Clinical Nutrition Market 2018-2024: This research reviews the overall clinical nutrition industry, which according to a report by Global Market Insights, Inc., is growing at more than 7% CAGR during 2017 and 2024 to hit the $80bn revenue mark.
- Increasing metabolic disorders and other chronic diseases
- Junk food habits leading to malnourishment in U.S. and Europe
- Rising geriatric population worldwide
- Increasing rate of pre-mature birth & birth rate in Asia Pacific
- Increasing adoption of home healthcare in North America and Europe
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Segmentations covered under Clinical Nutrition Market Report based on Product:
- Infant Nutrition (Milk based, Soy based, Organic formulas & Others)
- Enteral Nutrition (Standard composition & Disease specific composition)
- Parenteral Nutrition (Amino acids, Fats, Carbohydrates & Others)
Key Data Points from Clinical Nutrition Market Analysis:
Growing incidences of chronic diseases such as diabetes and cancer along with increasing number of premature births will drive clinical nutrition market.
Infant nutrition segment held largest revenue share in 2016 and the trend is expected to continue over the forecast timeframe, owing to increasing number of preterm births and growing demand for milk based infant nutrition formula.
Industry players are focusing on developing nutritional solutions capable of providing appropriate nutrition to adult as well as infant population will favor market growth.
Adult consumer segment will witness significant growth over the forecast period owing to growing adoption of unhealthy food habits leading to dearth of essential nutrients as well as large patient population suffering from chronic diseases.
U.S. dominated North America market in 2016 due to high adoption of sedentary lifestyle and unhealthy dietary habits leading to considerable number of people suffering from chronic conditions such as obesity and diabetes.
Regional Data Coverage under Clinical Nutrition Market:
- 1.North America (U.S., & Canada)
- 2.Asia Pacific (Japan, China, India, Australia, & Malaysia)
- 3.Europe (UK, Germany, France, Spain, Italy, & Russia)
- 4.Latin America (Brazil, & Mexico)
- 5.Middle East & Africa (South Africa, UAE, & Saudi Arabia)
Key Company Profiled in this Research Report:
Abbott Laboratories, B Braun Melsungen AG, Baxter International Inc., Danone, Fresenius Kabi, Hospira, Mead Johnson, Nestle, & Perrigo.
Key Chapters Covered:
- Executive Summary
- Clinical Nutrition Industry Insights
- Clinical Nutrition Market, By Product
- Clinical Nutrition Market, By Consumer
- Clinical Nutrition Market, By Region
- Company Profiles
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