Overview:
Diabetic food or diet is generally recommended for people with high blood glucose content in the body. Rising awareness over diabetes along with preventive measures is expected to fuel the growth of diabetic food market over the period 2016-2026. It has been notified that with the change in lifestyle and hectic work schedule, consumers are demanding for junk food as well as lack of exercise or any other physical activity is ultimately leading to diabetes which in turn is expected to create more demand for diabetic food all over the world.
The global diabetic food market is growing at a fast pace and is anticipated to attain significant growth over the next seven years till 2023. Rising urbanization along with change in lifestyle and escalating personal disposable income especially in developing countries such as China and India is anticipated to expand the growth of diabetic food market over the forecast period. Apart from this, increasing diabetic population coupled with increasing health consciousness among consumers is expected to spur the global diabetic food market over the forecast period.
At present, North America region captured the maximum share in revenue of diabetic food market and is anticipated to dominate over the forecast period. Rising health related complications due to population ageing and rising level of obesity is anticipated to impel the growth of diabetic food market in the region.
The global diabetic food market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Diabetic Food Market is segmented on the following bases:
Key Players Identified Across the Value Chain in the Diabetic Food Market include but are not limited to:
The Coca Cola Company, Unilever Plc., Pepsico Inc., Nestle S.A., Mars Incorporated, Kellogg Co., David Chapman’s Ice Cream Ltd, Fifty 50 Foods Inc., Cadbury Plc., and others.
This report offers: