The global diabetes protein drink market was valued at $5.2 billion in 2021 and it is expected to reach $13.1 billion at a CAGR of 8.9% between 2022 and 2032. A variety of proteins, including soy, casein, whey, pea, and egg, are used to make the powders. These powders are rich in greens, including dried vegetables, grains, additional fats, fibers, and thickeners, as well as vitamins, minerals, and other nutrients, which will have a favorable effect on the market.
Given that protein digests more slowly than carbohydrates, a protein shake might be a healthier choice. The likelihood of a blood sugar surge is decreased, and the person will experience prolonged satiety. However, the high sugar content of many marketed protein drinks and snacks can cause blood sugar levels to skyrocket. Product launches, mergers and acquisitions, and agreements and collaborations are the main techniques used by corporations to grow in the diabetic food market. Strong performing items would result from these tactics. Nestle Golden Farm Candies, Uniliver, Kellogg, Cadbury, Mars, and PepsiCo are the leading market participants.
Source: SAI Research
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Moreover, in the upcoming years, the market expansion is anticipated to be fueled by the introduction of new products, such as proteins that target specific activities like energy balancing, weight loss, and muscle regeneration and include a wide spectrum of amino acids. Growing female product demand as a result of the ‘strong not skinny' trend's rising popularity is also probably going to help the market grow. The country's aging population growth is also anticipated to significantly increase product demand. Furthermore, due to the high expense of healthcare and growing skepticism about public healthcare systems, an increase in the adoption of personal preventive healthcare through individual ownership of self-health and wellness is also anticipated to drive market growth. Market expansion will also be aided by consumer knowledge of the advantages of having a balanced diet and exercising regularly.
A crucial component of managing diabetes is nutrition. Dietary products with a lower sugar and carbohydrate content are known as diabetes nutrition products. These goods support the regulation of blood glucose levels. Diabetes nutrition foods also include sweeteners and low-calorie diet beverages. The majority of people with diabetes and people without diabetes use these nutrition products as a preventative strategy against developing diabetes. In addition, Patients with diabetes need to eat a low-fat diet that is high in fruits, vegetables, and low-fat dairy products with calcium, potassium, and magnesium. The growing number of diabetics is the main factor driving the market for diabetic foods. The Diabetic Food industry is expanding as a result of increased awareness of health concerns, diabetic difficulties, and obesity rates. The market's expansion is being hampered by the products' comparatively expensive prices.
Based on source type, the plant-based segment accounted for the larger share of this market and is also anticipated to drive market growth over the forecast period. As dietary supplements, soy, canola, rice, wheat, and pea proteins are becoming more and more well-liked. Numerous businesses are searching for new prospects by finding new uses for vicelin, globulins, prolamins, and albumins, among other substances, or by valorizing the ingredients to improve the nutritional value of the products. Another important source ingredient for plant-based proteins is soy. It is anticipated that supply and demand issues would cause volatility in the costs of raw commodities like milk and soybeans, which will in turn affect the cost of protein supplements.
In terms of product type, the protein powder category has led the market with significant growth over the past few years. Moreover, Whey, casein, soy, pea, and egg proteins are just a few of the sources used in the production of the powders. These powders are rich in vital micronutrients like vitamins, minerals, grains, fibers, extra fats, and/or thickeners, as well as greens like dried veggies. They help the body make enzymes and hormones, shed pounds, grow and tone muscles, and heal bodily tissues. Hence, these primary factors are estimated to drive market growth during the forecast period.
By regions, the North American market witnessed higher growth and is also estimated to hold its dominant position over the forecast period from 2022 to 2032. The market is expanding due to rising R&D expenditures on diabetes supplements. North American market participants are concentrating on using different tactics to increase their market presence. On the other hand, the Asia-pacific region is also expected to become the second-largest market in the future. Increasing healthcare costs, rising health awareness among the populace, an increase in the number of people with diabetes, and the availability of important industry participants are some of the main drivers of the Asia Pacific diabetes supplement market's growth.
According to the study, key players such as Abbott Laboratories (U.S), AMCO Proteins (U.S), Arkopharma (France), ADM (U.S), Bionova Life sciences (India), Caelus Health (Canada), Caelus Health (Netherlands), Danone (Spain), Glanbia Plc (Ireland), Glucose Health (U.S), Glanbia Plc (Ireland), NOW Foods (U.S), NaturoGain (South Korea), NutraBolt (U.S), Novo Nordisk (Denmark), Nestle (Switzerland), Olive Healthcare (South Korea), Pfizer (U.S), The Carlyle Group (U.S), Uniliver Plc (U.K), among others are leading the global diabetes protein drink market.
Report Coverage | Details |
Market Size in 2021 | US$ 5.2 Billion |
Market Volume Projection by 2032 | US$ 13.1 Billion |
Forecast Period 2022 to 2032 CAGR | 8.9% |
Base Year: | 2021 |
Historical Data | 2019, 2020 and 2021 |
Forecast Period | 2022 to 2032 |
Segments covered |
By Source Type: Animal Based, Plant-Based, Milk Protein, Casein & Others By Product Type: Protein Powder, Protein Bars, Ready to Drink & Others |
Geographies covered |
North America, Europe, Asia-Pacific, LAMEA |
Companies covered | Abbott Laboratories (U.S), AMCO Proteins (U.S), Arkopharma (France), ADM (U.S), Bionova Life sciences (India), Caelus Health (Canada), Caelus Health (Netherlands), Danone (Spain), Glanbia Plc (Ireland), Glucose Health (U.S), Glanbia Plc (Ireland), NOW Foods (U.S), NaturoGain (South Korea), NutraBolt (U.S), Novo Nordisk (Denmark), Nestle (Switzerland), Olive Healthcare (South Korea), Pfizer (U.S), The Carlyle Group (U.S), Uniliver Plc (U.K), among others. |
The Global Diabetes Protein Drink Market – by Source Type:
The Global Diabetes Protein Drink Market – by Product Type:
The Global Diabetes Protein Drink Market – by Regions:
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