Clinical Nutrition Market Leads By International Top Brands - Fresenius Kabi, Hospira Inc, Perrigo Company Plc and Other By 2027

According to a new report by Market Research Future (MRFR), the Global Market for Clinical Nutrition is anticipated to expand at a staggering CAGR during the forecast period (2016-2027) owing to the growth of the geriatric population worldwide. Clinical nutrition focuses on the development of nutritional products, especially for the population suffering from diseases like chronic obstructive pulmonary disease, gastrointestinal disorders, immune system disorders, liver and kidney diseases, diabetes, cancer, and many more. With increasing age, the digestive framework of a person becomes weak and gets difficult for a human body to digest all the required nutrients. This is in turn affecting the global market positively.

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.

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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 – 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

Latest Industry News

June 2018 Functional Formularies have made a statment recently about an exclusive distribution partnership with Bowers Medical Supply that will make Nourish and Liquid Hope accessible to a great extent in the Canadian market. The products have been created using the Food as Medicine model and are sanctioned by Health Canada; both products will be easily accessible to Canadians who pick a nutritionally whole, organic feeding tube formula. The products can also be used orally. The partnership between Functional Formularies and Bowers Medical Supply will now make the products obtainable under many of the government programs in Canada.

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.

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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.

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.

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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This release was published on openPR.