Clinical Nutrition Market Size, Share, Growth Analysis, By Route of Administration (Oral, Parenteral) By Application (Cancer, Neurological Diseases), By Distribution Channel, By End User, By Region - Industry Forecast 2024-2031

In 2021, North America accounts for the largest share of the market and is expected to register a CAGR of 5.5% during the projected period. Continuous clinical nutrition R&D is a key trend in the clinical nutrition sector in North America. In addition, for several chronic diseases, including coronary artery disease, ischemic stroke, diabetes, and a few cancer indications. Diabetes prevalence has boosted the demand for medical nutrition therapy. In addition, the expanding demand for clinical nutrition in the pediatric sector is likely to present market participants with lucrative growth opportunities and drive the clinical nutrition market size during the analysis period.

Asia-Pacific has the highest growth rate. Significant factors contributing to the growth of the Asia Pacific clinical nutrition market include an increase in the frequency of metabolic disorders and neurological diseases, a rise in the geriatric population in the region, and high healthcare expenditure. In addition, increasing government initiatives for the improvement of the healthcare industry and a rise in the emphasis of leading manufacturers on expanding their geographic presence in emerging nations to capture high growth opportunities in the market are driving the clinical nutrition market's growth.

Europe accounts for the second largest market for clinical nutrition market in the year 2021. The clinical nutrition market in Europe is anticipated to grow at a CAGR of 6.2% during the forecast period. The alarming increase in nutrition therapy and dietary therapy for patients with metabolic syndrome is a major factor driving the clinical nutrition market in this region. In addition, raising patient knowledge regarding the availability of clinical nutrition in European nations is predicted to enhance market growth. In addition, an increase in government support for innovation and an increase in the funding of initiatives for new clinical nutrition research and development fuel the clinical nutrition market growth in this region during the forecast period.