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Elderly Nutrition Market Analysis | CMI


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Title: Elderly Nutrition Market Analysis | CMI

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  • Elderly Nutrition Market - Global Forecast to
    2026, by Nutrition Type (Minerals,
    Multi-Vitamins, Iron, Proteins, Fibers, Lipids,
    Antioxidants, and Others), by Application
    (Diabetes, Renal Failures, Obesity, Sarcopenia,
    Cancer, and Others), by Route of Administration
    (Oral, Parenteral, and Enteral,), by Distribution
    Channel (Hospitals Clinics, Retail Pharmacies,
    Convenience Store, Online, and Others), and by
    Region (North America, Latin America, Europe,
    Asia Pacific, Middle East, and Africa) - Size,
    Share and Growth Analysis 2018-2026
  • The global elderly nutrition market size was
    valued at US 17,453.5 million in 2017, and is
    expected to exhibit a CAGR of 6.6 over the
    forecast period (2018 2026).

Figure 1. Global Elderly Nutrition Market Value
(US Mn), by Region, 2017
Market Drivers
  • Increasing incidences of nervous disorders and
    chronic diseases in geriatric patients is
    expected to propel growth of the Elderly
    Nutrition Market
  • Elderly nutrition is recommended for geriatric
    patients who are highly susceptible to various
    conditions such as diabetes, obesity, renal
    failures, chronic diseases, and other. Moreover,
    high prevalence of age related disorders such as
    organ failures, nervous disorders and
    cardiovascular diseases in geriatric patients is
    expected to drive the market growth. For
    instance, the Alzheimer Association Report 2017,
    estimated around 13.8 million people to be
    diagnosed with Alzheimers dementia in the U.S.,
    which is mostly observed in geriatric patients
    above 65 years. Moreover, in 2014, around 93,541
    deaths registered from Alzheimers disease and
    reported the disease as fifth leading cause of
    death among Americans above 65 years.
  • Furthermore, rising geriatric population and
    shortage of nutritional intake through food is
    another factor for boosting growth of the elderly
    nutrition market over the forecast period.
    According to World Population Prospects in 2017,
    the global geriatric population was around 962
    million, which is expected to reach around 2.1
    billion by 2050.

  • The routes of administration such as oral,
    parenteral, and enteral are very important in
    consideration with administration of nutrition in
    the elder patients. However, parenteral route of
    administration has to be performed under medical
    supervision, to avoid side effects and
    complications, which burdens cost on geriatric
    patients. The incorrect use of this therapy from
    parenteral route can cause liver dysfunction,
    refeeding syndrome, and other side effects.

Figure 2. Global Elderly Nutrition Market Share
(), by Route of Administration, 2018 and 2026
  • Increasing incidence of chronic diseases in
    Europe is expected to bolster the market growth
  • Europe holds dominant position in the elderly
    nutrition market, owing to high prevalence of
    chronic diseases such as cancer, cardiovascular
    diseases in the region. According to the European
    Heart Network, factsheet 2017, around 11.3
    million new cases of cardiovascular diseases were
    registered in Europe and around 6.1 million cases
    of cardiovascular diseases were registered in
    European Union (EU).
  • Moreover, rise in geriatric population, majorly
    women, in this region is expected to propel
    demand for osteoporosis, which in turn is
    expected to bolster the market growth over the
    forecast period. According to the International
    Osteoporosis Foundation, estimated around 20
    million cases of osteoporosis in population aged
    above 50 years in 2015. These problems are
    greater in women than men and have high
    prevalence in comorbid chronic disease and

Key Players
  • Major players operating in the global elderly
    nutrition market include Allergan, Otsuka
    Pharmaceuticals Co., Ltd., Baxter International
    Inc., Danone, Fresenius Kabi AG, Abbott
    Laboratories, Pfizer, Inc., Mead Johnson
    Company, LLC, and Sanofi.

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