Press release
Global Enteral Nutrition Market Production and Consumption Professional Analysis (Impact of COVID-19) –Nestle S.A.,Abbott Laboratories ,Danone S.A. ,Braun Melsungen AG ,Otsuka Pharmaceutical Co.
Qualiket Research studied the Global Enteral Nutrition Market 2021 across the analysis period from 2021 to 2027. Global Enteral Nutrition Market was valued at USD 6,773 million in 2020, which expected to reach USD 12,298 Mn by 2027, at a CAGR 6.9% from 2021-2027.Enteral nutrition, also called as tube feeding, refers to any method of feeding which uses the gastrointestinal tract to deliver caloric requirements, including normal oral diet as well as liquid supplements.
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The Increase in government initiatives, investments, and funding for research & development is expected to propel the market growth throughout the forecast period.
For instance, in September 2017, the government of Tanzania had launched the National Multi-sectoral Nutrition Action Plan for 2016-2021 to overcome the problems with malnutrition in the Tanzania. Furthermore, factors such as investments in R&D of novel medical nutritional products targeting various health conditions and funding by various companies operating in nutrition industries are expected to accelerate the growth of global enteral nutrition market growth during this forecast period. For instance, in May 2020, Danone’s nutrition health arm, Nutricia, had invested USD 1.1 million for global nutrition research programme, a clinician-initiated research project in 16 countries across the globe, to define guidelines for nutritional care for COVID-19 patients recovering after intensive care unit admission.
Top key player
• Nestle S.A.,
• Abbott Laboratories
• Danone S.A.
• Braun Melsungen AG
• Otsuka Pharmaceutical Co.
• Bahrain Pharma
• Bionova Lifesciences
• Victus Inc.
• Curtis Health Caps SP
• Johnson & Company
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Impact of COVID-19 on Market
The increase in positive cases of COVID-19 is expected to positively influence the market global enteral nutrition market over the forecast period. Due to increase in use of these nutrients for COVID-19 infected patients. For instance, as per the data published by the American Society of Parenteral and Enteral Nutrition all guidelines & recommendations available for clinical nutrition in critically ill patients also apply for severely infected COVID-19 patients.
Regional Analysis
The Global Enteral Nutrition Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Global Enteral Nutrition Market is registering notable growth in North America and Europe region, due to the availability of highly advanced healthcare facilities, the growing awareness, about chronic illnesses as well as increasingly favorable medical insurance policies are driving growth of these two regions during this forecast period. Also, the large number of enteral nutrition companies, the rise in cases of geriatric population is responsible for growth of the global enteral nutrition market.
Market Taxonomy
By Protein Composition
• Standard Protein Diet
• High Protein Supplement
• Protein for Diabetes Care Patient
• Others
By Form
• Liquid
• Powder
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• E-commerce
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
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Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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