Current Investigation on Enteral Feeding Formulas Market 2021-Growth Strategy, Top Trends and Business Opportunity

Enteral Feeding Formulas

The report focuses on the favorable Global “Enteral Feeding Formulas market” and its expanding nature. The Enteral Feeding Formulas market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The enteral feeding formulas market is expected to register a CAGR of 7.3% during the forecast period, 2019-2024.
  • The high prevalence rate of chronic disorders, such as cancer, cardiovascular diseases, diabetes, and (Coronary Obstructive Pulmonary Disorders) COPD is expected to propel the growth of the market. Cardiovascular diseases impose a huge burden in terms of mortality, morbidity, and healthcare costs. According to the estimates of CVD statistics reported by the World Health Organization (WHO), cardiovascular diseases accounted for 31% of overall deaths in 2015. Also, the data states that globally nearly one in six deaths are caused by cancer. These chronic diseases require longer hospital stay and recovery time. Thus, patients face problem in swallowing food. External nutrition is given to the patient through the tube. Thus, the increase in the cases of chronic diseases, such as cancer and cardiovascular diseases are expected to drive the growth of the market over the forecast period.
  • Other factors driving this market are the growing geriatric population around the world and the rising prevalence of preterm births.<

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    Key Manufacturers

  • Abbott Laboratories
  • B. Braun Melsungen AG
  • Danone Nutricia
  • Fresenius Kabi AG
  • Global Health Product Inc.
  • Mead Johnson & Company LLC
  • Meiji Holdings Co., Ltd
  • Nestle SA
  • Trovita Health Science
  • Victus

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Enteral Feeding Formulas market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Enteral Feeding Formulas market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Enteral Feeding Formulas market have also been involved in the study.

    Scope of the Report:

  • Enteral feeding refers to the delivery of a nutritionally complete feed, containing protein, carbohydrate, fat, water, minerals, and vitamins, directly into the stomach, duodenum, or jejunum. The report covers various types of polymeric, monomeric, and disease-specific enteral formulas.

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    TOC of Enteral Feeding Formulas Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Enteral Feeding Formulas market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Enteral Feeding Formulas Market Report Covered:

    • The report analyses how Enteral Feeding Formulas market will grow in the future.
    • Analyzing various perspectives of the Enteral Feeding Formulas market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Enteral Feeding Formulas market shares and policies employed by the major market players.
    • Competitive landscape including the Enteral Feeding Formulas market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Enteral Feeding Formulas market players

    Key Market Trends:

    By Application, the Oncology Segment is Expected to Register Robust Growth.

    Globally, the burden of cancer is growing rapidly. Cancer is one of the leading causes of death across the globe, with 8.8 million victims in 2015, and accounting for nearly one in six deaths. The disease has witnessed significant growth in the last few decades and is expected to grow rapidly during the forecast period. Majority of tumor-bearing patients suffer from cancer cachexia, which causes insulin resistance, increased lipolysis with loss of body fat, increased protein turnover, and loss of muscle mass causing loss of appetite and weight. Furthermore, cancer treatment causes many complications and side effects in the patients, including mucositis sores in the mouth, difficulty in chewing and swallowing solid food, altered saliva level making it difficult to swallow. To improve the clinical condition of cancer patients, providing nutrition is the cornerstone, as it becomes very difficult for the cancer patients to take the food orally, and as the treatment proceeds, the nutrition is supplied by enteral feeding tubes to help them maintain the body mass. The incidence and prevalence of cancer are increasing, contributing to the growth of the enteral feeding formulas market during the forecast period.

    The Leads the Enteral Feeding Formulas market

    North America is expected to dominate the enteral feeding formulas market owing to factors, such as rapid aging population, the surging prevalence of preterm birth, and the rise in the number of chronic disease patients. In the United States, it is projected that the number of people aged above 65 years will more than double till 2060. The rise in the geriatric population will increase the cases of chronic diseases, such as cancer and diabetes which will further lead to an increase in a hospital stay of the patient. In addition, as per the data published by WHO, 15 million babies are born preterm and this number is rising. Hence, all of the above-mentioned factors are expected to drive market growth.

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    Study objectives of Enteral Feeding Formulas Market Report:

    • To provide a detailed analysis of the market structure along with the Enteral Feeding Formulas market forecast of various segments and sub-segments of the Enteral Feeding Formulas market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Enteral Feeding Formulas market trends that influence the global Enteral Feeding Formulas market

    Detailed TOC of Enteral Feeding Formulas Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Prevalence of Chronic Diseases
    4.2.2 Rising Geriatric Population
    4.2.3 High Incidence of Preterm Births
    4.3 Market Restraints
    4.3.1 Complications Associated with Enteral Nutrition
    4.3.2 Patient Safety Risks and Occurrence of Feeding or Medication Errors
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Polymeric
    5.1.2 Monomeric
    5.1.3 Disease-Specific Formulas
    5.2 By Application
    5.2.1 Oncology
    5.2.2 Neurology
    5.2.3 Critical Care
    5.2.4 Diabetes
    5.2.5 Gastroenterology
    5.2.6 Other Applications
    5.3 By End User
    5.3.1 Hospital
    5.3.2 Home Care Agencies and Hospices
    5.3.3 Nursing Homes
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 B. Braun Melsungen AG
    6.1.3 Danone Nutricia
    6.1.4 Fresenius Kabi AG
    6.1.5 Global Health Product Inc.
    6.1.6 Mead Johnson & Company LLC
    6.1.7 Meiji Holdings Co., Ltd
    6.1.8 Nestle SA
    6.1.9 Trovita Health Science
    6.1.10 Victus

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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