The North America Diabetic Food Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
Beyond the requirement of glycaemic control, the market is characterized by a holistic approach to health. It encompasses considerations such as cardiovascular health, weight management, and the broader concept of preventive nutrition. As a result, the market is becoming a focal point for collaborations between food manufacturers, healthcare professionals, and research institutions, creating a synergistic ecosystem that fosters ongoing innovation.
The landscape of the market is not confined to product offerings alone; it extends to educational initiatives, awareness campaigns, and the empowerment of consumers with information to make informed choices. Governments, healthcare organizations, and industry stakeholders are actively contributing to initiatives that promote health education and encourage the adoption of diabetic-friendly diets as a proactive approach to diabetes management.
Mexico is positioned as one of the top countries in terms of e-commerce retail growth rate. There were 63 million Mexican e-commerce users in 2022, an increase of 5.5 million over 2021. Experts predict that Mexico's e-commerce sector value will reach USD 70.4 billion by 2027. Thus, the expanding availability of this through the growing e-commerce channels along with the increasing prevalence of diabetes in the region are augmenting the development of the market.
The US market dominated the North America Diabetic Food Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,906.8 Million by 2030. The Canada market is registering a CAGR of 7.8% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 6.8% during (2023 - 2030).
Free Valuable Insights: The Diabetic Food Market is Predict to reach $19.8 Billion by 2030, at a CAGR of 6.1%
Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, Online, and Others. Based on Product, the market is segmented into Dairy Products, Bakery Products, Snacks, Confectionery, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Distribution Channel
By Product
By Country
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