Medical Nutrition Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024: Rising in the prevalence of home Parenteral nutrition therapy by the geriatric population with chronic illnesses such as diabetes, cancer and AIDS is anticipated to boost the growth of market over forecast period.
Global Medical Nutrition Market is valued at USD 878.53Million in 2018 and expected to reach USD 1269.52Million by 2025 with the CAGR of 5.40% over the forecast period.
Scope of Global Medical Nutrition Market Report –
Nutritional medicine is a holistic approach to the interactions of both nutrition and environment on human health. When the body is supplied with the correct balance of foods, vitamins and minerals we remain healthy. All humans are unique in terms of biochemistry, metabolism, anatomy and genetics. The Medical nutrition is a therapeutic configuration which is developed to fulfill the nutritional requirement of the pharmacologically active to the past drugs. The progressing on these medical nutrition terms as the new treatment pattern entails on the fact that nutrients can have an intense effect on metabolic, immunological and other path physiological processes of unhealthy patients. The Medical nutrition is used during diseases like cancer, diabetes, chronic obstructive pulmonary disease (COPD), gastrointestinal disorders, immune system disorders, and others. The Medical nutrition therapy can slow the progression of the chronic disease and may even reverse or stop some of the symptoms are experiencing. An example of this can be seen when a person with type 2 diabetes is able to maintain their blood glucose levels in target ranges, they may experience fewer symptoms associated with unmanaged diabetes such as frequent urination or weight gain. Furthermore, the Medical nutrition therapy may reduce the risk of chronic diseases, such as type 2 diabetes, heart disease and obesity. in addition, effective MNT may help reduce onset or progression of painful diabetic neuropathy.
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Global Medical Nutrition market report is segmented on the basis of Product type, medical condition, distribution channel and by regional & country level. Based on Product type, global medical nutrition market is classified as the Padiatric Nutrition, Parenteral Nutrition, and Enteral Nutrition. Based upon the medical condition, the market is classified as cancers, HIV/AIDS, alzheimer disease, chronic obstructive pulmonary disease, diabetes mellitus, eating disorders, gastrointestinal disorders, immune system disorders, involuntary weight loss, kidney disease, and others. Based upon the Distribution Channel, the market is classified as hospitals pharmacies, retail pharmacies, drug stores, online stores and others.
The regions covered in this Global Medical Nutrition market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of clinical decision support system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Medical Nutrition Market Report-
Global medical nutrition market report covers prominent players like Grifols S.A., GlaxoSmithKline Plc, Abbott Nutrition, B. Braun Melsungen AG, Danone Nutricia, Mead Johnson Nutrition Company, Nestlé, Danisco, Bayer AG, Pfizer Inc., Sanofi Baxter Healthcare Corporation Fresenius Kabi AG and others.
ADM Expands Health & Wellness Capabilities with Agreement to Acquire Probiotics International Limited
Archer Daniels Midland had acquired Probiotics International Limited valued at Euro 185 million with the supply of Probiotics supplements for human, pet, and production animal purpose. The acquisition took place for the expansion and supply of wide range of animal and human nutrition product lines together into a single Nutrition business unit, with the goal of providing better nutrition and improving the quality of life for consumers around the globe. ADM a nutrition platform provider for Health & Wellness business, which includes bioactive, botanical extracts and specialty nutritional oils, including innovative products such as Novatol Vitamin E 1490PH, Onavita, and algal DHA oil.
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Global Medical Nutrition Market Dynamics –
The rapidly increasing age population is now recognized as a global issue of importance as the aging population is increasing in almost all the countries across the world. Furthermore, the geriatric population is more prone to age-related diseases such as nervous disorders, Parkinson’s disease, diabetes, cancer and organ system failure. According to the World Health Organization (WHO) estimated that prevalence of cancer has been increased annually in 2017, about 14.1 million new cases and 8.2 million people are died due to various forms of cancer- related deaths worldwide. One of the major challenges faced by this market is its high cost and lack of awareness for clinical nutrition and stringent regulations are hampering the market growth for Medical nutrition. The advances in biotechnology have culminated in the upset of the medical nutrition market as manufacturers are increasingly concentrating on the research and development of better and customized medical nutrition items in the market. The growing effect of aging population will increase the demand for meals and nutritional counseling in nursing homes, schools, prisons, community health programmers, and home health care agency. The Camborne officials ENU provides them the opportunity to enter into new areas of therapeutic and medical nutrition and provide a foundation for a strong stream of nutrition innovation to support in the growth of ENU customers
Global Medical Nutrition Market Regional Analysis –
Geographically, the medical nutrition market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America is dominating with largest share in medical nutrition due to advancement in science and technology, the government initiatives and relatively more number of health conscious populations. According to the World Health Organization (WHO)geriatric population in 2018, the number of Americans ages more than 65 will rise from an estimated 52 million by 95 Million 2060 in U.S. Asia pacific Medical nutrition market held the largest market share in the industry. Presence of large geriatric population, high and increasing Cancer rates and improving lifestyle and income will drive industry growth in this region. According to the World Health Organization (WHO), developing regions such as Asia Pacific and Middle East accounts for the 65% of global death due to cancer as well as because of surge in population in this area.
Key Benefits for Global Medical Nutrition Market Reports–
Global Medical Nutrition Market report covers in depth historical and forecast analysis.
Global Medical Nutrition Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Medical Nutrition Market report helps to identify opportunities in market place.
Global Medical Nutrition Market report covers extensive analysis of emerging trends and competitive landscape.
Global Medical Nutrition Market Segmentation –
Global Medical Nutrition: By Product Type
Global Medical Nutrition Market: ByMedical Condition
Chronic Obstructive Pulmonary Disease
Immune System Disorders
Involuntary Weight Loss
Global Medical Nutrition Market: By Distribution Channel
Global Medical Nutrition Market: By Regional & Country Analysis
The Middle East and Africa
Rest of Middle East and Africa
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