Medical nutrition market: broken down by type (child nutrition, parental nutrition, elderly nutrition and sports nutrition), by application (child malnutrition, gastrointestinal disorders, cancer, lung disease, etc.), by route of administration (oral, enteral and parenteral) and by region – global industry size, growth, trends, opportunities and forecast (2021-2027)
The Medical Nutrition Market Report includes a detailed analysis of market dynamics, business models, segmental / regional analysis and relevant market shares and strategies adopted by key market players operating worldwide. It includes an in-depth analysis of the factors affecting the global market and market statistics, including regional and segmental market share / growth analysis. The study in the report will review one of the most comprehensive market analyzes covering all aspects of the medical nutrition industry.
Prospects for the medical nutrition industry
Over the forecast period (2021-2027), the global medical nutrition market is expected to reach 6.1%. Medical nutrition meets the needs of patients by strengthening their immune system and improving overall health through optimal nutrition. Medical nutrition plays an important role in the treatment of diseases such as diabetes, gastrointestinal disorders, obesity, cancer, HIV, Alzheimer’s disease and others. The growing trend of vegan diets is expected to intensify over the forecast period.
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Factors affecting the medical nutrition industry during the forecast period:
The population of geriatrics is growing. The need for proper nutrients is a key factor that will drive the growth of the medical nutrition market over the forecast period. In addition, the growing prevalence of chronic diseases such as cancer and cardiovascular disease (CVD) is increasing the demand for medical and nutritional products in developed and emerging economies around the world.
Although several small market players have started offering medical nutrition products, this in turn has led to increased competition among global market players operating in the medical nutrition market.
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However, high prices for medical nutrition products and poor reimbursement policies are some of the factors that will affect the growth of the medical nutrition market over the forecast period.
Impact of COVID-19 on the medical nutrition market:
COVID-19 is a global public health disease that has affected almost all industries. The outbreak of COVID-19 has increased the demand for food to reduce the effects of COVID-19 on the body. In addition, the demand for medical nutrition has increased in the treatment of post-COVID-19 symptoms such as weakness and fatigue. Demand for food supplements such as vitamin A and vitamin D has grown significantly following the worldwide spread of the COVID-19 pandemic. Therefore, the value of the medical nutrition market in 2020 is expected to increase. and will have a positive impact in subsequent years.
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Scope of the report
The report describes a study of medical nutrition based on type, application, and route of administration.
The medical nutrition market was divided by type –
- Child nutrition
- Parental nutrition
- Nutrition in the elderly
- Sports nutrition
The medical nutrition market has been fragmented by application –
- Malnutrition in children
- Gastrointestinal diseases
- Lung diseases
- Other (kidney failure)
The medical nutrition market has been segmented by mode of consumption –
The Medical Nutrition Market: A Regional Perspective
Based on the region, the global medical nutrition market was divided into five geographic regions, namely North America, Asia Pacific, Europe, South America and the Middle East and Africa. 2019 North America has the largest share of the medical nutrition market, followed by Europe and Asia Pacific due to the high prevalence of chronic diseases in the region. In addition, the Asia-Pacific region is projected to have the highest global CAG over the forecast period due to rising consumer awareness of healthy products in the region.
The main competitors in the global medical nutrition market include:
The medical nutrition market is highly fragmented and there are many small players around the world. The vital manufacturers of medical nutrition in the global market are:
- Abbott Laboratories.
- AYMES International Ltd.
- B Braun Melsungen AG
- Baxter International Inc.
- Bayer AG
- Cambrooke Therapeutics Inc.
- Danone SA
- GlaxoSmithKline Plc
- Grifols, SA
- Medifood GmbH
- Nestle SA
- Nutricia and NeoMed
- Otsuka Pharmaceutical Co., Ltd.
- Pfizer Inc.
- Sichuan Kelun Pharmaceutical Co., Ltd.
The Medical Nutrition Market Report provides a detailed analysis of macroeconomic factors and the market attractiveness of each segment. The report will provide a detailed qualitative and quantitative assessment of the segmental / regional perspective, taking into account the presence of market participants in the relevant segment and region / country. The information in the report includes the input segment and region / country. The information in the report includes input.
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