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Adult Clinical Oral Nutrition Market Size

Report ID: GMI5424
Published Date: Feb 2023
Report Format: PDF

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Adult Clinical Oral Nutrition Market Size

Adult Clinical Oral Nutrition Market size crossed USD 8 billion in 2022 and is poised to depict over 5% CAGR through 2023-2032, on account of the growing burden of chronic diseases.

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With the mounting prevalence of non-communicable diseases such as malnutrition and obesity, the rate of prolonged hospitalization is increasing globally. Based on study data from Baxter International, approximately 2 million hospital stays involve malnutrition in the U.S. Such factors will boost the acceptance of oral nutritional therapy as a safe and effective way to fight adult malnutrition. Likewise, the burden of chronic and metabolic disorders has risen across the globe, further increasing demand for the therapy.

Adult Clinical Oral Nutrition Market Report Attributes
Report Attribute	Details
Base Year:	2022
Adult Clinical Oral Nutrition Market Size in 2022:	USD 8 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5%
2032 Value Projection:	USD 13 Billion
Historical Data for:	2018 to 2022
No. of Pages:	280
Tables, Charts & Figures:	387
Segments covered:	Product, Therapeutic Area, Form, Sales Channel, and Region
Growth Drivers:	Increasing metabolic disorders and other chronic diseases Increasing adoption of home healthcare High junk food consumption leading to malnourishment Surging geriatric population
Pitfalls & Challenges:	Stringent government regulations

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Additionally, according to the International Diabetes Federation, in 2021, over 537 million adults were diagnosed with diabetes in middle- and low-income countries. The requirement for malnutrition management among hospitalized patients with diabetes will therefore surge and in turn, strengthen the industry outlook. However, the introduction of stringent regulatory frameworks associated with product efficacy and labeling may restrict the development of adult oral nutrition support solutions to some extent over the forecast period.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for adult clinical oral nutrition crossed USD 8 billion in 2022 and will register over 5% CAGR through 2023-2032, on account of the growing chronic disease burden.

Milk-based product segment is expected to be valued at over USD 6.5 billion by 2032, due to high calcium, potassium, and other nutrient content.

Europe adult clinical oral nutrition market is projected to depict over 4% CAGR through 2023-2032, driven by the increasing adoption of sedentary lifestyle and the high prevalence of malnutrition.

Perrigo Company, Meiji Holdings, Co. Ltd., Danone, Medtrition, Cantabria Labs, Archer Daniels Midland Company, Nestle Health Science S.A. (Nestle S.A.), and Abbott Laboratories are some of the key players in the market.