Large diabetic population is a major driver for the global diabetic food market. In 2013, around 347 million people were diabetic worldwide. Other major factors contributing to market growth are increasing health awareness and rising obesity levels. The people who are not diabetic also consume diabetic products as precautionary measures of getting diabetic. Different type of ‘reduced sugar and carbohydrate’ food products are available under diabetic foods segment. Packaged food that are labelled as ‘low in sugar’, ‘suitable for diabetics’ and containing carbohydrates that do not cause a large rise in blood glucose, are most promising market segments.
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Traditionally, diabetic products were distributed through chemist, drug stores and health food stores. The scenario has changed, as these products are now available in supermarkets and hypermarkets. As the number of consumers with diabetes rises, naturally health foods, in both packaged and non-packaged formats, will also benefit from diabetic trends. The medical image of diabetic products is also often unappealing to consumers. The developed countries, such as the U.S., the U.K., Germany and France are the dominant market shareholders. Some of the major companies operating in the market are Nestle, Coca-Cola, PepsiCo, Mars, Cadbury, Kellogg, Unilever and Golden Farm Candies.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
· North America
· Asia Pacific
· Rest of the World
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This report provides comprehensive analysis of
· Market growth drivers
· Factors limiting market growth
· Current market trends
· Market structure
· Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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