Press release
Clinical Nutrition Market Will Reflect Hugh Growth in Future Say SMI | Major Players Abbott Laboratories, Baxter International Inc., Fresenius Kabi AG, Nestlé S.A., DANONE S.A., B. Braun Melsungen AG, Mead Johnson & Company, LLC., Perrigo Company PLC.
Clinical nutrition is concerned with the diagnosis and treatment of diseases that affect the intake, absorption, and metabolism of dietary constituents. Clinical nutrition also promotes the health by preventing diet-related diseases. As the nutrition plays an important role in the body, deficiency of it could lead to various problems, such as anemia, diabetes, and blood disorder. Clinical nutrition products help to improve metabolism, digestion, absorption, and storage in the human body.Clinical nutrition is a huge domain and is mainly classified into infant, enteral, and parental feeding. Infant nutrition includes products for premature babies with special clinical needs and deserve exceptional nutrition. The major driving factors for growth of clinical nutrition market include increasing prevalence of malnutrition, acute trauma, burns, and eating disorder or major surgery.
Clinical Nutrition Market is estimated to be valued at US$ 4,048.5 million in 2020 and is expected to exhibit a CAGR of 5.5% during the forecast period (2020-2027).
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Competitive Landscape:
Key players operating in the Clinical Nutrition Market include Abbott Laboratories, Baxter International Inc., Fresenius Kabi AG, Nestlé S.A., DANONE S.A., B. Braun Melsungen AG, Mead Johnson & Company, LLC., Perrigo Company PLC.
Market Dynamics
The significant advances related to prebiotics and probiotics are expected to favor the growth of clinical nutrition market. For instance, in 2017, Healthmune+ Junior launched a sachet that blends a prebiotic and probiotic with cocoa powder, along with Wellmune a clinically proven immune-boosting fiber.
Increasing prevalence of obesity and non-communicable disease acts as a driver for growth of the clinical nutrition market. The consumer awareness for positive role of diet plays an important role in disease risk management, which favors the growth of clinical nutrition market. Increased demand for clinical nutrition, due to rising chronic disease, growing number of premature births, and increasing aging population especially in emerging economies is expected to drive the growth of the clinical nutrition market.
Stringent government regulations for approval of clinical nutrition products hamper the growth of clinical nutrition market. The inclusion of probiotics and prebiotics in clinical nutrition is also expected to favor the growth of clinical nutrition market. Efforts by the companies to represent probiotics and prebiotics in different attractive formulations, such as bars, yogurt, and chewing tablets are expected to attract the population towards probiotics and prebiotic products, in turn fueling the growth of clinical nutrition market.
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Market Segmentation:
• Clinical Nutrition Market, By Nutrition Type:
o Enteral Nutrition
- Standard Nutrition
- Disease Specific Nutrition
o Parenteral Nutrition
- Amino Acids
- Carbohydrates
- Vitamins and Minerals
- Others
• Clinical Nutrition Market, By Form:
o Powder
o Liquid
o Others
• Clinical Nutrition Market, By Age Group:
o Infant Nutrition
o Adult Nutrition
o Geriatric Nutrition
• Clinical Nutrition Market, By Application:
o Diabetes
o Cancer
o Critical Care
o Neurological Disorder
o Metabolic Syndrome
o Gastrointestinal Diseases
o Other Applications
• Clinical Nutrition Market, By End User:
o Hospitals
o Ambulatory Surgical Centers
o Long Term Care Facilities
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our team includes analysts that leverage their years of experience and expertise to create accurate and error-free reports.
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