Driven by Rising Healthcare Awareness Among Consumers, Global Diabetic Food Market to Exhibit 5.90% Cagr 2014-2020

Transparency Market

Research

Diabetic Food Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020

Published Date

28-04-2015

74 Page Report

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Driven by Rising Healthcare Awareness Among Consumers,

Global Diabetic Food Market to Exhibit 5.90% CAGR 2014-2020

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Diabetic Food Market

REPORT DESCRIPTION

The global diabetic food market for the focus of analysis of a latest market research report published by

Transparency Market Research. The report, titled “Diabetic Food Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020,” gives a thorough overview of the present and past state

of the market and gives a forward looking perspective about the market’s growth prospects from 2014

through 2024.The report states that the market will record a healthy 5.90% CAGR over the said period and

rise from a valuation of US$7.4 bn in 2013 to US$11.1 bn by 2020.

In the recent times, the prevalence of diabetes has increased at a substantial pace on a global front, from

4.7% in 1980 to 8.5% in 2014 among adults over the age of 18 years, according to the World Health

Organization. The number of people suffering from diabetes has increased from 108 million to 422 million

over the same period on a global front. The rate at which diabetes is spreading has outlined the pressing

need for taking active measures aimed at preventing or delaying the onset of type 2 diabetes and avoiding

the consequences of other types.

Attempts are being made by government and private healthcare bodies to raise awareness about the

prevention and proper management of the disease. The resultant rise in consumer awareness about proper

management of diabetes has led to a substantial rise in...