Market is segmented By Application (Bakery Products, Dairy Products, Beverages, Snacks, Others), By Distribution Channel (Pharmaceuticals/Drug Stores, Speciality Stores, Online Sales, Others), and By Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Diabetic Food Market Overview

The Global Diabetic Food Market is estimated to reach at CAGR of 5.9% during the forecast period (2024-2031).

Diabetic foods are functional food products that are low in carbohydrate and sugar content levels which assist in controlling glucose levels in the blood. Diabetes is a disease characterized by high blood sugar levels resulting from insufficient insulin or a lack of cell response to the insulin produced by the body. Moreover, diabetes causes damage to various other body parts such as the brain, nerves, eyes, kidneys and feet. Food products such as whole grains, brown rice, quinoa, oatmeal, millet and baked sweet potato are considered as healthy foods for people who have diabetes. These products can be consumed by the non-diabetic population as well, as a precautionary measure to prevent the occurrence of the disease in the future.

 

Diabetic Food Market Summary

Metrics

Details

Market CAGR

5.9%

Segments Covered

By Application, By Distribution Channel, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Diabetic Food Market Dynamics

Diabetics is one of the common diseases which is a global concern. The increasing population suffering due to diabetics is the primary driver of the global diabetic food market. According to the National Institute of Diabetes and Digestive and Kidney Diseases, it is estimated that around 60 million to 70 million Americans suffer from gastrointestinal problems, which leads to nearly 250,000 deaths each year. These conditions are responsible for close to 50 million hospital visits and 21.7 million hospital admissions annually, according to the NDDK. Thus, such consumers are increasingly becoming aware of the preventive measures that can be taken against diabetes. According to American Diabetes Association data, more than 1.4 million Americans are diagnosed with diabetes every year and among them more than 23,500 are youngsters. The continuous increase in the occurrence of juvenile diabetes along with digestive problems and obesity due to the lack of physical activity will increase the product demand and propel the diabetic food market growth in coming years. Countries with suffering due to heart diseases and obesity can serve as an opportunity for the growth of the diabetic food market.

However, products in the diabetic food market must strictly adhere to the stringent regulations by different government and federal agencies which have norms related to the amount of sugar substitute that is permitted in an edible product. This may hinder the industry growth during the forecast spell. The materials which are used in the product cause various health problems like cancer, tumor and headache which may also limit the diabetic food market growth. High prices may also reduce the product demand and hamper the industry growth in the future.

Diabetic Food Market Segment Analysis 

As bakery products are of the highly consumed food, there has been a trend in the production of bakery products keeping the diabetic population in view. Countries like the United States, Mexico and other parts of North America and Europe, where the bread derived products are considered to be staple cuisine, are the leading consumers of bakery products specialized for diabetic population. Demand in dairy products accounted for over XX% in 2020. Rising food manufacturing in emerging economies such as China, India, and Brazil are projected to positively influence the market. Dairy products are beneficial for people with diabetes as calcium helps to regulate blood pressure. Some research indicates that consuming 1,000 to 1,200 mg of calcium daily may be helpful in preventing and treating hypertension, according to the Linus Pauling Institute. Moreover, dairy products lower the risk of heart diseases. In a study published in the International Journal of Obesity in May 2021, researchers from the University of Reading in the UK found that people who had a higher milk intake had lower levels of both good and bad cholesterol, and a lower risk of heart disease compared to people who don’t drink milk.  

Diabetic Food Market Geographical Share

North-America dominates the diabetic food market

North America is the largest shareholder of the global diabetic food market with the United States being the largest contributor, as the market in this country benefits from the widening trend in healthy living especially among aging populations. Moreover, the United States being highly populated with diabetic patients, is supporting the growth of the market in this country. According to the American Dietetic Association estimations, 34.2 million Americans, that is 10.5% of the population, had diabetes in 2018. While, around 1.6 million Americans have type 1 diabetes, including about 187,000 children and adolescents. Also, the rising disposable income in this country is supporting the growth of the market.

In Asia Pacific, the diabetic food industry accounted for over XX% of the overall revenue in 2020. Rising demand in Japan, China, South Korea, and India is expected to positively influence regional demand. China is the country with the highest number of diabetics worldwide, with around 116 million people suffering from the disease. By the year 2045, it is predicted that India will have around 134 million people with diabetes. Asia Pacific is anticipated to witness high growth in dairy products and confectionery sector owing to rising disposable income and growing population, thereby aiding the regional diabetic food market growth.

Diabetic Food Market Companies and Competitive Landscape

The global diabetic food market is fragmented with players like Nestlé SA, Unilever Plc., The Coca-Cola Company, PepsiCo Inc., Kellogg Co., and Mars Incorporated, among others. These companies adopted the strategy of acquisitions, merges and product launches to cater the changing trends in the consumer demands. Various players in the market are launching organic diabetic foods for health-conscious consumers. For instance, in July 2021, Lo! Foods launched a range of diabetic friendly Low-Carb and Sugar free food products. The products are Low-Carb, sugar free, Maida free and is 50% lower in glycemic index. Sushma Gram Udyog offers various products including white oats, oat bran, barley porridge, and unpolished brown rice which are made under hygienic conditions having 100% natural ingredients with no chemical and harmful content in the diabetes foods. Amber Lyn offers sugar-free Belgian dark chocolate sweetened with maltitol which offers sugar-free, zero cholesterol, gluten-free, zero milk products, zero preservatives, zero trans-fat chocolates for diabetic patients which taste like any other dark chocolates. The introduction of home glucose monitors allows consumers to measure calorie intake, which is expected to augment the market for diabetic food over the forecast period.

COVID-19 Impact: Pandemic had a positive impact on global diabetic food market

As the pandemic lead to more health consciousness among consumers, the demand for diabetic foods increased during pandemic period. People with high blood pressure and diabetes are at a higher risk of getting infected from COVID 19 and are more likely to suffer from severe symptoms. Hence, nutritionists suggested people with diabetes to eat a high-fibre diet to control sugar levels. Doctors suggested people with diabetes, to stay away from food that is high in carbohydrates, calories, and sugar. This further drove the demand for diabetic foods, positively impacting the market.

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FAQ’s

  • Global Diabetic Food Market is expected to grow at a CAGR of 5.9% during the forecast period 2024-2031

  • Key players like Nestlé SA, Unilever Plc., The Coca-Cola Company, PepsiCo Inc., Kellogg Co., Zen Health Japan Co. Ltd., Newtrition Plus Health & Wellness Pvt. Ltd., Hunan Hill Pharmaceuticals Co. Ltd., Danone, Inc and Mars Inc.
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