Diabetes Nutrition Market Estimated to Witness Growth due to Advancement in Precision Nutrition
The diabetes nutrition market comprises oral nutritional supplements, enteral nutrition and parenteral nutrition, which provide nutrients to maintain normal growth and development. Precision nutrition offers personalized nutritional recommendations based on an individual's health, lifestyle, genetics, biomarkers and gut microbiome. This helps manage blood glucose levels and reduces the risk of diabetes complications.
The Global diabetes nutrition market is estimated to be valued at US$ 6486.94 Mn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the diabetes nutrition market are Actavis, AbbVie Inc., Astellas Pharma Inc., Cara Therapeutics, EPI Health LLC, Galderma Laboratories LP, Ocera Therapeutics Inc., and Pfizer Inc., Sanofi, Trevi Therapeutics. Precision nutrition tailors meal plans, supplements and dietary advice based on an individual's biochemical profile and genetics. Technology advancements include continuous glucose monitors and artificial intelligence-based nutrition management systems.
Market Drivers
The growing diabetic population worldwide is a key factor driving the Diabetes Nutrition Market Size. Nearly 537 million people are estimated to have diabetes globally and this is expected to rise to 643 million by 2030. Poor diet and lifestyle changes have contributed to the diabetes surge. Proper nutrition management is crucial to manage blood sugar levels and prevent complications. This is boosting the demand for specialized diabetes nutrition products and services.
Current Challenges in Diabetes Nutrition Market
The diabetes nutrition market is facing various challenges currently. The growing prevalence of diabetes worldwide has increased the demand for diabetes nutrition products. However, maintaining affordability and accessibility to diabetes nutrition products is a big challenge. The prices of specialty diabetes nutrition products and supplements are often very high, making it difficult for many patients to continue their treatment regime. Additionally, awareness regarding the role of nutrition and diet in managing diabetes is still limited in many developing regions. Non-adherence to prescribed diabetes nutrition plans continues to hamper effective management of the disease.
Get more insights on - Diabetes Nutrition Market
Explore More Related Article on - Surfing Board Market
For Enhanced Understanding, Dive into the Report in the Language that Connects with You.
- Industry
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Games
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness
- News