5 Chief Factors Boosting the Global Diabetic Food Market, Increasing Demand for Junk Food to Propel Market Growth

Published By : 12 Feb 2016 | Published By : QYRESEARCH

The global market for diabetic food is predicted to rise exponentially in the coming years due to the increasing diabetic population coupled with the increasing health consciousness amongst consumers. The high usage of artificial sweeteners such as acesulfame potassium, neo-tame, and aspartame as sugar substitutes is predicted to have a positive influence on the market. 

  • Hectic Lifestyles and Increasing Demand for Junk Food to Boost Demand for Diabetic Food: The increasing awareness about diabetes along with the preventive measures that consumers have taken is predicted to fuel the growth of the market. In addition, hectic lifestyles and the increasing demand for junk food is resulting in diabetes which is predicted to raise the demand for diabetic food in the coming seven years. 
  • Easily Available Diabetic Food to Impact Market Positively: The increasing preference of consumers towards low-calorie foods is also predicted to stimulate the market for diabetic food. Another key factor is the easy availability of a number of types of diabetic foods within specialty health food stores, convenience stores, supermarkets, and hypermarkets.
  • Growing Investments in Numerous Markets by Diabetic Food Manufacturers: A number of diabetic food manufacturers have started to invest in a number of market segments by launching numerous products such as snacks and dietary beverages, low-fat dairy products, low-calorie jellies, low-calorie sugar, diabetic baked confectionary and products, and ice creams, which is predicted to stimulate the demand for diabetic food in forthcoming years.
  • Increasing Occurrence Rate of Juvenile Diabetes: The rising disposable incomes of consumers in a number of nations are also anticipated to raise the expenditures of consumers, hence propelling the market. In addition, the rising number of patients having juvenile diabetes owing to lack of physical exercise is also predicted to augment the demand for diabetic food.
  • Largest Contribution by Region of North America to Fuel Overall Market: North America is predicted to be the largest contributor in the market in the coming seven years. This is due to the increasing health issues due to the soaring levels of blood glucose and globally rising aging population especially in the U.S. 

Nestle S.A., PepsiCo Inc., Unilever Plc, Cadbury Plc, Kellogg Company., The Coca-Cola Company, Mars Inc., and Fifty 50 Foods, Inc., among others, are the chief players dominant in the market.

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