Clinical Nutrition Market Size is projected to reach USD

Clinical Nutrition Market Size is projected to reach USD

New York, United States, July 21, 2022 (GLOBE NEWSWIRE) — A clinical nutrition product improves a affected person’s well being. Necessary dietary supplements corresponding to minerals, nutritional vitamins, and different vitamins assist within the enchancment of the metabolic system. Clinical vitamin diagnoses and treats issues that affect dietary consumption, intestinal absorption, and metabolism and promote well being via diet-related illness prevention.

There is an increase within the demand for medical vitamin owing to a rise in continual and lifestyle-related illnesses corresponding to inflammatory bowel illness and diabetes mellitus. The improve within the geriatric inhabitants additionally contributes to market progress. Additionally, the rise in R&D investments made by the Government within the healthcare sector drives the event of the medical vitamin market. 

Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/clinical-nutrition-market/request-sample 

Growing Incidences of Chronic and Lifestyle-Associated Diseases Spurs the Global Clinical Nutrition Market

The rising prevalence of continual and life-associated illnesses drives the expansion of the medical vitamin market. According to the WHO, 60% of associated components to particular person well being and high quality of life are correlated to life-style, and tens of millions of individuals comply with an unhealthy life-style. Problems like metabolic illnesses, joint and skeletal issues, cardiovascular illnesses, hypertension, obese, and violence may be brought on by an unhealthy life-style. Several different issues require medical vitamin care, corresponding to anorexia, cachexia, meals allergy, and intolerance of disaccharides. Individuals affected by these syndromes typically have dietary deficiency issues. In latest years, a major rise within the incidence charge of dietary issues has been witnessed throughout the globe. For instance, based on the American Society of Parenteral and Enteral Nutrition, round 150,000 infants and hospitalized sufferers obtain vitamin help yearly within the US.

Furthermore, continual gastrointestinal (GI) illnesses corresponding to peptic ulcers, meals allergy, constipation, diverticulosis, inflammatory bowel illness, and colon most cancers generally end in malnutrition and morbidity. This will enhance the marketplace for medical vitamin. According to the WHO, 4 of each ten adults worldwide endure from useful gastrointestinal issues of various severity. An increase within the variety of nutrition-related illnesses globally is anticipated to drive the marketplace for medical vitamin within the close to future.

Report Scope

Report Metric Details
Market Size USD 60.35 Billion by 2030
CAGR 6.3% (2022-2030)
Historical Data 2019-2020
Base Year 2021
Forecast Period 2022-2030
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Service Type, Vehicle Type, Regions
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Abbott Laboratories, B. Braun Melsungen AG, Danone Nutricia, Baxter International Inc, Fresenius SE & Co. KGaA, Perrigo Company Plc, Pfizer Inc, Lonza Ltd, Nestlé S.A, Hero Nutritionals Inc
Key Market Opportunities Underlying Growth Opportunities in Emerging Economies
Key Market Drivers Rising Incidences of Chronic and Lifestyle-Associated Disease
Growing Geriatric Population

Buy Now Full Report @ https://straitsresearch.com/buy-now/clinical-nutrition-market

 

Underlying Growth Opportunities in Emerging Economies for the Global Clinical Nutrition Market

The rising economies of the Asia-Pacific and LAMEA areas provide profitable progress alternatives for the medical vitamin market on account of improved healthcare infrastructure and elevated demand for higher healthcare. In addition, the rise within the incidence of varied life-style and continual illnesses that develop an issue of malnutrition and dietary points and improve within the analysis required for the event of medical gadgets for medical vitamin of varied diseases corresponding to respiratory, renal and most cancers, have boosted the demand for the medical vitamin market.

Furthermore, a rise within the geriatric inhabitants with an absence of vitamin creates new alternatives for the expansion of the medical vitamin market. According to the Global Data article, in 2020, Asia-Pacific accounted for the utmost variety of older adults, round 226 million. Additionally, the surge in healthcare reforms in creating nations is anticipated to supply remunerative alternatives for market enlargement. An improve in healthcare and R&D investments in India, China, and Brazil additionally spur market progress.

