Medical Nutrition Market Size, Share, Growth Analysis, By Type(Paediatric Nutrition, Elderly Nutrition, Parenteral Nutrition, and Sports Nutrition), By Product Type(Amino Acid Solutions, Multivitamin Supplements, Antioxidants, Lipid Emulsions), By Application(Pulmonary Disease, Cancer, Gastrointestinal Disease, Obesity), By Administration Route(Oral, Parenteral, and Intravenous), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35D2252 | Region: Global | Published Date: May, 2024
Pages: 218 |Tables: 125 |Figures: 86

Medical Nutrition Market Insights

Global Medical Nutrition Market Report size was valued at USD 13.45 Billion in 2022 and is poised to grow from USD 14.1 Billion in 2023 to USD 21.80 Billion by 2031, at a CAGR of 5.6% during the forecast period (2024-2031).

The global population is getting older, and this trend is seen in almost every country. Older people are more likely to have age-related health issues like nervous disorders, Parkinson’s disease, diabetes, and organ failure. Many elderly patients have trouble eating regular food and need special nutrition delivered directly into their bloodstream (parenteral nutrition) to stay healthy. Hospitals see more elderly patients and often need longer stays. This increase in elderly patients has led to more use of parenteral nutrition in recent years. Home parenteral nutrition therapy is becoming more common among elderly people with chronic illnesses like diabetes, cancer, and AIDS, which is expected to boost the medical nutrition market. The rise in chronic diseases is also leading to more cases of malnutrition, especially among patients with chronic obstructive pulmonary disease (COPD), a major cause of disability and death worldwide. Treating malnutrition in these patients requires specialized nutrients considered as medications, not just supplements. Medical nutrition products help keep patients healthy by providing essential nutrients like minerals and vitamins.

Several factors are driving the growth of the medical nutrition market, including the increasing prevalence of metabolic disorders, higher healthcare spending, and the growing middle class in emerging economies. The number of people diagnosed with metabolic disorders is rising, creating opportunities for medical nutrition companies. Healthcare spending is increasing faster than economic growth in many countries, leading to higher demand for medical nutrition products. There are also funding opportunities for clinical nutrition research from governments and private foundations, which are helping to grow the market.

Market Snapshot - 2024-2031

Global Market Size

USD 13.45 Billion

Largest Segment

Oral

Fastest Growth

Parenteral

Growth Rate

5.6% CAGR

Global Medical Nutrition Market ($ Bn)
Country Share for North America Region (%)

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Medical Nutrition Market Segmental Analysis

The global medical nutrition market is segmented based on type, product type, administration route, application, distribution channel and region. By type, the market is segmented into paediatric nutrition, elderly nutrition, parenteral nutrition, and sports nutrition. By product type, the market is segmented into amino acid solutions, multivitamin supplements, antioxidants, lipid emulsions, trace elements, and chamber beads. By administration route, the market is segmented into oral, parenteral, and intravenous. By application, the market is segmented into pulmonary disease, cancer, gastrointestinal disease, obesity, diabetes, paediatric malnutrition, renal failure and neurological diseases. By distribution channel, the market can be segmented into compounding pharmacies, hospitals, retail pharmacies, and ecommerce websites. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Analysis By Type

The largest segment is pediatric nutrition, which focuses on providing specialized nutrition for infants and children. This segment is significant due to the high demand for nutrition products tailored to the unique needs of growing children.

The fastest-growing segment is parenteral nutrition, which involves delivering nutrients directly into the bloodstream. This method is increasingly used for patients who cannot eat or digest food normally, such as those undergoing surgery or with digestive disorders. The demand for parenteral nutrition is growing rapidly due to the rising prevalence of chronic diseases and surgical procedures requiring nutritional support. Additionally, advancements in medical technology and research are leading to the development of more specialized parenteral nutrition formulations, further fueling the growth of this segment.

Analysis By Product Type

The largest segment is multivitamin supplements, which provide a combination of essential vitamins and minerals to support overall health. These supplements are widely used by individuals of all ages and are considered essential for maintaining proper nutrition.

