Top Market Shifts Transforming the Parenteral Nutrition Market Landscape: Key Insights

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What Is the Expected CAGR for the Parenteral Nutrition Market Through 2025?
The size of the parenteral nutrition market has been on a steady increase in the past few years. It is projected to surge from $6.77 billion in 2024 to $7.09 billion in 2025, with a compound annual growth rate (CAGR) of 4.6%. The previously witnessed growth can be linked to factors such as increased disposable income and urbanization, rising rates of obesity, and the escalating preference for noninvasive and minimally invasive aesthetic methods.

What's the Projected Size of the Global Parenteral Nutrition Market by 2029?
The market size for parenteral nutrition is predicted to experience substantial growth in the foroming years, with a projected rise to "$8.96 billion by 2029" and a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this anticipated growth during the forecast period include a growing elderly population, swift urbanization and an increase in disposable income, as well as a rise in mergers and acquisitions. Key trends expected to emerge during this forecast timeframe include the introduction of innovative products, the incorporation of artificial intelligence into aesthetics, advancements in focal radio frequency technology, the adoption of laser-assisted liposuction, and an increase in partnerships and collaborations.

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Top Growth Drivers in the Parenteral Nutrition Industry: What's Accelerating the Market?
The global rise in malnutrition is fuelling the expansion of the parenteral nutrition market. Malnutrition involves an individual's overconsumption, insufficiency or imbalance of energy or nutrients. The rate of premature births, linked to weakened immunity and insufficient nutrition, has elevated the necessity for parenteral nutrition among infants and children. For instance, in May 2023, the United Nations International Children's Emergency Fund, based in the US, reported that nearly 50% of mortality in children under 5 years of age could be attributed to undernutrition. This undernutrition not only increases children's susceptibility to common infections but also enhances the frequency and intensity of such infections and prolongs their recovery period. Consequently, the escalating incidence of malnutrition worldwide is anticipated to accelerate the demand for parenteral nutrition throughout the projected timeline.

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What Are the Key Trends Driving Parenteral Nutrition Market Growth?
A significant trend in the parental nutrition market is the emphasis on product innovation. To broaden their parenteral nutrition offerings, companies are launching novel products like four-oil lipid injectable emulsion. For example, Fresenius Kabi, a pharmaceutical company based in Germany, in March 2022, gained approval from the United States Food and Drug Administration (US FDA) for their SMOFlipid lipid injectable emulsion intended for pediatric parenteral nutrition, encompassing term and preterm neonates. SMOFlipid lipid injectable emulsion, the only four-oil lipid injectable emulsion, includes soybean oil, medium-chain triglycerides, olive oil, and fish oil, a rich source of omega-3 fatty acids, and can be utilized both in hospital and home care environments.

What Are the Main Segments in the Parenteral Nutrition Market?
The parenteral nutrition market covered in this report is segmented -

1) By Composition: Amino Acids, Fats, Carbohydrates, Trace Elements, Vitamins, Minerals, Other Compositions
2) By Consumer Type: Children and New-born, Adults
3) By End-User: Hospitals, Clinics, Homecare, Other End Users

Subsegments:
1) By Amino Acids: Essential Amino Acids, Non-Essential Amino Acids, Specialized Amino Acid Solutions
2) By Fats: Lipid Emulsions (Soybean Oil, Olive Oil, etc.), Fish Oil-Based Lipid Emulsions, Medium-Chain Triglycerides (MCTs)
3) By Carbohydrates: Dextrose Solutions, Maltodextrin, Fructose
4) By Trace Elements: Zinc, Copper, Selenium, Manganese
5) By Vitamins: Water-Soluble Vitamins (B-complex, Vitamin C), Fat-Soluble Vitamins (A, D, E, K)
6) By Minerals: Electrolytes (Sodium, Potassium, Calcium, Magnesium), Phosphorus
7) By Other Compositions: Antioxidants, Additives, Specialty Nutrients

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Which Top Companies are Driving Growth in the Parenteral Nutrition Market?
Major companies 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 Healare Pvt. Ltd., Aspen Pharmacare, Fresenius SE & Co. KGaA, Ajinomoto Co., Inc., Braun Medical Inc., Laboratoires Aguettant, AnazaoHealth Corporation, Baxter Healare Corporation, BioScrip, Inc., Sichuan Pharmaceutical Co., United Pharmaceuticals, HOPES Pharmaceuticals, Braun Medical Ltd, Calea UK

Which Regions Will Dominate the Parenteral Nutrition Market Through 2029?
North America was the largest region in the parenteral nutrition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the parenteral nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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