Enteral nutrition, commonly referred to as tube feeding, is a feeding technique that utilizes the gastrointestinal (GI) tract to provide the necessary caloric intake, which can be achieved nces like adverse effects and complexities resulting from through normal oral diets or liquid supplements. Nasoenteral, also called as nasogastric feeding tube, is a method where a tube is placed through the nose into the stomach. In contrast, a jejunostomy tube is inserted directly through the skin. Tube feeding formulas are often used in patients with chronic conditions such as stroke, head trauma, and cancer. Additionally, premature infants can benefit from the use of nutritional formula to achieve adequate nutrition and medications.
It is projected that the global enteral nutrition market will have a value of US$ 2,635.9 million in 2022 and experience a CAGR of 5.8% during the projected duration of 2023 to 2030.
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The market growth is anticipated to be propelled by the increasing incidence of chronic diseases during the projected period.
Patients suffering from chronic illnesses are advised to adopt enteral nutrition, as it can help counteract the weakened immune system that affects their eating habits, leading to significant weight loss. Additionally, the escalating incidence of chronic illnesses like diabetes, malnutrition, and chronic kidney disease is anticipated to propel the growth of the global enteral nutrition market in the forecast period.
The International Diabetes Federation (IDF) reported that in 2019, there were 463 million adults aged 20 to 79 worldwide with diabetes. This number is expected to rise to 700 million by 2045, representing a 51.2% increase over the 26-year period. Furthermore, the IDF stated that approximately 374 million individuals globally are currently at an increased risk of developing type 2 diabetes.
In 2018, approximately 17 million new cancer cases were detected, and nearly 9.6 million individuals died from cancer, as reported by Cancer Research UK.
The global enteral nutrition market is experiencing growth due to the increasing occurrence of malnutrition. Feeding America’s 2015 report reveals that in the United States, approximately 2 million individuals, including 13 million children, suffer from starvation.
The market growth is anticipated to be driven during the projected timeframe by the government’s increased initiatives, investments, and funding for research and development.
The government of Tanzania introduced the National Multi-sectoral Nutrition Action Plan (NMNAP) for 2016–2021 in September 2017 to tackle malnutrition concerns in the country. This initiative was carried out in collaboration with the government of Tanzania and the Technical Assistance Program of Nutrition International.
Furthermore, the growth of the global enteral nutrition market is anticipated to be fueled by several factors, including the development of innovative medical nutritional products that cater to different health conditions through research and development investments, and funding provided by companies operating in the nutrition industry.
In May 2020, Nutricia, the nutrition health arm of Danone, provided funding of US$ 1.1 million to support a global nutrition research program led by clinicians, was conducted in 16 nations worldwide. The aim of this program is to establish nutritional care guidelines for COVID-19 patients during their recovery after being admitted to intensive care units (ICUs).
Impact of the Coronavirus (Covid-19) Pandemic
Since the emergence of COVID-19 in December 2019, it has rapidly spread to more than 100 countries worldwide, prompting the World Health Organization (WHO) to declare it a public health emergency. According to the organization’s latest report, as of February 9, 2020, over 106 million people worldwide had been infected with the coronavirus (COVID-19).
The economy can be impacted by COVID-19 in three primary ways, which include direct effects on drug production & demand, distribution channel disruptions & financial repercussions on markets and firms. Many nations, including India, Egypt, Saudi Arabia, China, the U.A.E., and others, are encountering transportation difficulties due to nationwide lockdowns, making it challenging to transport drugs between locations.
Furthermore, there has been a notable rise in the demand for enteral nutritional products amid the pandemic due to the recommendation of nutrition therapy for individuals impacted by COVID-19. Assessing the nutritional status of patients infected with COVID-19 has become increasingly crucial. ASPEN’s (American Society of Parenteral and Enteral Nutrition) published data reveals that all clinical nutrition guidelines and recommendations for critically ill patients also pertain to severely ill COVID-19 patients.
Market Restraints
The enteral nutrition market’s growth is significantly hindered by the adverse effects and complexities resulting from enteral feedings. For instance, if a child has gastroesophageal reflux, forceful enteral feeding could elevate the risk of aspiration or vomiting. Additionally, physical drawbacks such as diarrhea, skin degradation, or anatomic disruptions, as well as mechanical hindrances like dislodged or obstructed feeding tubes, further impede the market’s expansion.
Moreover, a significant obstacle to the expansion of the global enteral nutrition market is the insufficient knowledge about healthcare, diet, and adequate nutrition in low- and middle-income economies.
Prominent Players
Prominent players, including Mead Johnson & Company, LLC, Meiji Holdings Co., Ltd., B. Braun Melsungen AG, Bahrain Pharma, Curtis Health Caps SP, Bionova Lifesciences, Victus Inc., Danone S.A., Otsuka Pharmaceutical Co., Ltd, Nestlé S.A., Global Health Products Inc., Abbott Laboratories, and Fresenius Kabi AG, are operating in the global enteral nutrition market.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐔𝐩 𝐓𝐨 𝟐𝟓% 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/insight/buy-now/1115
| The market size value in 2023 |
Table of Contents with Major Points:
Executive Summary
- Introduction
- Key Findings
- Recommendations
- Definitions and Assumptions
Executive Summary
Market Overview
- Definition of Enteral Nutrition Market
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Trends and Developments
Key Insights
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Enteral Nutrition Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
- Data Sources
- Abbreviations
- Disclaimer
TOC Continued…!
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