Middle-East and Africa Clinical Nutrition Market is projected to reach USD 4.12
Posted by MDFtrends on December 11th, 2017
According to the report Middle-East and Africa Clinical Nutrition Market, published by Market Data Forecast, the global market is projected to reach USD 4.12 billion by 2021, at a CAGR of 5.1% from 2016 to 2021.
Clinical nutrition is an area of medicine that offers treatment of medical disorders initiated due to improper diet or due to the body’s failure to absorb nutrients accessible in a normal diet. It is the most effective way to treat malnutrition and avoid associated costs. These products are considered to be the best alternatives for the treatment of different diseases, such as kidney diseases, diabetes, cardiovascular diseases and cancer.
Clinical nutrition is a vast domain including enteral and parenteral feeding, covering denutrition in intensive stress such as surgical trauma, burns, eating disorders, etc. Products are considered as pharmaceuticals and therefore manufacturing must follow strict conditions. It is an area of medicine that seeks to identify and treat medical disorders in humans that result from improper or inadequate diet, or from diseases that make the body unable to handle the nutrients delivered to it in the normal diet. Other metabolic blocks due to amino acids can be for example histidine in patients with renal disease and cystine in patients with liver disease.
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Middle-East and Africa North America Clinical Nutrition Market: Drivers & Restraints
Increasing product lines in nutrition markets, an aging population, a stable infant birth rate, and several other factors are driving sales for clinical nutrition products. Moreover, innovative products, developments in follow-up formulas, and other organic formulas are expected to fuel the market growth in the forecast period. However, stringent regulatory scenario and tolerability issues are expected to hinder the growth of the market.
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Middle-East and Africa Clinical Nutrition Market: Segmentation
By Route of Administration
By Therapeutic Area
By Ingredients Type
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Middle-East and Africa Clinical Nutrition Market: Overview
Enteral nutrition is the product type segment with highest share in the market. North America is the third largest market for clinical nutrition products. Infant products grabbed over 55% of industry share with over 9% CAGR. High birth rate in developing countries, growing number of pre-mature births, increasing baby boomer’s population coupled with surge in metabolic disorders should contribute towards clinical nutrition market expansion. Milk based products held more than 70% of infant market share owing to the rising preference for milk products among infant caretakers.
2015 parenteral clinical nutrition industry was valued over USD 4.2 billion and is expected to witness more than 5% CAGR. Increasing incidence of chronic diseases such as cancer, HIV/AIDS, and diabetes is the major factor stimulating the business growth. The industry will witness a shift from parenteral to enteral nutrition leading to a declining parenteral share over the forecast years. Amino acid based products held over 40% of parenteral nutrition market share while fat based products should witness the highest growth in parenteral business.
Middle-East and Africa Clinical Nutrition Market: Region-wise Outlook
Based on geography the market is analysed under various regions namely, Middle-East and Africa. Africa region leads the clinical nutritional market with largest market share. Growing consumer awareness about proper health and wellbeing is driving the market in this region.
Key Questions Answered
Middle-East and Africa Clinical Nutrition Market: Key Players
Some of the key participants in clinical nutrition products market include Nestle Nutrition, Abbott Laboratories Inc., Gentiva Health Services Inc., Mead Johnson & Company, Kendall, Ajinomoto Co. Inc., Hospira Inc., Hero Nutritionals Inc., Lonza Ltd, Baxter International Inc., B. Braun Melsungen AG, H. J. Heinz Company, American Home Patient Inc., and Fresenius Kabi among others.
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