The market for diabetic food is continuously growing on account of the increasing awareness about diabetes among consumers. A sedentary lifestyle and a growing trend of junk food consumption are swelling the number of diabetes cases globally. According to WHO, the number of people with diabetes rose from 108 million in 1980 to 422 million in 2014. Also, in 2019, an estimated 1.5 million deaths were directly caused by diabetes. This has resulted in higher demand for diabetic food. Such diabetic food usually included dietary beverages, dairy products, and confectioneries having fewer calories and oil. They help to control blood glucose level. Additionally, rising cases of type 1 diabetes in children and youngsters due to less physical activity is likely to boost demand for diabetic food. Also, the use of artificial sweeteners such as neo-tame, acesulfame potassium, and aspartame as an alternative for sugar is expected to stimulate the growth of the market positively in the coming years.
On the other hand, the high cost of diabetic food is a key factor to hamper the growth of the market. However, diabetic food manufacturing companies are constantly introducing new products with various segments. These product segments are low-calorie sugar, low-fat dairy products, diabetic baked products, jellies and ice creams, dietary beverages & snacks, and confectionery. The launch of a new product is expected to provide lucrative growth opportunities for the global food diabetic market in the future.
Diabetic Food Market Segment Overview
The dietary beverages segment is one of the leading application segments. Dietary beverages are a major contributor due to the different varieties available in the market and the huge consumption of beverages across the world. Also, increasing demand for low-calorie and sugar-free beverages specifically in North America and Europe. Thus, all these factors are positively impacting the growth of dietary beverages in the forthcoming years. In addition, the rapidly growing global geriatric population enhancing the demand for diabetic food broadly.
Diabetic Food Market Regional Overview
North America is anticipated to dominate the overall market, throughout the forecast period. The market development is due to factors such as the increasing base of geriatric as well as diabetic population. The U.S. leads the diabetic food market in North America due to the extensive demand for diabetic food. Presently, Europe is the second-largest diabetic food market. This is due to rising awareness about health among consumers. Lately, Asia Pacific is also showing remarkable growth in the diabetic food market. Owing to the large population bases in countries such as India, China, and Japan drive the growth of the market in this region.
Diabetic Food Market Competitor overview
The market leaders are mainly focused on product launches, partnerships, and acquisitions to improve the market share. For instance, In November 2019, Dr Reddy's Laboratories Ltd announced entry into the nutrition segment with the launch of the diabetic-friendly drink 'Celevida' in India. It is a first-of-its-kind under Dr Reddy's nutrition portfolio and clinically proven to help manage blood glucose levels among Indian patients.
Diabetic Food Market, Key Players
· PepsiCo Inc.
· Unilever Plc
· Kellogg Co.
· The Coca-Cola Co.
· Cadbury Plc
· Mars Inc.
· Fifty 50 Foods Inc.
· Nestle S.A.
· Newtrition Plus Health
· Wellness Pvt. Ltd.
· Sushma Gram Udyog
· Amber Lynand David Chapman's Ice Cream Ltd.
Diabetic Food Market Segmentation
Diabetic Food Market, By Application
· Confectionary
· Ice Creams and Jellies
· Dietary Beverages
· Snacks
· Baked Products
· Dairy Products
· Others
Diabetic Food market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Diabetic Food Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Application
- 5.2.1. Confectionary
- 5.2.2. Ice Creams and Jellies
- 5.2.3. Dietary Beverages
- 5.2.4. Snacks
- 5.2.5. Baked Products
- 5.2.6. Dairy Products
- 5.2.7. Others
- 5.3. Market Analysis, Insights and Forecast – By Region
- 5.3.1. North America
- 5.3.2. Latin America
- 5.3.3. Europe
- 5.3.4. Asia Pacific
- 5.3.5. Middle East and Africa
6. North America Diabetic Food Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Application
- 6.2.1. Confectionary
- 6.2.2. Ice Creams and Jellies
- 6.2.3. Dietary Beverages
- 6.2.4. Snacks
- 6.2.5. Baked Products
- 6.2.6. Dairy Products
- 6.2.7. Others
- 6.3. Market Analysis, Insights and Forecast – By Country
- 6.3.1. U.S.
- 6.3.2. Canada
7. Latin America Diabetic Food Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Application
- 7.2.1. Confectionary
- 7.2.2. Ice Creams and Jellies
- 7.2.3. Dietary Beverages
- 7.2.4. Snacks
- 7.2.5. Baked Products
- 7.2.6. Dairy Products
- 7.3. Others Market Analysis, Insights and Forecast – By Country
- 7.3.1. Brazil
- 7.3.2. Mexico
- 7.3.3. Rest of Latin America
8. Europe Diabetic Food Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Application
- 8.2.1. Confectionary
- 8.2.2. Ice Creams and Jellies
- 8.2.3. Dietary Beverages
- 8.2.4. Snacks
- 8.2.5. Baked Products
- 8.2.6. Dairy Products
- 8.2.7. Others
- 8.3. Market Analysis, Insights and Forecast – By Country
- 8.3.1. UK
- 8.3.2. Germany
- 8.3.3. France
- 8.3.4. Italy
- 8.3.5. Spain
- 8.3.6. Russia
- 8.3.7. Rest of Europe
9. Asia Pacific Diabetic Food Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Application
- 9.2.1. Confectionary
- 9.2.2. Ice Creams and Jellies
- 9.2.3. Dietary Beverages
- 9.2.4. Snacks
- 9.2.5. Baked Products
- 9.2.6. Dairy Products
- 9.3. Others Market Analysis, Insights and Forecast – By Country
- 9.3.1. China
- 9.3.2. India
- 9.3.3. Japan
- 9.3.4. Australia
- 9.3.5. South East Asia
- 9.3.6. Rest of Asia Pacific
10. Middle East & Africa Diabetic Food Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Application
- 10.2.1. Confectionary
- 10.2.2. Ice Creams and Jellies
- 10.2.3. Dietary Beverages
- 10.2.4. Snacks
- 10.2.5. Baked Products
- 10.2.6. Dairy Products
- 10.2.7. Others
- 10.3. Market Analysis, Insights and Forecast – By Country
- 10.3.1. GCC
- 10.3.2. South Africa
- 10.3.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. PepsiCo Inc.
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Unilever Plc
- 11.6. Kellogg Co.
- 11.7. The Coca-Cola Co.
- 11.8. Cadbury Plc
- 11.9. Mars Inc.
- 11.10. Fifty 50 Foods Inc.
- 11.11. Nestle S.A.
- 11.12. Newtrition Plus Health
- 11.13. Wellness Pvt. Ltd.
- 11.14. Sushma Gram Udyog
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
