The global enteral feeding formula market is expected to grow at 9.1 % CAGR from 2020 to 2030. It is expected to reach above USD 10.7 billion by 2030.
LUTON, BEDFORDSHIRE, UNITED KINGDOM, December 18, 2023 /EINPresswire.com/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Enteral Feeding Formulas Market.
Global Enteral Feeding Formulas Market Size, Status, and Forecast for the 2023-2030. In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the Enteral Feeding Formulas Market including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. The information provided under this section covers the financial revenue of all the major competitors with the addition of product benchmarking, key developments, major region expansion status, and SWOT analysis of any 3 to 5 top market players Furthermore, the microeconomic and macroeconomic factor that affects the market growth is also studied in order to invest in the market. The analysis of all such factors provides a better understanding of the market to achieve the greatest return in terms of revenue.
The enteral feeding formulas market is a crucial component of the healthcare industry, providing specialized nutritional products designed for individuals who are unable to meet their nutritional needs through regular oral intake. These formulas are administered through enteral feeding methods, such as tube feeding, and are tailored to meet the specific dietary requirements of patients with various medical conditions. The market encompasses a variety of enteral feeding formulas, each formulated to address specific nutritional needs and medical indications.
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Enteral Feeding Formulas Market Top Key Players:
The Enteral Feeding Formulas Market Key Players Include Abbott, Nestlé, Danone S.A., Fresenius Kabi, B. Braun Melsungen Ag, Otsuka Holdings Co., Ltd., Nutritional Medicinals, Llc, Kate Farms, Medtrition Inc., Victus, Inc, Global Health Products Inc, Meiji Holdings, Reckitt Benckiser Group.
Industry Developments:
Orgain, a pioneer in plant-based nutrition, and Nestlé (Switzerland) have a deal in place for Nestlé to acquire the majority of Orgain’s stock in February 2023. This acquisition would improve the nutrition products that Nestlé Health Science already offers.
In September 2022, Abbott (US) launched enteral formulations for tube feeding that used organic dietary components and plant-based proteins.
Regional Share Analysis:
The Enteral Feeding Formulas market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
North America: includes the US, Canada, Mexico
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and the Rest of APAC
Europe: includes the UK, Germany, France, Italy, Spain, Russia, the and Rest of Europe
South America: includes Brazil, Argentina, and the Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
In 2022, North America accounted for the largest market in the enteral feeding formulas market. North America is known for its advanced healthcare infrastructure, including well-established hospitals, clinics, and healthcare systems. This infrastructure facilitates the use of enteral feeding formulas in various healthcare settings, such as hospitals, long-term care facilities, and home-based care. The availability of healthcare facilities and resources contributes to the dominant position of North America in the market. North America has a relatively high prevalence of chronic diseases such as cancer, diabetes, gastrointestinal disorders, and neurological conditions. Many of these conditions require enteral nutrition support as a part of the overall treatment plan. The significant patient population with chronic diseases increases the demand for enteral feeding formulas in the region. North America has a significant aging population, with a large number of older adults who may require enteral feeding due to age-related conditions or illnesses. Aging is often associated with an increased risk of swallowing difficulties, malnutrition, and other health issues that necessitate enteral nutrition support. The aging population in North America contributes to the dominant position of the region in the market.
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Key Market Segments: Enteral Feeding Formulas Market
Enteral Feeding Formulas Market by Product, 2020-2030, (USD Billion)
Standard Formula
Disease specific
Diabetic Formula
Renal Formula
Hepatic Formula
Pulmonary Formula
Other Disease Specific Formula
Peptide-based formula
Other Formula
Enteral Feeding Formulas Market by Stage, 2020-2030, (USD Billion)
Adults
Pediatric
Enteral Feeding Formulas Market by End-User, 2020-2030, (USD Billion)
Hospitals
Long Term Care facilities
Nursing Homes
Assisted Living Facilities
Home Care Agencies & Hospices
Enteral Feeding Formulas Market by Application, 2020-2030, (USD Billion)
Oncology
Gastrointestinal Diseases
Neurological Disorders
Diabetes
Other Applications
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Strategic points covered in the Enteral Feeding Formulas Market catalogue:
Introduction, market driving force product research goals and research scope global Enteral Feeding Formulas Market (2023-2030).
Exclusive Summary – Basic information on the global Enteral Feeding Formulas Market.
The changing impact on market dynamics – global party supplies driving factors, trends, challenges and opportunities; post-COVID analysis.
Introduction global Enteral Feeding Formulas Market factors, after COVID impact analysis, Porter’s five force, the supply / value chain, PESTEL analysis, market entropy, patent / trademark analysis.
Show 2017-2023 by type, end user and region/country.
Assess the leading manufacturers of the global Enteral Feeding Formulas Market, including their competitive landscape, peer analysis, BCG matrix and company profile.
Evaluate the market-by-market segments, countries/regions and manufacturers/companies, the revenue share and sales of these companies/companies in these different regions of the main countries/regions (2023-2030).
… To be continued
Global Enteral Feeding Formulas Market : Research Methodology
The research methodology adopted by our company is the integration of primary research, secondary research, and expertise reviews. Secondary research is performed by considering the sources such as company annual reports, research papers, and press releases concerning the industry. Other sources involve industry magazines, trade journals, associations; the government authorized information in order to incorporate the most reliable data to showcase the opportunities for the business expansion in Global Enteral Feeding Formulas Market.
Frequently Asked Questions Section
How big is the global Enteral Feeding Formulas Market?
What is the demand of the global Enteral Feeding Formulas Market?
What is the year over year growth of the global Enteral Feeding Formulas Market?
What is the production and production value of the global Enteral Feeding Formulas Market?
Who are the key producers in the global Enteral Feeding Formulas Market?
What are the growth factors driving the market demand?
Table of Content
Chapter 1: Global Enteral Feeding Formulas Market Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Enteral Feeding Formulas Market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Enteral Feeding Formulas Market Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Enteral Feeding Formulas Market Size Forecast (2023-2030).
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