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 Diabetic Food Market

Diabetic Food Market Size, Share and Segmentation by Product (Confectionery, Snacks), by Distribution Channel (Supermarkets & Hypermarkets, Online), by Regions and Global Market Forecast 2023-2030

Report Id: SNS/F&B/1549 | June 2022 | Region: Global | 120 Pages

Report Scope & Overview:

Diabetic Food Market Size was valued at USD 12.27 billion in 2022 and is expected to reach USD 20.61 billion by 2030, and grow at a CAGR of 6.7% over the forecast period 2023-2030.

Diabetic Food items are dietary items that incorporate diminished starch and sugar contents that assist in controlling the ascent of the blood glucose. Diabetic Food likewise contains low-calorie sugars, diet refreshments, and so forth. These items are consumed by diabetic individuals as well as by individuals who are not diabetic as a prudent step to forestall diabetes.

Diabetic Food Market Revenue Graph

Diabetic food sources are dietary items that have low starch and sugar content and help with controlling glucose levels in the blood. Diabetes is an infection described by high glucose levels coming about because of deficient insulin or an absence of cell reaction to the insulin delivered by the body. Aside from this, diabetes likewise harms different other body parts like the cerebrum, nerves, eyes, kidneys, and feet. Food items like entire grains, earthy colored rice, quinoa, cereal, millet, and heated yam are considered as quality food sources for individuals who have diabetes. These items can be consumed by the non-diabetic populace too, as a prudent step to forestall the event of the sickness later on.

Market Dynamics:

Driving Factors:

  • The rising diabetic populace.

  • Rising mindfulness about the medical problems, diabetic worries, and expanding heftiness.

Restraining Factors:

  • Some what excessive cost of the items.

Opportunities:

  • Expanding familiarity with the Diabetic Food items and the rising utilization of sugar substitutes.

Challenges:

  • Low awareness.

Impact of Covid-19:

The COVID-19 pandemic is influencing Diabetic food through monetary and social framework shocks, food framework disturbances, and holes in fundamental wellbeing and nourishment administrations inclusion. In low-and centre pay nations, food frameworks should adjust and reinforce food and nourishment security following COVID-19.

Market Estimations:

Product type:

The dairy item section ruled the market for diabetic food and held the biggest income share. Greek yogurt, string cheddar, and grass-took care of dairy choices are settled on by buyers experiencing diabetes. The rising number of item dispatches in this section looks good for future development. Be that as it may, the ice cream parlor section is projected to enroll the quickest development during the conjectured time frame. Item dispatches in the ice cream parlor section by key brands and new companies all over the planet have been supporting the general development. The product offering comprises of three chocolate bars including dull chocolate, dim chocolate and ocean salt nibs, and dim chocolate and mint.

Distribution Channel:

The stores and hypermarkets portion drove the market for diabetic food. The sheer volume of stores and hypermarkets spread across the globe is the essential component for its enormous worth age. The helpful shopping experience of having a plenty of food things including diabetic food at a solitary spot is the essential driver for customers to visit their close by stores and hypermarkets. The web-based conveyance channel is anyway expected to show the quickest development during the conjecture.

Key Market Segmentation:

Product type:

  • Confectionery

  • Snacks

  • Bakery Products

  • Dairy Products

  • Others

Distribution Channel type:

  • Supermarkets & Hypermarkets

  • Specialty Stores

  • Online

  • Others

Diabetic Food Market Segment Chart

Regional Analysis:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

North America overwhelmed the market for diabetic food and represented the biggest income share attributable to rising well-being intricacies because of the great degrees of blood glucose and the maturing populace principally in the U.S. In addition, hypertension and cholesterol is different explanations behind the rising interest in diabetic food varieties in the U.S., which is expected to give a learning experience to the market. In the Asia Pacific, the market for diabetic food is supposed to observe the quickest development during the conjecture time frame. The rising number of diabetic populaces with elevated cholesterol, ongoing kidney sickness, and stoutness in nations like China, and India is supposed to impact territorial interest emphatically.

Key Players:

Nestlé, Unilever, The Kellogg Company, Conagra Brands, Inc., Fifty 50 Foods, Inc., Mars Inc., Tyson Foods, Sushma Gram Udyog, The Hershey Company, Hain Celestial Group

Diabetic Food Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 12.27 Billion
Market Size by 2030 US$ 20.61 Billion
CAGR CAGR 6.7% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Product (Confectionery, Snacks)
• by Distribution Channel (Supermarkets & Hypermarkets, Online)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Nestlé, Unilever, The Kellogg Company, Conagra Brands, Inc., Fifty 50 Foods, Inc., Mars Inc., Tyson Foods, Sushma Gram Udyog, The Hershey Company, Hain Celestial Group
Key Drivers •The rising diabetic populace.
•Rising mindfulness about the medical problems, diabetic worries, and expanding heftiness.
Market Opportunities •Expanding familiarity with the Diabetic Food items and the rising utilization of sugar substitutes.


Frequently Asked Questions (FAQ) :


Table of Contents:

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7.  PEST analysis

 

8. Global Diabetic Food market segmentation, by Product:

8.1 Confectionery

8.2 Snacks

8.3 Bakery Products

8.4 Dairy Products

8.5 Others

 

9. Global Diabetic Food market segmentation, by Distribution Channel type:

9.1 Supermarkets & Hypermarkets

9.2 Specialty Stores

9.3 Online

9.4 Others

 

10. Global Diabetic Food market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

12. Company profiles

12.1 Nestlé

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 Swot Analysis

12.1.4 The SNS View

12.2 Unilever

12.3 The Kellogg Company

12.4 Conagra Brands, Inc.

12.5 Fifty 50 Foods, Inc.

12.6 Mars Inc.

12.7 Tyson Foods

12.8 Sushma Gram Udyog

12.9 The Hershey Company

12.10 Hain Celestial Group

 

13. Competitive Landscape

13.1 Competitive Bench Marking

13.2 Market Share Analysis

13.3 Recent Developments

 

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Step 4: QA/QC Process

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