Press release
Burgeoning Parenteral Nutrition Market: Innovations, Key Players, and Projections for 2024-2029
Parenteral NutritionMarket Growth
What Is The Projected Market Size Of The Global Parenteral Nutrition Market And Its Growth Rate?
• The parenteral nutrition market depicted robust growth in recent years, skyrocketing from $6.77 billion in 2024 to $7.16 billion in 2025, marking a compound annual growth rate (CAGR) of 5.7%. This historic growth was fuelled by rising disposable income, urbanization, and the surge in the obese population.
• A strong growth trajectory is expected to continue with the market size predicted to peak at $9.21 billion in 2029, at a CAGR of 6.5%. Main drivers for this projected growth include a growing elderly population, urbanization, rising disposable income, and an increase in mergers and acquisitions.
What Is Driving The Growth In The Parenteral Nutrition Market?
The rise in malnutrition worldwide is a significant contributor to the growth of the parenteral nutrition market. Malnutrition refers to deficiencies or imbalances in a person's energy or nutrient intake. The rise in premature births leading to immune dysfunction and inadequate nutrition has sparked the need for parenteral nutrition among children and infants. For instance, in May 2023, according to the United Nations International Children's Emergency Fund, nearly half of all deaths in children under 5 are attributable to undernutrition. As a result, the global rise in malnutrition is likely to drive the demand for parenteral nutrition.
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Who Are The Key Players Driving Parenteral Nutrition Market Growth?
The key players operating in the Parenteral Nutrition Market include:
• Fresenius Kabi
• Baxter International Inc.
• B. Braun Melsungen AG
• ICU Medical, Inc.
• Grifols, S.A.
• Otsuka Pharmaceutical Co., Ltd.
• Claris Lifesciences Limited
• Sichuan Kelun Pharmaceutical Co., Ltd.
• JW Pharmaceuticals
• Meiji Holdings Co., Ltd.
• Aculife Healthcare Pvt. Ltd.
• Aspen Pharmacare
• Fresenius SE & Co. KGaA
• Ajinomoto Co., Inc.
• Braun Medical Inc.
• Laboratoires Aguettant
• AnazaoHealth Corporation
• Baxter Healthcare Corporation
• BioScrip, Inc.
• Sichuan Pharmaceutical Co.
• United Pharmaceuticals
• HOPES Pharmaceuticals
• Braun Medical Ltd
• Calea UK
What Are The Key Trends In The Parenteral Nutrition Market?
Key trends in the market include:
• Innovations in product development, such as four-oil lipid injectable emulsion.
• Utilization of artificial intelligence in aesthetics.
• Development of focal radio frequency technology.
• Use of laser-assisted liposuction
• Increase in partnerships and collaborations.
What Are The Segments Of The Global Parenteral Nutrition Market?
The Global Parenteral Nutrition Market is segmented by:
1) Composition: Amino Acids, Fats, Carbohydrates, Trace Elements, Vitamins, Minerals, Other Compositions.
2) Consumer Type: Children and New-born, Adults.
3) End-User: Hospitals, Clinics, Homecare, Other End Users.
Which Region Leads The Parenteral Nutrition Market?
North America ranked as the largest region in the parenteral nutrition market in 2024. Meanwhile, Asia-Pacific is projected to show the fastest growth during the forecast period. The market report provides insights into regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Parenteral Nutrition Market Global Market Report?
- Market Size Analysis: Analyze the Parenteral Nutrition Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Parenteral Nutrition Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Parenteral Nutrition Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Parenteral Nutrition Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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