Diabetes Nutrition MarketSize and Trends

The global diabetes nutrition market is estimated to be valued at US$ 5,370.2 million in 2022 and is expected to exhibit a CAGR of 6.5% during the forecast period (2022-2030).

Figure 1. Global Diabetes Nutrition Market Share (%), by Form, 2022

Global Diabetes Nutrition Market - Driver

Increasing strategies adopted by key market players, such as product launches, is expected to drive the global diabetes nutrition market over the forecast period. For instance, in June 2020, Pendulum, a biotechnology company, announced that they had launched pendulum glucose control, the first medical probiotic for the dietary management of type 2 diabetes. Pendulum glucose control targets the gut microbiome to manage blood sugar level.

Diabetes Nutrition Market Report Coverage

Global Diabetes Nutrition Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it a public health emergency on January 30, 2020.

COVID-19 can affect the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, U.A.E., Egypt, and others are facing problems with the transportation of drugs from one place to another.

The COVID-19 pandemic also had a positive impact on the global diabetes nutrition market growth during COVID-19. For instance, according to the data published in Springer Journal, in April 2021, as nutrition plays an important role in immunity, adequate intake of dietary protein, fiber, essential fatty acids and some micronutrients especially vitamins D, C, B12, folate, zinc and selenium has beneficial effects on the prevention and treatment of COVID-19 in diabetic patients through modulation of innate and adaptive immune responses or direct effects on virus enzymes or the rate of cell entrance.

Figure 2. Global Diabetes Nutrition Market Share (US$ Million), by Region, 2022