The fastest-growing segment is amino acid solutions, which provide essential building blocks for proteins needed for tissue repair and growth. These solutions are in high demand for patients with medical conditions that require additional protein intake, such as surgery recovery or muscle wasting diseases. The increasing prevalence of chronic diseases and surgical procedures that require nutritional support is driving the growth of this segment. Additionally, advancements in medical technology and research are leading to the development of more specialized amino acid solutions tailored to specific patient needs, further fueling the growth of this segment.

Analysis By Administration Route

The largest segment is oral nutrition, where patients consume supplements or formulas by mouth. This method is the most common and convenient for many patients, making it the largest segment.

The fastest-growing segment is parenteral nutrition, where nutrients are delivered directly into the bloodstream. This method is increasingly used for patients who cannot eat or digest food normally, such as those undergoing surgery or with digestive disorders. The demand for parenteral nutrition is growing rapidly due to the rising prevalence of chronic diseases and surgical procedures requiring nutritional support. Additionally, advancements in medical technology and research are leading to the development of more specialized parenteral nutrition formulations, further fueling the growth of this segment.

Analysis By Application

The largest segment is pediatric malnutrition, focusing on providing nutrition for children who are malnourished. This segment is significant due to the high prevalence of malnutrition among children globally.

The fastest-growing segment is cancer, where medical nutrition plays a crucial role in supporting patients undergoing treatment. Cancer patients often experience appetite loss and difficulty eating, making it essential to provide them with specialized nutrition to maintain their strength and overall health. The increasing incidence of cancer worldwide and the recognition of the importance of nutrition in cancer care are driving the growth of this segment.

Analysis By Distribution Channel

The largest segment is hospitals, where medical nutrition products are commonly prescribed and administered to patients as part of their treatment plans. Hospitals have extensive infrastructure and healthcare professionals to provide comprehensive care, making them the primary distribution channel.

The fastest-growing segment is ecommerce websites, as more consumers are turning to online platforms to purchase medical nutrition products for convenience and accessibility. This trend is driven by the increasing availability of medical nutrition products online and the growing preference for online shopping among consumers. Additionally, the COVID-19 pandemic has accelerated the shift towards online shopping, further boosting the growth of ecommerce channels for medical nutrition products.

Global Medical Nutrition Market By Administration Route, 2022 (%)

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Medical Nutrition Market Regional Insights

The dominating region in the Global Medical Nutrition Market Report is North America, which holds a significant market share, followed by Europe. The rising cases of malnutrition have boosted the medical nutrition market in North America. In the US alone, around 2 million people suffer from hunger, including 13 million children (about twice the population of Arizona). North America has a big share of 35% in the medical nutrition market. The region sees a lot of cancer and metabolic health issues, so medical nutrition is used a lot. Also, there are more elderly people there. For example, by 2025, Canada and the USA will have around 30% of their population aged 60 and above. North America is expected to continue dominating the global medical nutrition market by 2031. Additionally, the US is expected to show significant growth in this market.

Asia-Pacific has been the fastest growing market in the Global medical nutrition market. In the Asia Pacific region, the prevalence of inflammatory bowel disease (IBD) and gastrointestinal (GI) tract disorders is increasing, which is driving growth in the medical nutrition market. In the Asia-Pacific region, there's a great opportunity for growth in the next few years, from 2024 to 2031. This is because people in low-middle income countries are living six years longer, and in high-income countries, they're living four years longer. Also, the fertility rate has decreased from 2.6 to 2.1. This increase in life expectancy and decrease in fertility rates are linked to better medical facilities. As a result, there's been an increase in metabolic and neurological disorders, creating more demand for medical nutrition products. This is why the medical nutrition market is expected to grow in this region. Asia Pacific is expected to be the leading region for medical nutrition market growth due to the rising number of diseases like diabetes and cancer. The increasing prevalence of cancer is also expected to contribute to the global medical nutrition market growth.

However, the Middle East and Africa region are expected to have slower growth in the medical nutrition market due to limited access to quality healthcare.

