Press release
Enteral Nutrition Market Size Soars to USD 11.48 Billion by 2032, Driven by 10.15% CAGR
According to Value Market Research, the global Enteral Nutrition Market size is anticipated to experience substantial growth, with projections estimating the market size to reach approximately USD 11.48 billion by 2032. This significant increase from USD 4.81 billion in 2023 reflects a robust compound annual growth rate (CAGR) of 10.15% over the forecast period from 2024 to 2032. This growth is driven by the rising prevalence of chronic diseases, an aging population, and the increasing demand for nutritional support in clinical settings. The market's expansion underscores the growing recognition of enteral nutrition's critical role in improving patient outcomes and managing various health conditions.The major players in the Enteral Nutrition market include B. Braun Melsungen AG, Abbott Laboratories, Fresenius Kabi Ag, Danone S.A., Hormel Foods Corporation, Global Health Products Inc., Meiji Holdings Co. Ltd., Reckitt Benckiser Group Plc., Nestle S.A, Victus Inc.
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The global enteral nutrition market is poised for substantial growth, supported by rising healthcare needs, technological advancements, and increasing awareness. With a diverse range of products catering to different protein compositions, forms, age groups, and distribution channels, the market offers significant opportunities for stakeholders. The forecast period from 2023 to 2032 will be crucial for the market's expansion, with regional and segment-specific trends shaping the future landscape.
The global enteral nutrition market has been experiencing significant growth driven by the increasing prevalence of chronic diseases, rising geriatric population, and growing awareness of nutritional support. Enteral nutrition is a vital component of medical nutrition therapy that involves delivering nutrients directly into the gastrointestinal tract, catering to individuals who are unable to consume food orally. This market report provides an in-depth analysis of the enteral nutrition sector, focusing on protein composition, form, age group, distribution channel, and regional trends. The report also covers industry trends, market size, share, growth, estimation, and forecasts from 2023 to 2032.
Market Segmentation
By Protein Composition
Standard Protein Diet: Standard protein diets are formulated to meet the basic nutritional needs of patients and are widely used in enteral nutrition.
High Protein Supplement: High protein supplements are designed for patients with increased protein needs, such as those with muscle wasting conditions or severe illnesses.
Protein for Diabetes Care Patients: Specially formulated proteins for diabetes patients help manage blood sugar levels while ensuring adequate protein intake.
Others: This category includes customized protein blends and specialty products catering to specific medical conditions.
By Form
Powder: Powdered enteral nutrition products are convenient for storage and preparation, making them popular among patients and healthcare providers.
Liquid: Liquid forms of enteral nutrition are ready-to-use and are preferred for their ease of administration and immediate availability.
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By Age Group
Adults (Above 18): This segment includes enteral nutrition products designed for adult patients with various medical conditions requiring nutritional support.
Pediatric (Below 18): Pediatric enteral nutrition is tailored to the unique needs of children and adolescents, addressing growth and developmental requirements.
By Distribution Channel
Hospital Sales: Enteral nutrition products sold through hospitals are typically prescribed and managed by healthcare professionals.
Retail: Retail distribution includes pharmacies and specialty nutrition stores where consumers can purchase enteral nutrition products without a prescription.
Online: Online channels provide convenient access to enteral nutrition products, offering a wide range of options and delivery services.
By Regions
North America: The North American market is driven by advanced healthcare infrastructure, high awareness of enteral nutrition, and a large patient population.
Europe: Europe's market growth is supported by increasing geriatric population, rising prevalence of chronic diseases, and supportive healthcare policies.
Asia-Pacific: The Asia-Pacific region is witnessing rapid growth due to rising healthcare expenditure, improving medical facilities, and increasing awareness about enteral nutrition.
Latin America: Growth in Latin America is fueled by expanding healthcare access and increasing demand for nutritional products.
Middle East & Africa: The Middle East and Africa are experiencing growth due to improving healthcare infrastructure and rising prevalence of chronic diseases.
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Industry Trends
Increasing Prevalence of Chronic Diseases: The rising incidence of chronic diseases such as diabetes, cancer, and gastrointestinal disorders is driving the demand for enteral nutrition products.
Growing Geriatric Population: The aging population requires specialized nutritional support to manage age-related health conditions, contributing to market growth.
Technological Advancements: Innovations in enteral nutrition products, including advanced formulations and delivery systems, are enhancing patient outcomes and driving market growth.
Rising Awareness: Increased awareness about the benefits of enteral nutrition and its role in managing medical conditions is leading to higher adoption rates.
Growth Estimation and Forecast
The market is anticipated to witness significant growth driven by increasing healthcare investments, technological advancements, and a growing patient base. The global enteral nutrition market is projected to reach USD X billion by 2032, with substantial growth in regions such as North America, Europe, and Asia-Pacific.
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Administration of medication & enteral feeding
Introduction
An adequate way to deliver nutrients directly to the gastrointestinal tract is through enteral feeding. This definition applies to orogastric, nasogastric, and gastrostomy tube feeding in this recommendation. For a variety of causes, along with the following, a wide range of kids may need enteral feeding for a short or long time:
Not being able to consume enough nutrientsPoor swallowing or suckingStructural issues with the face or oesophagusAnorexia brought on by…