Clinical Nutrition Market size of valued USD 32495.97 million in 2020 and anticipated to generate revenue of USD 58746.7 million by end of 2030, with a growing CAGR of 6.1%. Clinical nutritionist helps in examining if a good health of individual consuming adequate amount of nutrients and also the nutrients processed and discarded by the body. The main aim is of providing sufficient amount of nutrition which include, proteins, minerals, carbohydrates fats, fibre and vitamins and also to check energy balance in the body. These nutrients assist for a healthy metabolic system. Professionals evaluate a person’s nutritional needs based on person’s family’s medical history, lifestyle, laboratory tests in order to make recommendations on the diet being followed and adequate nutritional intake. Clinical nutrition is beneficial for patients in health care to deal with sickness, injuries and surgery and for proper recovery. It helps in restoring body tissue, preventing malnutrition, boosting energy and immunity in the body. Diet and nutrition are an important part of handling many health-related problems. A good nutritional intake and healthy eating helps a person to maintain health and well-being.
Market Segmentation:
Based on the route of administration type, the clinical nutrition market is distributed into oral, enteral and parenteral. Based on the application type the market is classified into cancer, neurological Diseases, gastrointestinal Disorders and others. Based on the end user, clinical nutrition market can be segmented into paediatric, adults, and geriatric. By geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia Pacific and ROW.
Market Dynamics and Factors:
Major factors responsible for the grow of clinical nutrition market includes, increasing number of malnutrition victims receiving treatments, growing number of premature births, rise in geriatric population and increase in the patients of using advanced nutritional product. Massive increase in the number of people suffering from chronic conditions such as diabetes and cancer will drive the growth of the market over the forecast timeframe. An unhealthy diet pattern has resulted to increase of obese population. Therefore, adequate amount of nutrition in the diet plays an important. With the help of clinical nutrition, a reduction in obesity can be obtained. Large number of elderly people suffer from digestive problems, loss of appetite, resulting in the consumption of nutrients through enteral and parenteral route thus boosting the market growth. Some other supporting factors for the growth of clinical nutrition market are rising metabolic diseases worldwide and growing trend of home health care services. Stringent regulations regarding to the safety and quality standards is acting as a limitation for the clinical nutrition market. However, rise in R&D investments by the government in healthcare, innovation in the clinical nutrition products, up gradation of the traditional method and improving organic formulas, awareness programs by the government and private institution’s, reimbursement of policies offer as profitable opportunity for the clinical nutrition market in the upcoming years.
Geographic Analysis:
APAC region is dominating and accounted the largest clinical nutrition market share in terms of revenue during the forecast period. The key factors attributing for the growth are increase malnutrition diseases, rise in the metabolic disorders, development in the patient awareness to the clinical nutritional products and rise in the geriatric population. Research by world hunger education service showed that 512 million adults and children consume too few calories, which accounts for over 12% of the total population of Asia. Furthermore, also the occurrence of diabetes in China is also rising rapidly, a major issue for obesity leading to increase in demand of clinical nutrition products. Research by UNFPA (United Nations Fund for Population Activities Asia) and pacific shows that the number of older people in the Asia-Pacific will account to be triple reaching 1.3 billion by 2050. Europe is the second dominating region due to the increase in number of diseases. In North America rising of health issues among geriatric population has resulted in the demand for clinical nutrition. The Centre for diseases control (CDC) has recorded that nearly 35 % of American children consume junk food on a daily basis leading to suffering of health conditions such as obesity, diabetes and cardiovascular diseases. This will further lead to growth in the demand of the clinical nutrition market. Moreover, initiative by the U.S. government to promote a complete nutrition care for the cancer patients is further contributing to the clinical nutrition market growth. LAMEA region has also been expected to show considerable growth rate.
Competitive Scenario:
Some of the key players in clinical nutrition industry include Mead Johnson Nutrition Company, Nestlé SA, Baxter International Inc., H. J. Heinz Company Groupe Danone, Perrigo Company Plc, Abbott Laboratories, B. Braun Melsungen AG among others.
Clinical Nutrition Market Report Scope
Report Attribute | Details |
Analysis Period | 2020–2030 |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Market Size Estimation | Million (USD) |
Growth Rate (CAGR%) | 6.1 % |
| By Route of Administration (Oral, Enteral and Parenteral), By Application (Cancer, Neurological Diseases and Gastrointestinal Disorders), By End Users (Pediatric, Adults and Geriatric) |
Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
Key Companies Profiled | Mead Johnson Nutrition Company, Nestlé SA, Baxter International Inc., H. J. Heinz Company Groupe Danone, Perrigo Company Plc, Abbott Laboratories, B. Braun Melsungen AG among others. |