According to a market report, published by Sheer Analytics and Insights, 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. Due to the intricate manufacturing process, producing diabetes protein drink supplements requires substantial financial investments. Regulations on product labeling and health claims have been established by the European Food Safety Authority and the U.S. Food & Drug Administration, which presents difficulties for new competitors in the international market. To keep up with the rising demand, established businesses are consistently enhancing their manufacturing capacity. Additionally, because of the higher rates of obesity in these areas, consumers are choosing healthier eating and lifestyle choices, which is anticipated to boost demand for protein supplements over the projected period. Therefore, these major factors have been driving the market over the past few years and are also projected to propel the market growth in the future.
The growing geriatric population around the world is a major factor driving the global market for diabetes protein drink supplements. Another important reason for the rise in demand for diabetic supplements is the rise in the prevalence of chronic diseases worldwide. Chronic disorders like diabetes are more common among the elderly population. Additionally, rising health & fitness awareness among people following the pandemic threat is anticipated to fuel the global market for diabetic supplements in the ensuing years. Diabetes prevention and treatment are in high demand all around the world. These primary factors are estimated to accelerate market growth during the forecast period.
Request a free PDF sample report at https://www.sheeranalyticsandinsights.com/request-sample/diabetes-protein-drink-market-21
Furthermore, Due to safety and efficacy concerns, consumers in the diabetes supplement industry are more likely to choose local brands than name-brand items. For instance, the use of probiotics, sugar-free, gluten-free, zero-carb, and other supplements created by local companies like Himalaya, Dabur, and Patanjali Ayurveda Limited, among others, is increasing in India, which is further supporting market growth. Moreover, Prohance D is intended to take the place of a meal on your plate and offer balanced nutrients to help with diabetes management. It can also be consumed as a drink as a nutritious evening snack, breakfast, or sleep snack. Provence D complies with both the European "food for particular medical purpose" standard and the FSSAI's recommendations for "food for specific dietary use."
An essential component of a balanced diet is protein. In addition to being essential for muscle growth and repair, protein can also aid in weight loss or maintenance. For this reason, it's critical to have a diet high in protein-rich foods. However, there are also plant-based protein beverages that incorporate soy, rice, or peas as components. Typically, protein drinks are sold as powders that must be dissolved in water or milk before consumption.
The need for vegan protein in daily diet continues to be driven by the demand for more naturally grown and organic food as opposed to synthetic food. Vegan protein production continues to be a valuable industry due to its use in cosmetic and bodybuilding applications. Additionally, young people—particularly athletes and bodybuilders—drive the global market for protein drinks since they boost immunity, boost strength, aid in muscle growth, fight cancer, and lower cholesterol. In addition, regardless of age, women, kids, and seniors drink protein drinks for both their mental and physical development, which supports the market's expansion for protein drinks.
According to the study, key players dominating the global diabetes protein drink market are 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.
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/diabetes-protein-drink-market-21
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:
About Us
Sheer Analytics and Insights Private Limited is market research, consulting, and IT services company. We as a company believe in providing point to point data and its analysis with the combination of our human and automation integration. Sheer Analytics and Insights cover majorly eight industry verticals, including chemicals, life science, communications, and electronics, materials, consumer goods, defense, and BFSI sector.
Sheer Analytics believes in quality work and ensures that the product delivered to the client is meaningful for them. We publish reports based on our advanced analytics reports, which are generated with the help of our in-house databases, external databases, and artificial intelligence integration processes. We stand out from other market research companies in terms of integrating facts with meaningful insights for forecasting.
Contact:
Sheer Analytics and Insights
Email: sales@sheeranalyticsandinsights.com
+1-414-240-5010