(MENAFN - GetNews) According to report published by Grand View Research, Growing awareness over diabetes coupled with preventive measures taken by consumers is anticipated to spur the market growth.
The global diabetic food market size 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.
Diabetic Food is the diet which is recommended for individuals with high blood glucose or diabetes mellitus. It usually consists of edible products which are rich in refined carbohydrates and have low sugar content. Different individuals living with diabetes are recommended different types of diet based on their condition. In cases of hypoglycemia many are recommended to have a diet which increases their blood glucose level rapidly and in other cases, individuals suffering from diabetes mellitus are recommended to have a diet which reduces their high glycemic index (GI) carbohydrates intake.
Major technological shifts in the manufacturing processes and the use of advanced machinery are anticipated to positively affect the market growth. Many firms are investing in creating android and iPhone applications to help the individuals living with diabetes to better manage their health. These applications include BG Monitor Diabetes, Blue Loop, Calorie Counter PRO, Diabetes in Check and Diabetes Tracker. These applications help people to set reminders, create graphs and spreadsheets of their data, calculate their calorie intake, insulin requirements and track their progress.
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.
U.S. diabetic food market revenue by application, 2014 - 2025 (USD Million)
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Key Takeaways Of The Report :
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 foodmarket 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 Mondelz International to establish global research, development & quality (RDQ) network of the future, is anticipated to strengthen the market presence over the coming years
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Global diabetic food market revenue by region, 2015 (USD Million)
Grand View Research has segmented the global diabetic food market on the basis of product, application, and region:
Diabetic Food Market, Application Outlook (Revenue, USD Million, 2014 - 2025)
Diabetic Food Market, Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
Europe
Asia Pacific
CSA
MEA
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Diabetic Food Market Size Predicted To Reach USD 11.76 Billion By 2025 | Grand View Research Inc. - MENAFN.COM
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