Regional Insights

North America is the most important area and is estimated to develop at a CAGR of 5.5% through the forecast interval. Continuous R&D towards creating new medical vitamin is a outstanding pattern within the North American medical vitamin trade. In addition, for varied continual situations corresponding to coronary artery illness, ischemic stroke, diabetes, and some most cancers indications. The incidence of diabetes has elevated the demand for medical vitamin remedy. Moreover, rising demand for medical vitamin within the pediatric class is anticipated to supply profitable progress alternatives for gamers out there. 

Asia-Pacific is the fastest-growing area. The main components attributing to the expansion of the Asia Pacific medical vitamin market embrace a rise within the prevalence of metabolic issues and neurological illnesses, an increase within the geriatric inhabitants within the Asia Pacific Region, and excessive spending on healthcare. 

Europe is the second-largest area and is projected to achieve USD 17,325 million by 2030, rising at a CAGR of 6.2%. The alarming improve in vitamin remedy and dietary remedy for sufferers identified with metabolic syndrome is a significant driver of the clinical nutrition market on this area. In addition, an increase in consciousness amongst sufferers in European international locations relating to the provision of medical vitamin is anticipated to spice up the market progress. 

Key Highlights

  • The international medical vitamin market was valued at USD 34,825 million in 2021. It is projected to achieve USD 60,350 million by 2030, rising at a CAGR of 6.3% through the forecast interval (2022–2030).
  • Based on route of administration, the worldwide medical vitamin market is assessed into Oral, Enteral, and Parenteral. The Oral route of administration holds the best market share and is estimated to develop at a CAGR of 5.7% through the forecast interval.
  • Based on software, the worldwide medical vitamin market is categorized into Cancer, Neurological Diseases, Gastrointestinal Disorders, and Others. The Gastrointestinal Disorders phase is the best contributor to the market and is estimated to develop at a CAGR of 5.6% through the forecast interval.
  • Based on end-user, the worldwide medical vitamin market is segmented into Pediatric, Adults, and Geriatric. The Pediatric phase is the most important shareholder and is estimated to develop at a CAGR of seven% through the forecast interval.
  • Based on areas, the worldwide medical vitamin market is analyzed throughout North America, Europe, Asia-Pacific, and LAMEA. North America holds the main place out there and is estimated to develop at a CAGR of 5.5% through the forecast interval.

Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/clinical-nutrition-market/request-sample 

Key gamers within the medical vitamin market are

  • Abbott Laboratories
  • B. Braun Melsungen AG
  • Danone Nutricia
  • Baxter International Inc.
  • Fresenius SE & Co. KGaA
  • Perrigo Company Plc
  • Pfizer Inc.
  • Lonza Ltd
  • Nestlé S.A.
  • Hero Nutritionals Inc. 

Global Clinical Nutrition Market: Segmentation

By Route of Administration

  • Oral
  • Enteral
  • Parenteral
  • Parenteral

By Application

  • Cancer
  • Neurological Diseases
  • Gastrointestinal Disorders
  • Metabolic Disorders
  • Others

