The Insight Partners Latest Research on “Enteral Medical Nutrition Market Forecast to 2028″ Includes COVID-19 Impact and Global Analysis By Indication (Respiratory Disorders, Cancer, Post COVID-19, Gastrointestinal Disorders, Liver Failure, and Others), Nutrition Type (Supplemental and Sole-Source), Form (Powder, Liquid, and Semi-Solid), Product (Standard Protein Diet, High Protein Diet, Fruit Juice Based Oral Nutritional Supplement, and Others), Distribution Channel (Hospital Pharmacies, Retail Stores, and Others), and Age Group [Child (Till 18 Years) and Adults (18+years)]
“Enteral Medical Nutrition Market is expected to grow from US$ 7,803.45 million in 2021 to US$ 11,726.37 million by 2028; it is estimated to grow at a CAGR of 6% from 2022 to 2028. The report highlights the key factors driving the market growth and prominent players with their developments in the market. The growth of the market is primarily attributed to the increase in prevalence of cachexia in patients and rise in prevalence of gastrointestinal diseases. However, the complications related to enteral nutrition hamper the market growth.
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Industry Segments:
Based on indication, the enteral medical nutrition market is segmented into respiratory disorders, cancer, post COVID-19, gastrointestinal disorders, liver failure, and others. The market for the respiratory disorders segment is further segmented into chronic obstructive pulmonary diseases, respiratory failure, cystic fibrosis, and others. The market for the cancer segment is sub-segmented into cancer cachexia, cachexia with COPD, and others. The market for the gastrointestinal disorders is further segmented into bowel obstruction, Crohn’s disease, short bowel syndrome, and others.
Based on nutrition type, the enteral medical nutrition market is bifurcated into supplemental and sole-source. By form, the market is segmented into powder, liquid, and semi-solid. By product, the market is segmented into standard protein diet, high protein diet, fruit juice based oral nutritional supplement, and others. Based on distribution channel, the enteral medical nutrition market is segmented into hospital pharmacies, retail stores, and others. By age group, the market is bifurcated into child (till 18 years) and adults (18+years).
By geography, the global enteral medical nutrition market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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Competitive Landscape
Market leaders operating in the enteral medical nutrition market have undertaken various organic and inorganic growth strategies. The enteral medical nutrition market majorly consists of players such as Abbott Laboratories; Nutricia; Fresenius Kabi AG; B. Braun Melsungen AG; NESTLE S.A.; Meiji Holdings Co., Ltd.; Smartfish AS; DSM; Hormel Foods Corporation; and Global Health Products, Inc.
June-2021: DSM has opened a newly extended premix manufacturing facility in Buk, Poland. The state-of-the-art plant is the latest example of DSM’s ongoing investment into its end-to-end premix capabilities, to serve customers active across Europe, the Middle East and Africa. Buk2 will enable DSM to further improve service levels and reduce lead times, while supporting the development of tailored, purpose-led premix solutions for consumers requiring special care
May-2021: Nutricia bought together leading international experts to introduce Danone Nutricia Campus, a digital resource and training platform for healthcare professionals overseen by an independent not-for-profit foundation
Sept-2020: Global Health Products announced that their nutritional supplements are now available through the Premier Contract. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for Enteral Nutrition
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