Clinical Nutrition Market-Overview
Clinical nutrition mainly focuses on the development of nutritional products especially for the patients suffering from chronic diseases such as diabetes, chronic obstructive pulmonary disease, gastrointestinal disorders, cancer, immune system disorders, liver and kidney diseases, and many more. Rising prevalence of chronic diseases, extensive demand for clinical nutrition therapy, and growing awareness about the use of nutritional products drive the growth of the market. Additionally, the prevalence of lifestyle diseases such as obesity, and addiction to smoking and alcohol also stimulate the market growth. The market is expected to show flourishing growth in developing regions of Asia Pacific owing to a rising economic burden of chronic diseases and increasing demand for nutritional supplements. Clinical nutrition is now becoming an important field of interest, due to increase important of nutrition to be provided to the patient during his/her stay at the hospital as well as at home. Quality of products offered by the company determines the quality goals and efficiency that can be achieved so as to attract more and more customers, and increase in the sale of nutritional products. The products are needed to be manufactured through quality assurance and quality control market, thus sustaining the position in the market. Therefore, the company should strive to develop qualitative products to attract more and more customers, and enhance its growth.
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Strategic approaches adopted help the major players in the market to sustain their growth and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players. This help the companies to reach untapped markets in developing nations of the worlds, thus reducing the supply demand gap. The companies develop number of nutritional products for patients, addressing their according to the disease condition.
Key players in the Clinical Nutrition Market:
The key players that are involved in Global Clinical Nutrition market are Baxter International, Inc, Abbott Laboratories, B. Braun Melsungen AG, Nestlé S.A, GroupeDanone, Mead Johnson Nutrition Company, Fresenius Kabi AG, Hospira, Inc, Perrigo Company Plc and among others.
Research in Clinical Nutrition by Key Players:
Abbott: A research carried out by University of Illinois and Abbott at the Centre for Nutrition, Learning and Memory discovered that children with higher lutein levels in the eye tend to do better on tests of cognition and academic achievement. This help Abbot to understand the role of nutrition on childhood cognition, which will further help the company to develop product providing maximum benefits children enhancing their cognitive abilities.
Therefore, the market is driven by availability of numerous nutritional products, strategic approaches, and geographical expansion by key players.
Segmentation by Product:
- On the basis of product the market is segmented into:
- Infant Nutrition (Milk Based, Soy Based, Organic, Others and Probiotic/Prebiotic)
- Enteral Nutrition (Standard and For Chronic Illness)
- Parenteral Nutrition
In 2014, North America was the third-largest market for clinical nutrition products, which accounted for 23.1% of the global market share. The U.S. dominates the market in the North American region. The growth in consumer awareness about health and wellbeing, along with the increasing healthcare cost is driving the demand for clinical nutrition products in the region. Additionally, high birth rate is one of the major drivers,in the region. In 2013, the birth rate in the U.S. was 13 per thousand people, as compared to less than 12 per thousand people in many European countries.
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TOC of Clinical Nutrition Market:
1. REPORT PROLOGUE
2. MARKET INTRODUCTION
2.2 SCOPE OF THE STUDY
2.2.1 RESEARCH OBJECTIVE
2.3 MARKET STRUCTURE
3. RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
4. MARKET DYNAMICS
4.4 MEGA TRENDS
4.5 MACROECONOMIC INDICATORS
5. MARKET FACTOR ANALYSIS
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Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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