The global diabetic food products market was valued at USD 25.3 billion in 2022 and is projected to expand at a CAGR of 6.5% during the forecast period. An increasing number of people suffering from diabetes has led to a rise in the demand for diabetic foods, as they are formulated to help maintain the blood glucose level. Furthermore, the market is driven by the rising awareness about the health benefits of dietary foods, especially among the diabetic population.

The rising prevalence of diabetes has led to an increase in the demand for diabetic products. According to the World Health Organization (WHO), in 2020, approximately 463 million people worldwide were suffering from diabetes and the number is expected to rise to 700 million by 2045. In addition, changing lifestyle habits and unhealthy eating habits are leading to an increase in the number of people suffering from diabetes. This, in turn, is boosting the demand for diabetic food products.

Rising health consciousness among consumers is driving the demand for healthy food products, such as those containing low sugar and fat. The growing number of health-conscious consumers has led to an increase in the demand for diabetic food products. Furthermore, manufacturers are launching diabetic food products with improved taste and quality, which is further increasing the demand for these products. For instance, in December 2021, Abbott launched a low-sugar, gluten-free, and dairy-free cookie-like snack, FreeStyle Libre Cookie Bites, to cater to the demand of diabetic consumers.

The growing demand for convenience foods is boosting the demand for diabetic food products. The rising trend of convenience eating, owing to the busy lifestyles of consumers, is driving the demand for ready-to-eat foods, such as diabetic food products. Furthermore, the increasing number of working women and the rise of the female workforce have led to a growing demand for convenience foods, such as diabetic food products. This, in turn, is driving the market growth.

Furthermore, increasing investments by manufacturers in research and development activities for the development of innovative diabetic food products with enhanced taste and nutritional benefits are expected to fuel the market growth. For instance, in March 2021, Nestlé launched a range of diabetic-friendly snacks, including Milo Diabetic, which is formulated to provide energy without raising the blood glucose level. Similarly, in October 2021, Kellogg’s launched a new range of cereals, called Glucerna, specifically formulated for people with diabetes. The cereals contain low glycemic index and are made with real grains for sustained energy.

The healthy snacks segment held the largest market share of around 35.5% in 2022. Increasing inclination towards healthy snacking among diabetic patients, rising awareness of healthy ingredients, and the growing demand for convenient and healthier snack options are some of the key factors driving the growth of the segment. According to an article published by Diabetes UK, in May 2020, almost 44% of people with diabetes are snacking more than before, with 58% of these people snacking on unhealthy food. Furthermore, the emergence of innovative diabetic-friendly snacks with gluten-free, low-carb, and high-protein content is driving the segment forward.

The dairy products segment is expected to grow at the highest CAGR of 7.4% during the forecast period. Growing popularity of low-fat dairy products, rising demand for low sugar yogurt, and increased awareness of the role of calcium in controlling blood sugar levels are some of the key factors driving the segment. According to an article published by the University of Minnesota, in December 2019, yogurt consumption is associated with lower body fat and body mass index among people with diabetes. In addition, innovations in dairy products such as flavored milk, low-fat cheese, and lactose-free milk are driving the segment forward.

The supermarkets and hypermarkets segment held the major share in 2022. Rising consumer preference for supermarkets and hypermarkets as a primary source to purchase diabetic products is driving the growth of the segment. According to a study by the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), more than one-third of the U.S. population has prediabetes and it is estimated that 90% of them are unaware of their condition. Supermarkets and hypermarkets provide a wide range of diabetic food products such as sugar-free food items, low-carb food items, and low-fat food items.

The online segment is anticipated to expand at the highest CAGR of 15.2% during the forecast period. Rising internet penetration and the growing trend of online shopping are the prime factors driving the growth of the segment. In addition, e-commerce websites provide a wide range of diabetic food products at discounted prices, which makes them a preferred shopping destination for customers. Moreover, these websites also provide detailed information about the products such as ingredients, nutrition facts, and prices.

The diabetic-friendly food segment is anticipated to be the largest segment in the diabetic food market. The rising prevalence of diabetes and rising health awareness among consumers are expected to drive the demand for diabetic-friendly food products. Furthermore, the growing number of diabetic people across the globe, high disposable income, and the availability of customized diabetic food products are likely to propel the growth of this segment.

