Clinical Nutrition Market 2018 Eminent Players – Nestle, Fresenius Kabi, Abbott Laboratories, Danone, B Braun, Hospira, Baxter, Mead Johnson, and Perrigo
Clinical Nutrition Market Size By Product [Infant Nutrition (Milk, Soy, Organic), Parenteral Nutrition (Amino Acids, Fats, Carbohydrates), Enteral Nutrition (Standard Composition, Disease Specific Composition)], By Consumer (Child, Adult), Regional Outloo
(EMAILWIRE.COM, August 09, 2018 ) Clinical Nutrition Market size is set to exceed USD 80 billion by 2024; according to a new research report by Global Market Insights.
Increasing prevalence of chronic diseases such as diabetes and cancer along with growing number of preterm births will drive clinical nutrition market over the forecast period. Growth of home healthcare sector leading to rise in demand for home enteral nutrition formulae coupled with favorable reimbursement policies will propel industry growth.
Several initiatives undertaken by government to reduce number of malnourished children along with high birth rates in developing countries such as India will positively impact market size growth. Growing baby boomer population suffering from digestive problems, requiring external supply of food through parenteral or enteral routes will favor industry growth. However, lack of awareness pertaining to clinical nutrition formulae in developing countries of Latin America and stringent regulations in developed nations such as U.S., will hinder growth of clinical nutrition market over the forecast timeframe.
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Enteral nutrition segment is estimated to witness significant growth during the forecast period. Technological advancements in tubing feeds, pumps and access devices used in enteral nutrition coupled with rising number of people suffering from gut dysfunction, mechanical or neurological dysphagia requiring enteral supply of nutrition will drive enteral nutrition segment growth over the coming years. Numerous initiatives undertaken by companies such as Nestle to stimulate adoption of enteral nutrition formulae will positively impact business growth.
Child consumer segment dominated industry in 2016 owing high birth rates in developing countries of Asia Pacific and Africa along with substantial rise in number preterm births. Growing demand for milk based infant nutrition formulae and significant population of malnourished children in countries such as India will drive segment growth over the coming years.
Growing number of preterm births in UK along with high prevalence of chronic diseases will drive UK clinical nutrition market. High adoption of home enteral feeding devices and growing geriatric population base will positively impact industry growth.
Brazil clinical nutrition market will witness lucrative growth over the forecast period owing large patient population base and high number of preterm births. Country’s association with American Society of Parenteral and Enteral Nutrition has surged development of clinical nutrition market in the country. Moreover, presence of associations such as Brazilian Society for Food and Nutrition (SBAN) working towards stimulating adoption of clinical nutrition formulae will favor market growth.
Few notable industry players include Abbott Laboratories, Danone, Baxter International, Hospira, Mead Johnson, Perrigo, Fresenius Kabi, B Braun Melsungen and Nestle. Industry players are focusing on developing superior clinical nutritional solutions targeting adult as well as infant population to expand their product portfolio along with consumer base.
Increasing prevalence of chronic diseases such as diabetes and cancer along with growing number of preterm births will drive clinical nutrition market over the forecast period. Growth of home healthcare sector leading to rise in demand for home enteral nutrition formulae coupled with favorable reimbursement policies will propel industry growth.
Several initiatives undertaken by government to reduce number of malnourished children along with high birth rates in developing countries such as India will positively impact market size growth. Growing baby boomer population suffering from digestive problems, requiring external supply of food through parenteral or enteral routes will favor industry growth. However, lack of awareness pertaining to clinical nutrition formulae in developing countries of Latin America and stringent regulations in developed nations such as U.S., will hinder growth of clinical nutrition market over the forecast timeframe.
Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/1324
Enteral nutrition segment is estimated to witness significant growth during the forecast period. Technological advancements in tubing feeds, pumps and access devices used in enteral nutrition coupled with rising number of people suffering from gut dysfunction, mechanical or neurological dysphagia requiring enteral supply of nutrition will drive enteral nutrition segment growth over the coming years. Numerous initiatives undertaken by companies such as Nestle to stimulate adoption of enteral nutrition formulae will positively impact business growth.
Child consumer segment dominated industry in 2016 owing high birth rates in developing countries of Asia Pacific and Africa along with substantial rise in number preterm births. Growing demand for milk based infant nutrition formulae and significant population of malnourished children in countries such as India will drive segment growth over the coming years.
Growing number of preterm births in UK along with high prevalence of chronic diseases will drive UK clinical nutrition market. High adoption of home enteral feeding devices and growing geriatric population base will positively impact industry growth.
Brazil clinical nutrition market will witness lucrative growth over the forecast period owing large patient population base and high number of preterm births. Country’s association with American Society of Parenteral and Enteral Nutrition has surged development of clinical nutrition market in the country. Moreover, presence of associations such as Brazilian Society for Food and Nutrition (SBAN) working towards stimulating adoption of clinical nutrition formulae will favor market growth.
Few notable industry players include Abbott Laboratories, Danone, Baxter International, Hospira, Mead Johnson, Perrigo, Fresenius Kabi, B Braun Melsungen and Nestle. Industry players are focusing on developing superior clinical nutritional solutions targeting adult as well as infant population to expand their product portfolio along with consumer base.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results