Press release
Virtual health assistants to keep the hopes high for Dysphagia Diet Thickening Agents Market at a CAGR of 5.1%
With recorded sales worth of US$ 19.9 Mn in 2021, the ASEAN dysphagia diet thickening agents market is expected to experience high growth over the forecast period owing to rising ageing population and increasing number of swallowing disorders in the ASEAN region. The dysphagia diet thickening agents market is estimated to expand at a value CAGR of nearly 5.3% from 2022 to 2032. Dysphagia is a disorder that makes it hard to swallow, owing to the loss of muscle control. It could be caused by many conditions and diseases that affect the muscles or nerves in the chest, head, abdomen, or neck. The most common causes are Parkinson's disease and stroke; however, it may also be caused from oral cancer surgery, brain injury (such as traumatic brain injury), or other medical conditions such as amyotrophic lateral sclerosis (ALS).The global dysphagia diet thickening agents market is expected to witness significant growth in the coming years due to the increasing prevalence of dysphagia and the aging population. In addition, the increasing demand for dysphagia-specific products and the increasing awareness about dysphagia management are also driving market growth.
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The dysphagia diet thickening agents market can be segmented into two main categories: liquid thickeners and powder thickeners. Liquid thickeners are products that are added to liquids to increase their viscosity, while powder thickeners are products that are mixed with liquids or pureed foods to increase their viscosity. Dysphagia diet thickening agents are available in a variety of flavors, including fruit, vanilla, and chocolate.
Key Takeaways from Market Study
Demand for powder thickeners by form type for dysphagia diet thickening agents is growing tremendously. The powder form is a readily available substitute for gel-type thickeners for the management of dysphagia in most cases, and the segment is expected to hold a market share of around 82.3% by value in 2022.
Hospital pharmacies are steadily growing because of the availability of adequate supply of broad variety of dysphagia diet thickening agents and well-skilled supported staff. Thus, hospital pharmacies will hold a high market share of 50.1% in 2022
The Indonesia dysphagia diet thickening agents market will account for around 22.6% market share in 2022.
"Increasing prevalence of strokes and swallowing disorders, rising awareness regarding dysphagia in ASEAN countries, and launching of paediatric-specific thickening products will boost the ASEAN dysphagia diet thickening agents market over the coming years," says an analyst of Persistence Market Research.
Market Competition
Key market players promote their products at professional scientific meetings and conferences. This promotional strategy is expected to be highly impactful to enter the market.
Additionally, industry grouping (acquisitions or collaboration/partnership agreements) aims to support the distribution of a wide range of products across economies, and emerging players are extending their partnerships to strengthen their product portfolios.
For instance, in July 2020, Ingredion Incorporated acquired PureCircle Limited in order to strengthen its product portfolio.
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What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the ASEAN dysphagia diet thickening agents market in its latest study, presenting historical demand assessment of 2017 - 2021 and projections for 2022 - 2032.
The research study is based on the form (gel type thickeners, powder thickeners) and distribution channel (hospital pharmacies, retail pharmacies, online pharmacies), across the ASEAN region.
Persistence Market Research's Expertise in Life Sciences and Transformational Health
Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations.
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Know More:
https://www.medgadget.com/2021/08/the-period-between-2025-to-witness-diligent-expansion-of-dysphagia-diet-thickening-agents-market-us-177-1-million.html
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About Us:
Persistence Market Research's Expertise in Life Sciences and Transformational Health
Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.
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