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The Global Diabetic Food Market is expected to grow by $ 18.66 bn during 2022-2028, accelerating at a CAGR of 5.82% during the forecast period

Posted on03/03/202307/12/2022Author

LONDON, dec. 6, 2022 /PRNewswire/ — The Global Diabetic Food Market stood at USD 12.56 billion in 2021. It is further expected to amass a valuation of USD 18.66 billion by 2028, growing with a CAGR of 5.82% over 2022-2028.

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Diabetes is an impairment that is caused by the excessive build-up of sugar in the bloodstream which happens when the pancreas fails to produce enough insulin in the human body. The affected patients need to consume food products that are low in sugar, fats and carbohydrates. They should further avoid starchy food items like rice, pasta and bread. Diabetic food further consists of diet beverages and snacks, low-calorie sweeteners, and sugar-free desserts, among others. These products are not only consumed by diabetic patients but also by the health conscious individuals taking preventive measures against this incurable disease.

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Global Diabetic Food Market Outlook (2022-2028)

The growing occurrence of diabetes across the globe, the rising adoption of unhealthy dietary trends, along with increasing health awareness of the masses are primarily augmenting the outlook of this business vertical.

A rapid increase in the geriatric population base, growing healthcare expenditure, widespread population expansion, and a surge in the disposable income of individuals are creating lucrative opportunities for this marketplace to prosper.

The surging diabetes prevention initiatives taken by various governments along with the increasing focus of potential players to develop effective anti-diabetic consumables are adding momentum to the progression of this industry sphere.

The increasing popularity of sugar-free snack items, growing R&D investments in the field, rising prevalence of other chronic disorders, along with surging cases of adolescent diabetes are creating an upsurge for market growth.

On the flipsides, anti-diabetic food products are costly in nature and hence cannot be afforded by all sections of society. This factor hinders the remuneration scope of the global diabetic food market across the globe.

Competitive Hierarchy

The prominent players influencing the competitive terrain of this global diabetic food market are Nestlé, Fifty 50 Foods, Inc., Mars Inc., Unilever, Conagra Brands, Inc., The Kellogg Company, Tyson Foods, Hain Celestial Group, Sushma Gram Udyog, and The Hershey Company.

These companies are extending their global reach by making various organic and inorganic business growth strategies. They are focused on enhancing their remuneration scope by engaging in product launches, mergers & acquisitions, R&D investments, and collaborations, among others.

Segmental Outlook

By Application

Beverages
Bakery Products
Snacks
Dairy Products
Others

By Distribution Channel

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Region-wise Insights

Which region is anticipated to lead the global diabetic food market?

North America is poised to dominate the market owing to the growing prevalence of diabetes, the increase in the geriatric population, and the presence of key players.

Also, increasing health awareness of the masses, rising healthcare expenditure, and strong income levels are further aiding industry expansion in the region.

What is the position acquired by Asia Pacific in this business vertical?

Asia Pacific is currently regarded as the fastest-growing region in the market. This is attributable to the changing lifestyle patterns of the masses, rapidly evolving healthcare infrastructure, and rising R&D activities in diabetes research.

In addition, growing awareness about diabetes prevention along with increasing cases of adolescent diabetes are adding traction to the industrial development in APAC.

Category-wise Outlook

Which is the leading application segment in the global diabetic food market?

The snack segment has been dominating the market due to the growing popularity of diet snacks powered by the rising prevalence of diabetes across the globe.

Define the distribution channel outlook of this industry?

The online sales segment is projected to account for a high revenue share ascribing to the rapid internet proliferation and convenient delivery options provided by online shopping portals.

Market growth comparison keeping to the historical years and forecast timeline of 2022-2028

The vertical industry has been generating significant returns due to the presence of various growth-inducing factors.

The lifestyle habits of the masses have changed drastically. With rapid industrialization and urbanization, people have been drawn toward a more sedentary lifestyle and are adopting unhealthy dietary trends. There has been a steep rise in alcohol consumption across the globe. These factors are majorly contributing to the increasing number of diabetic patients worldwide which in turn is elevating the demand for specialized food products known to control sugar levels in the affected individuals.

The onset of the COVID-19 pandemic has opened growth avenues for the industry. It is medically evident that people with chronic ailments like diabetes are at risk of severe coronavirus infection. This pushed people to take extra care of their sugar levels. Individuals with and without diabetes started consuming food items that are low on calories and carbohydrates. The popularity of diet snacks and beverages is also heard across the globe.

The growing

Tarrant Area Food Bank schedules mobile events for holidays

Posted on20/02/202307/12/2022Author

Tarrant Area Food Bank employees check donations in May 2021. The Food Bank has scheduled mobile markets during the holidays.

Amanda McCoy

[email protected]

The Tarrant Area Food Bank is ratcheting up the number of events because of increasing demands for food as Christmas approaches.

The Food Bank, which serves 13 counties, announced Thursday that mobile events are planned throughout Fort Worth, Arlington, Mansfield and Weatherford to help those in need during the holidays.

Julie Butner, president and CEO of the Food Bank, said that during Thanksgiving, several foundations donated funds for turkeys, but she is concerned that things will be a little tighter during Christmas as no foundations have come forward.

Also, schools will be closed for a longer time, so children will not be getting the free lunches and breakfasts, he said.

“The need continues, as it’s always a busy time for us during the holidays,” she said.

The Star-Telegram previously reported that the agency is facing the “perfect storm” because of a combination of inflation, supply chain issues affecting the availability of food and increasing utilities and food costs.

