Enteral Feeding Formulas Market Global Analysis 2025: Abbott, CR Bard, B. Braun Group, Danone, Nestlé, Fresenius Kabi, Shepherd Center, Hormel Foods, Halyard Health, Victus, Inc. , Mead Johnson Nutrition, Aveanna Healthcare
This report also involves all drivers and restrictions for the enteral feeding formulas market which have been derived using SWOT analysis. The report aims to provide an overview of enteral feeding formulas Market along with detailed segmentation of the market by component, device, application, and major global geographical regions.
With segments classified according to the enteral feeding formulas market’s size, growth rate and overall appeal of the market, the study provides company market share analysis to give a comprehensive overview of the key market players.
The CAGR value fluctuation for the enteral feeding formulas market during the 2019-2025 forecast period has been provided in this report. enteral feeding formulas market is expected to witness growth during the forecast period due to growth of demand at the end-user level.
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The global enteral feeding formulas market is expected to reach USD 10.32 billion by 2025, from USD 4.87 billion in 2018 growing at a CAGR of 7.8% during the forecast period of 2019 to 2025.
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
· Critical Care
· On the basis of end users, the market is segmented into
· 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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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
· Hormel Foods, LLC
· Mead Johnson & Company, LLC
· Real Food Blends
· Nutritional Medicinals, LLC
· C. R. Bard, Inc
Other Players Are Halyard Health, 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.
According to the A.S.P.E.N (American Society for Parenteral and Enteral Nutrition), in U.S, many hospitalized patients receives tube feeding. Approximately 245,000 numbers of patients who are admitted to the hospital receive the tube feeding. Thus, it is evident that this market is growing rapidly.
In early stage when at very old age when the person has difficulty in swallowing or unable to eat the food, nutrition was supplied in different ways. People of all age’s group can receive tube feeding, but it is highly preferred in infants and children as well as in old age group patients.
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