The Clinical Nutrition Market to Surpass $87,530.7 Million by 2025
Global Market Insights, Inc. - Seite 2
https://www.gminsights.com/industry-analysis/clinical-nutrition-market
In Asia Pacific region, China clinical nutrition market is estimated to expand with a CAGR of over 9.1% over the forecast timeframe owing to increasing prevalence of chronic diseases as well as substantial number of elderly people suffering from enfeebling condition. Increasing number of preterm births and notable number of malnourished children in the country will stimulate demand for clinical nutrition products over the coming years.
Infant nutrition market held largest market share in 2018 valuing over USD 30,989.5 million. Increasing number of preterm births and growing demand for milk based infant nutrition formula will be one of the major factors driving the market growth over the forecast period. Moreover, rising number of children suffering from malnutrition in emerging countries such as China along with frequent introduction of new infant clinical formula in market will favor growth of infant nutrition segment.
Increasing number of cow protein intolerant children and children suffering from hereditary lactase deficiency and galactosemia are generally administered with soy based clinical nutrition formula to fulfil nutritional requirement; this factor will strongly drive soy based infant nutrition segment growth. Moreover, high nutritional content present in soy based infant nutrition solution will propel segment growth over the forecast period.
Adult consumer segment will witness significant growth of 6.1% over the forecast period owing to growing adoption of unhealthy food habits leading to dearth of essential nutrients as well as large patient population suffering from chronic diseases requiring supply of clinical nutrition. Increasing geriatric population base and growing awareness about clinical nutritional products will further propel business growth.
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South Africa Clinical Nutrition Market valued USD 419.9 million in 2018 and is estimated to expand at a significant rate. Increasing sales of nutritional supplement in South Africa due presence of associations such as South African Society for Enteral and Parenteral Nutrition which promote South Africa clinical nutrition. Growing adoption of unhealthy food habits resulting in increased incidences of chronic diseases coupled with healthcare infrastructure development of the country will favor industry growth.