Nov 30,2021 | Food
Diabetes has become a growing public health concern globally, with an unhealthy lifestyle and dietary habits contributing as a major factor. Researchers have potentially considered it as an extreme epidemic in the history of human civilization. Alike some of the developing countries of the world, the Saudi Arabian government have also taken steps to control the disease. Several health programs are being conducted with an aim to enhance the quality of life through participation in individual health counselling, adoption of healthy eating habits, entertainment and cultural activities.
The Saudi Arabia diabetic food market is expected to grow at a steady rate during the forecast period. Factors such as increasing health concerns pertaining to diabetes among young population, etc., are expected to drive the market for diabetic food over the next few years. Additionally, ample availability of sugar substitutes and growing popularity of diabetic food among geriatric population is further anticipated to propel the market until 2026.
The Saudi Arabia diabetic food market is segmented based on product type, distribution channel, end users, company and region. Based on product type, the market can be fragmented into baked products for diabetics, beverages for diabetics, confectionery for diabetics, ice cream for diabetics, dairy products for diabetics and breakfast cereals for diabetics. The beverages for diabetics segment is expected to dominate the market during the next 5 years. This can be ascribed to the increasing demand for nutritive, low-calorie, and sugar-free beverages amongst the masses.
Major players operating in the Saudi Arabia diabetic food market include Nestle Saudi Arabia L.L.C., Unilever PLC, Kellogg Company, MARS Saudi Arabia, Al Safi Danone Co. Ltd., Aujan Coca-Cola Beverages Company, PepsiCo, Inc, Mondelez Arabia for Trading LLC and others. The companies are launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Based on the latest market research report offered on Bharatbook, the study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. The report also helps to analyse and forecast the market size of Saudi Arabia diabetic food market, as well as identify drivers and challenges and examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia diabetic food market.
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