The Medical Nutrition market is projected to witness significant growth during the forecast period. The Medical Nutrition market growth is driven by various driving growth factors, however, the growing geriatric population and increasing prevalence of Chronic obstructive pulmonary disease (COPD), due to changing lifestyle patterns majorly influence the market growth.
Furthermore, continuous research and development activities in biotechnology fields focusing on innovating customized medical nutrition items are further adding impetus to the market growth.
However, patent expiry of blockbuster products, increasing competition in the generic sector, and high cost of the newly launched products are likely to hamper the growth of this market during the forecast period.
Covid-19 Impact on Medical Nutrition Market:
In addition, the current Medical Nutrition Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Medical Nutrition Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Medical Nutrition Market Segment Overview
On the basis of product, the global medical nutrition market is segmented into proteins, amino acid solution, carbohydrates, multiple vitamins and antioxidants, minerals, and others. The multiple vitamins and antioxidants segment dominated the market in 2020 owing to the rise in demand for healthy and innovative products from the consumers. Manufacturers nowadays are striving to develop new vitamins and dietary supplements (VDS) products equipped with botanicals and natural herbs.
On the basis of application, the market is segmented into gastrointestinal diseases, pulmonary diseases, paediatric malnutrition, renal failure, cancer, diabetes and others. The cancer is projected to be the fastest growing segment during the forecast period. This is attributed to the nutritional deficiency that arises in patients due to various cancer treatments such as chemotherapy, hormone therapy, radiation therapy, surgery, immunotherapy, and stem cell transplant.
Market Analysis, Insights and Forecast – By Product Type
· Proteins
· Amino Acid Solution
· Carbohydrates
· Multiple Vitamins and Antioxidants
· Minerals
· Others
Market Analysis, Insights, and Forecast – By Application
· Gastrointestinal Diseases
· Pulmonary Diseases
· Pediatric Malnutrition
· Renal Failure
· Cancer
· Diabetes
· Others
Medical Nutrition Market Regional Overview
The regional analysis includes adoption of medical nutrition products across North America, Europe, Asia-Pacific (APAC), Latin America Middle East & Africa (MEA). North America was the leading revenue contributor to the global medical nutrition market in 2020. It is also anticipated to dominate the market during the forecast period, due to upsurge in number of chronic diseases such as coronary artery disease, ischemic stroke, diabetes, and few cancer indications, and increase in geriatric population. However, Asia-Pacific is expected to experience the fastest CAGR during the forecast period, due to increase in metabolic disorders, high disposable incomes, and improvement in patient awareness regarding the adoption of clinical nutrition products.
Medical Nutrition Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Medical Nutrition Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Medical Nutrition are highlighted below.
· In September 2020, Baxter announced the approval of Clinimix and Clinimix E, with higher protein for patients requiring parenteral nutrition.
Medical Nutrition Market, Key Players
· Nestle
· Nutricia & NeoMed
· Danone
· Abbott Nutrition
· Mead Johnson Nutrition Co.
· Baxter International, Inc.
· B. Braun Melsungen AG.
· Fresenius Kabi AG
· GlaxoSmithKline plc
· Kate Farms, Inc.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Medical Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Proteins
- 5.2.2. Amino Acid Solution
- 5.2.3. Carbohydrates
- 5.2.4. Multiple Vitamins and Antioxidants
- 5.2.5. Minerals
- 5.2.6. Others
- 5.3. Market Analysis, Insights, and Forecast – By Application
- 5.3.1. Gastrointestinal Diseases
- 5.3.2. Pulmonary Diseases
- 5.3.3. Pediatric Malnutrition
- 5.3.4. Renal Failure
- 5.3.5. Cancer
- 5.3.6. Diabetes
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East, and Africa
6. North America Medical Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Proteins
- 6.2.2. Amino Acid Solution
- 6.2.3. Carbohydrates
- 6.2.4. Multiple Vitamins and Antioxidants
- 6.2.5. Minerals
- 6.2.6. Others
- 6.3. Market Analysis, Insights, and Forecast – By Application
- 6.3.1. Gastrointestinal Diseases
- 6.3.2. Pulmonary Diseases
- 6.3.3. Pediatric Malnutrition
- 6.3.4. Renal Failure
- 6.3.5. Cancer
- 6.3.6. Diabetes
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Medical Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Proteins
- 7.2.2. Amino Acid Solution
- 7.2.3. Carbohydrates
- 7.2.4. Multiple Vitamins and Antioxidants
- 7.2.5. Minerals
- 7.2.6. Others
- 7.3. Market Analysis, Insights, and Forecast – By Application
- 7.3.1. Gastrointestinal Diseases
- 7.3.2. Pulmonary Diseases
- 7.3.3. Pediatric Malnutrition
- 7.3.4. Renal Failure
- 7.3.5. Cancer
- 7.3.6. Diabetes
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Medical Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Proteins
- 8.2.2. Amino Acid Solution
- 8.2.3. Carbohydrates
- 8.2.4. Multiple Vitamins and Antioxidants
- 8.2.5. Minerals
- 8.2.6. Others
- 8.3. Market Analysis, Insights, and Forecast – By Application
- 8.3.1. Gastrointestinal Diseases
- 8.3.2. Pulmonary Diseases
- 8.3.3. Pediatric Malnutrition
- 8.3.4. Renal Failure
- 8.3.5. Cancer
- 8.3.6. Diabetes
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Medical Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Proteins
- 9.2.2. Amino Acid Solution
- 9.2.3. Carbohydrates
- 9.2.4. Multiple Vitamins and Antioxidants
- 9.2.5. Minerals
- 9.2.6. Others
- 9.3. Market Analysis, Insights, and Forecast – By Application
- 9.3.1. Gastrointestinal Diseases
- 9.3.2. Pulmonary Diseases
- 9.3.3. Pediatric Malnutrition
- 9.3.4. Renal Failure
- 9.3.5. Cancer
- 9.3.6. Diabetes
- 9.3.7. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2020
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Nestle
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Nutricia & NeoMed
- 10.6. Danone
- 10.7. Abbott Nutrition
- 10.8. Mead Johnson Nutrition Co.
- 10.9. Baxter International, Inc.
- 10.10. B. Braun Melsungen AG.
- 10.11. Fresenius Kabi AG
- 10.12. GlaxoSmithKline plc
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
