The clinical nutrition market is estimated to witness a CAGR of 9.09% to reach US$56,527.603 million in 2024 from US$33,533.793 million in 2018. Clinical nutrition products are aimed at maintaining a nutritional balance in patients, by providing sufficient amounts of nutrients, such as vitamins, proteins, and minerals. It is directly associated with the care of the patient and provides them with adequate clinical foods & various dietary supplements such as vitamins and minerals, and others are used to assist the body from any nutritional deficiencies or metabolic disorders and other conditions. The clinical nutrition market is anticipated to grow at a significant pace owing to the rising incidences of the metabolic disorders along with an increase in malnutrition and obese population. Rising geriatric population susceptible to metabolic disorders will also drive the market for clinical nutrition during the given forecast period.
There are certain products like parental and enteral nutrition products which are used in therapeutic but require government approval, while other medical foods used for nutritional purposes do not need any approval from the government. Furthermore, the lack of awareness regarding clinical nutrition might hamper the growth of the market during the given frame. Stringent regulations pertaining to clinical nutrition solutions will also restrain the growth of the clinical nutrition market.
Increasing cases of chronic and metabolic diseases like diabetes, cancer, etc.
Malnutrition is driving the market growth for the need of clinical nutrition.
Lack of validated information as analysis technology does not fully tell about the problem.
Lack of awareness about clinical nutrition.
In April 2019, Nestle Health Science invested in a global strategic partnership to develop its new cellular nutrient Urolithin A with Amazentis.
In June 2017, Mead Johnson Nutrition merged with Reckitt Benckiser.
In May 2019, Perrigo Nutritionals expanded its business into Adjacent Self-Care category by acquiring the Rainer Global Holding LLC.
The major players profiled in the Clinical Nutrition are B. Braun Melsungen AG, Stepan Company, Nestlé Health Science, Baxter, Abbott, Filament BioSolutions Inc., NUTRICIA, Fresenius Kabi, Mead Johnson Nutrition Company, and Perrigo Nutritionals.
The clinical nutrition market has been analyzed through the following segments:
By Route of Administration
Gastrointestinal (Gi) Diseases
Middle East and Africa