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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Press Release
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...