Press release
Clinical Nutrition Market 2018 Grows at Massive CAGR With Key Vendors: Fresenius Kabi, Hospira Inc, Perrigo Company Plc and Other By 2027
Clinical Nutrition is related to handling the nutrition of patients who are in health care. Clinical nutrition primarily covers management of patients in the hospital and clinics i.e. both inpatients & outpatients. It focusses on ensuring that all nutrients are included in the diet plan effectively.According to a Market Research Future report on Clinical Nutrition Market Research Report - Forecast to 2021 states that the sector is expected to grow at an incredible CAGR rate from 2016 to 2021.Increase in population worldwide has led to a high incidence rate of chronic diseases which in turn has led to a rise in the cases of premature death due to diseases that result from living in crowded environments. This scenario has increased favor towards the home healthcare sector and products that supplement nutritional requirement and reduce incidence of such diseases. This change will stimulate the clinical nutrition market size. Rising metabolic disorders have increased cases of malnutrition that may further lead to the development of the clinical nutrition market.
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Latest Industry News
October 2017 Enzymotec has been acquired Frutarom for $168 million. This acquisition will contribute to the expansion in the fields of dietary supplements, designated foods for infants in infant formula, where Frutarom has almost no activity currently, and elderly clinical nutrition in which Frutarom is active.
Clinical Nutrition Market – Key Players
The key players profiled in Clinical nutrition market report include Baxter International Inc., Abbott Laboratories, B. Braun Melsungen AG, Nestlé S.A, GroupeDanone, Mead Johnson Nutrition Company, Fresenius Kabi , Hospira Inc, and, Perrigo Company Plc
Future Drivers and Restraints Impacting the Market
The market is expected to flourish owing to the increasing prevalence of chronic diseases, increasing awareness among people about the use of nutritional products, and high demand for clinical nutritional therapy. Moreover, the prevalence of lifestyle diseases such as addiction to alcohol and smoking, and obesity has mushroomed in recent years which has stimulated the market growth. Clinical nutrition is also becoming a vital field of interest, owing to the important nutrition that has to be provided to the patients during his or her stay at the hospital or nursing home as well as at home.
The global market is also expected to boom due to increasing malnutrition victims, higher birth rate, and increasing number of premature births. The growing demand for clinical nutrition among the infants is estimated to provide opportunities for clinical nutrition market globally.
Meanwhile, lack of awareness among people and strict government regulations, coverage and reimbursement are hindering the market growth for clinical nutrition globally. Marketing of clinical nutrition products is one of the key restraints to the growth of the market. The general perception possesses a threat in communicating the nutritional products developed to treat diseases like Alzheimer’s, diabetes, and obesity. Marketing of such nutritional products is a big challenge for the marketers and is acting as a hindrance to the growth of the global market.
Clinical Nutrition Market – Segments
The market for clinical nutrition market is segmented into the following categories:
On Basis of By Product: Infant Nutrition, Enteral Nutrition, and Parenteral Nutrition.
On Basis of End User: Infants, Adult And Geriatrics.
Clinical Nutrition Market – Regional Analysis
Asia-Pacific held the largest share in the global clinical nutrition market. The region is anticipated to witness rapid growth during the forecast period, followed by Europe and North America respectively. Increasing geriatric population is also expected to propel the growth of the Asia Pacific market.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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