Press release
Enteral Nutrition Market Report Covers Detailed Industry Scope, Future Scenario and Outlook to 2030
The "Enteral Nutrition Market" size is expected to grow from US$ 8,276.93 million in 2022 to US$ 13,204.19 million by 2030; it is estimated to grow at a CAGR of 6.0% during 2022-2030. The growth of the market is attributed to a rise in theprevalence of gastrointestinal diseases and increasing cases of malnutrition and premature births.
There is a surge in the demand for products that help consumers proactively manage their health, especially those focused on specific needs in terms of energy levels, immunity, and disease treatment. Nutritional requirements differ based on the type of illness. Functionality and specific formulations of the enteral and parenteral products do not interfere with the existing treatment provided to patients and help deliver a more precise and enhanced treatment as per the requirement. The macro and micronutrient formulations of enteral and parenteral nutrition and its applications vary based on various diseases, such as cancer and gastrointestinal diseases.
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Companies Profiled in this report includes:
• Nestlé
• Danone S.A.
• Abbott Laboratories
• FrieslandCampina
• Fresenius SE and Co. KGaA
• B. Braun SE
• Dr. Schär AG
• Arla Food
• Reckitt Benckiser
• Perrigo Company PLC
Moreover, pharmaceutical companies provide enteral and parenteral nutrition with individualized (patient-specific) constituents. For example, Impact (offered by Nestle) is a clinically proven nutritional solution for managing patients undergoing major elective surgeries to reduce postoperative complications and hospital stay duration and improve clinical outcomes. Efforts of companies for offering such formulations for unique need will propel the growth of the enteral nutrition market.
Further, a surge in the number of people turning to plant-based food triggers the demand for plant-based nutrition products worldwide. People are more likely to show intolerance to artificial/synthetically sourced ingredients used in higher numbers, which may lead to adverse reactions. Thus, the fewer ingredients, the better the final product. The Innova Consumer Survey 2020 showed that health, diet variety, sustainability, and taste are among the top reasons why people consider plant-based alternatives. According to Abbott, consumers and patients relying on tube feeding are no exception to this trend. The American Medical Association is calling on healthcare facilities to propose plant-based meal options to improve patients' health. States including California, New York, and the District of Columbia have asked hospitals to make healthy, plant-based meals available to all patients. Companies in the enteral nutrition market anticipate that a growing focus on healthy foods would translate into a preference for healthier nutrition products.
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Enteral Nutrition Market Segmentation:
By Product Type:
• General And Disease Specific
Application:
• Gastrointestinal Disorders
• Metabolic/Inborn Errors Of Metabolism
• Food Allergy
• Renal Disease
• Liver Disease
• Oncology
• Neurology
Age Group:
• Adult And Pediatric
Distribution Channel:
• Hospital Pharmacies
• Retail Stores
• E-Commerce
Additionally, various organizations are making efforts to spread awareness of the use of specific nutritional formulations. For instance, the American Society for Parenteral and Enteral Nutrition (called ASPEN) is a US-based medical professional organization that employs dietitians, pharmacists, physicians and assistants, nurses, nurse practitioners, scientists, students, and other health professionals from every field of nutrition to provide clinical nutrition to patients and educate them. Such factors will support the enteral nutrition market growth in the future.
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