By End-User

  • Pediatric
  • Adults
  • Geriatric 

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

TABLE OF CONTENT

1          Introduction

1.1       Market Definition

1.2       Market Scope

2          Research Methodology

2.1       Primary Research

2.2       Research Methodology

2.3       Assumptions & Exclusions

2.4       Secondary Data Sources

3          Market Overview

3.1       Report Segmentation & Scope

3.2       Value Chain Analysis: Clinical Nutrition Market

3.3       Key Market Trends

3.3.1   Drivers

3.3.2   Restraints

3.3.3   Opportunities

3.4       Porter’s Five Forces Analysis

3.4.1   Bargaining Power of Suppliers

3.4.2   Bargaining Power of Buyers

3.4.3   Threat of Substitution

3.4.4   Threat of New Entrants

3.4.5   Competitive Rivalry

3.5       Market Share Analysis

4          Type Overview

4.1       Introduction

4.1.1   Market Size & Forecast (Value)

4.2       Infant Formula

4.2.1   Market Size & Forecast (Value)

4.3       Enteral

4.3.1   Market Size & Forecast (Value)

4.4       Parenteral

4.4.1   Market Size & Forecast (Value)

5          End User Overview

5.1       Introduction

5.1.1   Market Size & Forecast (Value)

5.2       Infant

5.2.1   Market Size & Forecast (Value)

5.3       Children

5.3.1   Market Size & Forecast (Value)

5.4       Adult

5.4.1   Market Size & Forecast (Value)

5.5       Geriatric

5.5.1   Market Size & Forecast (Value)

6          Regional Overview

6.1       Introduction

6.1.1   Market Size & Forecast (Value)

6.2      America

6.2.1   North America

6.2.1.1 U.S.

6.2.1.1.1         By Type

6.2.1.1.2         By End User

6.2.1.2 Canada

6.2.1.2.1         By Type

6.2.1.2.2         By End User

6.2.1.3 Mexico

6.2.1.3.1         By Type

6.2.1.3.2         By End User

6.2.2   Latin America

6.2.2.1      By Type

6.2.2.2      By End User

6.2.2.2.1   Brazil

6.2.2.2.1.1      By Type

6.2.2.2.1.2      By End User

6.2.2.2.2   Argentina

6.2.2.2.2.1      By Type

6.2.2.2.2.2      By End User

6.2.2.2.3   Rest of South America

6.2.2.2.3.1      By Type

6.2.2.2.3.2      By End User

6.3      Europe

6.3.1   Market Size & Forecast (Value)

6.3.2   Western Europe

6.3.2.1 UK

6.3.2.1.1         By Type

6.3.2.1.2         By End User

6.3.2.2 Germany

6.3.2.2.1         By Type

6.3.2.2.2         By End User

6.3.2.3 France

6.3.2.3.1         By Type

6.3.2.3.2         By End User

6.3.2.4 Spain

6.3.2.4.1         By Type

6.3.2.4.2         By End User

6.3.2.5 Italy

6.3.2.5.1         By Type

6.3.2.5.2         By End User

6.3.2.6 Rest of Western Europe

6.3.2.6.1         By Type

6.3.2.6.2         By End User

6.3.3   Eastern Europe

6.3.3.1             By Type

6.3.3.2             By End User

6.4      Asia Pacific

6.4.1   Market Size & Forecast (Value)

6.4.2   Japan

6.4.2.1            By Type

6.4.2.2            By End User

6.4.3   China

6.4.3.1            By Type

6.4.3.2            By End User

6.4.4   Australia

6.4.4.1            By Type

6.4.4.2            By End User

6.4.5   India

6.4.5.1            By Type

6.4.5.2            By End User

6.4.6   South Korea

6.4.6.1            By Type

6.4.6.2            By End User

6.4.7   Rest of Asia-Pacific

6.4.7.1            By Type

6.4.7.2            By End User

6.5      Middle East & Africa

6.5.1   The Middle East

6.5.1.1           Market Size & Forecast (Value)

6.5.1.2 Saudi Arabia

6.5.1.2.1         By Type

6.5.1.2.2         By End User

6.5.1.3 UAE

6.5.1.3.1         By Type

6.5.1.3.2         By End User

6.5.1.4 Qatar

6.5.1.4.1         By Type

6.5.1.4.2         By End User

6.5.2   The Africa

6.5.2.1            Market Size & Forecast (Value)

7          Company Profile

7.1       Abbott

7.1.1   Company Overview

7.1.2   Financial Performance

7.1.3   Recent Developments

7.1.4   Product Portfolio

7.2       Nestle

7.2.1   Company Overview

7.2.2   Financial Performance

