The clinical nutrition market is estimated to reach a market value of US$ 55,014.4 million in 2019 and it is expected to reach US$ 98,520.0 million by 2027, growing at an estimated CAGR of 7.6% over the forecast period.
Clinical Nutrition Markets 2019 Global Industry Research Report provides market size, industry growth, share, development trends, investment plans, business ideas and forecasts by 2025. Scenarios and useful business decisions. The report includes a first-hand study of subjective comprehensive research and quantitative perspectives of key family pioneers for an in-depth understanding of other industry experts, markets and industry practices. The report provides a reasonable picture of the current market situation, including true and expected market estimates in terms of respect and volume of trade, technological advances, macroeconomic and governance factors.
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The need to provide continuous care to elderly population generates demand for various clinical nutrition products. Geriatric population having eating and digestive disorders is a major consumer base of clinical nutrition products worldwide. With rapid expansion of elderly population pool, the demand for enteral and parenteral nutrition will only increase in the coming years. Countries such as U.S., Japan and other industrialized nations are having a large number of baby boomers; in fact, it is estimated that elderly population in U.S. will be more than children population in the near future.
Some of the key participants in global Clinical Nutrition market are Fresenius Kabi, Abbott Laboratories, B.Braun, Baxter, Danone, Mead Johnson, Nestle, Perrigo among others.
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- By Product
- Infant nutrition
- Milk formulas
- Soy formulas
- Organic formulas
- Enteral Nutrition
- Standard composition
- Disease specific composition
- Parenteral nutrition
- Amino acids
- Infant nutrition
- By Consumer
- By Geography
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia)
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
- Latin America
- Rest of Latin America
- North America
Key Findings of the Report:
- Infant nutrition market segment held more than 50% of market share in 2018 and is estimated to grow at CAGR of above 9% during the forecast period. Infant nutrition market growth is attributed to increasing adoption of milk formulas in developing countries. A large proportion of demand for infant products comes from China.
- The parenteral nutrition market valued over US$ 5 billion in 2018 and is estimated to grow with CAGR of above 10% over the projection timeframe, owing to the need to provide nutrition to patients with enfeebling diseases and growing geriatric population base. Population suffering from short bowel syndrome, ischemic bowel diseases and GI track disorders are major consumer of paternal nutritional products.
- Population suffering from such diseases require continuous administration of external nutritional fluids. More incidences of these disease will result in more demand for parenteral nutrition.
- Children clinical nutrition market held the largest share in the total industry valuation. Consumption of infant nutrition largely attributes to children nutrition dominance in the industry; moreover, disease or disorder specific nutrition for children also contributes to market growth.
- Asia pacific clinical nutrition market held the largest market share in the industry. Presence of large geriatric population, high and increasing birth rates and improving lifestyle and income will drive industry growth in this region. As estimated, the market should grow with a CAGR of over 10% over the forecast period.
- Key industry participants in global clinical nutrition market are Fresenius Kabi, Abbott Laboratories, B.Braun, Baxter, Danone, Mead Johnson, Nestle, Perrigo among others.
- Partnership, collaboration, expansion and acquisition are some of the strategies adopted by companies to expand their reach and gain competitive advantage.
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The report offers a multi-step view of the Global Clinical Nutrition Market. The first approach focuses through an impression of the market. This passage includes several arrangements, definitions, the chain assembly of the industry in one piece, and the various uses for the global market. This section also integrates an all-inclusive analysis of the different enlargement plans and government strategies that influence the market, its cost assemblies and industrialized processes. The second subdivision of the report includes analytics on the Global Clinical Nutrition Market based on its size in terms of value and volume.
The cost analysis of Clinical Nutrition Market was made considering manufacturing costs, labor costs, raw material and market concentration, suppliers and pricing trends. Other factors such as supply chain, downstream buyers and sourcing strategies have been evaluated to provide a complete and in-depth view of the market. Report buyers will be exposed to market positioning studies in consideration of target audience, brand strategy, and pricing strategy.
As a result of collecting and researching all information using SWOT analysis, there is a vivid picture of the competitive environment in the Clinical Nutrition Market. Openings for future market development have been revealed, and likewise have taken the competitive advantage. The drift and propensity of this market has been taken into account, which shows that the strategic direction is good. Understand the market base and understand the market data using the standards, methodologies and other driving market trends determined for reference.
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