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 on: 2024-08-02 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Clinical Nutrition Market Size By Distribution Channel (Retail Stores, Online Channels), By Application (Metabolic Disorders, Cancer, Gastrointestinal Disorders), By Geographic Scope And Forecast
Clinical 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 a branch of nutrition research that focuses on disease treatment through medical nutrition therapy, micronutrient deficits, protein deficiency, and chronic disease prevention. The problem of undernutrition has been wreaking havoc on Indian society and the healthcare system for decades. People are unable to obtain appropriate vitamin and mineral nourishment through their food. Clinical nutrition has ushered in some significant changes in the medical field in terms of disease management. diagnosis,It is an evidence-based nutritional science that focuses on the prevention, and management of chronic diseases which are caused by nutritional deficiencies in a person’s diet as a result of an underlying medical condition or an unhealthy lifestyle. A growing body of evidence shows that clinical problems improve after treatment with Clinical Nutrition Therapies and Scientific Formulas. During the COVID-19 pandemic, there has been an increase in hidden hunger, depriving the Indian population of crucial nutrients.
Clinical nutrition seeks to provide nutrients required for the increased needs of critical situations, as well as to address nutritional deficits in chronic disease patients. Clinical nutrition is the supply of disease-specific nutrition to patients who are unable to take the needed nutrients due to their chronic illnesses via enteral pathways such as the intestine or stomach. These products are also packed with nutrients that help them recuperate faster. Clinical nutrition is the study of how necessary nutrients are broken down, transported, absorbed, and stored in the body. It has been shown to lessen the negative effects of various therapy choices as well as being a useful technique of diagnosis and illness management. The components employed have been thoroughly examined for their scientifically benefits, ensuring that their use improves the clinical condition.
To meet the nutritional needs of the medical condition, it’s critical to choose the correct clinical nutrition product. A clinical nutrition product or supplement is used to enhance a well-balanced meal that may be insufficient in a clinical setting due to decreased absorption, digestion, or feeding route. People are more often hesitant to invest in appropriate nutrition because of financial constraints, resulting in a nutrition gap in their diet, which leads to an imbalance of important nutrients and exacerbation of chronic diseases. Using scientific formulas instead of blenderized food has been demonstrated to minimize hospitalization length of stay and infection rates, resulting in lower total healthcare expenses.
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
The rising prevalence of chronic diseases among children and adults, such as cancer and cardiovascular problems, malnutrition, respiratory diseases, and gastrointestinal ailments, is contributing to an increase in the demand for nutritional support. Malnutrition, vitamin deficiencies, and dehydration are common in patients with neurological disorders. Multiple sclerosis, Parkinson’s disease, and oropharyngeal dysphagia are only a few instances of neurological conditions. Oropharyngeal dysphagia, which is more common in the elderly population, is also seen in dementia patients. Clinical nutrition companies are aiming to make advanced clinical nutritional solutions available to adults and children in order to broaden their customer base and expand their product offerings globally. The ongoing COVID-19 epidemic has increased the demand for clinical nutrition, prompting corporations to invest in fresh research and tactics.
The global market for therapeutic nutrition is expanding as the birth rate rises, the number of malnutrition patients undergoing treatment rises, and the number of premature deliveries rise. In the future years, the global impact of the growing number of baby boomers is likely to be intermediate, as life expectancy is expected to climb with improved health standards. Premature birth rates and high birth rates are expected to increase in the future. The number of premature fatalities is expected to decrease as a result of increased awareness and better facilities. The growing demand for clinical nutrition in the infant category is expected to generate new potential prospects for the global Clinical Nutrition Market.
However, certain factors, such as a lack of awareness of clinical nutrition and strict restrictions, are limiting the market’s growth. The worldwide Clinical Nutrition Market is being held back by the necessity to meet the safety and quality criteria for nutritional therapy. Furthermore, rigorous nutrition supplement regulations and a lack of understanding in emerging markets such as India and China are likely to slow the market’s development rate marginally. Pharmaceutical items include clinical nutritional supplements. The makers should adhere to the US Food and Drug Administration’s (FDA) and European Medicines Agency’s (EMA) rules. The challenges in obtaining permissions from government bodies are a significant challenge.
At the same time, the growing demand for clinical nutrition in the pediatric category is presenting a promising opportunity for the clinical nutrition industry. Over the projection period, increased home care utilization of nutritional products is expected to increase market demand for clinical nutrition. The clinical nutrition industry is expected to develop in the coming years due to the rising trend of prescription-driven nutritional products. The sale of nutrition items has increased in recent years as more children have been noticed eating junk food. However, several limitations, such as a lack of understanding about clinical medical nutrition and strict restrictions, are impeding the market’s expansion.
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
On the basis of Geography, The Global Clinical Nutrition Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. In comparison to other areas, North America contributes significantly to market growth. Clinical nutritional supplies have been in short supply in this region since the emergence of COVID-19. Manufacturers have expanded production and are collaborating with merchants and government organizations to help ensure appropriate availability and continuing access to oral therapeutic nutrition products in the middle of the COVID-19 epidemic. An increase in the prevalence of metabolic illnesses and a rise in the geriatric population are two major reasons driving the clinical nutrition industry forward.
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 |
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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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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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