Global Medical Nutrition Market By Region, 2024-2031
  • Largest
  • Fastest

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Medical Nutrition Market Dynamics

Drivers 

The Rising Senior Population Worldwide

  • According to a report from the World Health Organization (WHO) on aging, the number of elderly people in North America is increasing compared to younger people. For example, in the USA, the percentage of adults aged 65 and older is 15.2%, while children under 18 make up 22.8%. But by 2060, these numbers are expected to switch, with adults over 65 making up 23.4% and children under 18 at 19.8%. By 2034, there will likely be an equal number of adults and young people in the USA, both totaling 77 million. Similarly, the Asia Pacific region is also seeing an increase in its elderly population. By 2050, one in four people in the region will be elderly, totaling 1.3 billion people. However, this average will vary depending on the country's development status. For instance, countries like Japan, the Republic of Korea, and Singapore are expected to have 33% of their population aged 60 and above. Elderly people are more prone to diabetes and other metabolic disorders, which may require medical nutrition to manage their condition. They may also need guidance from a nutritionist during surgeries, with medical nutrition therapy recommended to help them manage their blood sugar levels throughout their lives.

Rising Healthcare Expenditure

  • As healthcare spending rises in both developed and developing countries, it's driving growth in the medical nutrition market. Governments and healthcare organizations are realizing that using medical nutrition to manage diseases is cost-effective and helps reduce hospital stays.

Treating Acute Malnutrition in Non-Hospital Settings

  • Acute malnutrition happens when children are extremely underweight for their height, according to WHO standards. To tackle this serious problem, it's crucial to provide proper nutrition to both mothers and children. Malnutrition is a leading cause of death in children under five, accounting for 35% of deaths. However, with proper follow-up from a medical nutritionist and other changes, this fatality rate can be reduced by 55% in hospitals. But not all cases require hospitalization; many can be treated in outpatient settings or community programs. These settings allow for wider reach and basic care for metabolic health. Outpatient nutrition programs are becoming more popular, like the one in a refugee camp near the African Republic border. Here, an approach called IMAM (Integrated Management of Acute Malnutrition) is used to educate children and their mothers about proper feeding and essential nutrition. This program has been successful, with 3,053 out of 4,326 treated children being cured.

Dietary Shifts and the Growth of Medical Nutrition Industry

  • Changes in our eating habits, like smoking, drinking alcohol, working long hours, and eating a lot of fast food, have led to not getting enough of the nutrients our bodies need. This is one reason why the medical nutrition industry is growing.

Restraints 

Side Effects and Complications

  • One big reason why the medical nutrition market isn't growing as much is because some products can cause side effects and complications. For example, a report from the National Institute of Health in September 2020 showed that certain nutritional supplements can have strong effects on our bodies and can cause side effects if taken in high doses instead of prescribed medications. These supplements may increase the risk of bleeding during surgery and can affect how anesthesia works.

High Production Costs

  • High production costs pose a significant challenge for the global medical nutrition market. These costs stem from various factors, including the need for high-quality ingredients, adherence to strict regulatory standards, and specialized manufacturing processes. Manufacturers must navigate these expenses while ensuring the delivery of safe and effective products. Balancing cost-effectiveness with quality remains a key concern for stakeholders in the industry.

Low Exposure Towards Nutrition

  • Many people don't know much about medical nutrition, especially in areas with low education levels and little oversight of big companies. For example, in Yemen, a lot of children suffer from acute malnutrition. Out of 1.4 million children (about half the population of Nevada), 10% of them are affected. The number increased by 15.5% in 2020 because of COVID-19, political issues, and economic problems. Also, well-known medical nutrition brands aren't widely available in these areas. These factors can slow down the growth of the global medical nutrition market.

Adapting to Evolving Dietary Guidelines in Medical Nutrition Industry

  • Dietary guidelines are always changing as new research comes out. Manufacturers need to keep up with these changes and adjust their products and how they market them. Making sure medical nutrition products follow the latest guidelines is an ongoing challenge.