The Food Bank is spending $1.5 million per month to purchase food, but people are receiving less this year. Previously, people were getting around 88 pounds of food at the Mega Mobile Markets, and now, they are receiving around 60 pounds.

Donations to the food bank are also down this holiday season, and federal and state subsidies that were received during the pandemic are no longer available.

Here is the schedule:

Sunday, Dec. 4, 2-4 p.m.: Off the Dock event at the Food Bank Distribution Center, 2600 Cullen St., Fort Worth.

Tuesday, Dec. 13, 9-11 am: Six Flags Over Texas Holiday Distribution event, 2201 East Road to Six Flags St., Arlington.

Wednesday, Dec. 14, 6:30 pm: Mansfield ISD Performing Arts Center, 1110 West Debbie Lane, Mansfield. Event runs until all food is distributed.

Monday, Dec. 19, 10 am-noon: Herman Clark Memorial Stadium, 5201 CA Roberson Blvd., Fort Worth.

Thursday, Dec. 22, 5:30-7:30 pm: Food Bank West Holiday Mobile Event at Weatherford High School, 2121 Bethel Road, Weatherford.

Mega Mobile Markets are designed to serve all residents in the Tarrant Area Food Bank’s service area who need food assistance. No identification or documentation is required.

With my guide dog Barbara, I keep tabs on growth, economic development and other issues in Northeast Tarrant cities and other communities near Fort Worth. I’ve been a reporter at the Star-Telegram for 34 years.

Filipino American Standout Boonie Foods Will Leave Revival Food Hall

Posted on04/02/202307/12/2022Author

When Boonie Foods debuted in 2020, Joe Fontalera pumped some excitement into the Revival Food Hall with his Filipino American dishes, bringing global tastes to a food hall stocked with staples like burgers, Nashville hot chicken, and salads.

Revival needed to adapt during the pandemic in downtown Chicago without crowds of office workers eating lunch in the Loop. Along with vendors like Minahasa, which serves Indonesian food; and Art of Dosa, which specializes in Southern Indian cuisine; Boonie gave Revival robust dinner options for takeout and delivery. Night-time service represented a change in strategy for a food hall built for the afternoon crowd.

But despite success, Boonie’s two-year-run will end on Thursday, December 22, Fontalera announced last week. He tells Eater Chicago he’s bringing his silogs, spring rolls — and perhaps new favorites like dinugaun — to Lincoln Square where he’ll take over the Crab Pad, 4337 N. Western Avenue. Crab Pad’s original Logan Square location will remain open, but the second location will close on Saturday, December 17.

Fontelera will make some changes in Lincoln Square. He promises something big, including a name change. He’s not ready to share what he’s planning, but he’s excited.

Before Revival, Boonie popped up at the Logan Square location of Crab Pad, which is owned by Theresa Tran. It’s a family operation; Tran is married to Fontalera’s cousin. Tran says construction along Western Avenue hurt the restaurant, which opened on January 4, 2022. Winter sales have been especially brutal, Trans says.

Over Thanksgiving, Fontalera, already planning to leave Revival, proposed that he could take over the Lincoln Square location. Trance thought about it for a week before making a decision.

“I just had a lot of success with Joe, his brand, his drive and passion with food,” she says. “It’s a better fit for him and me.”

“I feel he can succeed over there,” Tran adds.

Crab Pad’s original location opened in 2016 along Milwaukee Avenue. It’s not a typical Cajun and Asian seafood boil restaurant, Tran says. There’s a focus on hospitality in a family-friendly atmosphere. Tran is especially fond of their build-your-own popsicles, “they’re essentially gelato” covered with toppings like Fruity Pebbles and chocolate and vanilla drizzle.

“Leaving the Crab Pad Lincoln Square was such a tough decision because I really wanted to make it work,” Tran added. “However, knowing someone like Joe who is talented, passionate, and genuine is coming into this space makes it easier to say goodbye. I wouldn’t want to give this space up if it wasn’t for someone like him because I know he will make great use of the space and do great as he always does.”

Tran has been a big supporter in pushing his cousin to hold pop-ups and to embrace his love for his culture. US soldiers coined the term “boonie,” a bastardization of an Ilocano word for “mountain.” Fontalera’s grandmother’s last name is also “Bondoc.”

Fontalera appreciates the support Tran has provided and wants Crab Pad’s last few days on Western Avenue to be packed. He’s the former executive chef at Arami — one of the city’s premier sushi restaurants — the time had come for yet another chapter in his career. Food halls are often a place where chefs can practice running their own restaurants without having to worry about paying electricity or other overhead expenses. Fontalera, like Tim Flores — the chef at Michelin-starred Kasama — is Filipino American. Both cooked from different cultures — Flores also prepared sushi for a spell at Mako in the West Loop — before seeing how mainstream American tastes were willing to embrace Fil-Am cuisine. It hasn’t always been about building confidence — customers have to show open-mindedness.

Beyond dinner service, Revival’s pandemic shift was to bring in fresher names. When the food hall opened in 2016, the vendor lineup included established names like Mindy Segal (HotChocolate), Smoque, and Furious Spoon. Finding investors proves a larger challenge for newer operations like Boonie. In that spirit, Fontelera is crowdsourcing to assist with moving expenses. His campaign is shooting for $15,000.

Lincoln Square is no strange to strong Filipino American options. For 17 years, the standout Isla Philippines called the neighborhood home. The restaurant’s new incarnation closed this year at the Urbanspace Food Hall in the Loop.

Meanwhile, Fontelera’s next endeavor should be one of the more exciting new restaurants of 2023. Stay tuned for updates.

Boonie Foods project, name TBA, 4337 N. Western Avenue, scheduled to open in 2023