The global diabetic food market is
expected to reach USD 11.76 billion by 2025, according to a new report by Grand
View Research, Inc. Rising demand for diabetic food in the medical sector is
anticipated to fuel the market growth.
Rising health concerns and an uptrend in
the occurrence of diabetes among youngsters, and health issues such as obesity,
diabetes, and digestive disorders have prompted consumers to opt for such
diabetic food solutions. Wide applications of diabetic food in healthcare
sector including, insulin and medical food, are expected to positively the
growth of the market over the forecast period of 2014 to 2025.
The diabetic food industry is governed by
various regulations that cover the entire lifecycle ranging from production to
end use. Diabetic products used in the healthcare industry need to strictly
abide by the stringent U.S. FDA regulations. Health disorders are a result of
unhealthy lifestyles such as long working hours, sedentary lifestyle, smoking,
poor food habits and alcohol consumption and are anticipated to influence the
industry growth over the forecast period.
Access Research Report of Diabetic Food Market@ http://www.grandviewresearch.com/industry-analysis/diabetic-food-market
Further key findings from the report suggest:
· The global diabetic food demand was USD 7
billion in 2015 and is estimated to grow at a CAGR of 5.4% from 2016 to 2025
· Demand in dairy application is estimated to
exceed USD 3 billion by 2025, owing to its probiotic properties
· Baked products application segment is
estimated to grow at a CAGR of 5.5% over the forecast period owing to the large
demand of sugar-free baked products by health conscious consumers
· Product demand in Asia Pacific is expected
to grow at a significant rate of 6.0% over the next nine years owing to the
emerging economies and the growing investment in the medical foods sector
· Diabetic food industry in North America is
anticipated to exceed USD 4 billion by 2025, owing to the growing medical
sector and imbalance in work life and unhealthy lifestyle
· Companies such as Coca-Cola Company and
PepsiCo Inc. offer raw materials including, dietary syrups, carbon dioxide,
sweeteners, and juices, to various industries including, frozen foods,
nutritional and functional foods, beverages, medical and processed foods.
· Business expansions by companies, such as
Mondelēz International to establish global research, development & quality
(RDQ) network of the future, is anticipated to strengthen the market presence
over the coming years
Grand View Research has segmented the
diabetic food market on the basis of product, application, and region:
Diabetic Food Market, Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Confectionery
·
Ice Creams and Jellies
·
Dietary Beverages
·
Baked Products
·
Dairy Products
·
Others (including snacks)
Diabetic Food Market, Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
CSA
·
MEA
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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