A constant-rate creation of dark particles in the late-time FLRW spacetime provides a cosmological model in accordance with precise observational tests. The matter creation backreaction implies in this context a vacuum energy density scaling linearly with the Hubble parameter, which is consistent with the vacuum expectation value of the QCD condensate in a low-energy expanding spacetime. Both the cosmological constant and coincidence problems are alleviated in this scenario. We discuss the cosmological model that arises in this context and present a joint analysis of observations of the first acoustic peak in the cosmic microwave background (CMB) anisotropy spectrum, the Hubble diagram for supernovas of type Ia (SNIa), the distance scale of baryonic acoustic oscillations (BAO) and the distribution of large scale structures (LSS). We show that a good concordance is obtained, albeit with a higher value of the present matter abundance than in the standard model.The gravitation of vacuum fluctuations is in general a difficult problem, since their energy density usually depends on the renormalization procedure and on an adequate definition of the vacuum state in the curved background. In the case of conformal fields in de Sitter spacetime, the renormalized vacuum density is Λ ≈ H 4 [1,2,3,4], which in a low-energy universe leads to a too tiny cosmological term.In the case we consider the vacuum energy of interacting fields, it has been suggested that in a low energy, approximately de Sitter background the vacuum condensate originated from the QCD phase transition leads to Λ ≈ m 3 H, where m ≈ 150 MeV is the energy scale of the transition [5,6,7,8,9,10,11]. These results are in fact intuitive. In a de Sitter background the energy per observable degree of freedom is given by the temperature of the horizon, E ≈ H. For a massless free field this energy is distributed in a volume 1/H 3 , leading to a density Λ ≈ H 4 , as above. For a strongly interacting field in a low energy space-time, on the other hand, the occupied volume is 1/m 3 , owing to confinement, and the expected density is Λ ≈ m 3 H.