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Medical Nutrition Market Competitive Landscape

The global medical nutrition market is primarily consolidated, with a few key players dominating the industry. Companies such as Nestlé Health Science, Abbott Nutrition, and Danone Nutricia hold significant market shares due to their extensive product portfolios and established distribution networks. However, the market also features some fragmentation, with smaller players and emerging startups carving out ideal position with specialized offerings. Competitors in the medical nutrition industry must offer cost effective treatments and products to expand and survive in an increasingly competitive and rising market environment. One of the primary businesses strategies adopted by manufacturers in the medical nutrition industry to benefit patients and expand market sector is to manufacture locally to reduce operating costs. Despite some fragmentation, the market is predominantly consolidated, with major players driving industry trends and innovation.

Top Player’s Company Profile

  • Fresenius Kabi AG
  • Nestlé Health Science (Nestlé S.A.)
  • Abbott
  • AYMES International Ltd.
  • Mead Johnson Nutrition
  • Medifood GmbH
  • Abbott Laboratories
  • Medtrition, Inc.
  • B. Braun Melsungen AG
  • Danone S.A.
  • NUTRICIÓN MÉDICA
  • Pfizer Inc.
  • Baxter
  • Baxter International Inc.
  • Ajinomoto Co. Inc.
  • Meiji Holdings Co., Ltd
  • MNI
  • VICTUS
  • Perrigo Company plc
  • Cambrooke Therapeutics, Inc.
  • Herbalife Nutrition Ltd.
  • Danone Nutricia
  • Otsuka Holdings Co., Ltd.
  • GlaxoSmithKline plc
  • Mars Incorporated
  • Sichuan Kelun Pharmaceutical Co., Ltd.

Recent Developments

  • In January 2023, Nutricia introduced Fortimel Plant Based Energy, which is their first plant-based nutritional supplement. This product is made from proteins found in peas and soybeans. It's designed to help people who are malnourished or at risk of becoming malnourished by providing important nutrients.
  • On September 29th, VIK launched its Global Brand Strategy along with the Schleiden Memorial Edition of its product called "Centennial Series Nutrition". VIK, an international medical nutrition and health brand, is a key player in the health industry. It has made innovative advancements starting from basic nutrition to advanced nutrition and now to medical-grade products. This diverse and refined approach to health solutions is driving the development of the healthcare industry forward.
  • In January 2024, BD (Becton, Dickinson, and Company), a top medical innovation organization, and Techcyte, a global leader in AI-based advanced diagnostics, uncovered a strategic partnership. Together, they expect to give a simulated AI-powered algorithm to help cytologists and pathologists distinguish indications of cervical disease and precancers, utilizing entire slide imaging more proficiently and precisely.

Medical Nutrition Key Market Trends

  • Rising Awareness and Knowledge in Nutrition Sector: The internet has made it easier for people to learn about the importance of medical nutrition, especially for those dealing with serious health issues like diabetes. Patients are now more aware of the need to incorporate well-researched nutrition into their lifestyles, such as controlling carbohydrate intake for diabetes management. This awareness helps healthcare providers gain more trust from patients in the medical nutrition market.
  • Personalization: Personalization is a big trend in the food and nutrition industry, and it's also happening in medical nutrition. In the future, medical nutrition will be more personalized, offering solutions that are tailored to a person's specific health condition, food preferences, and genetic makeup. This is possible because of the growing knowledge in nutrigenomics, which looks at how a person's genes interact with their diet, allowing for very specific nutrition recommendations.
  • Environmentally Friendly and Plant-Based Choices: People are becoming more concerned about the environment and are choosing medical nutrition products that are sustainable and environmentally friendly. They prefer plant-based options, so manufacturers are creating products like plant-based protein shakes and supplements with lower environmental impact to meet this demand.
  • Integration of Functional Foods: Functional foods with added health benefits are becoming popular in the medical nutrition market. These foods provide an easy and enjoyable way for people to meet their specific dietary needs. Examples include yogurt fortified for better digestion and cereals fortified for heart health.

Medical Nutrition Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. 

