Press release
Elderly Nutrition Market on Fast Track: Projected 6.5% CAGR to Push Valuation to USD 44.00 billion by 2034
Elderly Nutrition Market
Polaris Market Research analyzes the elderly nutrition market to witness sustained growth in the coming years. The market was valued at USD 23.08 billion in 2024 and is projected to grow to USD 44.00 billion by 2034. It is anticipated to exhibit a CAGR of 6.5% during 2025-2034.
Market Overview
Elderly nutrition refers to the segment of the health and wellness industry that focuses on the development, production, and distribution of nutritional products and services. These products are services are specifically tailored to meet the dietary needs of the elderly population, typically individuals aged 60 years and above.
As people age, their nutritional needs change due to physiological transformations such as slower metabolism, reduced appetite, impaired nutrient absorption, and increased risk of chronic diseases. Elderly nutrition aims to address these evolving needs through specialized offerings that support healthy aging, improve quality of life, and prevent malnutrition-related complications. Some of the key components of elderly nutrition are functional foods and beverages, dietary supplements, medical nutritional products, and meal replacement products, amongst others.
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Market Drivers
Increasing Use of Nutraceuticals and Dietary Supplements: The market for elderly nutrition is growing rapidly, driven by a growing aging population and rising need for better health support among older individuals. Many seniors struggle to get adequate nutrition from their daily meals due to physiological transformations. As such, they rely on supplements to meet their daily nutritional needs.
Rising Prevalence of Chronic Diseases Worldwide: The prevalence of chronic conditions such as hypertension, diabetes, and cardiovascular diseases increases as the population ages. This increased prevalence demands a greater focus on dietary interventions designed to meet the unique needs of older individuals, boosting the market demand for elderly nutrition.
Competitive Landscape
The competitive landscape is characterized by several companies offering a wide range of products to meet specific dietary requirements. A few of the key players operating in the elderly nutrition market are:
• Otsuka Pharmaceuticals
• Baxter International
• Allergan
• Danone
• Abbott Laboratories
• Pfizer
• Sanofi
• GlaxoSmithKline
• Wockhardt
• Fresenius Kabi AG
• Ranbaxy
• WOCKHARDT
• The Kraft Heinz Company
• Sichuan Kelun Pharmaceutical Company
• Nestle
• Allergan.
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Elderly Nutrition Market Report Highlights
📊 Based on nutrition type, the protein segment dominated the elderly nutrition market share in 2024 due to growing awareness about the importance of protein in maintaining health as people age. Protein is a vital macronutrient essential for maintaining normal bodily functions, such as muscle repair, immune system support, and hormone regulation. As awareness increases, so does the demand for high-quality protein sources suited to the needs of the elderly.
📊 The diabetes segment, by application, is estimated to register the highest CAGR during the forecast period. Elderly individuals suffering from diabetes need carefully planned nutrition to manage their condition and support overall well-being. Within the elderly nutrition market, there is a growing focus on low-sugar, low-carbohydrate products that help regulate blood sugar levels without compromising essential nutrient intake. Tailored nutrition plays a crucial role in improving the quality of life for elderly individuals managing diabetes
📊 North America dominated the global elderly nutrition market revenue share in 2024 due to factors such as rising prevalence of chronic diseases, increasing health awareness, and advancements in nutritional science.
📊 The market in Asia Pacific is expected to register the highest CAGR in the coming years, owing to growing elderly population and rising demand for nutrient-rich products. Elderly individuals often face health challenges such as malnutrition, reduced appetite, chronic conditions, and age-related deficiencies. This drives the demand for nutritional supplements, functional foods, and specialized diets designed to support healthy aging and manage these health issues.
Segmental Analysis
➽ The market segmentation is primarily based on nutrition type, application, distribution channel, patient ages, prescription, and region.
• By nutrition type, the protein segment led the market in 2024, owing to the rising awareness about the importance of protein in maintaining health as individuals age.
➽ Based on application, the diabetes segment accounted for the largest share in 2024, as elderly individuals who have diabetes require well-planned nutrition to manage their condition and support overall well-being.
Elderly Nutrition Market, Nutrition Type Type Outlook (Revenue, USD Billion, 2020-2034)
• Protein
• Minerals
• Multi-vitamins
• Fibers
• Lipids
• Antioxidants
• Iron
• Others
Elderly Nutrition Market, Application Outlook (Revenue, USD Billion, 2020-2034)
• Obesity
• Diabetes
• Renal Failures
• Cancer
• Sarcopenia
• Cognitive Decline
• Physical Frailty
Elderly Nutrition Market, Patient Ages Outlook (Revenue, USD Billion, 2020-2034)
• Below 60
• 60-64
• 65-74
• 75-84
• Above 85
Elderly Nutrition Market, Prescription Outlook (Revenue, USD Billion, 2020-2034)
• Prescribed
• Non-Prescribed
Elderly Nutrition Market, Distribution Channel Outlook (Revenue, USD Billion, 2020-2034)
• Retail Medicine Store
• Hospital pharmacy
• Online
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✅ Regional Assessment
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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