Clinical Nutrition Market

SKU: DMCD660 | Last Updated On: Oct 13 2022 | Available Formats

>Clinical Nutrition Market Expected to reach a high CAGR 8% by 2029:

Clinical Nutrition Market is segmented By Product Type (Infant Nutrition, Enteral Nutrition, Parenteral Nutrition), By Formulation (Powder, Liquid), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Clinical Nutrition Market is expected to grow at a high CAGR of 8% during the forecasting period (2022-2029).

Clinical nutrition product is a type of pharmaceutical product that helps to keep a patient healthy. It helps to improve the metabolic system by providing adequate supplements such as minerals, vitamins, and others. Clinical nutrition products are useful in maintaining the patient's health and enable the improvement of the body's metabolic system by providing adequate supplements, such as minerals, vitamins, and other supplements.

Clinical Nutrition Market Scope

Metrics

Details

Market CAGR

8%

Segments Covered

By Product Type, By Formulation, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Clinical Nutrition Market Dynamics:

The global clinical nutrition market growth is driven by the rising cases of metabolic and chronic diseases, unhealthy dietary habits leading to malnourishment, the surge in the geriatric population, the increasing number of premature births, and the rise in the adoption of the home healthcare model.

The increasing prevalence of metabolic disorders drives the market growth  

Over the past decade, the prevalence of metabolic disorders has increased. According to the Global Coalition on Aging study, November 2020, the prevalence of malnutrition in hospitalized patients was around 31%. According to the Global Surgery Foundation, nearly 30% of worldwide diseases can be treated with surgery and require the direct care of a surgeon. During surgeries, clinical nutrition plays a major part in minimizing any adverse consequences to patients and enabling the surgeons to work in a controlled environment. Thus, with the rising burden of diseases and the volume of surgeries, the clinical nutrition market is expected to boost during the forecast period.

As per the World Ageing Population report, in 2020, about 727 million people worldwide were aged 65 years and above. This number is further expected to reach 1.5 billion by 2050. The elderly population is often susceptible to acquiring chronic diseases, leading to surgeries. In July 2020, Goodmills Innovation introduced ''Spermidino EVO'', a wheat germ concentrate specifically developed for immunity-boosting in the aging population. Hence, the growing number of the elderly population and the development of clinical nutrition products specific to the aging population are expected to drive the market growth in the forecast period.

The lack of awareness especially in emerging countries will hamper the growth of the market

However, lack of awareness especially in emerging countries, and stringent government regulations are a few of the restraints that may result in lower adoption of alternate means of nutrition. The clinical nutrition market growth can be affected in the least developed regions of the world with comparatively lower standards of living attributed to the refusal of rationalized means to consume nutrition and, lack of acceptance of newer approaches. These factors will hamper the growth of the market in the forecast period.

COVID-19 Impact Analysis

COVID-19 infection has become a major public health concern, and clinical nutrition plays a crucial role in preventing infection and treating infection-associated malnutrition. For instance, the European Society for Clinical Nutrition and Metabolism issued guidelines related to nutritional management in ICU patients infected with COVID-19. Thus, a positive impact can be expected on the market studied due to COVID-19.

People suffering from metabolic disorders such as diabetes are at high risk of acquiring COVID-19 infection. According to the International Diabetes Federation, people with pre-existing medical conditions such as diabetes and obesity are more prone to be infected with the SARS-CoV-2 virus due to compromised immune systems in these individuals. Treating diabetic patients infected with COVID-19 would be difficult as the virus tends to grow immensely in elevated blood sugar levels. Controlling the blood sugar levels is of utmost importance in treating COVID-19-infected patients.

