Title: China Clinical Nutrition Market to grow at 9% CAGR from 2017 to 2024
1Infant applications of Clinical Nutrition Market
to grow at 9 CAGR from 2017 to 2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Clinical Nutrition Market
- Rising global population, escalating burden of
chronic diseases, increasing number of pre-mature
deaths and growing inclination towards home
healthcare will drive global clinical nutrition
market size. Malnutrition is the leading cause of
child deaths in most developing countries. - Rising metabolic disorders has become a growing
public health concern worldwide. Increasing
instances of malnutrition coupled with high
metabolic disorder prevalence will stimulate
growth. - Rapid advances in clinical nutrition design and
composition coupled with continuous quality
improvement initiatives should expand industry
size. Availability of nutritional practice
guidelines should improve the delivery of patient
nutrition care. - Stringent government regulations, lack of uniform
reimbursement policies worldwide, market
volatility and complexities in patient compliance
will deter clinical nutrition market growth.
3Continued...
- Enteral nutrition should witness over 5 CAGR
with expectations to surpass USD 20 billion by
2024. Increasing preference for enteral route of
food administration coupled with technological
innovation for development of novel enteral
feeding devices should contribute towards segment
growth. - Favorable government initiatives in delivering
nutrition services and wide application of
clinical nutrition in food industry,
pharmaceutical and home healthcare should
accelerate business growth. Some of the European
countries have launched Fight Against
Malnutrition (FAM) program to curb the spread of
malnutrition. - APAC accounted for more than 40 industry share,
followed by Europe and North America. The
regional nutrition market should surpass USD 30
billion by 2024, with infant nutrition holding
the significant business share. - Infant applications held more than 50 of
clinical nutrition market share and is
anticipated to witness more than 9 CAGR over the
forecast years.
4Europe Clinical Nutrition Market, By Product,
2012 - 2024 (USD Million)
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6Continued...
- The milk based products should experience a
considerable growth owing to improved tolerance
and good taste, thus surpassing the market value
of over USD 35 billion by 2024. - Parenteral nutrition should witness a
considerable growth to reach USD 7 billion. Amino
acids held more than 40 parenteral nutrition
share as they are essential to achieve balanced
body metabolism. Fats will witness a robust
growth of over 6. - UK held over 17 of Europe clinical nutrition
market share owing to the rising healthcare
spending across the region. - Few players dominate clinical nutrition market
such as Abbott Laboratories, Nestle, Danone,
Fresenius Kabi, Hospira, Perrigo, B Braun
Melsungen, Baxter International and Mead Johnson.
Product development, strategic alliances and
consolidating across the distribution channel
remain key commercial strategies adopted by
industry participants.
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