The Brazil enteral nutrition market size is estimated to be valued at US$ 323.7 Mn in 2019 and is expected to exhibit a CAGR of 4.5% over the forecast period (2019–2027).
Increasing healthcare expenditure is expected to propel the market growth over the forecast period. For instance, according to International Trade Administration report published on May 2019, Brazil is the largest healthcare market in Latin America and spends around 9.1% of its GDP on healthcare.
Market-Trends
Rising incidence of chronic diseases such as diabetes, heart disease, and cancer is expected to drive the market growth over the forecast period
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