Dysphagia Supplement Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The dysphagia supplement market has experienced substantial growth recently, with its size increasing from $1.29 billion in 2023 to $1.37 billion in 2024, representing a compound annual growth rate (CAGR) of 6.2%. This growth is driven by factors such as an increasing elderly population, the prevalence of neurological disorders, heightened healthcare awareness and diagnoses, a rise in dysphagia cases, and growing healthcare expenditure. Looking ahead, the market is projected to reach $1.76 billion by 2028, growing at a CAGR of 6.5%. This anticipated growth is attributed to factors like the rising incidence of chronic diseases, increasing prevalence of digestive disorders, greater use of thickening solutions, expanding educational initiatives, and a growing number of individuals with swallowing difficulties. Major trends expected in the forecast period include technological advancements, robust clinical evidence, expanded distribution channels, the development of new formulations, and increased research and development activities.
The increasing prevalence of digestive diseases is expected to propel growth in the dysphagia supplement market. Digestive diseases refer to various gastrointestinal disorders, including conditions that impact the esophagus, stomach, intestines, liver, and pancreas. The rise in digestive disease is due to aging populations, poor diet, sedentary lifestyles, increasing obesity rates, and environmental influences. Dysphagia supplements help manage digestive diseases by providing easy-to-swallow, nutrient-rich options that ensure adequate nutrition for individuals with swallowing difficulties. For instance, in October 2022, according to the report published by United European Gastroenterology, an Austria-based non-profit organization, digestive diseases impact over 300 million people in Europe and the Mediterranean region, resulting in significant economic costs. Therefore, the increasing prevalence of digestive diseases is driving the growth of the dysphagia supplement market.
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What Are The Key Trends That Influence Dysphagia Supplement Market Share Analysis?
Major companies operating in the dysphagia supplement market are focused on developing innovative products, such as food and beverage thickeners, to serve customers with swallowing difficulties better. Food and beverage thickeners are substances added to liquids and foods to alter their consistency, making them easier and safer to swallow for individuals with dysphagia. These thickeners reduce the risk of aspiration and choking by ensuring that the consistency of the food or liquid matches the individual’s swallowing capabilities. For instance, in January 2023, Nestlé India, an India-based food and beverage company, launched ThickenUp Clear, a food and beverage thickener that can help patients with swallowing difficulties, especially in oropharyngeal dysphagia. It is a xanthan gum-based product that is tasteless, colorless, odorless, and amylase-resistant, allowing it to be easily added to various liquids to enhance swallowing, offering a healthier and more environmentally friendly option for those with dysphagia. It is an instant thickener for food and drinks that quickly thickens and maintains a stable consistency when added to hot and cold liquids or foods.
How Is The Global Dysphagia Supplement Market Segmented?
1) By Type: Powder Thickener; Ready To Drink Thickened Beverages; Instant Food; Oral Nutritional Supplements
2) By Indication: Oropharyngeal Dysphagia; Esophageal Dysphagia
3) By Applications: Hospitals; Nursing Homes; Retail Pharmacies; Drug Stores; Supermarkets
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The Dysphagia Supplement Global Market Report 2024 provides an overview of the dysphagia supplement market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dysphagia supplement market forecast analyzes dysphagia supplement market size, dysphagia supplement market share, leading competitor and their market positions.
The Table Of Content For The Dysphagia Supplement Market Include:
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