Clinical Nutrition Industry 2021
Global Clinical Nutrition Industry 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 Industry. The Clinical Nutrition Industry 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 Industry are Fresenius Kabi, Abbott Laboratories, B.Braun, Baxter, Danone, Mead Johnson, Nestle, Perrigo among others.
Key findings of the report:
Clinical Nutrition Industry 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 Industry 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 Industry 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 Industry By Consumer
Children
Adult
Clinical Nutrition Industry 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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