Adult Clinical Oral Nutrition Market Introduction
The adult clinical oral nutrition market refers to the consumption of nutrient-rich oral supplements, which are primarily used for the treatment of medical conditions that result in malnutrition, including cancer, gastrointestinal disorders, neurological disorders, and other chronic diseases. These supplements are designed to meet the specific nutritional requirements of adult patients and are usually prescribed by healthcare professionals. The supplements are available in various forms, including powders, liquids, and bars, and are generally consumed as a replacement for regular meals or as a supplement to meals. The market for adult clinical oral nutrition products has been growing due to the increasing prevalence of chronic diseases and the need for proper nutrition to aid in the recovery of patients.
Adult Clinical Oral Nutrition Market Size
As of 2021, the global adult clinical oral nutrition market was valued at approximately USD 7.8 billion. The market is expected to grow at a CAGR of around 7.2% from 2022 to 2030, reaching a projected value of USD 15.4 billion by the end of 2030. The increasing aging population and the rising incidence of chronic diseases such as cancer, diabetes, and gastrointestinal disorders are among the major factors driving the growth of the market. Additionally, the growing awareness about the importance of clinical nutrition and the rise in healthcare expenditure are expected to contribute to the growth of the market in the coming years.
Adult Clinical Oral Nutrition Market Share
There is no specific data available on the market share of adult clinical oral nutrition as a standalone market. However, it is a segment within the larger clinical nutrition market, which includes enteral and parenteral nutrition products. The global clinical nutrition market size was valued at USD 55.6 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2021 to 2028. The report also notes that increasing prevalence of chronic diseases and rising geriatric population are among the key factors driving the growth of the clinical nutrition market.
Adult Clinical Oral Nutrition Market Trends
The adult clinical oral nutrition market has been experiencing several trends in recent years, including:
- Increasing demand for personalized nutrition: With the rise of precision medicine, there is a growing demand for personalized nutrition solutions that can meet the unique nutritional needs of individual patients.
- Focus on disease-specific nutrition: There is an increasing focus on the development of disease-specific nutrition products that can support patients with specific conditions such as cancer, diabetes, and gastrointestinal disorders.
- Rising demand for functional foods: Functional foods are gaining popularity in the adult clinical oral nutrition market due to their ability to provide targeted health benefits beyond basic nutrition. These products are often fortified with additional vitamins, minerals, and other nutrients to help support specific health goals.
- Growing preference for natural and organic products: Consumers are becoming more health-conscious and are seeking out natural and organic products that are free from artificial additives, preservatives, and other chemicals.
- Increasing adoption of e-commerce channels: With the rise of e-commerce platforms, there has been an increasing adoption of online channels for purchasing adult clinical oral nutrition products. This has made it easier for patients to access the products they need from the comfort of their own homes.
Adult Clinical Oral Nutrition Market Driving factors
The growth of the adult clinical oral nutrition market is being driven by several factors, including:
- Increasing prevalence of chronic diseases: Chronic diseases, such as cancer, diabetes, and chronic obstructive pulmonary disease (COPD), often lead to malnutrition in adults. This has created a demand for clinical oral nutrition products that can help manage the nutritional needs of these patients.
- Growing aging population: The world's population is aging rapidly, with a projected 1.5 billion people over the age of 65 by 2050. As people age, their nutritional needs change, and they may require specialized nutrition products to maintain their health.
- Rise in demand for home healthcare: Home healthcare is becoming increasingly popular, and many adults with chronic diseases are being treated at home. As a result, there is a growing demand for oral nutrition products that are easy to use and can be delivered to patients at home.
- Increasing awareness about the importance of proper nutrition: There is a growing awareness among consumers about the importance of proper nutrition for maintaining good health. This has led to an increased demand for clinical oral nutrition products that are designed to provide targeted nutrition for specific medical conditions.
- Technological advancements in oral nutrition products: The development of new and innovative oral nutrition products, such as ready-to-drink nutritional supplements and specialized oral nutrition formulas, has expanded the options available for patients and healthcare providers. These advancements have driven the growth of the market by improving the effectiveness and convenience of clinical oral nutrition products.
Adult Clinical Oral Nutrition Market Regional Analysis
The adult clinical oral nutrition market can be analyzed on a regional basis, which includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.North America is expected to dominate the global adult clinical oral nutrition market due to the high prevalence of malnutrition and other chronic diseases in the region. In addition, the presence of leading players and advanced healthcare infrastructure are other factors contributing to the growth of the market in North America.Europe is also expected to hold a significant share of the market due to increasing awareness regarding the benefits of clinical nutrition and rising geriatric population. The Asia Pacific is expected to witness substantial growth due to the increasing adoption of western dietary habits and changing lifestyles leading to chronic diseases.Latin America and the Middle East and Africa are expected to witness moderate growth due to the lack of awareness and underdeveloped healthcare infrastructure in these regions.Overall, the global adult clinical oral nutrition market is expected to grow at a steady pace across all regions during the forecast period.
Adult Clinical Oral Nutrition Market Forecasts 2030
The adult clinical oral nutrition market is a rapidly growing segment of the global nutrition market. This segment includes products designed specifically for individuals with medical conditions that require specialized nutritional support. The market includes products such as oral nutrition supplements, tube feeding formulas, and medical foods.The global clinical nutrition market, including adult clinical oral nutrition, was valued at $44.6 billion in 2020 and is expected to reach $59.1 billion by 2025, growing at a CAGR of 5.8% during the forecast period. The increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases, as well as the growing geriatric population, are some of the key factors driving the growth of this market.Moreover, the COVID-19 pandemic has further boosted the demand for adult clinical oral nutrition products, as patients with the virus or related complications require specialized nutritional support. This has led to an increase in demand for products such as immune-enhancing formulas, high-protein supplements, and enteral feeding formulas.In summary, the adult clinical oral nutrition market is expected to continue growing in the coming years, driven by factors such as increasing prevalence of chronic diseases, growing geriatric population, and demand for specialized nutritional support due to the COVID-19 pandemic.
Adult Clinical Oral Nutrition Market Key Industry Players
Some of the key players in the adult clinical oral nutrition market include Abbott Laboratories, Nestle Health Science, Danone Nutricia, B. Braun Melsungen AG, Baxter International, Inc., Mead Johnson & Company, LLC, Perrigo Company plc, and Fresenius Kabi AG, among others.