7.2.3   Recent Developments

7.2.4   Product Portfolio

7.3       Baxter

7.3.1   Company Overview

7.3.2   Financial Performance

7.3.3   Recent Developments

7.3.4   Product Portfolio

7.4       Fresenius Kabi

7.4.1   Company Overview

7.4.2   Financial Performance

7.4.3   Recent Developments

7.4.4   Product Portfolio

7.5       Reckitt Benckiser

7.5.1   Company Overview

7.5.2   Financial Performance

7.5.3   Recent Developments

7.5.4   Product Portfolio

7.6       B Braun. Collaborations

7.6.1   Company Overview

7.6.2   Financial Performance

7.6.3   Recent Developments

7.6.4   Product Portfolio

7.7       Others

7.7.1   Company Overview

7.7.2   Financial Performance

7.7.3   Recent Developments

7.7.4   Product Portfolio

Table of Content and Figure @ https://straitsresearch.com/report/clinical-nutrition-market/toc 

Market News

  • In May 2022, Abbott introduced that the United States District Court for the Western District of Michigan had amended the latest consent decree, permitting Abbott to launch restricted portions of its EleCare® specialty amino acid-based formulation that have been beforehand on maintain following the recall of some powder toddler formulation from its Sturgis, Mich., facility on February seventeenth. Abbott and the U.S. Food and Drug Administration (FDA) requested that the consent decree be altered to permit the enterprise to get EleCare to youngsters in pressing medical want. According to an settlement with the FDA, a number of EleCare product batches have been placed on maintain.

News Media

Development of Dietary Supplements to Spur Eggshell Membrane Market Healthy Growth

Have a Look on the Related Research Report

Specialized Formula Medical Nutrition Market: Information by Type (Infant Medical Nutrition Products), Application (Pediatric/Infants, Geriatric), and Region — Forecast until 2029

Personalized Medicine Market: Information by Product (Personalized Nutrition & Wellness), Application (Disease Treatment) and Region — Forecast until 2029

MMA Equipment, Merchandise, and Nutrition Market: Information by Product (Equipment, Nutrition, and Merchandise) and Region — Forecast until 2029

Mixed Martial Arts Equipment Market: Information by Equipment (Gloves, Guards, Punching Bags, Hand Wraps, Others), Nutritional Supplement, and Region — Forecast until 2026

Dairy Protein Market: Information by Type (Whey Protein, Milk Protein Concentrate), Application (Food and Beverages, Nutrition), Form (Solid, Liquid), and Region – Forecast until 2030

About Straits Research Pvt. Ltd.

StraitsResearch is a market intelligence firm offering international enterprise info experiences and providers. Our unique mix of quantitative forecasting and developments evaluation offers forward-looking perception for 1000’s of decision-makers. Straits Research Pvt. Ltd. offers actionable market analysis knowledge, particularly designed and introduced for determination making and ROI.

Whether you’re looking at enterprise sectors within the subsequent city or crosswise over continents, we perceive the importance of being acquainted with the shopper’s buy. We overcome our purchasers’ points by recognizing and deciphering the goal group and producing leads with utmost precision. We search to collaborate with our purchasers to ship a broad spectrum of outcomes via a mix of market and enterprise analysis approaches.

For extra info in your goal market, please contact us beneath:

Phone: +1 646 480 7505 (the U.S.)

+91 8087085354 (APAC)

+44 208 068 9665 (the U.Okay.)

Email: [email protected]

Follow Us: LinkedIn | Facebook | Instagram | Twitter

https://www.globenewswire.com/news-release/2022/07/21/2484010/0/en/Clinical-Nutrition-Market-Size-is-projected-to-reach-USD-60-35-billion-by-2030-growing-at-a-CAGR-of-6-3-Straits-Research.html

Recommended For You

About the Author: Adrian

Leave a Reply