Oral Clinical Nutrition Supplement Market Revenue Growth Predicted by 2018-2026 With Top Players Baxter International, Pharmavite, Bayer AG, Church & Dwight, Fresenius Kabi AG
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Global Oral Clinical Nutrition Supplement Market Drivers
New product launches is expected to drive the global oral clinical nutrition supplement market growth. For instance, in April 2018, Abbott launched its new protein Ensure Max, which contains 150-calorie beverage with 30 grams of protein and nine essential amino acids. It is also contains 1 gram of sugar and 22 vitamins and minerals including calcium, Vitamin C, Vitamin D, and Vitamin E.
Furthermore, in April 2019, PRO-DIP launched its oral nutritional supplement (revolutionary pouch), which delivers the nutrients and energy in a small, semi-permeable sachets. These pouches are filled with fruit punched flavored powder, which contains vitamin B, vitamin C, caffeine, Beta-alanine, taurine. These pouches used as an alternative to smokeless tobacco. Hence, production of revolutionary pouches may drive the global oral clinical nutrition supplement market growth.
Key players operating in the oral clinical nutrition supplement market are Baxter International Inc., Pharmavite LLC, Bayer AG, Church & Dwight Co. Inc., Fresenius Kabi AG, Mead Johnson & Company, LLC, Otsuka Pharmaceutical Europe Ltd, Abbott Laboratories, Danone Nutricia, Victus, Inc., Cambrooke Therapeutics, Inc., GlaxoSmithKline plc, and Nestlé S.A.
Global Oral Clinical Nutrition Supplement Market Regional Analysis
On the basis of region, the global oral clinical nutrition supplement market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to hold dominant position in the global oral nutrition supplement market, owing to increase in the collaboration activities by the key players over the forecast period. For instance, in January 2018, Filament BioSolutions, Inc. collaborated with the University of Ottawa and Children’s Hospital of Eastern Ontario (CHEO) for the study and development of the clinical applications of microbiome-based precision nutrition in inflammatory bowel disease (IBD).
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Furthermore, Asia Pacific is also projected to witness significant growth in the global oral clinical nutrition supplement market, owing to new product launches during the forecast period. For instance, in February 2019, Matok V’Kal Company launched its new stamina boosting oral spray (Fit4style) in Asia Pacific region. Fit4style is with the mint flavor and contains only 6 calories and zero caffeine. Hence, it is expected to help maintain stamina.
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