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. A number of the players operative within the market are Fresenius Kabi, Abbott Laboratories, B.Braun, Baxter, Danone, Mead Johnson, Nestle, Perrigo among others.
Eating and digestive problems faced by elderly population that require external supply of vital nutrients through enteral or parenteral medium is another major driving factor to market growth. Children clinical nutrition Market held largest share in the clinical nutrition industry. Rising disposable income of parents coupled with growing number of working mothers are major demand driving factors. Moreover, rising preference of infant nutrition products over traditional alternatives in developing and under developed economies is augmenting demand.
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Rising incidences of chronic diseases such as diabetes, respiratory disorders, cancer amongst others, expanding geriatric population base and rising birth rate are some of the major factors driving global Clinical Nutrition Market growth. The need to provide continuous nutrition to patients suffering from chronic diseases will spur demand for nutritional products during the forecast timeframe.
The Global Clinical Nutrition Market is predicted to grow powerfully throughout the forecast amount. The report provides key statistics on the market conditions of key market players and offers key trends and opportunities within the market. Key market players influencing the market are profiled within the study together with their SWOT analysis and market methods.
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- What is major factor which lead this market to next level?
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- Infant nutrition
- Milk formulas
- Soy formulas
- Organic formulas
- Enteral Nutrition
- Standard composition
- Disease specific composition
- Parenteral nutrition
- Amino acids
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- 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
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