GITNUX MARKETDATA REPORT 2024

Medical Nutrition Industry Statistics

The medical nutrition industry is expected to experience substantial growth due to increasing awareness about the importance of nutrition in healthcare.

In this post, we will explore key statistics and insights surrounding the global medical nutrition industry. From market size and growth projections to major players and regional trends, these data points shed light on the dynamic landscape of medical nutrition as it continues to evolve and address various health needs worldwide.

Statistic 1

"The global medical nutrition market size was valued at USD 44.2 billion in 2020."

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Statistic 2

"The medical nutrition industry is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2021 to 2028."

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Statistic 3

"The U.S. medical nutrition market size was valued at 6.1 billion USD in 2019."

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Statistic 4

"The Medical Nutrition market in the U.S is expected to grow annually by 3.6% (2021-2025)."

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Statistic 5

"The Asia-Pacific region is expected to witness the fastest growth, given the increasing incidences of malnutrition and other similar conditions."

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Statistic 6

"Infants and young children are expected to hold a significant share of the medical nutrition market."

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Statistic 7

"Enteral nutrition holds the largest share of the global medical nutrition market, at slightly over 45%."

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Statistic 8

"The market is characterized by the presence of several well-established players holding a substantial market share in 2019."

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Statistic 9

"The westernized diet and sedentary lifestyle are boosting the medical nutrition market."

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Statistic 10

"The parenteral nutrition segment holds the second-largest market share in the global medical nutrition market."

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Statistic 11

"Global medical food market size was valued at $16.3 billion in 2019, and is projected to reach $29.6 billion by 2027."

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Statistic 12

"Among product types, amino acid solution will grow at 7.9% CAGR from 2020 to 2026 in the medical nutrition market."

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Statistic 13

"Companies like Nestlé S.A., Abbott, and Danone had a substantial market share in 2019 for medical nutrition."

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Statistic 14

"The market for paediatric medical nutrition is projected to grow at a CAGR of 6.8% through 2027."

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Statistic 15

"The global market for medical nutrition saw a decline in growth rate in 2020 due to the Covid-19 pandemic."

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Statistic 16

"China's medical nutrition market size was valued at around USD 1.86 billion in 2021."

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Statistic 17

"The lack of awareness about medical nutrition is a restraint for the market growth, especially in underdeveloped economies."

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In conclusion, the global medical nutrition industry is experiencing steady growth, with various key players dominating the market. The market is driven by factors such as the rise in malnutrition cases, shifting dietary habits, and an aging population. While established regions like the U.S. continue to play a significant role, emerging markets like Asia-Pacific are expected to witness the fastest growth in the coming years. Despite facing challenges such as the impact of the Covid-19 pandemic and lack of awareness in certain regions, the medical nutrition market is poised for substantial expansion, particularly in segments like enteral and parenteral nutrition as well as specific product types such as amino acid solutions.

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