In
a recent market study published by Transparency Market Research, the
global
diabetic food market is expected to expand at a CAGR of 5.90%
from 2014 to 2020. If the growth rate holds true, the market will
reach a valuation of US$11.1 bn by 2020 increasing from US$7.4 bn in
2013. The title of this report is “Diabetic Food Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 -
2020.”
The
report provides a comprehensive analysis of reasons that are
governing the growth of the diabetic food market. Based on the
historical and current market size, projections are made for the
forecast period. This report assesses vital market indicators such as
drivers and trends to gauge the consumption of diabetic food during
the forecast period.
Although
diabetes is on a consistent rise, most cases are preventable with the
adoption of a healthy lifestyle. Not only this, in some cases,
diabetes can be reversed with proper disease management. This
includes consuming the right foods and adequate physical exercises
for burning excess calories. In modern times, changing lifestyles and
demanding jobs are reasons for a high number of lifestyle diseases
such as diabetes and obesity, especially among the youth. This is
driving sales of diabetic food. This, along with increasing awareness
among consumers for proper disease management, is driving the sales
of functional foods such as nutraceuticals and diabetic foods.
Diabetics
are susceptible to conditions related to the heart, nerve disorders,
and eye diseases that need proper management in terms of food and
physical exercise. To cater to these individuals, health food
manufacturers are introducing food products that use sugar
substitutes and are low in calories to help with diabetes management.
Manufacturers are also widening distribution channels to reach out to
consumers in remote regions of the world. These factors are
collectively enabling the growth of the global diabetic food market.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1828
In
terms of geography, North America led the diabetic food market in
2013 and will retain its position till the end of the forecast
period. An increasing incidence of obesity among kids due to the
excessive consumption of fast food is driving the sales of diabetic
foods. Also, with increasing health awareness, individuals are
seeking low-calorie foods for good health in the long run. The U.S.
will exhibit an exponential growth in the diabetic food market in the
coming years. In Europe, Germany and the U.K. are leading markets for
diabetic food due to a large pool of geriatrics who are consciously
consuming healthy foods.
In
Asia Pacific, China and India are leading markets for diabetic foods.
Remarkable economic development and rising Westernization are reasons
for the increasing purchase of convenience foods that have health
benefits as well. In the Rest of the World, increasing awareness
about the adoption of a healthy lifestyle is favoring the growth of
the diabetic food market.
Some
companies that are actively involved in the global diabetic food
market are Unilever Plc, Mars Inc., David Chapman’s Ice Cream
Limited, Kellogg Company, The Coca-Cola Company, PepsiCo Inc.,
Cadbury plc., Nestle S.A., and Fifty 50 Foods Inc.
The
global diabetic food market is segmented as follows:
Global
Diabetic Food Market, by Geography
North
America
- U.S.
- Rest of North America
Europe
- U.K
- Germany
- France
- Scandinavia
- Rest of Europe
Asia
Pacific
- China
- India
- Australia
- Japan
- Rest of Asia Pacific
Rest
of the World
- Latin America
- Africa
- Middle East
No comments:
Post a Comment