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Enteral Nutrition Market Growing Popularity due to Improvement in Techniques
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Between the two types, the standard enteral nutrition segment held the larger share in the global enteral nutrition market. The cost of enteral nutrition products is comparatively lower than parenteral nutrition products. Therefore, enteral nutrition products are preferred over parenteral nutrition products.
In 2015, Asia-Pacific held the largest share in the global enteral nutrition market with 34.1% share. The enteral nutrition market in the region is anticipated to witness the highest growth at a CAGR of 7.0% during the forecast period. The total number of people aged 65 years and above in Asia-Pacific was estimated at 288.0 million in 2010. This number is expected to reach 911.0 million by 2050. Japan has the largest old age population in Asia-Pacific. It is expected that one out of 2.5 people in Japan would be over 60 years by 2050.
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Some of the major players operating in the global enteral nutrition market include Baxter International Inc., Abbott Laboratories, B. Braun Melsungen AG, Nestlé S.A., Groupe Danone, Mead Johnson Nutrition Company, Fresenius Kabi AG, and Perrigo Company Plc.
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