Demand for Diabetic Food to Be Fueled by Growing Concerns over Alarming Increase in Prevalence of Diabetes

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

In recent times, diabetes has emerged as one of the most challenging health conditions across the world.

According to the WHO, a total of 415 million cases of diabetes were reported globally in 2015. The count is

rising at an alarming rate and is expected to reach 642 million in the next 25 years. Till now no medication

has been found that can completely cure diabetes. It can only be controlled to an extent with specified

diet, which includes sugar-free and low-calorie food.

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The high prevalence of diabetes has increased concerns among people across the world, leading to a

massive shift in consumer preference towards diabetic food. According to a study by Transparency Market

Research (TMR), the global market for diabetic food, which stood at US$7.4 bn in 2013, is likely to witness

a robust rise at a CAGR of 5.90% from 2014 to 2020 and reach US$11.1 bn by the end of 2020.

In this blog post, analysts at TMR answer important questions about the worldwide market for diabetic

food:

What are the defining trends in the global market for diabetic food?

There are quite a few trends that have been instrumental in shaping the global market for diabetic food.

Primary among them is the change in food preferences, owing to the increased awareness regarding health

and...