Global Oral Clinical Nutrition Supplement Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Powder Supplements, Bar Supplements, and Liquid Supplements), By Ingredient Type (Fats, Proteins, Minerals, Carbohydrates, and Vitamins), By Application (Digestive Health, Malnutrition, Cancer Care, and Diabetes Management), By End-User (Homecare, Clinics, Nursing Facilities, and Hospitals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: HealthcareGlobal Oral Clinical Nutrition Supplement Market Insights Forecasts to 2033
- The Global Oral Clinical Nutrition Supplement Market Size was estimated at USD 15.78 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 5.08% from 2023 to 2033
- The Worldwide Oral Clinical Nutrition Supplement Market Size is Expected to reach USD 25.90 Billion by 2033
- Asia Pacific is predicted to Grow at the fastest CAGR throughout the projection period
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The Global Oral Clinical Nutrition Supplement Market Size is predicted to Exceed USD 25.90 Billion by 2033, Growing at a CAGR of 5.08% from 2023 to 2033.
Market Overview
The oral clinical nutrition market focuses on products designed to meet specific nutritional needs for individuals with medical conditions or dietary deficiencies. These products, including vitamins, proteins, and carbohydrates, are essential for managing malnutrition, chronic diseases, and conditions like dysphagia, diabetes, and cancer. For patients to maintain or increase their weight, recuperate from disease or trauma, and obtain the macro- and micronutrients they need for general health, oral nutrition supplements are vital. These supplements are Food for Special Medical Purposes (FSMP), and they can be taken at any time of day. They come in a range of shapes, flavors, and textures. People who are malnourished, have recurring illnesses, are half-starved, or have lost interest in regular meals due to a loss of flavor can benefit from such people. The market for oral clinical nutrition supplements is expanding due to a number of factors, including the rising number of young people, the need for more varied oral clinical nutrition supplements, and the increased desire for healthier food. The need for oral clinical nutrition supplements is also anticipated to be driven by the expansion and presence of international companies in the food processing sector, an increase in the prevalence of chronic infections, and growing healthcare expenses. In conclusion, individuals who want to maintain or increase their weight, recuperate from disease or trauma, and obtain vital macro- and micronutrients must take oral nutrition supplements. The expanding number of young people, the increased need for nutritious food, and the growing number of international participants in the food processing sector are some of the factors driving the rising demand for oral clinical nutrition supplements.
Report Coverage
This research report categorizes the global oral clinical nutrition supplement market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the global oral clinical nutrition supplement market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the global oral clinical nutrition supplement market.
Oral Clinical Nutrition Supplement Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 15.78 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.08% |
2033 Value Projection: | USD 25.90 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 132 |
Segments covered: | By Product Type, By Ingredient Type, By Application, By End-User, By Region and COVID-19 Impact Analysis |
Companies covered:: | NUTRICON MEDICA SL, GlaxoSmithKline plc, Pfizer Inc., Danone Nutricia, Mead Johnson and Company, LLC, Cambrooke Therapeutics, Inc., Pfizer Inc., Medifood GmbH, Nestlé S.A., AYMES International Ltd., Abbott Laboratories, and Others Key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
Proliferation in chronic diseases:
The rising prevalence of conditions, including diabetes, heart disease, and cancer, which frequently result in issues with nutrition absorption, is driving the worldwide oral clinical nutrition market. These illnesses frequently cause appetite loss and weight loss, making the usage of specific nutritional products necessary. The incidence of these illnesses is predicted to increase as the world's population ages, increasing the need for specialized nutritional care. Healthcare professionals are stressing more and more how crucial a healthy diet is to the prevention and treatment of illness. In addition to increasing market expansion, this trend opens up new product development and innovation options to accommodate a range of dietary needs. It is anticipated that rising knowledge of the advantages of clinical nutrition supplements would improve market prospects even further.
Increasing proportion of the geriatric population:
The market for oral clinical nutrition has evolved significantly as a result of the growing number of elderly people. Chronic conditions that necessitate specific dietary care, decreased appetite, and trouble chewing or swallowing constitute a few of the challenges that this group experiences. Since they offer vital nutrients in a manner that is easy to consume, oral clinical nutrition solutions are in high demand. Additionally, the elderly population is particularly vulnerable to diseases like osteoporosis, malnutrition, and compromised immune systems, which highlights the need for specialized dietary treatments. As a way to assist older persons in managing their health issues and enhancing their quality of life, healthcare experts are increasingly suggesting these products.
Restraining Factors
The market for oral clinical nutrition has several obstacles, including stringent regulations, exorbitant expenses, limited awareness, problems with taste and palatability, and competition from substitute products. These characteristics may impede consumer acceptance, accessibility, and product development and may hinder market growth.
Market Segmentation
The global oral clinical nutrition supplement market share is classified into product type, ingredient type, application, and end-user.
- The powder supplements segment dominated the global oral clinical nutrition supplement market in 2023 and is anticipated to grow at a significant CAGR throughout the forecast period.
