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GLOBAL ENTERAL FEEDING FORMULAS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Enteral Feeding Formulas Market, By Product (Standard Formula, Disease-specific Formulas, Elemental Formulas, Specialized Formulas), By Flow Type (Intermittent Feeding Flow, Continuous Feeding Flow), By Stage (Adults, Pediatrics), By Indication (Alzheimer’s, Nutrition Deficiency, Cancer Care, Diabetes, Chronic Kidney Diseases, Orphan Diseases, Dysphagia, Pain Management, Others (Malabsorption/GI Disorder/Diarrhea, etc.)), By End Use (Hospitals (Cardiology, Neurology, Critical Care (ICU), Oncology, Others), Home Care), By Sales Channel (Online Sales, Retail Sales, Institutional Sales), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Dec 2023
  • Code : CMI6515
  • Pages :175
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Challenges And Opportunities

Global Enteral Feeding Formulas Market - Restraints

  • Risk of infection associated with tubes: The risk of infection associated with feeding tubes is one of the major factors restraining the growth of the enteral feeding formulas market. Tube feeding involves placing a feeding tube directly into the stomach, duodenum, or jejunum, either through the nose or directly into the stomach through the abdominal wall. This invasive method of feeding predisposes the patients to various health risks. The feeding tubes are also prone to contamination if not handled properly. According to a report by the World Health Organization in 2022, contamination of feeding tubes is one of the major causes of healthcare-associated infections globally. Improper cleaning and disinfection of feeding tubes can lead to transmission of pathogens. This risk is higher in developing countries where resources for infection control practices might be limited. The report estimated that in low-income countries, up to 15% of hospitalized patients acquire at least one healthcare-associated infection as a result of contaminated medical equipment including feeding tubes.
  • Availability of alternative nutrition therapies: The availability of alternative nutrition therapies is posing a significant challenge for the growth of enteral feeding formulas market. In recent years, there is a rising popularity of therapeutic diets, herbal supplements, and naturopathic remedies for managing various health conditions. Many people are adopting these alternative options to get a personalized and natural treatment instead of relying solely on medical nutrition therapy using commercial formulas. While enteral tube feeding still remains indispensable for several clinical conditions, the growing access to safer and more personalized alternative nutrition therapies is presenting a significant challenge for manufactures to incentivize long-term formula use. This restrains the potential growth trajectory of the enteral feeding formulas market.

Global Enteral Feeding Formulas Market- Opportunities

  • Emerging markets in developing countries: Emerging markets in developing countries present a great opportunity for growth in the enteral feeding formulas market. As economies in regions like Southeast Asia, South Asia, Latin America, and Africa continue to develop and incomes rise, more people will have access to medical treatment and nutrition support. This increasing demand for quality healthcare will directly boost the enteral feeding formulas market.
  • Many developing nations are experiencing rapid urbanization as their populations shift from rural to urban areas. This massive demographic transition brings both opportunities and challenges for public health. Non-communicable diseases linked to changing lifestyles are on the rise. At the same time, access to medical facilities is improving in cities but remains limited in many parts. As a result, more people may require enteral feeding formulas to manage health conditions or receive adequate nutrition, especially in underserved communities.
  • Growing demand for organic and natural enteral formulas: The growing demand for organic and natural enteral formulas presents a major opportunity in the enteral feeding formulas market. In recent years, there has been a strong shift in consumer preference towards organic and natural products due to rising health consciousness. As people are becoming more aware of the synthetic ingredients and chemicals present in traditional formulas, they are looking for cleaner options that are free from artificial colors, flavors and preservatives.
  • This change in consumer attitude has led to double digit growth of the organic baby food category over the past five years according to data from the Organic Trade Association. As more scientific research emerges on the link between gut health and overall wellness, parents are increasingly interested in feeding their children formulas made from natural, easy to digest ingredients. Similarly, adult consumers requiring enteral nutrition are also gravitating towards minimally processed options. The growing emphasis on sustainability is also driving demand for formulas packaged in plant-based or recyclable materials rather than plastic.

Figure 2. Global Enteral Feeding Formulas Market Share (%), By Product, 2023

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