Dublin, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The "Diabetic Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global diabetic food market size reached US$ 11.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 17.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028.
Diabetic foods are specifically designed with reduced carbohydrate and sugar levels to help manage blood sugar. Diabetes, a condition resulting from the body's inability to produce or effectively use insulin, can also impact various organs like the brain, eyes, and kidneys. Essential diabetic-friendly foods include whole grains, quinoa, oatmeal, and baked sweet potato, beneficial for both diabetics and those looking to prevent the condition.
The global diabetic food market is growing due to rising diabetes rates and increased health risk awareness. Particularly, the surge in obesity among young individuals is propelling this market's expansion. E-commerce growth and the rise of supermarkets make these products more accessible to consumers.
Staying informed about market trends and key players is crucial for businesses seeking success in the diabetic food sector. Our in-depth market research offers these insights and more, aiding strategic decisions.
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
The publisher's latest report provides a deep insight into the global diabetic food market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the diabetic food market in any manner.
Key market growth drivers include:
- Rising global diabetes prevalence and health risk awareness.
- Increased obesity among youth due to sedentary lifestyles.
- Enhanced R&D in diabetic food products leading to diverse offerings.
- Thriving e-commerce and accessible retail avenues like supermarkets.
- An expanding aging population with more disposable income.
Key Questions Answered in This Report:
- How has the global diabetic food market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global diabetic food industry?
- What has been the impact of COVID-19 on the global diabetic food industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end consumers?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the global diabetic food industry?
- What are the key driving factors and challenges in the global diabetic food industry?
- What is the structure of the global diabetic food industry and who are the key players?
- What is the degree of competition in the global diabetic food industry?
- What are the profit margins in the diabetic food industry?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 142 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $11.2 Billion |
| Forecasted Market Value (USD) by 2028 | $17.5 Billion |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
Key Market Segmentation:
Breakup by Product Type:
- Bakery Products
- Dairy Products
- Confectionery Products
- Beverages
- Snacks
- Spreads
- Others
Breakup by End Consumers:
- Children
- Adults
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Drug Stores/Pharmacies
- Grocery Stores
- Online Stores
- Others
Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
For more information about this report visit https://www.researchandmarkets.com/r/tfawwk
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