Global Medical Nutrition Market - Segment Analysis, Opportunity Assessment, Future Trends, Growth Factors, Competitive Intelligence and Industry Outlook, 2017-2027

Date : Apr 2021

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Report ID : 71

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Category : Nutraceuticals

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Report Format:  PDF EXCEL PPT WORD

Medical Nutrition Market Report Overview:

The Medical Nutrition market is anticipated to grow at a CAGR of 8.1% to reach US$ 64.50 billion by 2027 from US$ 37.35 billion in 2020. A group of medical food products that are used under the guidance of healthcare professionals for nutritional management during a medical condition or disease is referred to as medical nutrition. Medical nutrition helps in providing an adequate amount of nutrients according to the requirement of each patient. Medical nutrition may be required by an individual for the short or long term and may even extend to a lifetime depending on the situation and severity of the disease.

The major factor driving the medical nutrition market growth is the aging population across the globe which is increasing the number of cases of gastrointestinal diseases, cancer, diabetes, and obesity among others. The mounting demand for sufficient nutrients owing to the changing consumer lifestyle is proliferating the developments in the medical nutrition industry. Moreover, the rising incidence of premature birth is contributing to the growth of the medical nutrition market. However, the high costs associated with medical nutrition is a key factor hampering the demand from the economically weak class of consumers.

Medical nutrition helps in maintaining desirable body weight while providing adequate energy to the patient, improves metabolism, and slows down or reverses the symptoms of chronic diseases, among various other benefits. Some of the key player's maps for the medical nutrition market analysis are Danone, DSM, BASF SE, and Abbott, Pfizer Inc., Perrigo Company plc, and B. Braun Melsungen AG, among others. These players offer medical nutrition products in various forms and for a wide range of applications.

A prime contributor to malnutrition across the globe is the high prices of healthy foods and the availability of large volumes of unhealthy foods. A study by the researchers at the International Food Policy Research Institute (IFPRI) documented that there is significant and systematic variation in the affordability of healthy and unhealthy food across the globe. It also says that the relative difference between the prices explains the difference in international dietary patterns overweight prevalence and child stunting among others.

Medical Nutrition Market

The research report analyses the ecosystem and value chain of the Medical Nutrition market. The report categorizes the Medical Nutrition Market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.

Medical Nutrition Market Segmentation

  • Market Size by Type

    • Infant Medical Nutrition Products
    • Enteral Medical Nutrition Products
    • Parenteral Medical Nutrition Products
  • Market Size by Product Type

    • Proteins
    • Amino Acid Solution
    • Carbohydrates
    • Multiple Vitamins & Antioxidants
    • Minerals
    • Others
  • Market Size by Taste

    • Flavored
    • Unflavoured
  • Market Size by Route of Administration

    • Parenteral
    • Oral
  • Market Size by Application

    • Gastrointestinal Diseases
    • Pulmonary Diseases
    • Paediatric Malnutrition
    • Renal Failure
    • Cancer
    • Diabetes
    • Others
  • Market Size by End-users

    • Hospitals
    • Home Care Settings
    • Long Term Care
    • Ambulatory Surgical Centers
  • Market Size by Distribution Channel

    • Online
    • Offline
      • Hospitals
      • Compounding Pharmacy
      • Retail Pharmacy
      • Others
  • Geography

    • North America
      • US
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Singapore
      • Rest of APAC
    • Latin America
      • Mexico
      • Brazil
      • Argentina
      • Rest of LATAM
    • Middle East & Africa
      • GCC
      • Rest of MEA

The unique insights provided by the Medical Nutrition market report also includes the following:

  1. In-Depth Value Chain Analysis
  2. Opportunity Mapping
  3. Sector Snapshot
  4. Pain Point Analysis
  5. Regulatory Scenario
  6. Marketing Channel Analysis
  7. Medical Nutrition Market Trends
  8. Covid-19 Impact Analysis
  9. Raw Material Supply Analysis
  10. Pricing Trends
  11. Porter’s Five Forces Analysis
  12. PEST Analysis
  13. Investment Scenario
  14. Competitive Landscape

Trend Analysis of Medical Nutrition Market

Positive Trends:

  • The rise in the global aging population is increasing the incidences of diseases associated with old age. This is leading to the increasing requirement of nutritional supplements for the treatment of these patients.
  • People are getting more aware and are increasingly monitoring their mental health. A diet rich in a variety of nutrients is capable of supporting mental health and more and more companies in the food and beverage industry are introducing products with ingredients that emphasize on improving sleep while reducing stress.
  • The plant-based source for food and beverages is becoming a mainstay in the global food economy. Health and nutrition are the major reasons for the shift towards plant-based food and is necessary to be considered by the players in the medical nutrition market.
  • The pandemic hit every aspect of human life and kids are one of the major demographic groups that are staying home and attending virtual schools. The parents are now more focused on looking for products that are enjoyable for kits and are still nutritional. The primary aim while catering to the kid's nutrition is supporting the immune system and preventing nutritional deficiencies that need to be addressed by the companies operating in the medical nutrition industry.

