Clinical Nutrition Market 2021

Global Clinical Nutrition Market is Anticipated to Grow at A CAGR of 7.6% From 2019 to 2027 and Reach US$ 98,520.0 Million by 2027, Due to Rising Incidence of Chronic Diseases

Growing rates of chronic diseases in developed as well as developing countries is expected to drive the global Clinical Nutrition Market. 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.

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Major Key Players:

Key industry participants in global Clinical Nutrition Market are Fresenius Kabi, Abbott Laboratories, B.Braun, Baxter, Danone, Mead Johnson, Nestle, Perrigo among others.

Key findings of the report:

Clinical 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.

Market Segmentation

By Product

Infant nutrition

Milk formulas

Soy formulas

Organic formulas

Others

Enteral Nutrition

Standard composition

Disease specific composition

Parenteral nutrition

Amino acids

Fats

Carbohydrates

Others

Clinical Nutrition Market By Consumer

Children

Adult

Clinical Nutrition Market By Geography

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Norway

Sweden

Benelux Union

Belgium

The Netherlands

Luxemburg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia)

Rest of Asia Pacific

Middle East and Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East and Africa

Latin America

Brazil

Argentina

Rest of Latin America

.…

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Absolute Markets Insights

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