According to our Global Medical Nutrition Market Report analysis, there are several factors which shape the path of the medical nutrition market. Medical nutrition products are mostly used by elderly people, but adults are also using them for overall health. This creates good opportunities for companies in the market. By focusing on specialized products for specific conditions, companies can expect to grow. People are willing to pay more for these products. With increasing global health issues, sales of medical nutrition products are expected to rise. The paediatric segment is expected to hold the medical nutrition market, driven by the unique nutritional needs of children. Meanwhile, the cancer segment is experiencing quick growth due to the increasing incidence of cancer and the importance of specialized nutrition in supporting patients undergoing treatment. These trends indicate significant opportunities for companies operating in the medical nutrition market to cater to the specific needs of these segments and drive growth. Leading the global parenteral nutrition market, North America is driven by the presence of established healthcare infrastructure, high healthcare expenditure, and increasing prevalence of chronic diseases. One big trend is choosing eco-friendly and plant-based options because they're sustainable. Medical nutrition companies should focus on meeting changing consumer needs to increase profits. They should expand globally and target growing markets like Asia-Pacific (AP), Europe (EJ), and the Middle East and Africa (MEA) to grow their business.

Report Metric Details
Market size value in 2022 USD 13.45 Billion
Market size value in 2031 USD 21.80 Billion
Growth Rate 5.6%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Paediatric Nutrition, Elderly Nutrition, Parenteral Nutrition, and Sports Nutrition
  • Product Type
    • Amino Acid Solutions, Multivitamin Supplements, Antioxidants, Lipid Emulsions, Trace Elements, and Chamber Beads
  • Application
    • Pulmonary Disease, Cancer, Gastrointestinal Disease, Obesity, Diabetes, Paediatric Malnutrition, Renal Failure and Neurological Diseases
  • Administration Route
    • Oral, Parenteral, and Intravenous
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Fresenius Kabi AG
  • Nestlé Health Science (Nestlé S.A.)
  • Abbott
  • AYMES International Ltd.
  • Mead Johnson Nutrition
  • Medifood GmbH
  • Abbott Laboratories
  • Medtrition, Inc.
  • B. Braun Melsungen AG
  • Danone S.A.
  • NUTRICIÓN MÉDICA
  • Pfizer Inc.
  • Baxter
  • Baxter International Inc.
  • Ajinomoto Co. Inc.
  • Meiji Holdings Co., Ltd
  • MNI
  • VICTUS
  • Perrigo Company plc
  • Cambrooke Therapeutics, Inc.
  • Herbalife Nutrition Ltd.
  • Danone Nutricia
  • Otsuka Holdings Co., Ltd.
  • GlaxoSmithKline plc
  • Mars Incorporated
  • Sichuan Kelun Pharmaceutical Co., Ltd.

Recent Developments

  • In January 2023, Nutricia introduced Fortimel Plant Based Energy, which is their first plant-based nutritional supplement. This product is made from proteins found in peas and soybeans. It's designed to help people who are malnourished or at risk of becoming malnourished by providing important nutrients.
  • On September 29th, VIK launched its Global Brand Strategy along with the Schleiden Memorial Edition of its product called "Centennial Series Nutrition". VIK, an international medical nutrition and health brand, is a key player in the health industry. It has made innovative advancements starting from basic nutrition to advanced nutrition and now to medical-grade products. This diverse and refined approach to health solutions is driving the development of the healthcare industry forward.
  • In January 2024, BD (Becton, Dickinson, and Company), a top medical innovation organization, and Techcyte, a global leader in AI-based advanced diagnostics, uncovered a strategic partnership. Together, they expect to give a simulated AI-powered algorithm to help cytologists and pathologists distinguish indications of cervical disease and precancers, utilizing entire slide imaging more proficiently and precisely.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Medical Nutrition Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Medical Nutrition Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Medical Nutrition Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Medical Nutrition Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Medical Nutrition Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Medical Nutrition Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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Medical Nutrition Market Report size was valued at USD 13.45 Billion in 2022 and is poised to grow from USD 14.1 Billion in 2023 to USD 21.80 Billion by 2031, at a CAGR of 5.6% during the forecast period (2024-2031).

