Overview and Scope
Clinical nutrition refers to a field of study that focuses on the prevention, diagnosis, and treatment of nutritional and metabolic abnormalities linked to acute and chronic illnesses, as well as disorders brought on by an imbalance of nutrients and energy. Clinical nutrition focuses on determining if a person is getting enough nutrients and providing their body with the proper kind of nourishment for overall health.
Sizing and Forecast
The clinical nutrition market size has grown strongly in recent years. It will grow from $56.07 billion in 2023 to $60.08 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to aging population, increasing prevalence of chronic disease, increasing awareness of the importance of nutrition, government support for nutrition programs.
The clinical nutrition market size is expected to see strongly grown in the next few years. It will grow to $84.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to personalized nutrition, growing use of nutrigenomics, population health management, global healthcare expansion. Major trends in the forecast period include digital health and telehealth, functional foods and nutraceuticals, probiotics and prebiotics, plant-based and sustainable nutrition, mental health nutrition.
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Segmentation & Regional Insights
The clinical nutrition market covered in this report is segmented –
1) By Product: Infant Nutrition, Parental Nutrition, Enteral Nutrition
2) By Route Of Administration: Oral, Enteral, Parenteral
3) By Application: Cancer, Neurological Diseases, Gastrointestinal Disorders, Metabolic Disorders, Other Applications
4) By End User: Pediatric, Adults, Geriatric
North America was the largest region in the clinical nutrition market in 2023. The regions covered in the clinical nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
The rising geriatric population is anticipated to boost the growth of the clinical nutrition market. The clinical nutrition needs of elderly people are determined by several factors, including specific health conditions and associated impairments of the organ system, the level of activity, energy consumption, and caloric requirements of an individual, the capacity to access, prepare, consume, and digest food, and personal dietary preferences. For instance, in October 2022, according to a report published by the World Health Organization (WHO), a Switzerland-based agency responsible for international public health, one in six people is expected to be 60 or older by the year 2030, in the entire world. By 2050, there will be 2.1 billion people worldwide who are 60 years old. The number of people who are 80 years of age or older will increase by 426 million between 2020 and 2050 compared to the current population. Clinical nutrition problems in the elderly are related not only to multiple drug uses but also to the consumption of specialised diets for one or more chronic illnesses. Thus, the growing geriatric population is anticipated to drive clinical nutrition market growth.
Key Industry Players
Major companies operating in the clinical nutrition market include Abbott Laboratories, Nestlé S.A., Baxter Healthcare Ltd., B. Braun Melsungen AG, Perrigo Company plc, Fresenius Kabi AG, Danone S.A., Pfizer Inc., Mead Johnson Nutrition Company, Hero Nutritionals, Gentiva Health Services Inc., H.J. Heinz Company, Ajinomoto Co. Inc., Lonza Group Ltd., GlaxoSmithKline plc, BASF SE, Kendal Nutricare, Nutricia, DuPont Nutrition & Health, American HomePatient, Reckitt Benckiser Group plc, Nestle Health Science, Medifood International Ltd., Cambrooke Inc., Vivante Health, BiomX Ltd., OxeFit Inc., Metabolon Inc., COSMOSID Inc., Impossible Foods Inc., Virta Health, Meru Health Inc.
The clinical nutrition market report table of contents includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
………
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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