USD 14.85 billion
Report ID: SQMIG30A2012 | Region: Global | Published Date: October, 2022 | Pages: 165 | Tables: 97 | Figures: 76
Clinical Nutrition Market size was valued at USD 14.85 billion in 2021 and is poised to grow from USD 15.6 billion in 2022 to USD 22.9 billion by 2030, growing at a CAGR of 5% in the forecast period (2023-2030).
A clinical nutrition product helps the metabolic system work better by giving the body what it needs, like minerals, vitamins, and other nutrients that improve patients’ health. Clinical nutrition is the study and treatment of diseases that affect food intake, digestion, and metabolism. It also aims to improve health by preventing diseases that are caused by eating habits. It is used in many situations, such as cardiac rehabilitation, renal dialysis, diabetes, pediatrics, nutrition support, cancer, trauma, wellness centers, and community-based intervention programs.
As lifestyle-related diseases like inflammatory bowel disease and diabetes rise, so does the number of people who need clinical nutrition. An increasing number of older people and government investments in research and development in the health care sector also help the clinical nutrition market growth. Also, growing demand for clinical nutrition in emerging markets like Asia-Pacific and Latin America and a rise in the use of nutritional products in-home care are likely to make the global clinical nutrition market an attractive investment destination during the analysis period.
US Clinical Nutrition Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 14.85 billion
Largest Segment
Pediatric
Fastest Growth
Pediatric
Growth Rate
5% CAGR
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The global clinical nutrition market is segmented based on product, application, consumer, and region. Based on product, the Clinical Nutrition Market is segmented into infant nutrition (milk-based, soy-based, organic formulas), enteral nutrition (standard composition, disease-specific composition), and parenteral nutrition (amino acids, fats, carbohydrates). Based on application, the Clinical Nutrition Market is segmented into cancer, metabolic disorders, gastrointestinal disorders, neurological disorders, and others. Based on the consumer, the Clinical Nutrition Market is segmented into a pediatric, adult, and geriatric. Based on region, the global Clinical Nutrition market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Clinical Nutrition Market Analysis by Application
In 2021, the gastrointestinal disorders segment accounted for the largest market share and is predicted to grow at more than 5.6% CAGR during the analysis period. According to the World Health Organization (WHO), gastric reflux illnesses kill over 8 million people annually across the globe. It is estimated that between 60 and 70 million Americans are impacted annually. In addition, clinical nutrition is typically required for liver and pancreatic illnesses, such as food allergies, disaccharidase intolerance, and gluten-sensitive enteropathy. In addition, the increase in clinical trials for gastrointestinal illnesses presents a lucrative opportunity for gastrointestinal effects during the projection period.
Cancer is the fastest growing segment for the use of clinical nutrition and is expected to do so during the analysis period. This is because cancer's side effects make it difficult to eat and obtain adequate nutrients. In addition, more than 40% of cancer patients suffer from nutritional deficiencies, a common health issue. Nutrition therapy helps cancer patients maintain a healthy weight, maintain their strength, maintain healthy body tissues, and prevent adverse effects during and after treatment. These are some of the major factors that will increase the clinical nutrition market size and propel the market growth during the analysis period.
Clinical Nutrition Market Analysis by Consumer
The Pediatric sector accounts for the largest market share in the year 2021 and is projected to grow at a CAGR of 7% throughout the analysis period. The rising rate of pre-mature babies is also anticipated to contribute to market expansion throughout the forecast period. The expansion of the market is anticipated to be fueled by an increase in the number of products aimed at pediatric patients, as well as a greater awareness of such disorders.
The geriatrics segment represents the second largest market in the clinical nutrition market. Due to a deficiency in nutritional intake of food, elderly people are susceptible to several disorders. This is anticipated to contribute to the expansion of the market for clinical nutrition over the forecast period. In addition, the prevalence of sarcopenia, frailty, organ dysfunction, low immunity, and osteoporosis is on the rise. People suffering from chronic diseases such as cancer and diabetes, as well as the aging population, are expected to contribute to clinical nutrition market growth throughout the analysis period.
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In 2021, North America accounts for the largest share of the market and is expected to register a CAGR of 5.5% during the projected period. Continuous clinical nutrition R&D is a key trend in the clinical nutrition sector in North America. In addition, for several chronic diseases, including coronary artery disease, ischemic stroke, diabetes, and a few cancer indications. Diabetes prevalence has boosted the demand for medical nutrition therapy. In addition, the expanding demand for clinical nutrition in the pediatric sector is likely to present market participants with lucrative growth opportunities and drive the clinical nutrition market size during the analysis period.
Asia-Pacific has the highest growth rate. Significant factors contributing to the growth of the Asia Pacific clinical nutrition market include an increase in the frequency of metabolic disorders and neurological diseases, a rise in the geriatric population in the region, and high healthcare expenditure. In addition, increasing government initiatives for the improvement of the healthcare industry and a rise in the emphasis of leading manufacturers on expanding their geographic presence in emerging nations to capture high growth opportunities in the market are driving the clinical nutrition market's growth.
Europe accounts for the second largest market for clinical nutrition market in the year 2021. The clinical nutrition market in Europe is anticipated to grow at a CAGR of 6.2% during the forecast period. The alarming increase in nutrition therapy and dietary therapy for patients with metabolic syndrome is a major factor driving the clinical nutrition market in this region. In addition, raising patient knowledge regarding the availability of clinical nutrition in European nations is predicted to enhance market growth. In addition, an increase in government support for innovation and an increase in the funding of initiatives for new clinical nutrition research and development fuel the clinical nutrition market growth in this region during the forecast period.
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Clinical Nutrition Market Driver
Rising incidences of lifestyle-associated diseases and a growing geriatric population are driving the market.
Clinical Nutrition Market Restraint
Lack of awareness of clinical nutrition and high costs are some of the major restraints.
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The clinical nutrition market is relatively fragmented, with a high level of competition. Few large players, like Glanbia Plc, Pfizer Inc., and Danone Nutricia, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.
Clinical Nutrition Market Top Player’s Company Profiles
Clinical Nutrition Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, in 2021, the gastrointestinal disorders segment accounted for the largest market share and is predicted to grow at more than 5.6% CAGR during the analysis period. An increasing number of older people and government investments in research and development in the health care sector also help the clinical nutrition market growth. Growing demand for clinical nutrition in emerging markets like Asia-Pacific and Latin America and a rise in the use of nutritional products in-home care are some of the major factors that will increase the market size over the projection period. In 2021, North America accounts for the largest share of the market and is expected to register a CAGR of 5.5% during the projected period. People suffering from chronic diseases such as cancer and diabetes, as well as the aging population, are expected to contribute to clinical nutrition market growth throughout the analysis period. Continuous clinical nutrition R&D is a key trend in the clinical nutrition sector in North America.
Report Metric | Details |
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Market size value in 2021 | USD 14.85 billion |
Market size value in 2030 | USD 22.9 billion |
Growth Rate | 5% |
Base year | 2021 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Clinical Nutrition Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Clinical Nutrition Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Clinical Nutrition Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Clinical Nutrition Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Product ID: SQMIG30A2012