The medical nutrition market is primarily consolidated, with a few key players dominating the industry. Companies such as Nestlé Health Science, Abbott Nutrition, and Danone Nutricia hold significant market shares due to their extensive product portfolios and established distribution networks. However, the market also features some fragmentation, with smaller players and emerging startups carving out ideal position with specialized offerings. Competitors in the medical nutrition industry must offer cost effective treatments and products to expand and survive in an increasingly competitive and rising market environment. One of the primary businesses strategies adopted by manufacturers in the medical nutrition industry to benefit patients and expand market sector is to manufacture locally to reduce operating costs. Despite some fragmentation, the market is predominantly consolidated, with major players driving industry trends and innovation. 'Fresenius Kabi AG', 'Nestlé Health Science (Nestlé S.A.)', 'Abbott', 'AYMES International Ltd.', 'Mead Johnson Nutrition', 'Medifood GmbH', 'Abbott Laboratories', 'Medtrition, Inc.', 'B. Braun Melsungen AG', 'Danone S.A.', 'NUTRICIÓN MÉDICA', 'Pfizer Inc.', 'Baxter', 'Baxter International Inc.', 'Ajinomoto Co. Inc.', 'Meiji Holdings Co., Ltd', 'MNI', 'VICTUS', 'Perrigo Company plc', 'Cambrooke Therapeutics, Inc.', 'Herbalife Nutrition Ltd.', 'Danone Nutricia', 'Otsuka Holdings Co., Ltd.', 'GlaxoSmithKline plc', 'Mars Incorporated', 'Sichuan Kelun Pharmaceutical Co., Ltd.', '​​In January 2023, Nutricia introduced Fortimel Plant Based Energy, which is their first plant-based nutritional supplement. This product is made from proteins found in peas and soybeans. It's designed to help people who are malnourished or at risk of becoming malnourished by providing important nutrients.', 'On September 29th, VIK launched its Brand Strategy along with the Schleiden Memorial Edition of its product called "Centennial Series Nutrition". VIK, an international medical nutrition and health brand, is a key player in the health industry. It has made innovative advancements starting from basic nutrition to advanced nutrition and now to medical-grade products. This diverse and refined approach to health solutions is driving the development of the healthcare industry forward.', 'In January 2024, BD (Becton, Dickinson, and Company), a top medical innovation organization, and Techcyte, a leader in AI-based advanced diagnostics, uncovered a strategic partnership. Together, they expect to give a simulated AI-powered algorithm to help cytologists and pathologists distinguish indications of cervical disease and precancers, utilizing entire slide imaging more proficiently and precisely.'

According to a report from the World Health Organization (WHO) on aging, the number of elderly people in North America is increasing compared to younger people. For example, in the USA, the percentage of adults aged 65 and older is 15.2%, while children under 18 make up 22.8%. But by 2060, these numbers are expected to switch, with adults over 65 making up 23.4% and children under 18 at 19.8%. By 2034, there will likely be an equal number of adults and young people in the USA, both totaling 77 million. Similarly, the Asia Pacific region is also seeing an increase in its elderly population. By 2050, one in four people in the region will be elderly, totaling 1.3 billion people. However, this average will vary depending on the country's development status. For instance, countries like Japan, the Republic of Korea, and Singapore are expected to have 33% of their population aged 60 and above. Elderly people are more prone to diabetes and other metabolic disorders, which may require medical nutrition to manage their condition. They may also need guidance from a nutritionist during surgeries, with medical nutrition therapy recommended to help them manage their blood sugar levels throughout their lives.

Rising Awareness and Knowledge in Nutrition Sector: The internet has made it easier for people to learn about the importance of medical nutrition, especially for those dealing with serious health issues like diabetes. Patients are now more aware of the need to incorporate well-researched nutrition into their lifestyles, such as controlling carbohydrate intake for diabetes management. This awareness helps healthcare providers gain more trust from patients in the medical nutrition market.

The dominating region in the Medical Nutrition Market Report is North America, which holds a significant market share, followed by Europe. The rising cases of malnutrition have boosted the medical nutrition market in North America. In the US alone, around 2 million people suffer from hunger, including 13 million children (about twice the population of Arizona). North America has a big share of 35% in the medical nutrition market. The region sees a lot of cancer and metabolic health issues, so medical nutrition is used a lot. Also, there are more elderly people there. For example, by 2025, Canada and the USA will have around 30% of their population aged 60 and above. North America is expected to continue dominating the medical nutrition market by 2031. Additionally, the US is expected to show significant growth in this market.

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