Diabetes Care Nutrition Market Report 2024 with Forecasts to 2029 - Meal Replacements Segment is Forecast to Grow at a CAGR of 7.5% During 2024-2029 [Yahoo! Finance]
Abbott Laboratories (ABT)
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Source: Yahoo! Finance
Participants, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. The diabetes care nutrition market has experienced significant growth in recent years, driven by the rising prevalence of diabetes globally. As of 2023, approximately 537 million adults are living with diabetes, a number projected to reach 643 million by 2030. The increasing awareness of diabetes management and the importance of dietary interventions have led to a heightened demand for specialized nutrition products tailored to the needs of diabetic patients. These products include low-calorie meal replacements, nutritional bars, and beverages designed for blood sugar management. Market Size The global diabetes care nutrition market was valued at approximately $9.24 billion in 2023 and is projected to reach around $13.6 billion by 2029, growing at a CAGR of 6.8% during the forecast period (2024 - 2029). This growth can be attributed to the increasing incidence of diabetes,
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ABT
Earnings
- 10/16/24 - Beat
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- 11/4/24 - Form 144
- 10/31/24 - Form 10-Q
- 10/23/24 - Form 4
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