New York, USA, June 15, 2022 (GLOBE NEWSWIRE) -- Medical Nutrition Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Medical Nutrition Market Information By Type, Product Type, Route of Administration, Application, Distribution Channel, and Region - Forecast till 2027", the market will touch USD 64.28 Billion by 2027, at 5.4% CAGR.
Medical (Clinical) Nutrition Market Synopsis
Owing to the overwhelming problem of malnutrition, the medical (clinical) nutrition market is required to address patients' nutrition needs. Medical nutrition is vital in chronic diseases such as chronic obstructive pulmonary disease (COPD), diabetes, cancer, immune system problems, gastrointestinal disorders, and many others. Growing knowledge of medicinal foods and beverages and rising disease incidence rates are driving the medical nutrition industry forward. A clinical nutrition supplement is a sort of medicine that aids in a patient's health which involves giving necessary supplements such as minerals, vitamins, and other nutrients aids in the improvement of the metabolic system.
Clinical nutrition diagnoses and treats disorders that influence intestinal absorption, dietary intake, metabolism, and diet-related disease prevention promote health. When nutrient absorption or food intake is limited for an extended period, clinical nutrition therapy is essential to avoid famine and other serious repercussions. Patients suffering from chronic diseases are deficient in several critical nutrients, which has prompted an increase in clinical nutrition prescriptions. Furthermore, the industry's growth will be fueled by an upsurge in the obese population due to poor dietary habits and physical inactivity.
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Report Scope:
| Report Attribute | Details |
| Market Size | USD 64.28 billion |
| CAGR | 5.4% |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, Product Type, Route of Administration, Application, Distribution Channel |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Increasing awareness about infant nutrition value also acts as a contributing factor |
| The increase in consumption of fast-food and changing lifestyles |
Clinical Nutrition Market Competitive Landscape:
The renowned contenders in the medical (clinical) nutrition market are:
- AYMES Nutrition International Ltd. (U.K.)
- Mead Johnson and Company, LLC. (U.S.)
- Primus Pharmaceuticals (U.S.)
- Nutricia Advanced Medical Nutrition (Netherlands)
- Solace Nutrition (U.K.)
- Abbott Nutrition (U.S.)
- Baxter International (U.S.)
- Nestle Health Science (Switzerland)
- Braun Melsungen AG (Germany)
- NeoMed (U.S.)
- Danone (France)
Clinical Nutrition Market USP Covered:
Market Drivers:
Since changes in diet and lifestyle, such as working longer hours and smoking, have resulted in lower nutrient absorption, the medical nutrition sector has experienced tremendous growth. As more individuals become informed of nutrient value and the need to have appropriate nutrition, the medical nutrition value should expand even more. The market's growth is also aided by increased recognition of the medical nutrition market's importance.
Market Restraints:
Government rules are stifling the medical nutrition market in several countries. The medical nutrition sector is being hampered by poor reimbursement regulations enacted by various governments. Furthermore, the medical nutrition market's global expansion is constrained by a lack of information and rigorous regulatory regulations. Lack of understanding, particularly in emerging countries, and strict administration rules are only a few barriers that may limit the use of alternative nutrition methods. The expansion of the clinical nutrition industry may be hampered in the world's least developed countries, which have substantially lower living standards, due to a lack of adoption of modern approaches and a refusal of rationalized methods of nutrition consumption.
Clinical nutrition is important during surgeries since it helps minimize any negative effects on patients while also allowing specialists to work in a contained way. As a result of the increased illness burden and surgical volume, the clinical nutrition market is predicted to grow throughout the forecast period.
Clinical Nutrition Market COVID 19 Analysis
The COVID-19 pandemic has become an unexpected public health threat with significant implications for the clinical nutrition industry. Millions of people have been affected by the coronavirus outbreak, which has resulted in a high mortality toll. The prolonged COVID-19 pandemic and statewide lockdowns implemented in many nations have impacted the therapeutic nutrition sector. However, as individuals with COVID-19 frequently require dietary supplements for several micro and macronutrients, there has been an increase in nutritional treatment requirements. The COVID-19 pandemic is likely to significantly impact the clinical nutrition products market, as the need for nutritional management continues to rise, particularly among youngsters and the elderly.
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In addition, failure to acknowledge the importance of nourishment in COVID-19 might significantly impact the patient's prognosis. As a result, hospitals and clinics are better equipped to deliver healthcare to patients needing disease-specific nutrition. Such advances will boost clinical nutrition management adoption among patients, boosting industry trends shortly.
Medical Nutrition Market Segmentation
By Type
A rise in premature births in nations such as India and China has increased the pediatric nutrition segment demand.
By Product Type
The amino acid solutions segment has the most market share.
By Route of the Administration
During the projection period, the oral segment is expected to gain traction.
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By Application
During the forecast period, the cancer segment will have a large share. The market is predicted to be driven by a rise in the number of patients experiencing chronic diseases such as cancer and diabetes and a growing elderly population base over the forecast period.
By Distribution Channel
In the coming years, the hospital segment will achieve a valuable market share.
Medical Nutrition Market Regional Insights
APAC is the biggest consumer of clinical nutritional products in the world. Both of which have a high birth rate, India and China are anticipated to increase global demand for clinical nutrition products, particularly newborn feeding products. Because of strong R&D spending, the existence of significant firms, and their product availability, plus the region's well-established healthcare infrastructure, North America is expected to maintain its dominance. However, because Asian governments are spending on the construction of healthcare infrastructure, Asia-Pacific is predicted to have the greatest CAGR during the forecast period.
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Compared to the other regions, North America contributes significantly to market growth. An escalation in the prevalence of metabolic illnesses and a rise in the geriatric population are two major reasons driving the clinical nutrition industry.
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