#DiabeticFoodsMarket

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Growing prevalence of diabetes around the globe is escalating the demand for diabetic food products

Diabetic food products are a healthy food that is classified into dietary food products. These food are low in sugar and carbohydrate contents that help to control the increase in sugar level in the blood. They are intended to consume by diabetes patients as these foods are low sugar and carbohydrate content. Diabetic food products are widely used in dietary beverages, confectionery, snacks, ice creams & jellies, baked products, and dairy products.

The growing prevalence of diabetes around the globe is predominantly fueling the market growth of diabetic food products. According to The International Diabetes Federation, in 2019, approximately 463 million adults (20-79 years) were living with diabetes; by 2045 this will rise to 700 million worldwide. Moreover, 1 in 5 of the people who are above 65 years old have diabetes. Also, growth in the aging population around the globe as they are highly susceptible to diabetes is further projected to accelerate the market growth of diabetic food products. According to the World Health Organization, between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. By 2050, 80% of older people will be living in low- and middle-income countries.

On the flip side, the high cost of diabetic food due to the use of low-calorie sweeteners and other healthy ingredients increases the overall cost of the food product. This factor restricts the adoption of diabetic food, thereby hindering the market growth of diabetic food.

Read More @ https://coherentmarketinsights-blog.blogspot.com/2020/11/growing-prevalence-of-diabetes-around.html