Clinical Nutrition Market Global Production, Demand and Business Outlook 2021 to 2027 - Abbott Nutrition, Nestle Health Science, Baxter Healthcare, BASF SE

The “Clinical Nutrition Market” report 2021-2027 is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The Clinical Nutrition Market is estimated to be valued at USD 51,775.3 million in 2020 and USD 73610.31 million in 2026, registering a 6.04 % CAGR during the forecast period.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Clinical Nutrition market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

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The research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

Top Companies in the Global Clinical Nutrition Market: Abbott Nutrition, Nestle Health Science, Baxter Healthcare, B. Braun Melsungen AG, Nutricia, BASF SE, and Other.

 In September 2019, Nestle SA launched an innovative drink Boost Soothe in the market. It is a clinical nutritional drink specially designed for cancer patients.

Key Market Trend:

Nutritional Support for Metabolic Disorders is Expected to have the Fastest Growth in the Route of Administration Segment

People suffering from metabolic disorders such as diabetes are at high risk of acquiring COVID-19 infection. According to a research article titled Preserving Elective Surgeries in the COVID-19 Pandemic and the Future, 2020 emergency department visits at the University of Rochester Medical Center declined by half, and patients arriving at hospitals have advanced stages major illnesses. Thus, this situation has been common among many hospitals and health systems.

And clinical nutrition is very crucial for managing diabetes to prevent infection and also among those diabetic patients infected with the virus. As a result, many of the manufacturers are introducing new products in the market. For instance, in February 2020, Galen has launched an innovative medical food PKU EASY Microtabs, for people living with the rare, inherited metabolic disorder, phenylketonuria (PKU).

Furthermore, the rising burden of metabolic disorders is also increasing the demand for clinical nutrition. According to International Diabetes Federation 2019, about over 425 million people are living with diabetes and this number is expected to reach 700 million in the year 2045. Hence, the growing burden of metabolic disorder along with the introduction of new products the market is expected to fuel in this segment.

Regional Analysis:

North America holds the Majority Share in the Clinical Nutrition Market and is Expected to Follow the Same Trend over the Forecast Period

North America contributes heavily to the market growth, in comparison to the other regions, in the forecast period. The emergence of COVID-19 has led to the shortages of clinical nutritional products in this region. As per the data provided by the American Society for Parenteral and Enteral Nutrition (ASPEN) as of January 2021, certain parenteral products including Multi-Vitamin Infusion (Adult and Pediatric), Amino Acids, Potassium Acetate Injection, USP, Sodium Acetate Injection, USP, and Sodium Chloride 23.4% Injection are currently at a shortage.

In order to meet the evolving demands driven by new consumer buying behavior in the midst of the COVID-19 pandemic, manufacturers have increased production, and are working with retailers and government agencies to help ensure adequate availability of and continued access to oral clinical nutrition products.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Clinical Nutrition Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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