Parenteral Nutrition Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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What CAGR Will the Parenteral Nutrition Market Achieve During 2025–2034, and What Does It Indicate?
The market size for parenteral nutrition has seen significant growth in recent years and will rise from $6.77 billion in 2024 to $7.16 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. The surge in growth during the historic period can be linked to the rise in disposable income and urbanization, an increase in the obese population, and the growing favorability of noninvasive and minimally invasive aesthetic procedures.
In the coming years, the market size for parenteral nutrition is projected to experience substantial growth, estimated to reach $9.21 billion by 2029 with a compound annual growth rate (CAGR) of 6.5%. The surge during this forecasted period can be related to factors such as an aging population, quick urbanization and growing disposable income, as well as an uptick in mergers and acquisitions. Key trends for the forecasted period encompass product innovations, the application of artificial intelligence in aesthetics, the introduction of focal radio frequency technology, the employment of laser-assisted liposuction techniques, and a focus on partnerships and collaborations.
What Factors Are Propelling the Growth of the parenteral nutrition Market from 2025 to 2034?
Global malnutrition’s increasing prevalence is fueling the expansion of the parenteral nutrition market. Malnutrition encompasses deficiencies, surpluses, or imbalances in a person’s consumption of energy or nutrients. An increase in premature births, leading to immune dysfunction and insufficient nutrition, has heightened the need and usage of parenteral nutrition among infants and children. For instance, the United Nations International Children’s Emergency Fund, a US-based entity, reported in May 2023 that undernutrition contributes to nearly half of all fatalities in children below five. This undernutrition elevates children’s susceptibility to common infections, amplifies the frequency and intensity of these infections, and slows recovery. Therefore, the escalating prevalence of malnutrition worldwide is projected to stimulate demand for parenteral nutrition in the predicted period.
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Who Are the Key Firms Paving the Way for Growth in the Parenteral Nutrition Market?
Major companies operating in the parenteral nutrition market include:
• Fresenius Kabi_x000D_
• Baxter International Inc._x000D_
• B. Braun Melsungen AG_x000D_
• ICU Medical_x000D_
• Inc._x000D_
What Are the Most Influential Trends Currently Shaping the Parenteral Nutrition Market?
The key trend in the parental nutrition market is product innovation. Parental nutrition market players are expanding their product offerings with inventive products such as the four-oil lipid injectable emulsion. As an example, Fresenius Kabi, a pharmaceutical firm based in Germany, was approved by the United States Food and Drug Administration (US FDA) in March 2022 to introduce SMOFlipid lipid injectable emulsion for pediatric parenteral nutrition, covering term and preterm neonates. This unique four-oil lipid injectable emulsion, the first of its kind, includes soybean oil, medium-chain triglycerides, olive oil, and fish oil, recognized as a potent source of omega-3 fatty acids, and is applicable from hospital to home care setting.
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What Major Market Segments Define the Scope and Growth of the Parenteral Nutrition Market?
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
Which Regions Are Essential for the Growth of 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.
How Is the Definition of the Parenteral Nutrition Market Impacting Future Growth?
Parenteral nutrition refers to injecting a certain type of food through a vein as described in medicine (intravenously). Malnutrition correction or prevention is the aim of the therapy. It denotes intravenous feeding (through a vein). Achieving balanced nutritional intake on time can help combat complications and plays a prominent role in a patient’s recovery.
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