Global diabetic food market was valued at US$ 12.4 Billion in 2022 in terms of revenue, exhibiting a CAGR of 5.7% during the forecast period (2022 to 2030).
Market Trends
Consumption of baked products with sugar substitutes around the globe is a growing trend in market. This trend is expected to foster the market growth of diabetic food. Increasing expenditure on healthy food products by consumers due to the rising health wellness trend in market is expected to augment the market growth of diabetic food. Improving lifestyle coupled with the growing disposable income of the populations is expected to fuel the market growth of diabetic food. Furthermore, growth in the population coupled with the rising prevalence of juvenile diabetes among children is further anticipated to accelerate the market growth of diabetic food.
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