Clinical Nutrition Market Segment Analysis:

The infant nutrition segment is expected to grow at the fastest CAGR during the forecast period (2022-2029)        

Good nutrition during the first 2 years of life is vital for healthy growth and development. Starting good nutrition practices early can help children develop healthy dietary patterns. Infants are usually ready to eat solid foods at about 6 months of age. Although every infant and child has the right to good nutrition under the Convention on the Rights of the Child, in many countries less than a fourth of infants have access to the required dietary diversity and feeding frequency. Inappropriate feeding practices contribute up to a third of all cases of child malnutrition. This is compounded by the proliferation of processed foods like infant formula and products rich in salt, free sugars, and trans fats. This causes an increase in poor diets, obesity, and a marked reduction in the number of mothers breastfeeding their babies. Organization such as WHO continues to work with the Member States and partners to promote proper infant and child nutrition, including breastfeeding information campaigns and efforts to prevent malnutrition at the local, national, and international levels.

Clinical Nutrition Market Geographical Analysis:

The North American region holds the largest market share of the global clinical nutrition market

The North American region is expected to dominate the clinical nutrition market. Some of the primary factors attributing to the growth of the clinical nutrition market include an increase in the prevalence of metabolic disorders and a rise in the geriatric population. According to the Centers for Disease Control and Prevention, the obesity rate among the US population was estimated to be around 42.4% in 2017-2018. As per the Center for Disease Control and Prevention statistics, cancer and cardiovascular diseases are among the major burdens of the US healthcare sector.

According to the national diabetic statistic report in 2022 by the Centers for Disease Control and Prevention (CDC), around 37.3 million people suffered from diabetes in the U.S, accounting for 11.3% of the total U.S. population. Nutrition holds a great significance in controlling metabolic diseases. Clinical nutrition such as monosaturated fat and fiber is administered to patients through Jejunal feeding in instances of patchy bowel dysmotility or symptomatic gastric atony observed in diabetic patients with autonomic neuropathy. Hence, such instances indicate a rising demand for clinical nutrition products, thereby driving market growth.

Clinical Nutrition Market Competitive Landscape:

The clinical nutrition market is a moderately competitive presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include Abbott Laboratories (Abbott Nutrition), Nestle Health Science, Baxter Healthcare, B. Braun Melsungen AG, Danone (Nutricia), BASF SE, Perrigo Company PLC, Fresenius Kabi, Royal DSM, AYMES International Ltd among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the clinical nutrition market globally. For instance, in August 2021, Esperer Nutrition launched a range of consumer nutraceuticals for bone and joint health, immunity, urinary tract health, sleep apnea, and pre-diabetic care.

Abbott Laboratories

Overview:

Abbott Laboratories discovers, develops, manufactures, and sells a broad and diversified line of health care products and services. The Company's products include pharmaceuticals, nutritional, diagnostics, and vascular products. Abbott markets its products worldwide through affiliates and distributors.     

Product Portfolio:

ENSURE PRE-SURGERY:  ENSURE PRE-SURGERY is a clear carbohydrate beverage specially designed to improve general well-being both before and after surgery. Designed to be consumed up to 2 hours before anesthesia/surgery.

FAQ

What is the Europe, North America and Asia-Pacific Clinical Nutrition Market growth?

The market is growing at a CAGR 8%.

What is Europe, North America and Asia-Pacific Automotive Liquid Condenser Market size in 2022?

The Glioblastoma Treatment Market size was valued at USD YY million in 2022.

Who are the key players in Europe, North America and Asia-Pacific Automotive Liquid Condenser Market?

Delphi Automotive PLC, Denso Corporation, Subros Ltd., MAHLE GmbH § Valeo SA.

Trending Topics

Clinical Nutrition Market

Oncology Nutrition Market

Clinical Trials Market 

Did not find what you were looking for?Every 7 out of 10 customers request tailored reports. Get yours today!
We collate your requirements.
Our global research team is put into action.
We deliver, and make sure your endeavour is a success!

Buy This Report

20% Discount Applied*



Note*: For "Bundle/Bulk" Subscription of Reports,
please contact: [email protected]

Get your free sample proposal with a single click!

linkedinpinterest