The report is titled ‘Clinical Nutrition Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the clinical nutrition market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The clinical nutrition market is expected to grow at a significant rate in the near future.
The global clinical nutrition market was valued US$ 26.9 Bn by the end of 2020 and expected to reach at a value of US$ 42.7 Bn by 2028 with a significant CAGR of 6.0%.
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Clinical Nutrition Introduction
Good food and nutrition have always had a huge significance for the personal health and well-being of any individual. In a similar manner, healthy food and good nutrition can play a great role in speedy recovery of patients suffering from various medical conditions.
The term ‘clinical nutrition’ can be perceived as a discipline which acts towards the prevention, diagnosis and management of nutritional and metabolic changes associated with chronic and acute diseases and medical conditions caused by excess or short of nutrients and energy.
Clinical nutrition consists of the nutritional care of patients suffering with obesity, cardiovascular disease, dyslipidaemias, diabetes, food allergies and intolerances, innate fallacies of metabolism as well as any illness where nutrition holds a crucial role such as stroke, cancer, cystic fibrosis and many others.
Clinical Nutrition Market Dynamics
The surging prevalence of chronic medical conditions among the population, worldwide, such as cardiovascular diseases, diabetes and cancer together with a rising geriatric population base is majorly boosting the demand of clinical nutrition as patients suffering from severe conditions lack few essential nutrients. Owing to which, the global clinical nutrition market is projected to grow substantially in the forthcoming years.
With the same token, the sluggish lifestyle and unhealthy dietary habits is escalating the incidence of obesity among the population, which is further expected to positively fuel the clinical nutrition industry growth. As per the CDC report, adults consumed 11.3% of their entire daily calories from fast food.
Such factors act as a positive factor for the future growth of the clinical nutrition market. Other than that, malnourishment is one of the major problems witnessed in children who are deprived of proper nourishment and care as well as in premature babies. According to the United Nations Food and Agriculture Organization (FAO), around 815 million people of the 7.6 billion people across the globe, or 10.7%, suffered from chronic undernourishment in the year 2016.
In addition to that, the soaring rates of premature births is anticipated to propel the clinical nutrition market growth over the forecast period. However, there are several remote areas which lack the awareness regarding clinical nutrition as well as there are stringent regulations pertinent to clinical nutrition solutions, which is likely to hinder the growth of the global clinical nutrition market over the coming years.
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Clinical Nutrition Market Segmentation
The global clinical nutrition market is segmented on the basis of route of administration, application, end-user, and regions. On the basis of route of administration, the clinical nutrition market is segmented into Oral, Enteral, and Parenteral. On the basis of application, the market is categorized into Cancer, Neurological Diseases, Gastrointestinal Disorders, Metabolic Disorders, and Others. Further, on the basis of end-user, the market is segmented into Pediatric, Adults, and Geriatric.
The research report classifies the global clinical nutrition market based on route of administration, application, end-user, and regions.
By Route of Administration
- Neurological Diseases
- Gastrointestinal Disorders
- Metabolic Disorders
By End User
- North America
- Latin America
- Asia Pacific
- Middle East
Clinical Nutrition Market Key Players
The global clinical nutrition market is dominated by Abbott Laboratories, B. Braun Melsungen AG, Danone Nutricia, Baxter International Inc., Fresenius SE & Co. KGaA, Perrigo Company Plc, Pfizer Inc., Nestlé S.A, Lonza Ltd., and Hero Nutritionals Inc., Ajinomoto Co. Inc., Gentiva Health Services Inc., Mead Johnson & Company, Kendall, and H. J. Heinz Company, among others.
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