The clinical nutrition market size is expected to reach USD 87.1 billion by 2030, registering a CAGR of 8.6%, driven by the rising prevalence of preterm births

Acumen Research and Consulting recently published a report titled “Clinical Nutrition Market Report and Regional Forecast, 2022-2030”

TOKYO, Nov. 28, 2022 (GLOBE NEWSWIRE) — The Global clinical nutrition market The size accounted for USD 41.6 billion in 2021 and is expected to occupy a market size of USD 87.1 billion by 2030, growing at a CAGR of 8.6% from 2022 to 2030.

Clinical nutrition market statistics

• Global clinical nutrition market revenue was USD 41.6 billion in 2021 growing at a CAGR of 8.6% from 2022 to 2030

• North America region accounted for 25.2% of clinical nutrition market share in 2021

• Asia-Pacific clinical nutrition market growth is expected to increase at a CAGR of 9.3% from 2022 to 2030

• By product, the oral nutrition segment captures more than 53.9% of the total market share in 2021

• The growing prevalence of chronic and metabolic disorders is driving the market value of clinical nutrition

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Clinical Nutrition Market Report Coverage:

Overview of the clinical nutrition market

Clinical nutrition is the product that feeds patients in the healthcare industry. The goal of clinical nutrition is to help patients maintain a healthy metabolism while providing them with essential nutrients such as vitamins, minerals and proteins. Clinical nutrition offers significant benefits, including its ability to help individuals live healthier lives at any stage and its performance in diabetes management. People unable to absorb or swallow meals are given clinical nutritional supplements.

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Clinical Nutrition Market Trends

The increasing number of people suffering from chronic diseases such as diabetes and cancer, growing preference for more efficient and accurate diagnostic tests, increasing obese population, increasing awareness of health issues, improving Healthcare framework, various scientific and technological activities, as well as because initiatives by supportive government agencies are some of the key factors driving the growth of the clinical nutrition market globally. North America is expected to grow at the fastest rate during the forecast period owing to the availability of a wide range of improved and more accurate disease diagnostic procedures, early acceptance of various sophisticated diagnostics and continuous technological developments in the healthcare sector. Awareness campaigns organized by various organizations are also contributing significantly to the expansion of the regional clinical nutrition market.

Increase in the incidence of chronic diseases and ease of access to various clinical nutrition products to drive the growth of the global clinical nutrition market

The increasing incidence of chronic diseases such as diabetes and cancer, along with numerous government initiatives, are among the major drivers for the growth of the global clinical nutrition market. The increasing occurrence of chronic diseases and nutrient deficiencies is expected to drive the rise of clinical nutrition drugs while creating huge potential for the global clinical nutrition market over the forecast period. Growing demand for improved and more accurate diagnostic processes as the incidence of infectious diseases increases is expected to drive the use of clinical nutrition approaches during the forecast period. Several measures aimed at reducing the cost of curing these disorders are also expected to drive the overall market growth through the forecasted period. The ever-increasing obese population due to poor dietary habits and lack of physical activity is expected to fuel the overall expansion of the market. A considerable number of elderly people are suffering from different digestive and appetite difficulties, requiring enteral or intravenous delivered nutrients, increasing the growth of the market. Malnutrition is the most common problem in premature newborns. The growing number of preterm infants worldwide is propelling the global clinical nutrition industry forward. Growing awareness programs and camps for various chronic diseases conducted by national governments, along with increasing incidence of debilitating diseases, are some of the major reasons for the total expansion of the clinical nutrition market.

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Segmentation of the clinical nutrition market

The global clinical nutrition market has been segmented by Acumen Research and Consulting on the basis of product, consumer, and application. By product, the segment is separated into oral nutrition (milk-based, organic formulas, soy-based and others), enteral nutrition (disease-specific composition and standard composition) and parenteral nutrition (amino acids, carbohydrates and lipids) . According to the clinical nutrition market forecast, the oral nutrition segment is expected to grow significantly over the next few years.

In terms of consumers, the market is categorized into adult, geriatric, and pediatric. Further, the market is bifurcated into cancer, gastrointestinal disorders, neurological diseases, metabolic disorders, and others based on application.

Regional Overview of Clinical Nutrition Market

Based on region, the global clinical nutrition market segmentation is done into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Clinical nutrition industry analysis predicts that North America will provide the most revenue and grow at the fastest CAGR during the forecast period. This expansion is due to the availability of a variety of faster and more efficient disease diagnostic procedures, the early acceptance of many sophisticated diagnostic techniques, and continuous technical improvements in the healthcare industry. Awareness campaigns organized by various organizations are also contributing significantly to the development of the regional clinical nutrition market. Growing interest in more advanced disease diagnostic technologies, along with significant growth in the healthcare industry, is augmenting the growth of the regional market.

In addition, Asia-Pacific is also expected to grow significantly over the projection period owing to a huge patient base and increasing obese population. Some of the key drivers for the expansion of the regional market include infrastructure construction and large and growing discretionary incomes in developing countries.

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Clinical nutrition market players

The clinical nutrition market is highly consolidated, with multiple manufacturers. Company profiles of leading market players contain important company strategies, company overviews and revenue. Some of the major companies in the clinical nutrition market are Abbott Laboratories Inc., American Home Patient Inc., Baxter International Inc., Gentiva Health Services Inc., Hero Nutritionals Inc., Kendall, Mead Johnson & Company, Ajinomoto Co. Inc. , B Braun Melsungen AG, Fresenius Kabi, HJ Heinz Company, Hospira Inc., Lonza Ltd and Nestlé Nutrition.

Questions this report answers

• What was the market size of Clinical Nutrition Market in 2021?

• What will be the CAGR of the Clinical Nutrition Market during the forecast period from 2022 to 2030?

• Who are the key players in the Global Clinical Nutrition Market?

• Which region held the largest Clinical Nutrition market share in 2021?

• What are the key market drivers of Clinical Nutrition Market?

• What is the largest end-user clinical nutrition market?

• What will the clinical nutrition market be worth in 2030?

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