Global Clinical Nutrition Market Size By Distribution Channel (Retail Stores, Online Channels), By Application (Metabolic Disorders, Cancer, Gastrointestinal Disorders), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationClinical Nutrition Market Size And Forecast
Clinical Nutrition Market size was valued at USD 36.56 Billion in 2022 and is projected to reach USD XX Billion by 2030, growing at a CAGR of 10.18% from 2023 to 2030.
The rise in prevalence of metabolic disorders, increasing healthcare spending, and the expansion of the middle class in emerging nations are all driving the worldwide clinical nutrition industry forward. Furthermore, the market is predicted to rise due to the rising number of senior people and the development of therapeutic nutrition products tailored to this demographic. The Global Clinical Nutrition Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Clinical Nutrition Market Definition
Clinical nutrition is all about using food to help people get better. It's about tackling things like medical nutrition therapy, micronutrient deficits, protein deficiency, and even stopping chronic diseases before they start. Undernutrition has been a real problem in India for years, putting a strain on both people and the healthcare system. Too many folks just aren't getting the vitamins and minerals they need from their meals. But clinical nutrition is changing things, especially when it comes to managing diseases. It's based on solid science, aiming to prevent and handle chronic illnesses that pop up when people don't get the right nutrients – whether it's because of a medical issue or unhealthy habits. And here's the good newswe're seeing more and more proof that Clinical Nutrition Therapies and Scientific Formulas can really improve health issues. Sadly, the COVID-19 pandemic has made things worse, leading to more "hidden hunger" and robbing many Indians of essential nutrients.
Think of clinical nutrition as giving people exactly what their bodies need when they're dealing with serious illnesses or are in critical condition. It's about fixing nutritional gaps and offering specialized nutrition, especially when someone can't get those nutrients the usual way – like through their intestine or stomach. These special products are packed with extra goodness to help them bounce back faster. Basically, clinical nutrition looks at how our bodies use nutrients – how they're broken down, moved around, absorbed, and stored. It's not just about food; it can also ease the side effects of treatments and even help diagnose and manage diseases. Plus, the ingredients used are heavily researched, so you know they're scientifically proven to actually help improve someone's health.
Picking the right clinical nutrition product is super important for managing your health. Think of these products or supplements as a boost to a healthy meal, especially when your body isn't absorbing nutrients as well as it should, or you're having trouble digesting food, or even if you're getting nutrition through a feeding tube. We know that money can be tight, and it's tempting to cut back on nutrition, but that can lead to gaps in your diet, throwing off the balance of important nutrients and making chronic conditions worse. Interestingly, research shows that using specially designed formulas, instead of just blending up food, can actually help you spend less time in the hospital and lower the risk of infection. This can translate to a noticeable drop in overall healthcare costs.
Good clinical nutrition assistance can help patients achieve better treatment outcomes while also reducing their financial burden. In a nutshell, the management and prevention of chronic health disorders have become considerably more feasible with the involvement of optimal therapeutic nutrition. For the diagnosis and treatment of chronic disorders, the clinical nutrition vertical is progressively being integrated into mainstream medicine. It’s past time to turn our focus to nutraceutical excellence in the cultivation of a healthy nutrition profile and the prevention of some life-threatening chronic disorders.
Global Clinical Nutrition Market Overview
We're seeing more and more kids and adults struggling with long-term illnesses like cancer, heart problems, malnutrition, breathing difficulties, and stomach issues. Because of this, there's a growing need for nutritional support. Malnutrition, vitamin deficiencies, and dehydration are unfortunately common for those with neurological disorders – think multiple sclerosis, Parkinson's, and even swallowing problems like oropharyngeal dysphagia. Oropharyngeal dysphagia, especially prevalent among the elderly, can also affect people with dementia. So, clinical nutrition companies are working hard to develop better nutritional solutions for both adults and children, hoping to reach more people and offer a wider range of products worldwide. And let's not forget, the COVID-19 pandemic has really boosted the demand for clinical nutrition, pushing companies to invest in new research and strategies.
We're seeing the therapeutic nutrition market grow worldwide, and it's thanks to a few thingsmore babies being born, more people needing treatment for malnutrition, and sadly, more premature births. Looking ahead, the aging "baby boomer" generation will probably have a moderate impact globally, mainly because better healthcare means people are living longer. We anticipate both birth rates and the number of premature births will keep going up. Thankfully, we also expect to see fewer premature babies dying because we're getting better at raising awareness and providing better facilities. All this means there's a real opportunity for growth in the clinical nutrition market, especially when it comes to feeding infants.
