The report entitled “Diabetic Dietary Supplements Market” analyzes the global and regional market by type, diabetes type the dosage type, channel for distribution and the country. The report is comprehensive and provides comprehensive historical and forecast market size along with trends analysis. The report examines and gives comprehensive information on the market share analysis for the major players, analysis of production as well as brand share analysis. the competitive landscape as well as strategic imperatives annual sales figures opportunities for growth and production overviews along with financial analysis and an assessment of competition for the market players to be targeted.
market overview and dynamics: The consumption of diabetic diet supplements is expected to rise over the forecast period due to the increasing number of geriatrics all over the world
The worldwide diabetic dietary supplement market is predicted to expand by approximately 4.2 percent during the period 2022-2028. The rising incidence of diabetes along with the increasing geriatric population around the globe are among the primary reasons that will drive sales of diabetic diet supplements. Additionally the market for anti-aging in the world is estimated to be US$415 billion by 2021, with supplements for dietary use increasing at a rate of 6.6%.
The diabetic dietary supplements market is predicted to see moderate growth over the coming six years. The increasing awareness of the public regarding supplements, the increasing rate of obesity and diabetes among adolescents and children and the increasing need for R&D to create new products for diabetics are expected to boost demand for diabetic nutritional supplements throughout the world.
North America is anticipated to be the leading player in the global diabetic dietary supplements market due to advances in the nutraceutical and pharmaceutical sector. Within Asia Pacific, factors such as an increasing number of elderly as well as an increasing amount of diabetics, and increasing healthcare costs have fueled consumers to seek out diabetic diet supplements. In Europe this market has been driven by increasing popularity of foods that are rich in nutrients as well as the growing awareness about health.
Segmental Analysis
- On the basis of diabetes type, the type-2 diabetes segment is expected to account for a major share due to increasing chronic conditions in the geriatric population.
- Based on the distribution channel, the offline segment is expected to grow considerably during the forecast period. Hospitals and Clinical pharmacies hold the majority of the share of the total offline sales of diabetic dietary supplements.
- On the basis of region, North America is dominating the global diabetic dietary supplements market due to advancements in the pharmaceutical and nutraceutical sector.
Competition Analysis
The global diabetic dietary supplements market is fragmented in nature with the presence of various players operating in the global market. Public and Private players are investing highly in R&D for the development of the global market. Moreover, these players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Acquisitions and product launches are among the key strategies adopted by the leading players across the world. For instance,
- In December 2021, Danone India (Danone SA) launched Protinex Diabetes Care with an aim to address the nutritional requirements of Indians with diabetes.
- In November 2019, India-based Dr. Reddy’s Laboratories Ltd. announced the launch of Celevida in India to help manage blood glucose levels among Indian patients.
Some of the prominent players in the market are Abbott Laboratories Inc., Aksuvital Natural Products Co., Arkopharma, Bionova, Caelus Health, CuraLife Global, Danone SA, Dr. Reddy’s Laboratories Ltd., Glucose Health Inc., Hexagon Nutrition Pvt. Ltd., La Grande P Ltd. (La Nutraceuticals), Lysulin Inc., Nature’s Sunshine Products Inc., Nestlé Health Science, and Nutricia among others.
The RationalStat has segmented the global Diabetes Dietary Supplements Market on the basis of type, diabetes type, dosage form, distribution channel, and region.
- By Type
- Vitamins
- Minerals
- Protein
- Others (Dietary Fibers etc.)
- By Diabetes Type
- Type 1 Diabetes
- Type 2 Diabetes
- By Dosage Form
- Tablets
- Powder
- Others (Solutions etc.)
- By Distribution Channel
- Offline
- Hospitals Pharmacies
- Retail Pharmacies
- Online
- Offline
- By Region
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Western Europe
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Turkey
- Rest of the Middle East & Africa
- North America
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