Global Diabetic Food Market to be Propelled by Rise in Aging Population and Healthy Eating Choices


Posted July 2, 2015 by Alinajohn

Diabetic Food Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020

 
The expanding diabetic population is one of the significant matters of concern universally. With the developing mindfulness and data with regard to preventive measures for diabetes, consumers are choosing diabetic food alongside pharmaceuticals. The diabetic population is expanding because of the occupied way of modern life and customers' inclination for convenient junk food. Moreover, the number of youths and kids diagnosed with juvenile diabetes is increasing because of the absence of a healthy eating regimen and physical activity. Thanks to rising health cognizance, consumers are indicating solid inclination for low-calorie nourishment products. Besides, many producers have extended their product portfolio to incorporate diabetic food products, with a specific end goal to pull in this growing niche of consumers.The global diabetic food market was valued at US$7,418.6 million in 2013 and is expanding at a CAGR of 5.9% between 2014 and 2020 is expected to reach US$11,098.0 million by 2020,

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Rising Awareness about a Healthy Lifestyle: One of the Key Driving Factors Responsible for Mounting Demand for Diabetic Food

Some food producers have begun utilizing artificial sweeteners, such as aspartame, neo-tame, and acesulfame K in place of sugar. The wide range of diabetic food products on offer can be classified into dietary drinks, low-fat dairy items, low-calorie desserts, and jams. Moreover, food manufacturers are now extending their product portfolio to incorporate baked items and diabetic confectioneries, among others.

Rise in the global aging population is one of the central factors driving the market for diabetic food worldwide. In addition to this, rising awareness about a healthy lifestyle among the geriatric population is prompting an increment in the demand for diabetic food around the world.

Moreover, increasing consumer concern about adherence to healthy eating choices leading to changes in food preference is likewise boosting the demand from the diabetic food market. Moreover, increase in consumer mindfulness about health advantages associated with low-calorie diabetic food products is likewise pushing the development of the diabetic food market.

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North American Diabetic Food Market: Outstanding as the Most Dominant Market

The global diabetic food market, based on geography, is segmented into North America, Europe, Asia-Pacific, and Rest of the world. North America ruled the diabetic food market worldwide in 2013, trailed by Europe and Asia Pacific. Increasing disposable income is a major factor having a positive effect on the developing interest in diabetic food worldwide. Increasing awareness towards keeping up a healthy way of living is boosting the demand for diabetic foods in RoW. U.S. rules the diabetic food market in North America.

Expanding prevalence of high blood glucose levels and the growing aging population is producing a positive effect on the diabetic food market in the U.S. The U.K. and Germany ruled the diabetic food market in Europe. Rising awareness to develop a healthy lifestyle is likewise prompting a rise in demand for diabetic food products all around Europe. China and Japan drive the market for diabetic food in the region of Asia Pacific.

Expanding knowledge with respect to the advantages connected with diabetic food is one of the main factors inciting the demand for diabetic food in this region. This factor is also applicable to the Middle East and Africa, where a growing base of informed citizens is boosting the diabetic food market. Latin America and the Middle East dominate the business sector for diabetic food in Rest of the World.

Some of the leading diabetic food manufacturers in North America, Europe, Asia Pacific, and RoW include Unilever Plc, Nestle S.A., PepsiCo Inc., The Coca-Cola Company, Cadbury plc, Kellogg Company, Mars, Inc., Fifty 50 Foods, Inc., and David Chapman's Ice Cream Limited.


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Last Updated July 2, 2015