Clinical Nutrition Market to be valued USD 82.23 Billion by 2025
Rising prevalence of
chronic diseases and government initiatives to increase health awareness and
minimize malnourishment are expected to drive Global Clinical Nutrition Market
through 2025.
According to
TechSci Research report, “Global Clinical
Nutrition Market By Route of Administration (Oral, Intravenous), By
Nutrition Type (Enteral Nutrition, Parental Nutrition), By Application
(Metabolic Disorders, Eating Disorders, Stages of Development and Recovery,
Others), By End User (Infant & Child, Adults, Geriatrics), By Substrates
(Energy, Carbohydrates, Lipids, Proteins & amino acids, Water &
electrolyte, Dietary fiber, Antioxidants), By Region, Competition, Forecast
& Opportunities, 2025”, the Global Clinical Nutrition
market was valued at USD54.85 billion in 2019 is estimated to grow at an
impressive rate of 7.36% during the forecast period. Factors contributing to
the market growth include growing geriatric population and advancement in
healthcare infrastructure in developing economies. Increasing awareness
pertaining to health and fitness among people, expanding global population are also contributing to
the global clinical nutrition market growth. Rising personal disposable income,
and surge in cases of premature birth are some of the key factors behind the
growth of clinical nutrition market, globally. Increasing research and
development activities for nutrition advancements expansion of key players
through diverse product launches, merger & acquisition and strategic
collaboration are further expected to fuel the Global Clinical Nutrition market
through 2025. Moreover, with rising prevalence of metabolic diseases, the
number of patients opting for the diagnosis of metabolic disorders has also
increased over the years, thereby fueling the market growth. Furthermore,
various governments and international organizations are taking initiatives to
improve the health rate and thus, increasing investments in healthcare sector
and funding from international and national organizations is further propelling
the growth of the market across the globe.
However, lack of awareness about clinical nutrients
and high cost or side effects of nutritional products might hamper the growth
of the market. Decrease in fertility rates and prevalence of several diseases
among this population is stressing on the need of global clinical nutrition
market. Additionally, stringent regulatory scenario and lack of awareness related
to clinical nutrition might hamper the growth of clinical nutrition market.
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Nutrition Market"
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The global
clinical nutrition market is segmented based on route of administration,
nutrition type, application, end users, substrates, company and region. Based
on route of administration, the market is further segmented into oral and
intravenous. Among them, the oral endoscopic route of administration occupied the
lion’s share in the market in 2019 as it is preferred by majority of people
since, it involves lesser complexities and low cost. Based on nutrition type,
the market is segmented into enteral nutrition and parental nutrition. The
enteral nutrition is further divided into oral nutrition supplements and tube
feeding. The parental nutrition segment is divided into supplemental parenteral
nutrition, total parenteral nutrition, all-in-one system and multiple bottle
system. Globally, the enteral nutrition is anticipated to hold dominant market share
until 2025 in terms of revenue owing to their ease of administration and wide
availability of products like powders, capsules, soft gels, and liquids.
Nestle S.A.,
Danone S.A., Abbott Nutrition, Fresenius SE & Co. KGaA, Otsuka Holdings Co.
Ltd., Baxter International Inc., B Braun Melsungen AG, Meiji Holding Co. Ltd.,
BASF SE, CONMED Corporation, Lonza Group AG, Vesco Medical LLC, Perrigo Company
Plc, Pfizer Inc., Reckitt Benckiser Group Plc., and others are some of the
leading players operating in global clinical nutrition market.
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“Major market
players in clinical nutrition are expanding their businesses through mergers
& acquisitions and strategic collaborations. The usage of nutritional
products in home care sector
has created more growth opportunities for companies. Over the last decade, more
than 50 per cent of market share was held by infant nutrition market segment.
Hence this segment has huge growth potential for manufacturers. Therefore, the
companies need to focus on launching innovative and newer clinical nutrition
products to maintain a strong hold in the ever-evolving global market”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global Clinical Nutrition Market By Route of
Administration (Oral, Intravenous), By Nutrition Type (Enteral Nutrition,
Parental Nutrition), By Application (Metabolic Disorders, Eating Disorders,
Stages of Development and Recovery, Others), By End User (Infant & Child,
Adults, Geriatrics), By Substrates (Energy, Carbohydrates, Lipids, Proteins
& amino acids, Water & electrolyte, Dietary fiber, Antioxidants), By
Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global clinical
nutrition market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global clinical nutrition market.
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