Rising Prevalence of Diabetes and Other Chronic Illnesses Driving Adoption of Glucose Management Supplements for Ensuring Optimal Sugar Levels: Fact.MR Report
Global sales of glucose management supplementsare estimated to reach US$ 9.7 billion in 2024 and further increase at a CAGR of 6.1% from 2024 to 2034. According to this new study by Fact.MR, the market is expected to end up at a value of US$ 17.5 billion by 2034.
Glucose supplements provide essential carbohydrates to individuals who are unable to eat due to illness, trauma, or other medical conditions, creating sales opportunities for supplement suppliers. They are utilized to manage hyperkalemia, a condition in which potassium levels increase to a dangerous level, to ensure stable potassium levels and prevent further cell damage.
While initially targeting diabetic patients, the demand for glucose tablets is growing among healthy individuals, significantly boosting market growth. Glucose additives have become popular among athletes like marathon runners, bodybuilders, and rowers. These individuals engage in strenuous physical activity, leading to fatigue and lethargic muscles. Glucose additives help replenish energy levels and enable athletes to prepare for their next race.
Key Takeaways from the Market Study:
- The global glucose management supplement market is forecasted to reach a valuation of US$ 17.5 billion by the end of 2034. In 2024, North America is poised to occupy a market share of 24.7%.
- East Asia is projected to account for a market share of 25.4% by the end of 2034. By 2034, the United States market is projected to reach a valuation of US$ 3 billion.
- The Mexican market is forecasted to expand at a CAGR of 8.9% from 2024 to 2034. Based on form, tablets are projected to occupy 53.5% of the overall market share by the end of 2034.
- Sales of capsules for glucose management are forecasted to rise at a CAGR of 6.4% from 2024 to 2034. The minerals segment is projected to expand at a CAGR of 6.2% through 2034.
“Glucose management supplements meet diverse needs, from medical support to athletic performance. Their versatility and effectiveness play a crucial role in driving their widespread adoption,” says a Fact.MR analyst.
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Increasing Incidence of Type 2 Diabetes
Type 2 diabetes is becoming a major health problem. Metabolic syndrome is a group of illnesses that raises the risk of heart disease, stroke, and diabetes. Glucose control supplements efficiently treat all of these diseases, making them popular among patients and serving as a unique selling point for providers.
- The World Health Organization (WHO) reports that around 220 million people worldwide have diabetes, with type 2 diabetes accounting for 90% of the cases.
- Diabetes claimed the lives of 1.1 million people globally in 2005. WHO predicts that the number of fatalities due to diabetes will triple by 2030.
Growing Awareness of Diabetes Risks Driving Demand for Glucose Management Supplements
With increasing awareness of the importance of maintaining a healthy lifestyle, sales of glucose management supplements are on the rise. The global aging population has led to a surge in chronic conditions such as diabetes, significantly driving market expansion.
As concerns about the adverse effects of high blood glucose levels grow, so does the demand for both preventive and therapeutic solutions. Uncontrolled blood sugar can result in severe health complications, including heart disease, stroke, nerve damage, kidney issues, and foot disorders. This rising awareness has become a key driver of market growth, fueling demand for supplements that aid in glucose regulation.
According to the CDC, the global diabetic population is expected to reach 783 million individuals in the coming years. This alarming statistic has accelerated the demand for glucose management supplements, presenting substantial opportunities for market players.
Shift to Online Shopping Enhancing Market Growth
Consumers are increasingly turning to online platforms to purchase supplements due to convenience, accessibility, and a broader selection of products. Recognizing this shift, leading market players such as Amway and Herbal Nutrition are focusing on e-commerce strategies, offering benefits like fast delivery and free shipping to attract more customers.
The growing preference for online shopping allows companies to expand their customer base without the need for physical stores. With just a few clicks, consumers can access a wide range of glucose management supplements, further driving market expansion and boosting overall business growth.
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Key Market Players:
- NOW Foods
- Life Extension
- Natrol
- Nature Made
- Nature’s Bounty
- Zenith Labs
- Blackmores
- Best Naturals
- Throne
- Solgar
- Nutricost
- Pure Encapsulations
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the glucose management supplement market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on form (tablets, softgel, capsules), type (alpha lipoic acid, minerals, vitamins, others), and sales channel (online sales, retail sales), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & pacific, and MEA).
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