Clinical Nutrition Market Size to Exceed $84.68 Billion by 2029 | Growth and Industry Trends
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How Fast Is The Clinical Nutrition Market Expected to Grow Between 2025 And 2029?
In recent times, the clinical nutrition market has seen substantial growth. Its size is predicted to increase from $56.07 billion in 2024 to $60.08 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%. The growth during the historic period is due to factors such as increasing numbers of elderly people, a rise in chronic diseases, growing recognition of nutritional importance, and governmental support for nutritional initiatives.
What Growth Rate Is Anticipated for the Clinical Nutrition Market in the Coming Years?
In the forthcoming years, the clinical nutrition market is anticipated to experience robust growth and it is forecasted to reach a value of $84.68 billion in 2029, expanding at a compound annual growth rate (CAGR) of 9.0%. The enlargement during the projected period is due to factors like customized nutrition, the rising application of nutrigenomics, the management of population health, and the worldwide extension of healthcare. The primary trends identified for the prediction period include digital health coupled with telehealth, functional foods along with nutraceuticals, probiotics and prebiotics, plant-based and sustainable nutrition, along with mental health nutrition.
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Who Are the Leading Companies in the Clinical Nutrition Market?
Major companies operating in the clinical nutrition market include Abbott Laboratories, Nestlé S.A., Baxter Healthcare Ltd., B. Braun Melsungen AG, Perrigo Company plc, Fresenius Kabi AG, Danone S.A., Pfizer Inc., Mead Johnson Nutrition Company, Hero Nutritionals, Gentiva Health Services Inc., H.J. Heinz Company, Ajinomoto Co. Inc., Lonza Group Ltd., GlaxoSmithKline plc, BASF SE, Kendal Nutricare, DuPont Nutrition & Health, American HomePatient, Reckitt Benckiser Group plc, Vivante Health
What Are the Key Drivers of the Clinical Nutrition Market?
The swell in the elderly population is predicted to fuel the expansion of the clinical nutrition market. Several factors determine the clinical nutrition requirements of older adults, such as specific health conditions and related organ system impairments, activity level, energy use and an individual’s calorie needs. It also includes the ability to obtain, prepare, eat and digest food, as well as personal dietary choices. For example, a report from the United Nations, a US-based intergovernmental organization, stated in November 2022 that the proportion of the worldwide population aged 65 and older is forecast to increase from 10% in 2022 to 16% by 2050. It’s estimated that by 2050, the number of people aged 65 or over around the world will be double the number of children under 5 and nearly equal to the number of children under 12. Consequently, the increasing geriatric population is expected to propel the growth of the clinical nutrition market.
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What Are the Key Market Segments in the Clinical Nutrition Industry?
The clinical nutrition market covered in this report is segmented –
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
Subsegments:
1) By Infant Nutrition: Infant Formula, Baby Foods, Nutritional Supplements
2) By Parenteral Nutrition: Amino Acid Solutions, Lipid Emulsions, Carbohydrate Solutions
3) By Enteral Nutrition: Standard Formulas, Specialized Formulas, Disease-Specific Formulas
What Are the Latest Trends in the Clinical Nutrition Market?
Significant enterprises that are part of the clinical nutrition marketplace are creating innovative technologies such as TechVantage to meet the increasing need for functional foods and drinks and to set themselves apart from their competitors. TechVantage is a functionally enhanced nutrient technology solution that offers customers nutrient options that have been specifically designed to improve areas like immune health, cognitive health, and athletic performance. For instance, Glanbia Nutritionals Inc., a sports nutrition company located in the U.S, unveiled TechVantage, an optimized nutrient technology platform, in April 2022. This platform presents a variety of features that make it a useful tool for customers, including a comprehensive nutrient assortment, maximized functionality, heightened bioavailability, and facilitating processing and mixing capabilities.
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What Are the Key Regional Markets in the Clinical Nutrition Industry?
The countries covered in the clinical nutrition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
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This Report Delivers Insight On:
1. How big is the clinical nutrition market, and how is it changing globally?
2. Who are the major companies in the clinical nutrition market, and how are they performing?
3. What are the key opportunities and risks in the clinical nutrition market right now?
4. Which products or customer segments are growing the most in the clinical nutrition market?
5. What factors are helping or slowing down the growth of the clinical nutrition market?
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