Dysphagia Supplement Market Report 2024: Market Size, 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
Market Growth from 2023 to 2024
The dysphagia supplement market has seen robust growth in recent years, expanding from $1.29 billion in 2023 to $1.37 billion in 2024, with a compound annual growth rate (CAGR) of 6.2%.
Key factors driving this growth include:
- Increasing number of elderly individuals
- Rising prevalence of neurological disorders
- Growing awareness of healthcare and better diagnosis
- Increased healthcare expenditure
- Higher prevalence of dysphagia, especially among aging populations
Forecasted Growth to 2028
The market is expected to continue expanding, reaching $1.76 billion by 2028 with a CAGR of 6.5%.
Key growth factors for the forecast period include:
- Increasing incidence of chronic diseases
- Rising prevalence of digestive diseases
- Growing use of thickening solutions for safe swallowing
- Increase in educational initiatives and healthcare programs
- Rising number of people with swallowing difficulties
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The Impact of Digestive Diseases on Market Growth
The rising incidence of digestive diseases is a major driver of the dysphagia supplement market.
Key points to consider:
- Digestive diseases affect the esophagus, stomach, intestines, liver, and pancreas
- These diseases are increasing due to aging populations, poor diets, sedentary lifestyles, and rising obesity rates
- Dysphagia supplements provide safe, nutrient-rich options for individuals with swallowing difficulties
- Over 300 million people in Europe and the Mediterranean are impacted by digestive diseases, contributing to significant healthcare costs
Leading Companies in the Dysphagia Supplement Market
Several global companies are key players in the dysphagia supplement market, offering a wide range of products to meet growing demand. Major companies include:
- Nestlé S.A.
- Abbott Laboratories
- Fresenius SE & Co. KGaA
- Groupe Lactalis S.A.
- Danone S.A.
- Ingredion Incorporated
These companies are constantly innovating to provide more effective and accessible dysphagia supplements.
Innovations in Dysphagia Supplements
Innovation is playing a critical role in enhancing the dysphagia supplement market. Companies are focusing on creating advanced products, such as food and beverage thickeners, to improve the quality of life for individuals with swallowing difficulties.
Key trends include:
- Development of food and beverage thickeners for safe and easy swallowing
- Products like Nestlé India’s ThickenUp Clear, a xanthan gum-based thickener, are helping dysphagia patients by providing tasteless, colorless, and odorless solutions that can be added to various liquids
- Such products minimize the risk of choking and aspiration, offering safer options for dysphagia patients
Strategic Collaborations Driving Innovation
Mergers and partnerships in the dysphagia supplement market are driving innovation.
For example, in July 2023, Aenova Group partnered with Galvita to enhance oral dosage forms for dysphagia patients.
Key points include:
- This collaboration aims to develop better, more efficient oral supplements
- Galvita offers a multi-nutritional powder product that provides essential nutrients in an easy-to-consume form for patients with swallowing disorders
Global Market Segmentation
The dysphagia supplement market is segmented by product type, indication, and application.
Key segments include:
- By Type: Powder Thickener, Ready-To-Drink Thickened Beverages, Instant Food, Oral Nutritional Supplements
- By Indication: Oropharyngeal Dysphagia, Esophageal Dysphagia
- By Applications: Hospitals, Nursing Homes, Retail Pharmacies, Drug Stores, Supermarkets
Regional Market Outlook
North America was the largest region in the dysphagia supplement market in 2023, driven by a large aging population and well-developed healthcare systems.
Looking forward, North America is expected to be the fastest-growing region in the forecast period, followed by significant growth in Europe and the Asia-Pacific region.
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