Clinical Nutrition Market Growth Analysis, Regional Outlook Forecast 2021-2027

Precision Business Insights published a research report on “Clinical Nutrition Market by product Type (Vitamins and Minerals, Pre/Probiotic, Amino Acids, Glucose, Lipids, Omega Fatty Acids, Others), by Medical Conditions (Metabolic Disorders, Neurological Disorders, Gastrointestinal Disorders, Eating Disorders, Others), by Route of Administration (Oral, Enteral, Parenteral), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Others) and Geography - Global/Region/Country Forecast to 2027”.

Clinical nutrition is crucial in the treatment of chronic diseases like diabetes, obesity, constipation, malabsorption, and maldigestion, among others. It also aids in the maintenance of a healthy lifestyle, the improvement of appetite and food intake, and the reduction of the danger of vitamin deficiencies and other health problems. Medical nutrition is suggested for patients of all ages, including newborns, adults, and geriatrics, who are at risk for diabetes, obesity, renal failure, chronic diseases, neurological diseases, and other conditions. As a result of these circumstances, the need for medical nutrition has increased.

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The global market for clinical nutrition is expanding as a result of rising birth rates, an increase in the number of malnutrition patients undergoing treatment, and an increase in the number of premature births. In the following years, the global impact of the growing number of baby boomers is likely to be intermediate, as life expectancy is expected to climb with improved health standards. Premature birth rates and high birth rates are expected to have a greater impact in the future. The number of premature fatalities is expected to decrease as a result of increased awareness and better facilities. Growing demand for clinical nutrition in the infant category is expected to generate new potential prospects for the global clinical nutrition market. However, several obstacles, such as a lack of awareness of clinical nutrition and strict regulations, are impeding the market's expansion. At the same time, growing demand for clinical nutrition in the pediatric category is presenting a promising opportunity for the clinical nutrition industry. Over the projection period, it is expected that increased home care utilization of nutritional goods will increase market demand for clinical nutrition. Also, health spending has also been proven to climb faster than economic growth in the majority of countries, maintaining a trend that has been seen for decades. As a result of their extensive applicability, the market is predicted to develop as healthcare spending in the world's main countries rises. Many financial options for clinical nutrition are being offered by governments around the world, as well as private foundations and the worldwide community.

The global clinical nutrition market is categorized on the basis of enteral nutrition type, infant nutrition type, and parenteral nutrition type. Among these, the division of infant nutrition is further divided into milk-based, soy-based, probiotic/prebiotic, organic, and others. Also, the section of enteral nutrition is fragmented into enteral and standard nutrition for chronic illnesses.

Clinical nutritional goods have the greatest market in APAC. The market demand for clinical nutrition products, particularly baby feeding products, is expected to be fueled by countries with high birth rates, such as India and China. According to the World Bank Group, India had the highest birth rate in the APAC area in 2012, followed by China. In the same year, the United Kingdom and France had the highest birth rates in Europe.

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Some of the major key players in the clinical nutrition market are Ajinomoto Co. Inc., Perrigo Company Plc Abbott Nutrition Inc., Baxter International Inc., Danon Baby and Medical Nutrition BV, B. Braun Medical Inc., Fresenius Kabi AG, Hospira (Pfizer) Inc., Gentiva Health Services Inc., Hero Nutritional Inc and Nestle SA.

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