Global Clinical Nutrition Market Size, Share And Growth Analysis For 2024-2033

LONDON, GREATER LONDON, UK, August 7, 2024 /EINPresswire.com/ -- The clinical nutrition market has experienced robust growth in recent years, expanding 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.

Strong Future Growth Anticipated
The clinical nutrition market is projected to continue its strong growth, reaching $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.

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Growth Driver Of The Clinical Nutrition Market
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.

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Major Players And Market Trends
Key players in the clinical nutrition market include Abbott Laboratories, Nestlé S.A., Baxter Healthcare Ltd., B. Braun Melsungen AG, Perrigo Company PLC, Fresenius Kabi AG.

Major companies operating in the clinical nutrition market are developing technological solutions, such as TechVantage, to meet the growing demand for functional foods and beverages and differentiate themselves from the competition. TechVantage, a functionally optimized nutrient technology platform, provides customers with nutrient solutions that have been optimized for specific functions, such as immune health, cognitive health, and sports performance.

Segments:
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

Geographical Insights: North America Leading The Market
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.

Clinical Nutrition Market Definition
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.

Clinical Nutrition Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Clinical Nutrition Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on clinical nutrition market size, clinical nutrition market drivers and trends, clinical nutrition market major players, clinical nutrition competitors' revenues, clinical nutrition market positioning, and clinical nutrition market growth across geographies. The clinical nutrition market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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