Clinical Nutrition Market Set for Remarkable Growth, To Grow at a Lucrative CAGR – Zion Market Research
The latest research report by Zion Market Research (ZMR) affirms that the global clinical nutrition market is representing an extremely competitive business environment with the fascination of a number of dominating market players. Some of the key players operating in the global clinical nutrition market are Nestle Nutrition, Abbott Laboratories Inc., Danone, GlaxoSmithKline, Baxter Healthcare Ltd., Mead Johnson, Nutricia, Fresenius Kabi AB, and B Braun Melsungen AG.
Increased Demand For Clinical Nutrition To Propel The Global Clinical Nutrition Market
The demand for clinical nutrition is expected to rise because of increased aged population and infants. This rise in demand is supposed to boost the global clinical nutrition market in the upcoming period. Similarly, the rise in expenses on health care, growth in numerous diseases and disorders also is supposed to boost the global clinical nutrition market. In aged people, health issues related to the metabolic disorders and loss of appetite are boosting the global clinical nutrition market. Growing consumption of junk food is also one of the factors boosting the global clinical nutrition market.
The segmentation of the global clinical nutrition market can be done based on various aspects. Based on the product type, the global clinical nutrition market can be segmented into parenteral nutrition, infant nutrition, and enteral nutrition. The segment for Infant nutrition in the global clinical nutrition market is estimated to witness promising growth on a global level in the upcoming period.
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Based on the type of diseases, the global clinical nutrition market can be bifurcated into nutritional support in gastrointestinal diseases, nutritional support in cancer, nutritional support in respiratory diseases, nutritional support in renal diseases, nutritional support in neurological diseases, and nutritional support in other diseases.
Newborns, children, adults, and aged population are said to be important end-users in the global clinical nutrition market. The infant segment in the global clinical nutrition market is estimated to show its dominance in the upcoming period.
The Asia Pacific To continue Its Dominance In The Global Clinical Nutrition Market Due To High Birth Rate In The Region
The Asia Pacific is projected to be the dominant region over the upcoming period. Numerous countries in the Asia Pacific region show a high birth rate. This leads to a growing demand for the clinical nutrition products, thereby propelling the clinical nutrition market in the region. Presently, Europe region is facing increased instances of metabolic disorders, leading to advance the requirement of clinical nutrition products, thereby boosting the global clinical nutrition market in the region. Europe, North America, Latin America, Asia-Pacific, and Middle East & Africa are said to be the important regional segments in the global clinical nutrition market.
In January 2018, Fresenius Kabi, a leading pharma company announced its collaboration with the American Society for Parenteral and Enteral Nutrition (ASPEN). This collaboration was intended for spreading awareness amongst clinicians who are engaged in providing nutrition support. The latest collaboration launched a video series. These videos were highlighting the best practices for preparing, dosing, and administering intravenous lipid emulsions (ILE).
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The global clinical nutrition market is segmented as follows:
- Enteral Nutrition
- Standard Nutrition
- Enteral Nutrition for Chronic Illness
- Parenteral Nutrition
- Amino acids
- Infant Nutrition
- Nutritional support in Cancer
- Nutritional support in Gastrointestinal Disease
- Nutritional support in Neurological Diseases
- Nutritional support in Renal Diseases
- Nutritional support in Respiratory Diseases
- Nutritional support in Other Diseases
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
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