United States Elderly Nutrition Market is Anticipated to Reach USD 11.04 Million and Growing at a CAGR of 7.05% During Forecast Period 2023 - 2030 | IGR

The Elderly Nutrition Market Research Report Study covers the United States markets with an in-depth analysis of the overall market growth prospects. It also sheds light on the comprehensive competitive landscape of the regional market with a forecast period of 2023 to 2030. The Elderly Nutrition Market Research Report. Further provides a dashboard overview of the key players covering successful marketing strategies, market contribution, and recent developments in historical and current contexts, along with the forecast period 2023 to 2030. The United States elderly nutrition market was valued at USD 6.50 Million in 2022 and is expected to reach USD 11.04 Million by 2030 and grow at a CAGR of 7.05% over the forecast period.

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As the aging population in the United States continues to burgeon, the demand for elderly nutrition is reaching new heights. This comprehensive report sheds light on the market dynamics, demand forecasts, and factors driving or restraining the elderly nutrition market, offering a nuanced understanding of the challenges and opportunities in catering to the nutritional needs of America's seniors.

Market Dynamics: A Demographic Imperative

The report underscores that the rising elderly population is the primary driver for the booming elderly nutrition market in the U.S. With projections indicating a near doubling of Americans aged 65 and older from 52 million in 2018 to 95 million by 2060, the 65-and-older age group's share of the total population is set to rise from 16 percent to 23 percent. Age-related challenges, including decreased sensitivity, side effects to medication, poor dental health, physical difficulty, and memory loss, present hurdles to proper nutrition, leading to an increased demand for elderly nutritional products.

The Disease Burden: A Call for Nutritional Support

Chronic diseases are on the rise among the elderly, with approximately 80% having at least one chronic disease and 77% having at least two. Conditions such as heart disease, cancer, and hypertension are prevalent, affecting the ability of the geriatric population to maintain a balanced diet. The report emphasizes the need for additional nutritional supplements to combat low energy, protein, and micronutrient intake, driving the demand for products catering to the specific needs of the elderly.

Market Challenges and Opportunities: Balancing Act

While the elderly nutrition market is witnessing robust growth, challenges such as the side effects of nutritional supplements pose a restraint. Common side effects include constipation, diarrhea, vomiting, nausea, muscle cramps, shortness of breath, and irregular heartbeat. Identifying potential interactions with medications is crucial to avoiding complications. However, the report also highlights the emergence of online sales channels as a promising avenue for growth, aligning with the aging population's preference for online shopping and the quest for a swift shopping experience.

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Table of Content

Chapter 1. Report Overview

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

Chapter 3. Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.4. Challenges

3.3. PEST-Analysis

3.4. Porter's Diamond Model for the United States Elderly Nutrition Market

3.5. IGR-Growth Matrix Analysis

3.6. Competitive Landscape in the United States Elderly Nutrition Market

Chapter 4. United States Elderly Nutrition Market by Nutrition Type

4.1. Minerals

4.2. Multi-vitamins

4.3. Iron

4.4. Proteins

4.5. Fibers

4.6. Lipids

4.7. Antioxidants

4.8. Other Nutrition Types

Chapter 5. United States Elderly Nutrition Market by Application

5.1. Diabetes

5.2. Obesity

5.3. Renal Failure

5.4. Cancer

5.5. Sarcopenia

5.6. Cancer

5.7. Other Applications

Chapter 6. United States Elderly Nutrition Market by Distribution Channel

6.1. Hospitals

6.2. Retail Drug Store

6.3. Online

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of United States elderly 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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