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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

Global Enteral Feeding Formulas Market Size and Trends

The Global Enteral Feeding Formulas Market size is expected to reach US$ 10.94 Bn by 2030, from US$ 5.79 Bn in 2023, exhibiting a CAGR of 9.5% during the forecast period.

Enteral feeding formulas serve as nutritional supplements delivered directly into the stomach, duodenum, or jejunum for individuals unable to attain sufficient oral intake.

Global Enteral Feeding Formulas Market- Trends

  • Customized formulae for specific clinical conditions: The demand for customized enteral feeding formulas tailored to specific clinical conditions is gaining significant traction in the market. With advancements in medical research, customized formulas are being formulated to address the unique nutritional needs of patients with complex diagnoses. This trend allows for a more tailored nutritional therapy compared to generic formulas. As per the National Health and Nutrition Examination Survey conducted by the CDC between 2015 and 2020, approximately 13% of American adults suffer from conditions requiring specialized enteral nutrition such as diabetes, cancer, renal disease, and chronic lung disorders.
  • Rise in the demand for disease-specific enteral nutrition: Disease-specific enteral formulas allow for individually tailored macronutrient and micronutrient content to optimize clinical outcomes for patients. For example, diabetes-specific formulas contain regulated carbohydrate levels and fiber to help manage blood sugar. Formulas for cancer and gastrointestinal diseases focus on easing symptoms like diarrhea, maintaining weight, and muscle mass during treatment. The added health benefits of tailored nutrition are boosting compliance and willingness to pay premium prices compared to general formulas.

Global Enteral Feeding Formulas Market- Drivers

  • Rising incidence of chronic diseases: The rising prevalence of chronic diseases across global populations is a major factor driving growth in the enteral feeding formulas market. Chronic conditions, such as cancer, gastrointestinal disorders, neurological disorders, and others, that hamper natural oral consumption of food are increasingly common. For instance, as per the World Health Organization, the chronic disease burden is expected to reach 57% of the total global disease burden by 2020. Similarly, the National Cancer Institute estimates that the number of cancer patients worldwide will rise to 27.5 million by 2040 from 19.3 million in 2020. Conditions resulting from chronic diseases often lead to impaired swallowing function, bowel obstruction, or malabsorption issues. In such cases, enteral nutrition through feeding tubes provides nutritional support to help patients meet their daily requirements in an easy-to-digest, pre-packaged form. This helps avoid complications of malnutrition and supports faster recovery. The ability of enteral formulas to fulfill nutritional needs with minimum effort makes them a preferred option among healthcare providers and patients. With projections of continued rise in chronic ailments, the demand for customized enteral formulas tailored for individual health conditions and lifestyle needs is growing. Furthermore, advancements in formulation technology are also contributing to the market potential. New formulas enriched with probiotics, prebiotics, or pharma nutrients allow addressing multiple health targets through a single solution. This has boosted uptake across settings from critical care to long-term care. Upcoming areas dominated by geriatric population growth also present major opportunities. With chronic diseases affecting quality of life more than ever before, enteral feeding formulas are increasingly becoming a principle part of treatment pathways. The future outlook remains positive as formulation innovations and demographic shifts maintain high dependence on nutritional support through tube feeding.

Global Enteral Feeding Formulas Market- Trends

  • Customized formulae for specific clinical conditions: The demand for customized enteral feeding formulas tailored to specific clinical conditions is gaining significant traction in the market. With advancements in medical research, customized formulas are being formulated to address the unique nutritional needs of patients with complex diagnoses. This trend allows for a more tailored nutritional therapy compared to generic formulas. As per the National Health and Nutrition Examination Survey conducted by the CDC between 2015 and 2020, approximately 13% of American adults suffer from conditions requiring specialized enteral nutrition such as diabetes, cancer, renal disease, and chronic lung disorders.
  • Rise in the demand for disease-specific enteral nutrition: Disease-specific enteral formulas allow for individually tailored macronutrient and micronutrient content to optimize clinical outcomes for patients. For example, diabetes-specific formulas contain regulated carbohydrate levels and fiber to help manage blood sugar. Formulas for cancer and gastrointestinal diseases focus on easing symptoms like diarrhea, maintaining weight, and muscle mass during treatment. The added health benefits of tailored nutrition are boosting compliance and willingness to pay premium prices compared to general formulas.

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