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High Costs of Diabetic Food to Hamper Growth of Global Diabetic Food Market

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Published on : Feb 22, 2016

Diabetes has become one of the most common lifestyle disorder among young population across the globe. The growing awareness regarding diabetes has resulted in encouraging consumers to opt for taking a preventive measure, intake of medicines, and diabetic food. The diabetic population have been increasing significantly owing to the tremendous intake of junk food, stress, and hectic lifestyle. Moreover, growing youth population and rising incidences of juvenile diabetics have encouraged the food industry to introduce diabetic friendly food. 

The manufacturers, around the world, are introducing food products with sugar substitutes and low-calorie food, so as to encourage healthy eating. Some of the major manufacturers that make use of artificial sweeteners such as:

  • Neo-tame
  • Acesulfame
  • Aspartame

The food manufacturers provide a huge range of diabetic food products that can be classified into low-fat dairy products, dietary beverages, jellies, and low-calorie ice cream. Moreover, food manufacturers are increasing their product portfolio to include a segment of diabetic confectionery and other baked products among others. Some of the major players operating in the global diabetic food market are David Chapman's Ice Cream Limited, Mars, Inc., Kellogg Company, Nestle S.A., PepsiCo Inc., Fifty 50 Foods, Inc., Cadbury plc., The Coca-Cola Company, and Unilever Plc.

Currently, the changing lifestyle, hectic, and demanding jobs are resulting in growing incidences of disorders such as cardiovascular and diabetics among the youth population. The growing consumers awareness regarding proper disease management has resulted in sales of functional food such as diabetic foods and nutraceuticals foods around the around. The increasing applications of diabetic food is one of the major opportunity for the key food manufacturers of the global diabetic food market. On the other hand, the high cost of diabetic food products is one of the major factors that is expected to hamper the growth of the overall market in the coming years.

In recent years, the North America led the overall diabetic food market and is projected to remain in its leading position in the next few years. The high growth of this region can be attributed to the growing awareness regarding leading a healthy lifestyle and low-calorie food.