Enteral Feeding Formulas Market 2018 | Report Thoroughgoing Players Like B. Braun Group, Nestlé, Hormel Foods, Fresenius Kabi, Danone, Abbott, Mead Johnson Nutrition, Hormel Foods, Victus, Inc.
The Global Enteral Feeding Formulas Market is expected to reach USD 10.32 billion by 2025, from USD 4.87 billion in 2017 growing at a CAGR of 7.8% during the forecast period of 2018 to 2025.
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Forecasting Analysis on Global Enteral Feeding Formulas Market By Product (Standard Formulas, Disease-Specific Formulas), Application (Oncology, Gastroenterology, Neurology, Diabetes, Critical Care, Others), End Users (Hospitals, Long-Term Care Facilities), Stage (Adults, Pediatrics) and Geography. Some of the major players operating in the global market are
· Nestlé S.A.
· Fresenius Kabi AG
· Danone S.A.
· Victus, Inc.
· Abbott Laboratories
· Meiji Holdings Co., Ltd.
· Global Health Product, Inc.
· Mead Johnson Nutrition Company
· B. Braun Melsungen AG and Hormel Foods, LLC,
· Mead Johnson & Company, LLC,
· Real Food Blends,
Others: Nutritional Medicinals, LLC, C. R. Bard, Inc, Halyard Health, Inc., MOOG INC ,Shield HealthCare, Inc., Apple Discount Drugs, Shepherd Center, Fresenius Kabi India Pvt. Ltd. ,Aveanna Healthcare LLC. amongst others.
The global enteral feeding formulas market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Enteral feeding formulas market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers and Restraints:
· Increasing healthcare expenditure
· Increasing demand for homecare
· Rising geriatric population
· Increase in number of preterm births
· Reimbursements policies
· Growth in healthcare expenditure of developing economies
· increasing demand for personalized medicine
Market Segmentation: Global Enteral Feeding Formulas Market
· The global enteral feeding formulas market is segmented based on product, end user, application, stage, end user and geographical segments.
· Based on product, the market is segmented into
· Standard formulas
· Disease-specific formulas
· The standard formulas segment is further sub-segmented on the polymeric formulas, monomeric formulas. Disease-specific formulas segment is further sub-segmented into diabetic formulas, renal formulas, hepatic formulas, pulmonary formulas and others.
· On the basis of stage, the market is classified into
· On the basis of application, the market is classified into oncology, gastroenterology, neurology, diabetes, critical care and others.
· On the basis of end users, the market is segmented into hospitals, long-term care facilities. Long-term care facilities segment is further sub-segmented into home care agencies and hospices, nursing homes, assisted living facilities.
· Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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The Global Enteral Feeding Devices Market accounted to USD 2.9 billion in 2016 growing at a CAGR of 5.43% during the forecast period of 2017 to 2024.
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