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Clinical Nutrition Market Size, Share and Growth Analysis 2024-2032
Posted: Feb 22, 2024
The latest report by IMARC Group, titled "Clinical Nutrition Market Report by Product (Infant Nutrition, Parental Nutrition, Enteral Nutrition), Route of Administration (Oral, Enteral, Parenteral), Application (Cancer, Malnutrition, Metabolic Disorders, Gastrointestinal Disorders, Neurological Disorders, and Others), End User (Pediatric, Adults, Geriatric), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the market. The global clinical nutrition market size reached US$ 51.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 101.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.5% during 2024-2032.
Factors Affecting the Growth of the Clinical Nutrition Industry:
- Aging Population:
As individuals are aging, they often face a higher risk of chronic illnesses, including cardiovascular diseases, diabetes, and osteoporosis. This rising healthcare need among the elderly people is catalyzing the demand for specialized clinical nutrition products and services. Moreover, aging is associated with changes in metabolism, digestion, and nutrient absorption. Elderly individuals often require tailored nutrition plans to meet their unique dietary needs. Clinical nutrition solutions help address these requirements effectively. In addition, malnutrition is a common concern among the elderly people due to factors like reduced appetite, difficulty in chewing and swallowing, and chronic illnesses. Clinical nutrition interventions are essential in preventing and managing malnutrition in this demographic.
- Lifestyle Diseases:
The increasing prevalence of lifestyle diseases, such as obesity, type 2 diabetes, cardiovascular diseases, and hypertension, is propelling the growth of the market. Unhealthy dietary habits, including excessive consumption of processed food products, sugary beverages, and high-fat diets, contribute to the development of lifestyle diseases. Clinical nutrition plays a crucial role in managing these conditions by providing tailored dietary guidance and nutritional supplements. Moreover, clinical nutrition is instrumental in both the prevention and management of lifestyle diseases. Nutritional interventions can help individuals make healthier dietary choices, control blood sugar levels, lower cholesterol, and reduce the risk of heart disease.
- Technological Advancements:
Technology, including genetic profiling and artificial intelligence (AI), allows for the customization of clinical nutrition plans based on the unique health profile of individuals. This personalized approach enhances the efficacy of nutrition interventions. In addition, telehealth platforms and digital health applications enable remote monitoring and consultation with nutritionists and dietitians. This technology-driven accessibility is expanding the reach of clinical nutrition services.
For an in-depth analysis, you can request the sample copy of the report: https://www.imarcgroup.com/clinical-nutrition-market/requestsample
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Abbott Laboratories
- Braun Melsungen AG
- BASF SE
- Baxter International Inc.
- Danone S.A.
- Fresenius SE & Co. KGaA
- Grifols S.A.
- Koninklijke DSM N.V.
- Meiji Holdings Co. Ltd.
- Nestlé S.A.
- Perrigo Company plc
- Reckitt Benckiser Group PLC
Clinical Nutrition Market Report Segmentation:
By Product:
- Infant Nutrition
- Parental Nutrition
- Enteral Nutrition
Infant nutrition represents the largest segment due to the importance of early nutrition in infants and the increasing awareness of breastfeeding and formula options among parents.
By Route of Administration:
- Oral
- Enteral
- Parenteral
Oral accounts for the majority of the market share on account of the growing demand for convenient and non-invasive methods of delivering clinical nutrition.
By Application:
- Cancer
- Malnutrition
- Metabolic Disorders
- Gastrointestinal Disorders
- Neurological Disorders
- Others
On the basis of the application, the market has been divided into cancer, malnutrition, metabolic disorders, gastrointestinal disorders, neurological disorders, and others.
By End User:
- Pediatric
- Adults
- Geriatric
Pediatric holds the biggest market share as children have unique nutritional requirements, and clinical nutrition plays a vital role in addressing their specific health needs.
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Asia Pacific enjoys the leading position in the clinical nutrition market owing to its large population, rising healthcare awareness, and increasing prevalence of lifestyle-related diseases.
Global Clinical Nutrition Market Trends:
Plant-based diets and products are gaining traction, leading to the development of clinical nutrition solutions tailored as per this dietary choice.
Additionally, nutrigenomic research is expanding, providing insights into how genetics influences individual responses to nutrition, driving the development of personalized nutrition plans around the world.
Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/clinical-nutrition-market
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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I'm Joey Moore, a seasoned Research Analyst with 5+ years of experience in market research. Expert in data analysis, strategic planning, and industry insights.