Based on the product type, the global oral clinical nutrition supplement market is categorized into powder supplements, bar supplements, and liquid supplements. Among these, the powder supplements segment dominated the global oral clinical nutrition supplement market in 2023 and is anticipated to grow at a significant CAGR throughout the forecast period. The segmental expansion is attributed to the compatibility, which enables the use of powder supplements mixing with the food and beverages, versatility, cost effectiveness, longer shelf life, and greater physicochemical stability.
- The proteins segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.
Based on the ingredient type, the global oral clinical nutrition supplement market is categorized into fats, proteins, minerals, carbohydrates, and vitamins. Among these, the proteins segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. The segment growth is attributed to promoting muscle strength, improving overall health, weight loss, and muscle recovery, improving bone density, and boosting the metabolism rate and immunity.
- The cancer care segment held a significant share in 2023 and is predicted to grow at a remarkable CAGR throughout the projected timeframe.
Based on the application, the global oral clinical nutrition supplement market is categorized as digestive health, malnutrition, cancer care, and diabetes management. Among these, the cancer care segment held a significant share in 2023 and is predicted to grow at a remarkable CAGR throughout the projected timeframe. The segmental expansion is owing to the increasing prevalence of the cancer, rising geriatric population, innovations in the nutritional supplements with a wide range of dosage form, and to provide more nutrients and vitamins and boost the immunity level in the cancer patients.
- The hospitals segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR throughout the projected timeframe.
Based on the end-user, the global oral clinical nutrition supplement market is categorized as homecare, clinics, nursing facilities, and hospitals. Among these, the hospitals segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR throughout the projected timeframe. The sector growth is attributed to the increasing usage of oral nutritional supplements in hospitals during and after surgery of patients to boost the energy and to rebuild the tissues, rising number of admissions for the in-patient services.
Regional Segment Analysis of the Global Oral Clinical Nutrition Supplement Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global oral clinical nutrition supplement market over the predicted timeframe.
North America is anticipated to hold the largest share of the global oral clinical nutrition supplement market over the predicted timeframe. The aging population, the prevalence of chronic diseases like diabetes, cancer, and cardiovascular diseases, the sophisticated healthcare system, the growing recognition of the role that nutrition plays in preserving health, advancements in product development, and easy distribution channels like online and over-the-counter sales all have an impact on the North American oral clinical nutrition market. Access to clinical nutrition products is facilitated by the region's well-established healthcare system, and businesses are investing in enhancing the flavor, texture, and nutrient absorption of their products to increase their attractiveness and efficacy.
Asia Pacific is anticipated to grow at the fastest CAGR throughout the projected timeframe. The market for oral clinical nutrition supplements in Asia-Pacific is accelerated by a number of factors, including government initiatives, product innovation, traditional medicine influence, economic growth, health awareness, and the aging population. Owing to the sizeable senior populations in nations like South Korea and Japan, there is a greater need for supplements that treat age-related health problems. The importance of nutrition and preventative healthcare is also raising consumer awareness of health issues, leading to a rise in the use of supplements. Ayurveda and Traditional Chinese Medicine, two of the region's many traditional medical traditions, have contributed to the need for natural supplement ingredients.
Competitive Analysis:
The report offers an appropriate analysis of the key organizations/companies involved within the global oral clinical nutrition supplement market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- NUTRICON MEDICA SL
- GlaxoSmithKline plc
- Pfizer Inc.
- Danone Nutricia
- Mead Johnson and Company, LLC
- Cambrooke Therapeutics, Inc.
- Pfizer Inc.
- Medifood GmbH
- Nestlé S.A.
- AYMES International Ltd.
- Abbott Laboratories
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In October 2023, Nutricia, part of Danone, launched its first medical nutrition drink, Fortini + Mix Multi Fibre, formulated to manage disease-related malnutrition and faltering growth in pediatric patients. The drink is ready to drink and provides 1/3 of the recommended daily intake of fruits and vegetables. Co-created with parents and younger patients, Fortini + Mix Multi Fibre is an innovative product within the Fortini pediatric feed range. The launch builds on Nutricia's expertise in medical nutrition solutions, supporting children with various medical conditions to grow and develop optimally.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global oral clinical nutrition supplement market based on the below-mentioned segments:
Global Oral Clinical Nutrition Supplement Market, By Product Type
- Powder Supplements
- Bar Supplements
- Liquid Supplements
Global Oral Clinical Nutrition Supplement Market, By Ingredient Type
- Fats
- Proteins
- Minerals
- Carbohydrates
- Vitamins
Global Oral Clinical Nutrition Supplement Market, By Applications
- Digestive Health
- Malnutrition
- Cancer Care
- Diabetes Management
Global Oral Clinical Nutrition Supplement Market, By End-User
- Homecare
- Clinics
- Nursing Facilities
- Hospitals
Global Oral Clinical Nutrition Supplement Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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