The global diabetic food market is projected to grow from USD 12,000 million in 2024 to USD 17,891 million by 2034, with a CAGR of 8.3% over the next decade.
Several factors are expected to drive this growth, including the rising prevalence of diabetes, increasing health awareness, and changing dietary habits.
An unhealthy diet poses a significant health risk, particularly for managing conditions like type 2 diabetes. As a result, consumers with diabetes are turning to specialized diabetic foods to help manage their condition.
In the competitive diabetic food market, grocers and fresh food producers are not only focusing on price but also on flavor and presentation. Companies are investing in research and development to create diabetic-friendly products that taste good and appeal to consumers.
Governments are supporting this shift by taxing high-sugar products, making healthier alternatives more cost-effective. Additionally, the trend towards natural and organic diabetic foods is gaining traction.
Companies are also developing plant-based diets to help manage diabetes, with researchers exploring future strategies for more sustainable and simplified diabetes management. Leading brands are prioritizing ethical and sustainable production practices to align with current market trends.
Key Takeaways from the Diabetic Food Market Report
- The diabetic food industry is projected to total USD 17,891 million by 2034.
- By product type, the confectionery segment is projected to acquire a 4%share in 2024.
- Based on distribution channel, the supermarkets and hypermarkets segment is anticipated to obtain a value share of 32%in 2024.
- The United States is projected to account for a value share of 4% in 2024.
- China is poised to register a CAGR of 2%through 2034.
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Competitive Landscape
Key players in the diabetic food market are capitalizing on numerous opportunities to innovate product formulations and packaging. They are harnessing advancements in food science and ingredient sourcing to create diabetic-friendly products that offer nutritional benefits, exceptional taste, and convenience.
Companies are introducing natural sweeteners, unique food formats, and functional ingredients to appeal to health-conscious consumers looking for healthier alternatives. By developing diabetic food solutions that support better dietary choices, they are building strong consumer loyalty.
Additionally, players are expanding their market presence through subscription-based meal plans and diabetic meal delivery services to boost sales. They are also leveraging the rise of eCommerce, specialty health food stores, and direct-to-consumer models to broaden their reach. Diversifying distribution channels is helping to make diabetic-friendly options more accessible.
Furthermore, companies are collaborating with digital health-tracking apps and wearables to aid diabetes management. Environmental sustainability is also a focus, with efforts to reduce waste and improve packaging sustainability being prioritized.
Industry Updates
In May 2024, the NHS announced an expansion of its ‘soups and shakes’ diet program, which will now be available to over 10,000 type-2 diabetes patients across England, doubling the program’s previous capacity.
In November 2023, Dr. Reddy’s of India launched a direct-to-consumer (D2C) eCommerce platform for diabetic-friendly supplements, marking its entry into the D2C market.
Leading Diabetic Food Brands
- Unilever
- Nestlé
- PepsiCo
- The Coca-Cola Company
- Kellogg Co
- Mars Incorporated
- FIFTY/50 MANAGEMENT GROUP
- Chapman’s
- Others
Key Segments of Market Report:
By Product Type:
Based on product type, the sector is divided into dietary beverages, dairy products, baked products, ice cream and jellies, and confectionery, among others.
By Distribution Channel:
Various distribution channels for diabetic food include supermarkets and hypermarkets, specialty stores, grocery stores, online stores, and others.
By Region:
The diabetic food is sold across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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