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What Is the Growth Rate of the Parenteral Nutrition Market?

In the past few years, there has been significant growth in the market size for parenteral nutrition. This market is forecasted to expand from $6.77 billion in 2024 to $7.16 billion in 2025, representing a compound annual growth rate (CAGR) of 5.7%. The impressive growth in the past years can be associated with factors like increased disposable income and urbanization, a rise in obesity rates, and the growing interest in noninvasive and minimally invasive aesthetic procedures.

What Growth Rate Is Forecasted for the Parenteral Nutrition Market by 2029?

The market size of parenteral nutrition is predicted to witness substantial growth in the upcoming years, reaching $9.21 billion in 2029 at a CAGR of 6.5%. The anticipated expansion during the forecast period is tied to the rising number of elderly people, swift urbanization paired with increasing disposable income, and a surge in mergers and acquisitions. The forecast period will also see significant industry trends such as product innovations, application of artificial intelligence in aesthetics, progress in focal radio frequency technology, adoption of laser-assisted liposuction, and strategic partnerships and collaborations.

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Which Key Companies Are Shaping the Future of the Parenteral Nutrition Market?

Major companies operating in the parenteral nutrition market include Fresenius Kabi, Baxter International Inc., B. Braun Melsungen AG, ICU Medical, Inc., Grifols, S.A., Otsuka Pharmaceutical Co., Ltd., Claris Lifesciences Limited, Sichuan Kelun Pharmaceutical Co., Ltd., JW Pharmaceuticals, Meiji Holdings Co., Ltd., Aculife Healthcare Pvt. Ltd., Aspen Pharmacare, Fresenius SE & Co. KGaA, Ajinomoto Co., Inc., Braun Medical Inc., Laboratoires Aguettant, AnazaoHealth Corporation, Baxter Healthcare Corporation, BioScrip, Inc., Sichuan Pharmaceutical Co., United Pharmaceuticals, HOPES Pharmaceuticals, Braun Medical Ltd, Calea UK

Which Factors Are Driving Demand in the Parenteral Nutrition Industry?

The escalating incidence of malnutrition worldwide is a driving force behind the expansion of the parenteral nutrition market. Malnutrition can be defined as the deficiencies, excesses, or imbalances in an individual’s nutrient or energy intake. The rising occurrence of premature births, leading to immune dysfunction and inadequate nutrition, has heightened the need for parenteral nutrition among infants and children. For instance, in May 2023, nearly half of all child deaths below 5 years were linked to undernutrition as per the United Nations International Children’s Emergency Fund, a US-based organization. Undernutrition escalates the risk of mortality from common infections in children and worsens the intensity and frequency of such infections, postponing recovery. Therefore, the escalating incidence of malnutrition worldwide is projected to enhance the demand for parenteral nutrition throughout the forecast period.

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How Is the Parenteral Nutrition Market Segmented by Several Divisions?

The parenteral nutrition market covered in this report is segmented –

1) By Composition: Amino Acids, Fats, Carbohydrates, Trace Elements, Vitamins, Minerals, Other Compositions

2) By Consumer Type: Children and New-born, Adults

3) By End-User: Hospitals, Clinics, Homecare, Other End Users

Subsegments:

1) By Amino Acids: Essential Amino Acids, Non-Essential Amino Acids, Specialized Amino Acid Solutions

2) By Fats: Lipid Emulsions (Soybean Oil, Olive Oil, etc.), Fish Oil-Based Lipid Emulsions, Medium-Chain Triglycerides (MCTs)

3) By Carbohydrates: Dextrose Solutions, Maltodextrin, Fructose

4) By Trace Elements: Zinc, Copper, Selenium, Manganese

5) By Vitamins: Water-Soluble Vitamins (B-complex, Vitamin C), Fat-Soluble Vitamins (A, D, E, K)

6) By Minerals: Electrolytes (Sodium, Potassium, Calcium, Magnesium), Phosphorus

7) By Other Compositions: Antioxidants, Additives, Specialty Nutrients

What are the Emerging Market Trends Driving the Growth of the Parenteral Nutrition Industry?

The parental nutrition market is seeing a significant trend in the form of product innovation. Businesses in this marketplace are launching inventive products, such as the four-oil lipid injectable emulsion, to strengthen their parenteral nutrition offerings. For example, Fresenius Kabi, a pharmaceutical firm based in Germany, gained approval from the US Food and Drug Administration (FDA) in March 2022 for their SMOFlipid lipid injectable emulsion. This product is intended for pediatric parenteral nutrition, encompassing both term and preterm neonates. The SMOFlipid lipid injectable emulsion is the sole four-oil lipid injectable emulsion available that includes components like soybean oil, medium-chain triglycerides, olive oil, and fish oil, an excellent source of omega-3 fatty acids. It’s applicable in various healthcare environments, from hospitals to home care.

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Which Regions Are Driving Growth in the Parenteral Nutrition Market?

North America was the largest region in the parenteral nutrition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the parenteral nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the parenteral nutrition market, and how is it changing globally?

2. Who are the major companies in the parenteral nutrition market, and how are they performing?

3. What are the key opportunities and risks in the parenteral nutrition market right now?

4. Which products or customer segments are growing the most in the parenteral nutrition market?

5. What factors are helping or slowing down the growth of the parenteral nutrition market?

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