Diabetic food products are food products, low in elements like sugar and carbohydrate contents. They are helpful in controlling the sugar levels from rising in the blood. Diabetic food also includes low- calorie sweeteners, diet beverages with low calorie sweeteners like lactitol, aspartame and sorbitol.
As of 2021, in terms of revenue the global Diabetic Food Market was valued at US$ 11.8 Billion and is expected to exhibit a CAGR of 5.9% during the years (2022-2030)
Prominent Players in the Diabetic Food Industry:
1) Nestle S.A.
Nestle S.A. is a Swiss multinational food and drink processing company. The headquarters are located in Vevey, Vaud, Switzerland. The company was founded in the year 1866. Products manufactured include baby food, cereals, dairy products, ice cream, frozen food, pet food. Etc. The company was founded by Henri Nestle.
In January 2022 Nestlé’s Health Science had acquired the Brazilian organic natural, plant- based food maker Pura Vida. In April 2021 the company acquired Bountiful Company a vitamin manufacturing company.
2) Unilever Plc.
Unilever Plc. Is a British multinational consumer good company known for its large brands like Lifebuoy, Lux, and Magnum, Sunsilk and Dove the Company was founded in the year 1929 and the headquarters are located in London, England, U.K. The company was founded by a merger of operations of Margarine Unie and Lever Brothers.
In May 2022 Unilever acquired majority stake in Nutrafol, which is a leading provider of hair care products. In April 2021, the company established a beauty business, Elida Beauty.
3) PepsiCo, Inc.
PepsiCo Inc. is a multinational food and beverage company that has expanded its business to a varied range of food and beverage brands. Most popular brands are- Pepsi, Mountain Dew, Doritos tortilla chips, Gatorade. The company was founded on August 28, 1898. The headquarters are located in Harrison, New York, U.S. The company was founded by Caleb Bradham.
In 2021, PepsiCo announced its plans to achieve net zero greenhouse gas emissions by 2040, in order to fight global warming. In 2022 the company acquired a U.S. $550 million stake in Celsius, an energy drink maker company.
4) The Coco- Cola Company
The coco-cola company is a multinational beverage corporation based in America. It is extremely well known for its product coco-cola and other alcoholic beverages, non-alcoholic beverages, syrups etc. The company was founded in the year 1892, and the headquarters are located in Atlanta, Georgia, U.S. the company was founded by John Stith Pemberton and Asa Griggs Candler.
In 2022, Coco-Cola India and its bottling partners decided to invest U.S.$ 1 Billion to expand the production capacity by 40%.
5) Cadbury Plc.
Cadbury Plc., is a British multinational confectionery company. It is currently the world’s second largest confectionery brand. The company is known for its products like Dairy Milk Chocolate, Roses selection box, Bourneville, Éclairs. The company was founded in the year 1824 and the headquarters are located in Birmingham, England. The company was founded by John Cadbury.
6) Mars Inc.
Mars Inc. is a multinational manufacturer of confectionery and pet food, including other food products like Candy, Gum, Mints and beverages. The company ranked as the fourth largest privately held company in the U.S. by Forbes. The company was founded in the year 1911 and the headquarters are located in Elm Street McLean, Virginia. The company was founded by Franklin Clarence Mars.
In 2020 Mars had acquired full ownership of Kind North America for US$ 5 Billion. In December 2022, Mars acquired the Tru Fru a whole-fruit snacking brand headquartered in the West Valley City.
