5 Trends that will Influence Global Diabetic Food Market in 2016

Published By : 13 Jan 2016 | Published By : QYRESEARCH

In 2015, the popularity of health food has registered an enormous growth among consumers across the world. On the flip side, several sections of global health food industry, specifically the diabetic food segment, have remained unnoticed even this year owing to limited distribution and consumer uncertainty. However, 2016 is likely to prove profitable for the global diabetic food market. Here is a snapshot of seven major trends that are expected to change the shape of this market in 2016.

  1. Improving Standard of Living: The global rise in disposable income of consumers has raised their living standard. Together with increasing awareness regarding preventive healthcare, this factor is greatly influencing the demand for diabetic food and is anticipated to propel this market significantly this year.
  2. Increasing Incidence of Diabetes: The number of diabetic patients has been rising continuously. According to the WHO, approximately 9% of global adult population base is suffering from diabetes at present. 2016 is expected to witness even more diabetic patient than previous years, propelling the global diabetic food market.
  3. North America to Maintain Dominance in global diabetic food market: The rising diabetic patient pool in North America is likely to maintain the high demand for diabetic food in this region, retaining its leadership.
  4. U.S. to Emerge as Key Diabetic Food Market in North America: Experts project the U.S. to emerge as the biggest North American diabetic food market in 2016. The continual rise in the U.S. geriatric population base and the increasing cases of health complexities related with diabetes are the key factors, driving this market substantially.
  5. Asia Pacific Market for Diabetic Food to Register Fastest Growth: Asia Pacific is slated to report the fastest growth in the global market for diabetic food in 2016. The increasing demand for diabetic food, triggered by the increasing geriatric as well as diabetic population in India, China, and Japan is likely to drive the market growth.

Some of the major international diabetic food producers are PepsiCo Inc., Nestle S.A., Cadbury plc, Mars Inc., Unilever Plc, David Chapman's Ice Cream Ltd., Fifty 50 Foods Inc., Kellogg Co., and The Coca-Cola Co

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