Diabetic Food Market Size Worth $11.76 Billion By 2025
Rising
health concerns and an uptrend in the occurrence of diabetes among youngsters,
and health issues such as obesity, diabetes, and digestive disorders have
prompted consumers to opt for such diabetic food solutions. Wide applications
of diabetic food in healthcare sector including, insulin and medical food, are
expected to positively the growth of the market over the forecast period of
2014 to 2025.
The
diabetic food industry is governed by various regulations that cover the entire
lifecycle ranging from production to end use. Diabetic products used in the
healthcare industry need to strictly abide by the stringent U.S. FDA
regulations. Health disorders are a result of unhealthy lifestyles such as long
working hours, sedentary lifestyle, smoking, poor food habits and alcohol
consumption and are anticipated to influence the industry growth over the
forecast period.
Further
key findings from the report suggest:
- The global diabetic food
demand was USD 7 billion in 2015 and is estimated to grow at a CAGR of
5.4% from 2016 to 2025
- Demand in dairy
application is estimated to exceed USD 3 billion by 2025, owing to its
probiotic properties
- Baked products application
segment is estimated to grow at a CAGR of 5.5% over the forecast period
owing to the large demand of sugar-free baked products by health conscious
consumers
- Product demand in Asia
Pacific is expected to grow at a significant rate of 6.0% over the next
nine years owing to the emerging economies and the growing investment in
the medical foods sector
- Diabetic food market
in North America is anticipated to exceed USD 4 billion by 2025, owing to
the growing medical sector and imbalance in work life and unhealthy
lifestyle
- Companies such as
Coca-Cola Company and PepsiCo Inc. offer raw materials including, dietary
syrups, carbon dioxide, sweeteners, and juices, to various industries
including, frozen foods, nutritional and functional foods, beverages,
medical and processed foods.
- Business expansions by
companies, such as Mondelēz International to establish global research,
development & quality (RDQ) network of the future, is anticipated to
strengthen the market presence over the coming years
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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