Enteral Feeding Formulas Market 2024 Projections, Trends and Forecast 2024 - DataM Intelligence | Hormel Food Corp., Danone S.A.

Enteral feeding involves delivering a complete nutritional feed comprising fat, protein, minerals, carbohydrates, water, and vitamins directly to the stomach, duodenum, or jejunum. Different types of tubes are available for administering enteral feed formulas, including gastrostomy, nasojejunal, nasogastric, and jejunostomy tubes. These tubes, typically made of silicone, polyurethane, or PVC, vary in length (ranging from 30 to 43 inches) and diameter.

In addition to tubes, other equipment used for enteral feeding includes administration reservoirs (such as bottles or feed bags), syringes, and enteral pumps. Various administration routes are employed for delivering necessary nutrients, which are both cost-effective and conducive to patient health while minimizing invasiveness.

Enteral feeding is the preferred method for patients experiencing malnutrition due to conditions such as eating disorders (e.g., anorexia nervosa), dysphagia, and stomach infections, among others. This approach ensures patients receive essential nutrients efficiently and effectively.

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Market Dynamics :

The enteral feeding formula market is experiencing a surge in demand due to the increasing therapeutic applications of enteral feeding formulas and the introduction of technologically advanced options. Furthermore, the global rise in the geriatric population and the growing prevalence of preterm births are contributing to market growth.

Rising Incidence of Chronic Disorders:

The market is being driven by the growing prevalence of chronic disorders such as cardiovascular diseases, cancer, diabetes, and Chronic Obstructive Pulmonary Disease (COPD).

According to the International Diabetes Federation, diabetes patients collectively spent US$ 966 billion on healthcare in 2021, representing 9% of total spending on adults. Presently, approximately 537 million adults aged 20-79 are living with diabetes, a figure projected to reach 783 million by 2045. Moreover, the proportion of individuals with type 2 diabetes is increasing globally, with around 541 million adults at heightened risk of developing the condition.

Similarly, the prevalence of cardiac diseases is on the rise, with an estimated 33% of the global population currently affected. This figure is expected to increase to 45% by 2035. Additionally, according to the Centers for Disease Control and Prevention (CDC) of the United States, approximately 47% of the U.S. population has at least one of the risk factors associated with these chronic diseases.

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Market Segmentation :

By Product : Disease-specific Formulas, Standard Formulas.

By Stage : Adults, Pediatrics.

By Flow Type : Intermittent Feeding Flow, Continuous Feeding Flow.

By Application : Oncology, Diabetes, Neurology, Gastroenterology, Critical Care.

By End-User : Hospitals, Homecare Agencies & Hospices, Long-term Care Facilities, Nursing Homes.

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Competitive Landscape

Abbott Laboratories, Fresenius Kabi AG, B. Braun Melsungen AG, Victus, Inc., Hormel Food Corp., Danone S.A., Nestlé S.A., Mead Johnson Nutrition Company, Global Health Products, Inc., Meiji Holdings Co., Ltd., Trovita Health Science, among others.

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Automatic Feeding System Market :- https://www.datamintelligence.com/research-report/automatic-feeding-systems-market

UK and Ireland Automatic Feeding Systems Market : https://www.datamintelligence.com/research-report/uk-and-ireland-automatic-feeding-systems-market

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