Medical Nutrition Market Share Growth 2020 | Statistics Revenue, Share, Competit
Posted by shriya on June 2nd, 2021
The global Medical Nutrition Market Share is expected to exhibit a CAGR of 5% over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global medical nutrition market is mainly driven by the growing awareness about the sector, which has become important in the modern world due to the increasing awareness about the importance of nutrition and proper dietary intake in warding off diseases. The report provides readers with a comprehensive overview of the market, analyzing the market with the help of detailed statistics and analytical models. Reliable analytical models are used to make sense of the global medical nutrition market’s trajectory.
Leading players in the global medical nutrition market include Fresenius Kabi AG, B. Braun Melsungen AG, Grifols SA, Danisco (DuPont), Danone Nutricia, Bayer AG, Mead Johnson Nutrition Company, GlaxoSmithKline plc, Abbott Nutrition, Pfizer Inc., Sanofi, Baxter Healthcare Corporation, and Nestle Health Science.
The global medical nutrition market is segmented on the basis of type, product type, route of administration, application, distribution channel, and region.
By type, the global medical nutrition market is segmented into pediatric nutrition, elderly nutrition, parenteral nutrition, and sports nutrition. Pediatric nutrition accounted for the highest market share of 30.2% in 2017 and is likely to remain the leading segment through the forecast period due to the high rate of premature births in emerging countries. Parenteral nutrition is also a leading segment in the global medical nutrition market.
The Americas is the leading revenue generator in the global medical nutrition market and is likely to retain the position over the forecast period, followed by Europe and Asia Pacific. The growing geriatric population in the Americas, especially North America, is likely to be a major driver for the global medical nutrition market. The Asia Pacific market for medical nutrition is expected to exhibit a solid 4.5% over the forecast period from 2018 to 2023.
Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/medical-nutrition-market-1330
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Joined: May 18th, 2021
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