Diabetic Food Market -
View exclusive Global strategic Business report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1828
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 fitness. As a precautionary measure, consumers are increasingly replacing their regular diet with low-sugar and low-calorie diabetic food, significantly driving the market. The enhancement in the living standards of consumers, thanks to their rising disposable income, is also fueling the demand for low-calorie diabetic food across the world.
On the flip side, the market is likely to be flustered with a strong hike in prices of diabetic food products in the coming years. The lack of well-developed distribution channels is anticipated to hamper the availability of diabetic food products, resulting in increased product prices.
What are the key trends seen in the competitive landscape of the global diabetic food market?
The global market for diabetic food demonstrates a fragmented landscape due to the presence of a large pool of participants, which also signifies the intense competition within the market. Producers are aggressively focusing on building distribution networks with food product vendors in a bid to expand their reach.
Looking forward, partnerships with leading pharmaceutical companies is likely to emerge as a key trend among diabetic food producers in order to enhance their brand value.
How are the regional markets for diabetic food performing?
North America has emerged as the leading market for diabetic food across the world and is expected to remain dominant in the near future. The rising prevalence of diabetes, propelled by the increasing base of the geriatric and obese population, especially in the U.S., is the key driving force behind the swelling demand for diabetic food in this region.
Led by the strong demand in the U.K. and Germany, Europe has acquired the second position in the worldwide market for diabetic food. The growing consumer awareness about diabetes and related precautionary measures are expected to support the region to retain its position in the forthcoming years.
China, India, and Japan are driving the market for diabetic food in Asia Pacific. The unmet medical needs of consumers in these countries are providing untapped opportunities for key vendors of diabetic food. The increasing western influence thanks to globalization and the escalating disposable income of consumers is likely to keep the demand for diabetic food high in Asia Pacific over the next few years.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Diabetic Food Market - here
News-ID: 446082 • Views: 548
More Releases from Transparency Market Research- Food & Beverage
Licorice Extracts Market Anticipated to Expand at a CAGR of 4.0% during 2017 to …
Of late, the global licorice extracts market is witnessing a stable progress, thanks to the growing demand for pharmaceutical products, herbal medicines, and various other health products among people across the world. The increasing uptake of natural ingredients in medical supplements, together with the rising inclination of consumers towards sugar-free products, boosted by the upswing in the consumer consciousness towards health and fitness, is fueling the demand for licorice extracts,
Low Intensity Sweeteners Market: Demand to Rise with Nations Inclining toward He …
In the last few years the world has witnessed drastic change in lifestyle and eating pattern across most developed and developing nations. While this paradigm shift is steered by adverse effects of unhealthy living, it is here to stay as people look for an overall better standard of living. As cutting down sweet seems easier way of committing toward a healthy living, the prevailing environment is highly conducive to the
Juice Concentrate Market: Trend of Adopting Healthy Lifestyle for Upkeep of Good …
Global analysis of the juice concentrate market along with the various segments and sub-segments have been considered under the scope of this report providing data for the forecast period of 2017-2025. Different types of juice concentrates are prepared using the method of concentration through reduction in the water content. These are a more condensed and concentrated form of juices that can be both fruit and vegetable. These juice concentrates achieved
Fresh Cherries Market: Increasing Preference for Fresh Fruits Reflect Positively …
The global fresh cherries market is extremely competitive and this is fuelled by the continued entry of new players, states Transparency Market Research (TMR). Leading players operating in the fresh cherries market include: Rainier Fruit, Alacam Tarim, Vitin Fruits, Leelanau Fruit, Dell's Marachino Cherries, The Global Green Company, Smelterz Orchard, Bel'Export, and Hood River Cherry. Players within the market are improving the sales of fresh cherry Request to view Sample Report:
More Releases for TMR
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the