Market Study Report adds global Clinical Nutrition market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
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Child clinical nutrition market was valued at USD 31,608.3 million in 2018 and estimated to expand owing high birth rates in developing countries of Asia Pacific and Africa along with substantial rise in number of preterm births. Growing demand for milk-based infant nutrition formulae and significant population of malnourished children in countries such as India will drive segment growth over the coming years.
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Clinical Nutrition Market is set to exceed USD 87,530.7 million by 2025. Increasing prevalence of chronic diseases such as diabetes and cancer along with growing number of preterm births will drive clinical nutrition market over the forecast period. Growth of home healthcare sector leading to rise in demand for home enteral nutrition formulae coupled with favorable reimbursement policies will propel industry growth.
Enteral nutrition segment is estimated to witness significant growth during the forecast period expanding with a CAGR of over 6.0%. Technological advancements in tubing feeds, pumps and access devices used in enteral nutrition will propel market growth. In addition, rising number of people suffering from gut dysfunction, mechanical or neurological dysphagia requiring enteral supply of nutrition will drive enteral nutrition segment growth over the coming years. Numerous initiatives undertaken by companies including Nestle to stimulate adoption of enteral nutrition formulae will positively impact business growth.
Brazil clinical nutrition market is estimated to expand with a CAGR of 8.8% over the forecast period owing to large patient population base and high number of preterm births. Brazil’s association with American Society of Parenteral and Enteral Nutrition has surged development of clinical nutrition market in the country. Moreover, presence of associations such as Brazilian Society for Food and Nutrition (SBAN) working towards increased adoption of clinical nutrition formulae will favor market growth.
Growing number of preterm births in UK along with high prevalence of chronic diseases will drive the UK clinical nutrition market. High adoption of home enteral feeding devices and growing geriatric population base will positively impact industry growth.
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Few notable industry players include Abbott Laboratories, Danone, Baxter International, Hospira, Mead Johnson, Perrigo, Fresenius Kabi, B Braun Melsungen and Nestle. Industry players are focusing on developing superior clinical nutritional solutions targeting adult as well as infant population to expand their product portfolio along with consumer base.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Clinical Nutrition Industry Insights
Chapter 4. Clinical Nutrition Market, By Product
Chapter 5. Clinical Nutrition Market, By Consumer
Chapter 6. Clinical Nutrition Market, By Region
Chapter 7. Company Profiles
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