Clinical Nutrition Market | Global Outlook and Growth by 2026

Wilmington, June 30, 2020: Axiom Market Research & Consulting™ published a report on global clinical nutrition market which includes study on route of administration, end user, application across various countries of key regions across the globe. The global clinical nutrition market was anticipated to grow at a CAGR of 6.45% for the forecast period 2020 to 2026. The study also covers economic indicators analysis by major countries and COVID-19 impact on clinical nutrition market of respective countries along with GDP, healthcare expenditure, government policies, business investments, key marketing strategies etc. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the clinical nutrition market.

The global clinical nutrition market is analysed on route of administration, end user, application and geography. By route of administration, the market is segmented into oral & enteral and parenteral. paediatric and adults are the major end users of this market. The global clinical nutrition market finds application in malnutrition, metabolic disorders, gastrointestinal diseases, neurological diseases, diabetes, and other diseases. The global clinical nutrition market is studied across major countries of North America, Europe, Asia Pacific and Rest of the World.

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Mounting geriatric and aging population is the major aspect that is advancing the growth of the market for clinical nutrition products globally. Demand for nutrition prescription is boosted by the fact that children are more and more choosing for junk and convenience food, and as such it is going to stimulate progress of the clinical nutrition market. Increasing product lines in nutrition markets, a steady infant birth rate, an aging population and several other factors are driving sales for clinical nutrition products in most of the regions worldwide.

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Asia-Pacific accounts for the fastest growth and is expected to follow the same trend over the forecast period

While North America is estimated to be the largest region for sales of clinical nutrition products, Asia-Pacific has been the fastest-growing region is recent years, which is expected to continue over a foreseeable future, due to an increase in the prevalence of metabolic disorders, a rise in the geriatric population, increasing spending on healthcare. and increasing awareness of nutrition benefits.

Market Players
The key competitors of this market include The key competitors of this market include Abbott Laboratories (U.S.), B. Braun Melsungen AG (Germany), Baxter International (U.S.), Fresenius Kabi AG (Germany), Danone S.A. (France), Otsuka Pharmaceutical Co. Ltd. (Japan), Nestlé S.A. (Switzerland), , Mead Johnson Nutrition Company (U.S.), Victus Inc. (U.S.) among others

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