Okay, so here's the dealthe global Clinical Nutrition Market isn't exactly exploding. What's holding it back? Well, for starters, people aren't always aware of how important clinical nutrition is. Plus, there are some pretty strict rules that make things difficult. You've also got to remember that anything in nutritional therapy needs to be super safe and high-quality. And, in up-and-coming markets like India and China, there's just not a lot of understanding about this stuff, which isn't helping. Since clinical nutrition supplements are considered pharmaceutical items, the folks making them have to jump through hoops to meet the US Food and Drug Administration's (FDA) and European Medicines Agency's (EMA) rules. Let's just say getting approval from government agencies can be a real pain!
Hey, things are looking up for the clinical nutrition world! There's a real buzz around pediatric clinical nutrition, which means a great chance for growth. Plus, more people are using nutritional products for home care, so that's boosting demand too. We're seeing a rise in prescription-driven nutritional products, which should help the industry take off. And let's face it, with more kids reaching for junk food, sales of nutritional goodies are definitely on the upswing. Of course, it's not all sunshine and roses. We've got some hurdles to jump, like people not fully understanding clinical medical nutrition and some pretty strict rules and regulations that are slowing things down a bit.
Global Clinical Nutrition Market Segmentation Analysis
The Global Clinical Nutrition Market is Segmented on the basis of Distribution Channel, Application, And Geography.
Clinical Nutrition Market, By Distribution Channel
- Retail Stores
- Online channels
- Pharmacies and drug stores
Based on Distribution Channel, The market is segmented into Retail Stores, Online channels, and Pharmacies and drug stores. The retail store’s segment is the most dominant and is predicted to increase at a high rate during the study period. Clinical nutrition product accessibility, brand recognition, & easy availability are some of the reasons projected to drive the overall market size. Price and promotion information influence consumers’ purchasing intentions and decisions.
Clinical nutrition is a type of nutraceutical that necessitates medical supervision because it takes into account a patient’s eating habits, metabolic abnormalities, and underlying issues. Few retail establishments provide health tests, educational programs, and dietary understanding to assist clients in overcoming their illnesses. As a result, the aforementioned aspects play an important role in a consumer’s purchasing selections, leading to a segmental increase and, as a result, an improvement in the entire industry scenario.
Clinical Nutrition Market, By Application
- Metabolic disorders
- Cancer
- Gastrointestinal disorders
- Neurological disorders
- Others
Based on Application, The market is segmented into Metabolic disorders, Cancer, Gastrointestinal disorders, Neurological disorders, and Others. The prevalence of metabolic diseases is rising rapidly among adults and the elderly. Diabetes has been a major source of concern in a number of countries. Nutrition is extremely important in the management of metabolic illnesses. In cases of patchy intestinal dysmotility or symptomatic gastric atony reported in diabetic patients with autonomic neuropathy, clinical nutrition such as monosaturated fat and fibre is delivered to patients by Jejunal feeding.
Clinical Nutrition Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
When we look at where clinical nutrition is being used around the globe, we can break it down geographically into regions like North America, Europe, Asia Pacific, and then essentially everywhere else. North America really stands out as a major player driving market growth, though. Ever since COVID-19 hit, getting clinical nutrition products there has been tricky. But manufacturers have stepped up, ramping up production and partnering with retailers and even government groups to make sure people can still get their hands on oral therapeutic nutrition, even in the middle of the pandemic. What's really boosting the whole clinical nutrition scene? Well, more people are dealing with metabolic diseases, and the population is aging – those are two big reasons why it's growing.
Key Players
The “Global Clinical Nutrition Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Abbott Laboratories, B Braun Melsungen AG, Baxter International, Fresenius Kabi, Mead Johnson, Nestle Health Science, Perrigo, Pfizer Inc, Danone, and Hero Nutritionals International. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Development
- In August 2021, Esperer Nutrition has released a line of nutraceuticals for bone and joint health, urinary tract health, immunity, sleep apnea, and pre-diabetic care.
- In February 2021, Tata and Lyle announced the Tata & Lyle Nutrition Centre, a new digital platform that gives food makers fast access to authoritative information on ingredients to assist them solve public health issues.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Abbott Laboratories, B Braun Melsungen AG, Baxter International, Fresenius Kabi, Mead Johnson, Nestle Health Science, and Perrigo. |
SEGMENTS COVERED |
|
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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