The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest clinical nutrition market share.

The global clinical nutrition market is expected to grow from $48.67 billion in 2022 to $52.29 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The clinical nutrition market is expected to grow from $70.42 billion in 2027 at a CAGR of 7.7%.

Major Driver In The Clinical Nutrition Market ­– Rise In Geriatric Population
According to a United Nations assessment, the total number of persons aged 80 and beyond is predicted to climb from 143 million in 2019 to over 426 million in 2050 by June 2020. Clinical nutrition issues in the elderly are associated not only with multiple drug use but also with the intake of specific meals for one or more chronic illnesses. As a result, the expanding geriatric population is expected to boost market expansion.

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Key Clinical Nutrition Market Segments
1) By Product: Infant Nutrition, Parental Nutrition, and 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, and Geriatric

Recent Clinical Nutrition Market Trend – Undertaking Strategic Initiatives
Major industry participants are implementing strategic efforts such as boosting production capacity and expanding their global footprint. For example, in May 2020, ESI Nutrition, a division of the dairy cooperative Laita, launched a new manufacturing line that is fully operational and the first commercial plant at the Ploudaniel location. ESI Nutrition also sought to broaden the format possibilities accessible to its consumers, so it introduced two additional bottle sizes: 70 ml and 90 ml, both of which are smaller than the existing options. The new bottles are tiny and ideal for ESI Nutrition’s flagship product, “nourettes,” which are ready-to-use baby bottles with a specific screw top and an adapted teat that are distributed in maternity hospitals. These are ergonomically constructed to be easier to manage and clear to keep track of consumption levels.

Clinical Nutrition Market Prominent Players
Major players in the clinical nutrition market are Abbott Laboratories, Nestlé SA, Baxter Healthcare Ltd., B. Braun Melsungen AG, Perrigo Company PLC., Hospira, Fresenius Kabi, Danone, Pfizer, and Mead Johnson Nutrition Company.

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The Clinical Nutrition Global Market Report 2023  provides a comprehensive overview on the clinical nutrition market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the clinical nutrition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Clinical nutrition is a branch of medicine that focuses on the prevention, diagnosis, and treatment of nutritional and metabolic abnormalities associated with acute and chronic illnesses, as well as disorders caused by nutrient and energy imbalances. Clinical nutrition is concerned with determining whether or not a person is getting enough nutrients and giving their body with the appropriate type of sustenance for general health.

View More Related Reports –
Functional Foods Global Market Report 2023
Dairy Products Global Market Report 2023
Nutritional Feed Additives Global Market Report 2023

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