Diabetes Nutrition Market, by Product Type, Distribution Channel and Region – Size, Share, Trends, and Forecast 2019 – 2026
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Diabetes nutrition is dietary products that contain less sugar and carbohydrate content. These products are beneficial in managing blood glucose levels as this food contains low-calorie diet beverages as well as sweeteners. These nutrition products are mostly consumed by diabetes patient as well as non-diabetic patients as precautionary measure to prevent diabetes because these nutrition helps to regulate other complications of diabetes such as neuropathy, nephropathy, high blood pressure along with diabetes, as these products help to maintain the lipid profile that leads to decrease in the risk of vascular complications.
The growing diabetic population is a prime factor propelling the growth of the diabetes nutrition market. According to the International Federation of Diabetes, 2017 report, around 425 million adults were suffering from diabetes and the number is expected to reach 629 million by 2045 globally.
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Moreover, major players in the market are launching new products to expand their product portfolio. For instance, in April 2019, Ingredia, a dairy company, launched a bio-active ingredient that helps to reduce blood glucose levels in pre-diabetic patients and can also be used as a dietary nutritional supplement. Such product development activity is projected to drive diabetes nutrition market growth.
On the other hand, substance or ingredients present in diabetic nutrition food products sometimes may cause various health-related problems such as skin allergy, gastrointestinal tract disturbances, and respiratory tract infections to the patient. This factor is expected to hamper the market growth.
Research and development of novel nutrition products for diabetes are projected to offer lucrative growth opportunities for market players. Dietary beverages, backed products, and dairy products are major segments contributing to the diabetic nutrition market growth.
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The diabetes nutrition market is projected to witness significant growth over the forecast period, due to a surge in the acceptance of new diabetic nutrition products mainly in developing countries. According to the American Diabetic Association’s report, Asia Pacific diabetic nutrition and food industry generated around 22.0% of the total industry revenue in 2015. The growing dairy and confectionery sector due to easy availability and the routinely consumable product is expected to support market growth in the Asia Pacific. North America held the dominant position in diabetes nutrition market in 2018 owing to rising health complexities by virtue of abnormal level of blood glucose and growing geriatric population in the U.S. According to the US Census Bureau’s Population report, 2016, 58% of 49.2 million older population is in the age group of 65-74 and which is largest among the three age groups. Moreover, as per the report of Center for Disease Control and Prevention 2016, in the U.S. the obesity prevalence rate was 39.8% and affected about 93.3 million adults, thus propelling the demand for diabetic nutrition products in the U.S. The market in Europe is driven by increasing regulatory approvals of diabetes nutrition products and high presence of products in the last stage of clinical trials.
Key players in the diabetic nutrition market are focused on offering an array of products. For instance, Newtrition Plus offers sugar-free products and customized products for diet-conscious people. Amber Lynn offers sugar-free chocolates, zero trans-fat chocolates, and dark chocolates sweetened with maltitol for diabetic patients.
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Major players operating in the global diabetic nutrition market include Newtrition Plus, Amber Lynn, Nestle S.A., Abbott Nutrition, Medlife, Danone Inc., Fresenius Kabi AG, Zemaica Healthcare, Clinical Products LLC, Best Source Nutrition Pvt. Ltd., Inlife Pharma Pvt. Ltd., Bjain Pharmaceuticals Pvt. Ltd., Kalbe Farma, General Nutrition Centers, Inc., and Ingredia.
Based on product type
- Soft gels
Based on the distribution channel
- Hospital Pharmacies
- Retail Pharmacies
- Convenience Stores
- Online Pharmacies
Based on region
- North America
- Latin America
- Asia Pacific
- Middle East
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