The diabetic food market is experiencing significant growth owing to rising health awareness among people. Diabetic food items have all the nutrients one requires nutritionally without compromising the glucose levels in the body, which helps manage diabetes efficiently. Key diabetic foods include low-glycemic index fruits like apples and berries, high-fiber whole grains like oats and brown rice, nuts, yogurt, eggs etc. These products are easy to digest and release sugars slowly into the bloodstream. The global diabetic food market is estimated to be valued at US$ 15.11 Bn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Diabetic Food Market Size are Waifair LLC, Westminister Teak Inc., Polyteak, Bajanusa Furniture, Frontgate, Gloster Furniture GMBH, Nusantara Teak, Teak Heirlooms, Raft Furniture, Wihardja, Artisera, Teak & Mahogany, Dania Furniture, Danish Teak Classics, Casateak Teak wood furniture, Teak Vogue Sdn Bhd, CV.Jepara Crafter Furniture, Wisanka Indonesia, and Kalingga Jati Furniture. The growing prevalence of diabetes globally has accelerated the demand for specially formulated diabetic foods. Major food manufacturers are extensively researching and developing new product varieties that effectively control blood glucose levels. Technological advancements like new extraction techniques produce high fiber & protein concentrates improving the nutritional profile of diabetic foods.
Market Trends
Growing health awareness: Increasing awareness about managing diabetes through diet is driving the market. People are switching to low glycemic foods that slowly release energy avoiding blood sugar spikes.
Product innovations: Manufacturers are focusing on new product developments using natural ingredients and flavors to make diabetic foods more palatable. Varieties include snacks, bakery items and beverages.
Market Opportunities
Emerging markets: Countries like India, China and Brazil offer lucrative opportunities for diabetic food manufacturers owing to rising diabetes prevalence and health expenditures.
Online retail: E-commerce platforms are gaining popularity for purchasing diabetes management products including foods and dietary supplements for home delivery convenience.
Impact of COVID-19 on Diabetic Food Market
The COVID-19 pandemic has impacted the growth of the diabetic food market in multiple ways. Due to nationwide lockdowns and social distancing measures imposed across countries, the demand for diabetic food suffered tremendously in the initial phases of the pandemic. Disruptions in supply chains and manufacturing activities further added to the woes. Restrictions on travel and trade affected the availability of key raw materials. This temporarily halted production and deliveries of diabetic food products.
However, with governments gradually lifting lockdown restrictions and markets reopening, the diabetic food market has started recovering. Increased health awareness amid the pandemic has also boosted demand. People with diabetes are making concerted efforts to maintain optimal blood glucose levels through diet to reduce COVID-19 risk. This has driven sales of low glycemic index foods and beverages. Manufacturers are ramping up production and implementing strict safety measures to meet the rising consumer needs. Online commerce has picked up for diabetic food, offsetting difficulties in brick-and-mortar shopping to an extent. Looking ahead, the diabetic food market is expected to thrive in the coming years as awareness continues growing.
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