According to Stratistics MRC, the Global Diabetic Food Market is accounted for $8.47 billion in 2016 and is expected to reach $11.96 billion by 2022 growing at a CAGR of 5.9% from 2016 to 2022. Some of the key drivers impacting the demand for the market include, growing usage of artificial sweeteners, hectic lifestyle and increasing demand for junk food. Moreover, increasing awareness towards diabetics and health consciousness among infantile generation has positively affected the market growth. Easy availability of diabetic food and surging discretional income will further spurs the market size over the forecast period. However, huge capital investments will restrict the Diabetic Food market.
By products, confectionery segment is estimated to dominate the diabetic food market with highest market share. North American region commanded the market with largest share, followed by Europe and Asia Pacific. Moreover, increasing demand for diabetic foods in U.S. will provide a significant growth opportunity.
Some of the key vendors in this market include Herboveda India, Mars Inc., Kellogg Company, Cadbury Plc, Unilever Plc, Newtrition Plus Health, Wellness Pvt. Ltd, Fifty 50 Foods, Inc., The Coca-Cola Company, PepsiCo Inc., Nestle S.A., The Great Nutrition Company, Breisgaumilch GmbH, H. J. Heinz Company and Saputo Inc.
Products Covered: Diabetic Spreads Diabetic Confectionery Diabetic Bakery Products Dairy Products Ice Creams and Jellies Dietary Beverages Other Products Snacks
Regions Covered: North America US Canada Mexico Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments