The dysphagia supplement global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Dysphagia Supplement Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The dysphagia supplement market size has grown strongly in recent years. It will grow from $1.29 billion in 2023 to $1.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to the increasing number of elderly individuals, the prevalence of neurological disorders, healthcare awareness and diagnosis, the rise in the prevalence of dysphagia, and increasing healthcare expenditure.
The dysphagia supplement market size is expected to see strong growth in the next few years. It will grow to $1.76 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to the rising incidence of chronic diseases, growing prevalence of digestive disease, growing utilization of thickening solutions, rise in educational initiatives, and increase in the number of people suffering from swallowing problems. Major trends in the forecast period include technological advancements, generating robust clinical evidence, expansion of distribution channels, development and production of new formulations, and increasing research and development.
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Scope Of Dysphagia Supplement Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Dysphagia Supplement Market Overview
Market Drivers –
The increasing prevalence of digestive diseases is expected to propel growth in the dysphagia supplement market. Digestive diseases refer to various gastrointestinal disorders, including conditions that impact the esophagus, stomach, intestines, liver, and pancreas. The rise in digestive disease is due to aging populations, poor diet, sedentary lifestyles, increasing obesity rates, and environmental influences. Dysphagia supplements help manage digestive diseases by providing easy-to-swallow, nutrient-rich options that ensure adequate nutrition for individuals with swallowing difficulties. For instance, in October 2022, according to the report published by United European Gastroenterology, an Austria-based non-profit organization, digestive diseases impact over 300 million people in Europe and the Mediterranean region, resulting in significant economic costs. Therefore, the increasing prevalence of digestive diseases is driving the growth of the dysphagia supplement market.
Market Trends –
Major companies operating in the dysphagia supplement market are focused on developing innovative products, such as food and beverage thickeners, to serve customers with swallowing difficulties better. Food and beverage thickeners are substances added to liquids and foods to alter their consistency, making them easier and safer to swallow for individuals with dysphagia. These thickeners reduce the risk of aspiration and choking by ensuring that the consistency of the food or liquid matches the individual’s swallowing capabilities. For instance, in January 2023, Nestlé India, an India-based food and beverage company, launched ThickenUp Clear, a food and beverage thickener that can help patients with swallowing difficulties, especially in oropharyngeal dysphagia. It is a xanthan gum-based product that is tasteless, colorless, odorless, and amylase-resistant, allowing it to be easily added to various liquids to enhance swallowing, offering a healthier and more environmentally friendly option for those with dysphagia. It is an instant thickener for food and drinks that quickly thickens and maintains a stable consistency when added to hot and cold liquids or foods.
The dysphagia supplement market covered in this report is segmented –
1) By Type: Powder Thickener, Ready To Drink Thickened Beverages, Instant Food, Oral Nutritional Supplements
2) By Indication: Oropharyngeal Dysphagia, Esophageal Dysphagia
3) By Applications: Hospitals, Nursing Homes, Retail Pharmacies, Drug Stores, Super markets
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Regional Insights –
North America was the largest region in the dysphagia supplement market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the dysphagia supplement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the dysphagia supplement market are Nestlé S.A. , Abbott Laboratories, Fresenius SE & Co. KGaA, Groupe Lactalis S.A., Danone S.A., Ingredion Incorporated, Tate & Lyle PLC, Kent Precision Foods Group, Prosource, Saraya Co. Ltd., Matsun Nutrition Inc., Matsun Nutrition, Trisco Foods Pty Ltd., Flavour Creations, Medtrition Inc., Simply Thick LLC, Hormel Health Labs, Swallowing Diagnostics Inc., Nutrinovo Ltd., Nutridrinks Limited
Table of Contents
1. Executive Summary
2. Dysphagia Supplement Market Report Structure
3. Dysphagia Supplement Market Trends And Strategies
4. Dysphagia Supplement Market – Macro Economic Scenario
5. Global Dysphagia Supplement Market Size and Growth
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32. Global Dysphagia Supplement Market Competitive Benchmarking
33. Global Dysphagia Supplement Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Dysphagia Supplement Market
35. Dysphagia Supplement Market Future Outlook and Potential Analysis
36. Appendix
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