0

Clinical Nutrition Market Expected to Reach $51,128.26 Million by 2028

 
2022
Clinical Nutrition Market

Report Code : A00717

quote The increase in number of patients suffering from chronic diseases, and surge in elderly population fuels the growth of the clinical nutrition market. quote

Onkar Sumant
Manager, Healthcare at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Clinical Nutrition Market by Route of Administration, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028,” the global clinical nutrition market size was valued at $32,495.97 million in 2020, and is projected to reach $51,128.26 million by 2028, registering a CAGR of 6.1% from 2021 to 2028.

Clinical nutrition refers to the nutrition of patients in the healthcare industry or clinical refers to the management of outpatients as well as inpatients in clinics and hospitals. It aims to maintain a healthy energy balance in patients, as well as providing require amounts of other nutrients such as protein, vitamins, minerals, etc. The advantages of clinical nutrition are, it is very effective in treating type 1 or type 2 diabetes and helps one to live better at any age. Clinical nutrition products are outwardly provided to patients who are unable to digest certain nutrients products. These products help in improving metabolisms, digestion, absorption, transportation, storage, and discharge of the human body.

The outbreak of the COVID-19 pandemic has impacted a strong influence on the clinical nutrition products market, as the demand for nutritional management, particularly among children and older population, continues to witness consistent growth. The demand for clinical nutrition products amid the ongoing COVID-19 crisis is on the rise, as consumers are seeking various immunity-boosting alternatives to prevent being infected from the novel coronavirus. Furthermore, patients suffering from SARS-CoV-2 are dealing with nutrition deficiency, which necessitates the use of clinical nutrition products. From the advent of the COVID-19 pandemic, nutritional supplements have been in huge demand, which could also bolster the global market’s growth in the years.

Rise in prevalence of metabolic disorders, high spending on healthcare, and rise of middle class in the emerging economies are expected to boost the market growth in the forecast period. Further, the growing number of elderly population and development of clinical nutrition products specific to ageing population is expected to thrive the market growth. However, lack of awareness for clinical nutrition and stringent regulations are hampering the market growth for clinical nutrition. Conversely, rise in awareness and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the clinical nutrition market growth.

By route of administration, the oral segment held the largest share in 2020 and is anticipated to maintain its dominance during the forecast period, owing to increase in malnourished patients who have malignancy, chronic disease, and/or anorexia and increase in incidences of chronic diseases such as cancer, gastrointestinal disorders and metabolic disorders provides lucrative growth opportunities for Oral Clinical Nutrition market. 

North America accounted for the largest share in 2020, and is anticipated to maintain its dominance from 2020 to 2028, due to high expenditure on R&D, presence of major players & their product availability, and well-established healthcare infrastructure in the region. However, Asia-Pacific is expected to register the highest CAGR during the forecast period, as Governments of Asian countries are investing in the development of healthcare infrastructure

The clinical nutrition market is segmented on the basis of by route of administration, the clinical nutrition market segmented into oral, Enteral and Parental. Further, by application, it is divided into cancer, neurological disorders, metabolic disorders, gastrointestinal disorders and others. By end user, it is segregated into pediatric, adults, and geriatric. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The North America clinical nutrition market accounted for the largest share in 2020 followed by Europe; however, the Asia-Pacific region is anticipated to grow with the highest CAGR 7.20% during the forecast period.

The report provides some of the key players operating in the clinical nutrition market include Abbott Laboratories, B. Braun Melsungen AG, Danone Nutricia, Baxter International Inc., Fresenius SE & Co. KGaA, Perrigo Company Plc, Pfizer Inc., Lonza Ltd, Nestlé S.A., and Hero Nutritionals Inc. and among others.

Key Findings Of The Study

  • By application, the gastrointestinal disorders and metabolic disorders segments collectively accounted for around 67.5% clinical nutrition market share in 2020, with the former constituting around 36.7% share of the global clinical nutrition market in 2020 to 2028. 
  • By route of administration, the enteral segment is anticipated to grow at the CAGR of 7.30% during the analysis period.
  • By end user, the pediatric and geriatric segment held the largest share around 79.6% in 2020 and is anticipated to maintain its dominance throughout the forecast period.
  • By region, the Asia-Pacific market is anticipated to experience 7.20% CAGR during the forecast period.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Clinical Nutrition Market by Route of Administration (Oral, Enteral, and Parental), Application (Cancer, Metabolic Disorders, Gastrointestinal Disorders, Neurological Disorders and Others), and End User (Pediatric, Adult, and Geriatric): Global Opportunity Analysis and Industry Forecast, 2021-2028 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2023

3D Graphene Market

Download Sample
rep-img

Published Date Mar 2023

Membrane Switch Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Clinical Nutrition Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers