The Asia Pacific Diabetic Food Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030).
The rise in diabetes prevalence is driven by various factors, including urbanization, sedentary lifestyles, unhealthy diets, and aging populations. These factors contribute to an increase in obesity rates, which is a major risk factor for type 2 diabetes. Additionally, genetic predisposition, family history, and ethnicity can also influence the risk of developing diabetes.
Moreover, regulatory standards and labelling requirements will also play a pivotal role in shaping the future landscape of the diabetic food market, ensuring transparency and consumer trust in product offerings. The diabetic food market is positioned for continued growth, diversification, and alignment with evolving consumer needs and preferences in the years ahead.
As per the findings of the State Council of the People's Republic of China, the proportion of Chinese citizens aged 60 or older in the overall population stands at 18.7 percent. This represents an increase of 5.44 percentage points compared to the data from the previous census conducted in 2010. Among the 264.02 million Chinese citizens aged 60 or older residing on the mainland, 190.64 million are 65 or older, representing 13.5% of the total population. Therefore, the growing geriatric population and rising prevalence of diabetes in the region are propelling the growth of the market.
The China market dominated the Asia Pacific Diabetic Food Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,574.5 Million by 2030. The Japan market is exhibiting a CAGR of 6% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.4% during (2023 - 2030).
Free Valuable Insights: The Global 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Distribution Channel
By Product
By Country
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
