Global Medical Nutrition Market to Hit USD 88.88 Billion, Globally By 2030 at 7.43% CAGR | Infinium Global Research

Infinium Global Research, a premier market research firm, has recently released an in-depth report on the Global Medical Nutrition Market. This comprehensive study delves into the intricate segments and sub-segments of the global and regional medical nutrition market, emphasizing the impact of various drivers, restraints, and macro indicators in both the short and long term. The global medical device packaging market was valued at USD 50.33 Billion in 2022 and is expected to reach USD 88.88 Billion by 2030 and grow at a CAGR of 7.43% over the forecast period.

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Rapid Growth in Per Capita Healthcare Expenditure

The global medical nutrition market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 7.43% between 2023 and 2030. One of the key driving factors is the remarkable surge in per capita expenditure on healthcare over the last few decades. This increase is attributed to improving lifestyles, rising per capita income, enhanced education levels, and growing awareness about various health issues. As a result, both emerging markets and developed countries have made significant strides in developing their healthcare infrastructure.

Critical Role of Medical Nutrition in an Aging World

The world's population is aging at an unprecedented rate. Aging is often associated with various diseases and disorders that tend to worsen with age, leading to longer recovery times. Conditions like diabetes, osteoporosis, and cancer are directly influenced by diet. Furthermore, a significant portion of the geriatric population suffers from cardiovascular, neurological, cancer, diabetes, and orthopedic disorders. Many elderly individuals require surgical interventions or acute care services. As a result, medical nutrition is gaining considerable attention for its role in promoting health and preventing non-communicable diseases among the geriatric population.

Boost in Demand for Medical Nutrition Due to Disease Prevalence

Chronic obstructive pulmonary disease (COPD) is a significant global public health concern, with complications such as partially reversible airway obstruction affecting the nutritional status of patients. Studies suggest that loss of body cell mass is common among patients with end-stage COPD, particularly those with emphysema. Proper medical nutrition can help prevent malnutrition, restore body tissue, and boost energy and immunity. The prevalence of COPD is expected to rise, primarily due to increased smoking rates and aging populations.

Cancer Incidence on the Rise

Cancer incidence and mortality are increasing worldwide, partly due to population growth, aging, and lifestyle changes. Modifiable factors like obesity, smoking, and dietary choices contribute to the risk of cancer. Cancer patients may face taste and appetite alterations, making it challenging to maintain a healthy diet. Malnutrition is common in cancer patients, affecting 40 to 80 percent of them. Medical nutrition support can improve clinical outcomes for these patients, highlighting the demand for medical nutrition products.

Regions with High Potential

Asia-Pacific, Europe, and North America are the most lucrative markets for medical nutrition, offering significant potential for market players. North America is the largest market for medical nutrition, closely followed by Europe. Both regions have witnessed substantial growth, primarily due to the high prevalence of chronic diseases, a growing geriatric population, and government initiatives promoting medical nutrition. The Asia-Pacific region and the Rest of the World (RoW) are emerging as opportunity zones in the IGR-Growth Matrix, driven by increased healthcare spending and rising demand for medical nutrition products.

Leading Players in the Global Market

The key players in the global medical nutrition market include Kate Farms, Inc., Nestlé S.A., GlaxoSmithKline plc., Victus, Inc., Danone SA, Abbott Laboratories, Otsuka Holdings Co., Ltd., Mead Johnson Nutrition Company, Fresenius Kabi AG, B. Braun Melsungen AG, Baxter International Inc., Medtrition, Inc., Meiji Holdings Co., Ltd, and Nutrialys Medical Nutrition SA.

Challenges in Medical Nutrition Market

Medical nutritional products are subject to various directives, standards, and processes in different countries, and each country has a complex and costly governmental approval process. This process can result in delays in manufacturing and sales, creating product supply challenges. The stringent compliance with rules and regulations is likely to be a restraint in the medical nutrition market.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Medical Nutrition Market Highlights

2.2. Medical Nutrition Market Projection

2.3. Medical Nutrition Market Regional Highlights

Chapter 3. Global Medical Nutrition Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1.Drivers

3.2.2.Restraints

3.2.3.Opportunities

3.3. Porter's Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1.IGR-Growth Matrix Analysis by Administration

3.4.2.IGR-Growth Matrix Analysis by Product Source

3.4.3.IGR-Growth Matrix Analysis by End User

3.4.4.IGR-Growth Matrix Analysis by Application

3.4.5.IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Medical Nutrition Market

Chapter 4. Medical Nutrition Market Macro Indicator Analysis

Chapter 5. Global Medical Nutrition Market by Administration

5.1. Parenteral Nutrition

5.2. Enteral Nutrition

5.3. Oral

Chapter 6. Global Medical Nutrition Market by Product Source

6.1. Vegetables

6.2. Fruits

6.3. Others

Chapter 7. Global Medical Nutrition Market by End User

7.1. Infants

7.2. Adults

7.3. Geriatrics

Chapter 8. Global Medical Nutrition Market by Application

8.1. Pediatric Malnutrition

8.2. Diabetes

8.3. Obesity

8.4. Renal Failure

8.5. Sarcopenia

8.6. Cancer

8.7. Others

Chapter 9. Global Medical Nutrition Market by Region 2023-2030

9.1. North America

9.1.1.North America Medical Nutrition Market by Administration

9.1.2.North America Medical Nutrition Market by Product Source

9.1.3.North America Medical Nutrition Market by End User

9.1.4.North America Medical Nutrition Market by Application

9.1.5.North America Medical Nutrition Market by Country

9.2. Europe

9.2.1.Europe Medical Nutrition Market by Administration

9.2.2.Europe Medical Nutrition Market by Product Source

9.2.3.Europe Medical Nutrition Market by End User

9.2.4.Europe Medical Nutrition Market by Application

9.2.5.Europe Medical Nutrition Market by Country

9.3. Asia-Pacific

9.3.1.Asia-Pacific Medical Nutrition Market by Administration

9.3.2.Asia-Pacific Medical Nutrition Market by Product Source

9.3.3.Asia-Pacific Medical Nutrition Market by End User

9.3.4.Asia-Pacific Medical Nutrition Market by Application

9.3.5.Asia-Pacific Medical Nutrition Market by Country

9.4. RoW

9.4.1.RoW Medical Nutrition Market by Administration

9.4.2.RoW Medical Nutrition Market by Product Source

9.4.3.RoW Medical Nutrition Market by End User

9.4.4.RoW Medical Nutrition Market by Application

9.4.5.RoW Medical Nutrition Market by Sub-region

Chapter 10. Company Profiles and Competitive Landscape

10.1.Competitive Landscape in the Global Medical Nutrition Market

10.2.Companies Profiles

10.2.1.Kate Farms, Inc.

10.2.2.Nestlé S.A.

10.2.3. GlaxoSmithKline plc.

10.2.4.Victus, Inc.

10.2.5.Danone SA

10.2.6.Abbott Laboratories

10.2.7. Otsuka Holdings Co., Ltd.

10.2.8.Mead Johnson Nutrition Company

10.2.9. Fresenius Kabi AG

10.2.10.B. Braun Melsungen AG

10.2.11.Baxter International Inc.

10.2.12.Medtrition, Inc.

10.2.13.Meiji Holdings Co., Ltd

10.2.14.Nutrialys Medical Nutrition SA

Chapter 11. Appendix

11.1.Primary Research Findings and Questionnaire

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of medical nutrition.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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