Top Factors that Drive the Growth of the Medical Nutrition Market - Nestle, Nutricia & NeoMed, Danone, Abbott Nutrition, Mead Johnson Nutrition Co.
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The major factors that are driving the growth of this market are rising incidences of illness globally, premature birth and aging health conscious population. Soaring demand for adequate nutrients due to the changing life style is also contributing to the advancement of the market. However, the factors that are limiting the development of the market are high price and critical reimbursement policies enforced by the governments in various countries. Medical nutrition products contain prebiotics & probiotics that have a focused market such as aging population. These factors are unlocking the door of opportunities for the expansion of this market.
Drivers and Constraints Impacting the Market
With the rising incidences of chronic diseases such as cancer, diabetes, immune system disorder, and more, which requires additional nutrients, the global market for medical nutrition is likely to propel. Also, growing awareness among the people associated with the benefits of medicated beverages and food items are contributing to the market growth. Moreover, changing lifestyle such as over-consumption of alcohol, habitual smoking, relying on fast-food, and extended work hours has resulted in the lack of adequate nutrients. The demand for better quality healthcare facilities and therapy in developed countries are also likely to boost the market growth. Medical nutrition products comprise probiotics and prebiotics that focuses on the aging population. Such factors are likely to unlock the door of opportunities for the market globally.
On the flip side, the high price associated with medical nutrition market products and critical reimbursement policies enforced by the government of several countries are anticipated to retard the market growth in the coming years.
A recent study published in The American Journal of Clinical Nutrition compared the impact of different types of protein supplements on older adults, sarcopenia, and growing population challenged by the loss of muscle and strength, which can affect balance and the ability to perform the simple tasks of everyday life. Researchers have found that protein did not stop lean muscle loss which is caused by inactivity. However, supplements helped to rebuild muscle once the participant’s activities were resumed.
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KEY MARKET SEGMENTS
Medical nutrition Market Analysis is classified according to products and geographies.
Market by Product
• Infant Nutrition
• Prenteral Nutrition
• Enteral Nutrition
Promising Regions & Countries Mentioned In The Medical Nutrition Market Report:
• North America
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