Market Overview:
The global specialized formula medical nutrition market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, growing geriatric population, and rising demand for parenteral medical nutrition products. The adult segment is expected to account for the largest share of the global specialized formula medical nutrition market in 2018. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
A specialized formula medical nutrition is a food product that has been designed to meet the specific nutritional needs of people with certain diseases or conditions. Such formulas are typically prescribed by doctors to help people with conditions like cystic fibrosis, cancer, and diabetes manage their health. Specialized formula medical nutrition products can be very expensive, but they are often essential for maintaining good health in those with chronic illnesses.
Infant Medical Nutrition Products:
Infant medical nutrition products are specially formulated nutritional food for infants. Infant medical nutrition products are designed to meet the basic nutritional requirements of healthy infants. The global infant medical nutrition market is expected to grow at a lucrative rate over the forecast period owing to factors such as increasing birth rates, rising awareness about baby care and growing disposable income levels in developing countries like India and China.
Enteral Medical Nutrition Products:
The global Enteral Medical Nutrition Products and it's usage in the Specialized Formula Medical Nutrition market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising prevalence of chronic diseases such as cancer, diabetes, stroke, multiple sclerosis, Parkinson’s disease & Alzheimer’s disease among others are anticipated to drive growth during the forecast period.
Application Insights:
The adult application segment held the largest share of over 70.0% in 2017. The increasing geriatric population across the world is expected to be a major factor driving this growth. According to United Nations, by 2050, there will be about 92 million people aged 80 or more years and about 65 million people aged 90 or more years in the world respectively which represent a significant increase from 2016 when they were 51 million and 28 million respectively. This demographic group requires specialized nutrition support as they are at an increased risk of malnutrition due to various health conditions along with other nutritional requirements such as protein intake etc., Thus, is anticipated to fuel demand for medical nutrition products in near future.
Specialized formula medical nutrition products are used for treating specific diseases related to nutrient deficiency including vitamin A & C deficiency, iron deficiency anemia etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness about specialized nutritional products, high disposable income of consumers and healthcare expenditure by government & other organizations, and availability of a well-established healthcare infrastructure in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for specialized medical nutrition products from developing countries such as China & India due to increasing geriatric population prone to chronic diseases such as diabetes, malnutrition among others which require specialized medical attention & treatment leading ultimately into improved health outcomes requiring better nourishment thus fueling growth in this region.
Growth Factors:
- Increasing incidence of chronic diseases such as diabetes, cancer, and heart disease is expected to drive the demand for specialized medical nutrition products over the forecast period.
- Rising awareness about the benefits of using medical nutrition products is anticipated to propel market growth.
- Growing geriatric population is likely to boost demand for these products as they are more susceptible to chronic diseases.
- Technological advancements in product formulation and packaging are projected to create new opportunities for market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialized Formula Medical Nutrition Market Research Report
By Type
Infant Medical Nutrition Products, Enteral Medical Nutrition Products, Parenteral Medical Nutrition Products
By Application
Adult, Geriatric, Pediatric
By Companies
NUTRICION MEDICA SL., Meiji Holdings, Medtrition, Baxter International, B. Braun Melsungen, Fresenius Kabi, Mead Johnson & Company, Abbott Laboratories, Danone Nutricia, Victus, NUTRICION MEDICA SL., Cambrooke Therapeutics, GlaxoSmithKline, Nestle, Kate Farms, Perrigo Company, Sichuan Kelun Pharmaceutical, AYMES International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Specialized Formula Medical Nutrition Market Report Segments:
The global Specialized Formula Medical Nutrition market is segmented on the basis of:
Types
Infant Medical Nutrition Products, Enteral Medical Nutrition Products, Parenteral Medical Nutrition Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Geriatric, Pediatric
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NUTRICION MEDICA SL.
- Meiji Holdings
- Medtrition
- Baxter International
- B. Braun Melsungen
- Fresenius Kabi
- Mead Johnson & Company
- Abbott Laboratories
- Danone Nutricia
- Victus
- NUTRICION MEDICA SL.
- Cambrooke Therapeutics
- GlaxoSmithKline
- Nestle
- Kate Farms
- Perrigo Company
- Sichuan Kelun Pharmaceutical
- AYMES International
Highlights of The Specialized Formula Medical Nutrition Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infant Medical Nutrition Products
- Enteral Medical Nutrition Products
- Parenteral Medical Nutrition Products
- By Application:
- Adult
- Geriatric
- Pediatric
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Specialized Formula Medical Nutrition Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Specialized Formula Medical Nutrition is a dietary supplement that is designed to help support the body's health and well-being. This product contains specific ingredients that are intended to help improve overall health and function.
