Press release
Oral Clinical Nutrition Supplements Market Expected to Expand at a Steady CAGR of 6.1% through 2026
One pf the other significant factors driving growth in the global oral clinical supplements market is a poor lifestyle with increased alcohol intake, poor diets and so on.
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Additionally, rise of nuclear families is leading to nutrition deficient meals. And, this is further compounded by rise of dual income families. As a result, when both people who are adults in a family work hectic schedules for longer durations, neither wants to take pains to prepare proper meals with fresh ingredients.
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Asia Pacific to Show Significant Growth over the Forecast Period:
Owing to a wide geriatric population, and high levels of malnutrition, the Asia Pacific region will chart a notable CAGR over the forecast period. Growth is also attributable to increase in awareness levels among people, who are experiencing improved standard of living, owing to economies doing well, generating higher levels of disposable income, that support the regional growth. The region is witnessing much demand for oral clinical nutrition supplements. Thus, this region will come up with new opportunities for players to tap into.
The other region that will show strong statistics over the forecast period is the North American region, owing to good levels of awareness, proper healthcare infrastructure with a robust reimbursement policy. Besides, levels of disposable incomes are high, supporting growth in the global oral clinical nutrition supplements market.
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The report by TMR includes a comprehensive profiling of the major pplayers in the global oral clinical nutrition supplements market. Some of these include Danone Nutricia, NUTRICIÓN MÉDICA SL, Meiji Holdings Co., Ltd., Medifood International, Medtrition Inc., GlaxoSmithKline plc, Perrigo Nutritionals, Victus Inc., B Braun, Fresenius Kabi Ltd, Nestle Health Science, Nature's Bounty, Pharmavite, Pfizer Inc., Bayer AG, and others. It is also pertinent to note here that the market landscape is slightly fragmented.
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The market is segmented as:
Product Type
• Standard Formula
• Specialized Formula
Indication
• General Well-being
• Condition Specific
Form
• Liquid
• Semi-solid
• Powder
End User
• Adult
• Geriatric
• Pediatric
Flavor
• Regular
• Flavored
Channel -
• Prescription-based
• Over-the-Counter
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