Saudi Arabia Diabetic Food Markets, Competition, Forecast & Opportunities, 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 26, 2022--
The "Saudi Arabia Diabetic Food Market, By Product Type, By Distribution Channel, By End Users, By Region, Competition, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
Saudi Arabia diabetic food market is projected to register significant growth during 2022-2027
The growth can be attributed to the rising prevalence of diabetes across the young and geriatric population due to a sedentary lifestyle, less physical activities, consuming junk foods, smoking, drinking, etc. Besides, increasing awareness among the people regarding health and well-being coupled with preventive measures taken by the consumers are expected to increase the demand for diabetic foods and boost its market growth.
The growing availability of sugar substitutes such as acesulfame, potassium, aspartame, and neo-tame are positively impacting the market growth of diabetic food in Saudi Arabia over the next five years. Increasing cases of diabetes and obesity among children and adolescents owing to lack of physical activity are contributing to the significant demand for diabetic food and thereby propelling its market growth.
Growing research and development initiatives to produce diabetic food is resulting in a diverse product portfolio to cater to the requirements of a wide consumer base, which is anticipated to fuel the growth of Saudi Arabia diabetic food market.
Rapid digitization and growing reliance on online commerce have led to the entry of new e-commerce players that offer a wide variety of diabetic food products, which is expected to support the growth of Saudi Arabia diabetic food market.
Moreover, rising personal disposable income is encouraging consumers to choose healthier food alternatives, which is driving the growth of Saudi Arabia diabetic food market. Initiatives by the government to increase awareness towards diabetes and its management are further propelling the demand for diabetic food in Saudi Arabia.
The beverages segment is anticipated to boost the growth of Saudi Arabia diabetic food market due to rising demand for low-calorie and sugar-free beverages.
Objective of the Study:
- To analyze and forecast the market size of Saudi Arabia diabetic food market.
- To classify and forecast Saudi Arabia diabetic food market based on product type, distribution channel, end user, company and regional distribution.
- To identify drivers and challenges for Saudi Arabia diabetic food market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia diabetic food market.
- To identify and analyze the profile of leading players operating in Saudi Arabia diabetic food market.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia diabetic food market.
- 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
Report Scope:
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Saudi Arabia Diabetic Food Market, By Product Type:
- Baked Products For Diabetic
- Beverages For Diabetic
- Confectionery For Diabetic
- Ice Cream For Diabetic
- Dairy Products For Diabetic
- Breakfast Cereals For Diabetic
Saudi Arabia Diabetic Food Market, By Distribution Channel:
- Grocery Stores
- Supermarkets/Hypermarkets
- Online
- Drug Stores/Pharmacies
- Others
Saudi Arabia Diabetic Food Market, By End Users:
- Adults
- Children
Saudi Arabia Diabetic Food Market, By Region:
- Western Region
- Central Region
- Eastern Region
- Rest of Saudi Arabia
For more information about this report visit https://www.researchandmarkets.com/r/kggckz
View source version on businesswire.com:https://www.businesswire.com/news/home/20221026005632/en/
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KEYWORD: MIDDLE EAST SAUDI ARABIA
INDUSTRY KEYWORD: RETAIL DIABETES HEALTH FOOD/BEVERAGE
SOURCE: Research and Markets
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