Worldwide sales of oral clinical nutrition supplements are expected to reach a value of US$ 8 Bn by 2019 end. Primarily driven by increasing significance of filling in for deficiencies, the demand for oral clinical nutrition supplements is largely stimulated by high prevalence of malnutrition observed in patients, especially those suffering from chronic ailments.
Currently, a wide variety of products are currently available in the oral clinical nutrition supplements category, including high-protein, high-fiber, pre-thickened, small volume, and high-energy dense oral clinical nutrition supplements. Moreover, FMI’s findings suggest that flavored oral clinical nutrition supplement solutions are witnessing preference over the recent past. Customized nutrition products are gaining traction specifically in case of diseases, which indicates a lucrative opportunity for market players.
Key Takeaways – Oral Clinical Nutrition Supplements Market Study
- Medical nutrition is no more a niche segment. A large section of health-conscious population is considering dietary supplements a routine regimen for general wellbeing.
- Global oral clinical nutrition supplements market is expected to witness nearly 7% CAGR during 2019-2029.
- Growth of market will be further complemented by increasing recommendations from dieticians.
- Key players in market are leveraging striking growth of the E-commerce industry in designing their promotional and sales strategies.
- Sales registered in developed regional markets are expected to remain on a higher side throughout the forecast period.
“With some serious medical consequences and severe socioeconomic implications, disease-related malnutrition (DRM) continues to be a global concern. With prevalence as high as 25-45% in general patient population, DRM is one of the most critical areas that deserves equal attention from physicians, dieticians, other healthcare providers, and governments. Oral clinical nutrition supplement looks like a ray of hope that is contributing to efforts in management of both, deficient routine diet and DRM.”
For More Detailed Insights on Oral Clinical Nutrition Supplements Market
R&D Centers on Priority
To be at the forefront, competitors are zooming in strategic focus on inclusion of high-quality certified ingredients and fostering investments in new launches. New products launched in the category are generally differentiated on basis of flavor, taste, and price. Furthermore, disease-specific and health maintenance claims on products, if any, are under the regulation of the U.S. Food & Drug Association (FDA). Leading market participants such as Nestlé Health Science are particularly investing in establishment of their own R&D centers. In December 2018, the company announced investments worth US$ 70 million in its new global R&D center based in Bridgewater (the U.S.).
About the Oral Clinical Nutrition Supplements Market Report
Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global oral clinical nutrition supplements market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study divulges compelling insights on the oral clinical nutrition supplements market on the basis of product type (Standard Formula, Specialized Formula), form (Liquid, Semi-Solid and Powder), end user (Adult, Geriatric, Pediatric), indication (General Well-Being, Hepatic Disorders, Renal Disorders, Diabetes, Oncology Nutrition, Dysphagia, Respiratory Disorders, IBD & GI Tract Disorders, Neurology Nutrition and Others), flavor (regular and flavored), and sales channel (prescription based and over the counter) across five major regions.
For more actionable insights on the global market for oral clinical nutrition supplements, write in to the analyst at email@example.com
About the Food & Beverage Division at Future Market Insights
With expert analysis, actionable insights, and strategic recommendations – the food & beverages team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million plus data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
About Food & Beverages division of FMI
Expert analysis, actionable insights, and strategic recommendations - the Food & Beverages team at FMI helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 100+ countries for over a decade. The team provides end-to-end research of the global food & beverage market and consulting services; know how we can help.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.