The organic diabetic food segment is expected to expand at the highest CAGR of 10.2% over the forecast period. The increasing health awareness among consumers and the rising demand for organic products are driving the growth of this segment. Furthermore, the availability of organic diabetic food products is expected to create opportunities in the near future. For instance, in April 2022, Nature’s Path Foods, Inc. launched a new range of organic certified diabetic-friendly cookies. Moreover, the rising demand for organic products from health-conscious consumers is expected to drive the growth of the organic diabetic food segment.

Europe is expected to dominate the diabetic food market and is likely to account for the largest revenue share in 2022. This can be attributed to the growing prevalence of diabetes in the region. For instance, according to the International Diabetes Federation (IDF), Europe had the second-highest number of people with diabetes in 2020, with over 65 million people suffering from the disease in the region. This has resulted in a surge in the demand for diabetic food products in the region.

Asia Pacific is expected to witness the fastest growth in the coming years. This can be attributed to the increasing prevalence of diabetes in the region and the rising awareness regarding the disease and its associated health risks. Additionally, the presence of a large number of diabetic food product manufacturers in the region is further expected to fuel the growth of the market. For instance, in January 2021, Akshaya launched a range of diabetic-friendly food products in India.

In this part of the diabetic food products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your diabetic food products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a diabetic food products business comes from sales to retail outlets, wholesalers, and online customers. Here you will find a list with a description of each of them and other possible sources of profit such as fundraising, food & beverage, the sale of merchandise, and leasing the place for parties and corporate events.

Projecting Expenses
In this section, all the regular expenses related to keeping the diabetic food products business running will be described. The list of operating expenses includes product development and testing, market research, advertising and marketing, wages, raw materials, packaging, and others.

Some of the key companies operating in the diabetic food market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In July 2022, Nestle launched the Diabeto range of sugar-free products containing low-glycemic index ingredients.

– In August 2022, PepsiCo launched the Go Sugar-Free range of food products for diabetics.

– In October 2022, Kellogg’s launched a range of low-glycemic index snacks for diabetics.

Some of the prominent players in the diabetic food market include:

– Nestle S.A.
– PepsiCo, Inc.
– Kellogg Company
– Kraft Heinz Company
– Mars Inc.
– Unilever PLC
– Abbot Laboratories
– General Mills, Inc.
– Tate & Lyle PLC
– The Coca-Cola Company

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global diabetic food products market based on product type, distribution channel, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Health Drinks
– Low-Calorie Foods
– Protein Supplements
– Others

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Convenience Stores
– Others

3. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the Major Drivers of the Diabetic Food Products Market?
[A]: The major drivers of the diabetic food products market include the rising prevalence of diabetes, increasing awareness about the health implications of diabetes, growing demand for convenience foods, and the rising disposable income. Moreover, increasing investments in the food industry and increasing availability of diabetic-friendly food products are expected to drive the diabetic food products market in the coming years.

[Q]: What are the Key Market Players in the Global Diabetic Food Products Market?
[A]: Some of the key players in the global diabetic food products market are Nestle S.A., Kraft Heinz Company, Unilever PLC, Kellogg Company, Dr. Schar AG, Danone S.A., Abbott Laboratories, Mars Inc., B&G Foods Inc., and GlaxoSmithKline PLC.

[Q]: What are the Major Regions Expected to Witness Growth in the Diabetic Food Products Market?
[A]: The markets in North America and Europe are expected to witness significant growth due to the presence of a large number of diabetic patients and the availability of diabetes-friendly products in these regions. Moreover, the market in Asia Pacific is expected to witness strong growth in the coming years due to the rising health consciousness and increasing disposable income of the population.

[Q]: What Types of Diabetic Food Products are Available in the Market?
[A]: Different types of diabetic food products available in the market include snacks, breakfast cereals, sugar-free beverages, sugar-free jams and jellies, sugar-free ice creams, sugar-free cookies, sugar-free bakery products, sugar-free chocolates, sugar-free condiments, sugar-free syrups, and sugar-free sweeteners.