Enteral Nutrition Market 2022| Future Estimations and Key Industry Segments Poised for Strong Growth in Future 2027
The enteral nutrition market is expected to reach US$ 16,185.64 Mn in 2027 from US$ 8,611.49 Mn in 2018. The market is estimated to grow with a CAGR of 7.4% from 2019-2027.
Shahbaz Syed
According to The Insight Partners
market research titled "Enteral Nutrition Market
to 2027 - Global Analysis and
Forecasts by Form, Nutrient Composition and Distribution Channel". The
global enteral nutrition market is anticipated to reach US$ 16,185.64 Mn in
2027 from US$ 8,611.49 Mn in 2018. The market is anticipated to grow with a
CAGR of 7.4 % from 2019-2027. The report provides the trends prevailing in the
global enteral nutrition market and the factors driving the market along with
those that act as hindrances.
The global enteral nutrition market,
based on the form, is segmented into in liquid and powder. The liquid segment
led the enteral nutrition market in 2018, and; it is expected to retain its
dominance during the forecast period.
Key factors that are driving growth
of the market are increasing malnutrition worldwide and increasing incidence of
chronic diseases. Although the market of the nutrition is expected to have
restraining factors which include complications associated with enteral
nutrition.
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The enteral nutrition market majorly
consists of the players such as B. Braun Melsungen AG, Global, Health Products,
Inc., Meiji Holdings Co., Ltd., Victus, Inc., Hormel Foods Corporation, Abbott,
Nestlé S.A., Danone SA, Fresenius Kabi AG, and Mead Johnson Nutrition Company
among others. Various companies are focusing on organic strategies such as
product launch and product approvals. Inorganic growth strategies activities
witnessed in the market were partnerships and acquisition. For instance, in December
2016, Fresenius Kabi AG Having recognized the growing demand for special
nutritional products in Hong Kong, Fresenius Kabi engaged DKSH to help them
establish a stronger market presence.
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Shahbaz Syed

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