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Get Industry Research Report of Global Clinical Nutrition Market - Size, Share, Development, Growth and Demand Forecast to 2022

06-28-2018 09:41 AM CET | Health & Medicine

Press release from: P&S Market Research - Consumer Products

Clinical Nutrition Market

Clinical Nutrition Market

The factors driving the growth of the global market include increasing geriatric population, high birth rate and high number of premature birth, surge in the number of victims of malnutrition receiving treatment, surging incidence of lifestyle associated disease, and increasing incidence of cancer and central nervous system diseases. Malnutrition is a widespread problem, affecting the lives of millions of people globally. It is a condition that occurs due to deficiency of essential nutrients in the body.

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The increasing incidence of cancer and central nervous system (CNS) diseases is driving the growth of the global enteral nutrition market. Enteral nutrition products are considered to be one of the best alternatives during the treatment of cancer and CNS diseases, to avoid nutrition deficiency in human body, for optimal functioning of various organs. Cancer can change the metabolism of nutrient uptake in patient’s body, therefore they require good nutrition.

Among the three products, the infant nutrition segment held the largest share in the global clinical nutrition market in 2015. Infant formula products are widely available at supermarkets and through other retail channels. Infant formula is generally available in three formats, including powder, liquid concentrate, and ready-to-feed. Powder and liquid concentrates are generally less expensive, and require mixing or dilution prior to use. On the other hand, ready-to-feed formula is the most convenient format available in the market, and does not require to be diluted with water.

In 2015, Asia-Pacific held the largest share in the global clinical nutrition market with 40.4% share. The region is anticipated to witness rapid growth during the forecast period. The increasing birth rate, along with growing geriatric population and high number of people with malnutrition is driving the growth of the clinical nutrition market in the region. 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.

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Some of the major players operating in the global clinical 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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