Some of the major players in the specialized formula medical nutrition market are NUTRICION MEDICA SL., Meiji Holdings, Medtrition, Baxter International, B. Braun Melsungen, Fresenius Kabi, Mead Johnson & Company, Abbott Laboratories, Danone Nutricia, Victus, NUTRICION MEDICA SL., Cambrooke Therapeutics, GlaxoSmithKline, Nestle, Kate Farms, Perrigo Company, Sichuan Kelun Pharmaceutical, AYMES International.
The specialized formula medical nutrition market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specialized Formula Medical Nutrition Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Specialized Formula Medical Nutrition Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Specialized Formula Medical Nutrition Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Specialized Formula Medical Nutrition Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Specialized Formula Medical Nutrition Market Size & Forecast, 2018-2028
4.5.1 Specialized Formula Medical Nutrition Market Size and Y-o-Y Growth
4.5.2 Specialized Formula Medical Nutrition Market Absolute $ Opportunity
Chapter 5 Global Specialized Formula Medical Nutrition Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Specialized Formula Medical Nutrition Market Size Forecast by Type
5.2.1 Infant Medical Nutrition Products
5.2.2 Enteral Medical Nutrition Products
5.2.3 Parenteral Medical Nutrition Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Specialized Formula Medical Nutrition Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Specialized Formula Medical Nutrition Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Geriatric
6.2.3 Pediatric
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specialized Formula Medical Nutrition Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Specialized Formula Medical Nutrition Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Specialized Formula Medical Nutrition Analysis and Forecast
9.1 Introduction
9.2 North America Specialized Formula Medical Nutrition Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Specialized Formula Medical Nutrition Market Size Forecast by Type
9.6.1 Infant Medical Nutrition Products
9.6.2 Enteral Medical Nutrition Products
9.6.3 Parenteral Medical Nutrition Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Specialized Formula Medical Nutrition Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Geriatric
9.10.3 Pediatric
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Specialized Formula Medical Nutrition Analysis and Forecast
10.1 Introduction
10.2 Europe Specialized Formula Medical Nutrition Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Specialized Formula Medical Nutrition Market Size Forecast by Type
10.6.1 Infant Medical Nutrition Products
10.6.2 Enteral Medical Nutrition Products
10.6.3 Parenteral Medical Nutrition Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Specialized Formula Medical Nutrition Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Geriatric
10.10.3 Pediatric
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Specialized Formula Medical Nutrition Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Specialized Formula Medical Nutrition Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Specialized Formula Medical Nutrition Market Size Forecast by Type
11.6.1 Infant Medical Nutrition Products
11.6.2 Enteral Medical Nutrition Products
11.6.3 Parenteral Medical Nutrition Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Specialized Formula Medical Nutrition Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Geriatric
11.10.3 Pediatric
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Specialized Formula Medical Nutrition Analysis and Forecast
12.1 Introduction
12.2 Latin America Specialized Formula Medical Nutrition Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Specialized Formula Medical Nutrition Market Size Forecast by Type
12.6.1 Infant Medical Nutrition Products
12.6.2 Enteral Medical Nutrition Products
12.6.3 Parenteral Medical Nutrition Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Specialized Formula Medical Nutrition Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Geriatric
12.10.3 Pediatric
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Specialized Formula Medical Nutrition Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Specialized Formula Medical Nutrition Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Specialized Formula Medical Nutrition Market Size Forecast by Type
13.6.1 Infant Medical Nutrition Products
13.6.2 Enteral Medical Nutrition Products
13.6.3 Parenteral Medical Nutrition Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Specialized Formula Medical Nutrition Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Geriatric
13.10.3 Pediatric
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Specialized Formula Medical Nutrition Market: Competitive Dashboard
14.2 Global Specialized Formula Medical Nutrition Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NUTRICION MEDICA SL.
14.3.2 Meiji Holdings
14.3.3 Medtrition
14.3.4 Baxter International
14.3.5 B. Braun Melsungen
14.3.6 Fresenius Kabi
14.3.7 Mead Johnson & Company
14.3.8 Abbott Laboratories
14.3.9 Danone Nutricia
14.3.10 Victus
14.3.11 NUTRICION MEDICA SL.
14.3.12 Cambrooke Therapeutics
14.3.13 GlaxoSmithKline
14.3.14 Nestle
14.3.15 Kate Farms
14.3.16 Perrigo Company
14.3.17 Sichuan Kelun Pharmaceutical
14.3.18 AYMES International
