The global enteral nutrition market is estimated to be valued at US$ 3.1 Billion in 2023 and is expected to exhibit a CAGR of 5.8% during the forecast period (2023-2030). The increasing incidence of cancer and the increasing number of preterm births are expected to drive market growth.
Analysts’ Views on Global Enteral Nutrition Market:
Enteral nutrition, also known as tube feeding, is a way of delivering nutrition directly to the stomach or small intestine. The increasing number of old age people who have difficulty in eating or swallowing is expected to drive market growth. Thus, rising number of elderly people is expected to show significant growth opportunities for the market over the forecast period
Figure 1. Global Enteral Nutrition Market Share (%), By Product Type, 2023
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Global Enteral Nutrition Market – Drivers
Figure 2. Global Enteral Nutrition Market Share (%), By Region, 2023
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Global Enteral Nutrition Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global enteral nutrition market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023, and this is attributed to the presence of major players such as Abbott, Nestlé S.A., Danone S.A., Fresenius Kabi AG, Mead Johnson & Company, and others, which contribute to the development of the enteral nutrition market in North America.
Global Enteral Nutrition Market– Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 virus outbreak in December 2019, the disease had spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.
COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, the U.A.E., Egypt, and others, are facing problems with the transportation of things from one place to another.
However, COVID-19 had a positive impact on the global enteral nutrition market as the use of enteral nutrition increased in patient suffering from COVID-19. COVID-19 is characterized by an inflammatory condition, which might decrease appetite and accelerate muscle degradation. Due to this significant risk of malnutrition in COVID-19 patients, nutritional management and malnutrition prevention are crucial parts of patient treatment. Therefore, the use of enteral nutrition during COVID-19 pandemic increased significantly. For instance, according to an article published in the National Library of Medicine, in March 2022, the effects of enteral nutrition in critically ill patients with COVID-19 suggest that overall, enteral nutrition was effective in significantly reducing the risk of mortality in these patients.
Enteral Nutrition Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2023: | US$ 3.1 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 to 2030 |
Forecast Period 2023 to 2030 CAGR: | 5.8% | 2030 Value Projection: | US$ 4.59 Bn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Abbott, Nestlé S.A., Danone S.A., Fresenius Kabi AG, Mead Johnson & Company, LLC, Braun Melsungen AG, Otsuka Pharmaceutical Co., Ltd, Meiji Holdings Co., Ltd., Bahrain Pharma, Bionova Lifesciences, Global Health Products Inc., Victus Inc., Curtis Health Caps SP |
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Restraints & Challenges: |
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Global Enteral Nutrition Market Segmentation:
The global enteral nutrition market report is segmented into product type, nutrition type, formulation, patient type, application, distribution channel, end user, and region.
Among all the segmentation, the application segment has the highest potential in the global enteral nutrition market and this is attributed to the increasing prevalence of chronic diseases such as cancer neurological disorders and others globally which requires the use of enteral nutrition
Global Enteral Nutrition Market- Cross Sectional Analysis:
By distribution channel, the hospital pharmacies segment held a dominant position in the Asia Pacific region in 2023, due to an increase in the number of hospitals and hospital pharmacies in this region. For instance, according to an article published by Asian Hospital & Healthcare Management in December 2022, there were more than 36,570 hospitals in China in 2021. Thus, the rising number of hospitals will eventually increase the number of hospital pharmacies.
Global Enteral Nutrition Market: Key Developments
Global Enteral Nutrition Market: Key Trends
Inorganic strategies such as collaboration by key market players
Key market players are focused on inorganic growth strategies such as collaboration to develop technological advanced enteral nutrition solutions. For instance, in July 2020, Baxter, a global pharmaceutical cmpnay, and VIPUN Medical, a company developing technology solutions to help improve medical nutrition, collaborated to innovate and conduct research on a smart enteral feeding tube designed to measure stomach motility in order to help clinicians identify enteral feeding intolerance and make better informed nutrition therapy decisions in the intensive care unit (ICU) and other settings.
Global Enteral Nutrition Market: Restraint
Global Enteral Nutrition Market - Key Players
Major players operating in the global enteral nutrition market include Abbott, Nestlé S.A., Danone S.A., Fresenius Kabi AG, Mead Johnson & Company, LLC, Braun Melsungen AG, Otsuka Pharmaceutical Co., Ltd, Meiji Holdings Co., Ltd., Bahrain Pharma, Bionova Lifesciences, Global Health Products Inc., Victus Inc., and Curtis Health Caps SP.
Global Enteral Nutrition Market– Definition
Enteral nutrition is the use of feeding tubes to provide food to the gastrointestinal tract that contains carbs, proteins, water, fat, minerals, and vitamins. This type of nutrition is use in patient who have difficulty in swallowing food such as infants and geriatrics
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About Author
Vipul Patil is a dynamic management consultant with 6 years of dedicated experience in the pharmaceutical industry. Known for his analytical acumen and strategic insight, Vipul has successfully partnered with pharmaceutical companies to enhance operational efficiency, cross broader expansion, and navigate the complexities of distribution in markets with high revenue potential.
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