Global Diabetic Food Market to Be Propelled by Rising Awareness About Diabetes Among Consumers

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 has witnessed an exceptional rise in the demand for diabetic food in

recent times. The increasing awareness among consumers across the world regarding diabetes has

significantly propelled the market for diabetic food in the global arena. According to a market study,

published by Transparency Market Research (TMR), the worldwide diabetic food market stood at US$7.4 bn

in 2013. The market is expected to expand at a CAGR of 5.90% during the period from 2014 to 2020 and

reach a market value of US$11 bn by the end of 2020.

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The rapid rise in the global geriatric population as well as the diabetic patient base has fueled the demand

for diabetic food extensively. However, the high cost of diabetic food has limited its penetration, which is a

major restraint in the growth trajectory of the global diabetic food market.

North America to Maintain its Dominance in Global Diabetic Food Market

The global diabetic food market is distributed among the regional markets in North America, Asia Pacific,

Europe, and the Rest of the World. In 2013, the North America diabetic food market emerged as the leader

among all the regional markets. Analysts expect North America to retain its leadership in the near future.

The rising concerns relating to...