Adverse Trends:

  • Huge competition among the industry players as there are numerous companies present in the medical nutrition market space. The medical nutrition market is dominated by few major players owing to their global presence and wide range of product offerings.
  • People are aware of malnutrition but lack the accountability that the patients receive nutrition therapy. This can be associated with limited education of medical nutrition among healthcare professionals.

Value Chain Analysis of the Medical Nutrition Market:

Value Chain Analysis of the Medical Nutrition Market

In terms of market by product type, the multiple vitamins and antioxidants market segment accounted for the largest share in the medical nutrition market in the year 2020

On the basis of product type, the medical nutrition market is segmented as proteins, amino acid solution, carbohydrates, multiple vitamins & antioxidants, minerals, and others. The multiple vitamins and antioxidants segment is anticipated to dominate the medial nutrition market throughout the forecast period owing to the increasing demand for multivitamins supplements for reducing insufficiencies among the patients. The Covid-19 pandemic has demonstrated a double-edged sword for the nutrition industry, sabotaging revenues while driving the interest in health-related products, primarily in the immune system support. In September 2020, following the success of its Essential for Women line, supplement brand Ritual expanded its consumer profile with the launch of new multivitamins Essential for Men 18+ and Essential for Men 50+.

Amino acids are used as a medium to provide a concentrated, peculiar, and efficient intake of required nutrient components in medical foods for elderly people with lower digestive capabilities, malnourished patients, as well as in other uses. Amino acids are referred to as the building blocks of proteins are vital for the synthesis of hormones, and neurotransmitters. Biotechnological methods are being used for the production of amino acids and modern biotechnology is utilized to increase the production yield. With plant-based nutrition gaining popularity, plant-based raw materials such as corn, soybean, and wheat are used for production owing to their high concentrations of amino acids.

The carbohydrate segment of the medical nutrition market is expanding at a CAGR of 11.9% during the forecast period. It is generally recommended to consumers 45-65% of the total calorie intake by a person in the form of carbohydrates per day. However, carbohydrate needs to depend on such as body size, activity levels, and blood sugar control. The Food and Drug Administration (FDA) recommends that people get 275 g of carbohydrate each day in a 2,000-calorie diet. This includes total sugars, dietary fiber, and added sugars, which are listed on food labels.

On the basis of region, North America held the largest market share in the Medical Nutrition market segment is growing at a CAGR of 7.2% during the forecast period

Medical Nutrition Market in North America is deep-rooted, owing to the factors such as the presence of the growing burden of chronic diseases, a large geriatric population base, and increased awareness in society regarding medical nutrition. In recent years, North America has observed high focus by the companies and hospitals, towards health and wellness, aging, and disease prevention. Preventive medical nutrition is steadily and efficiently being adopted by healthcare centers in the region for various chronic diseases, including diabetes, ischemic stroke, coronary artery disease, and few cancer indications. Moreover, healthcare expenditure in North America is growing faster than economic growth. In addition to this presence of efficient and responsive health systems across the United States and Canada has also contributed to the maximum share of GDP. These are the primary contributors driving the demand and growth in the medical nutrition market of North America.

Medical Nutrition Market Dynamics such as drivers, restraints opportunities, and challenges:

Drivers:

  • The growing incidence of chronic diseases coupled with the rising aging population
  • Rising awareness regarding health and wellness among the consumers
  • The increasing rate of premature births leading to long-term illness, which requires the intake of adequate nutrition

Restraints:

  • The high price of medical nutrition which is not affordable to the economically weak demographic groups

Opportunities:

  • Demand from emerging economies
  • Developments of plant-based medical nutrition

Challenges:

  • Presence of alternative treatment methods

The report also provides an in-depth analysis of recent developments in the Medical Nutrition market:

S. No Year Type News
1 Oct-20 Campaign DSM launched a brand new campaign for its human nutrition and health market segments. The concept of new campaign revolves around DSM’s strategic direction as an end-to-end partner in human nutrition and health market in the value chain. The campaign reflects company’s position as innovative, reliable, and purpose-led partner.
2 Apr-20 Acquisition DSM completed the acquisition of Glycom, leader in Human Milk Oligosaccharides (HMO) for €765 million. HMOs is an essential for cognitive and digestive functions, development of immunity. HMOs are also used to cover unmet nutrition needs like irritable bowel syndrome. The acquisition will add HMOs to DSM’s product portfolio.
3 May-19 Agreement BASF and Glycosyn entered into a strategic partnership for development and commercialization of human milk oligosaccharides (HMOs) for use in medical food, functional nutrition and dietary supplements.

Company Profiles and Competitive Intelligence

The key players operating in the medical nutrition market are:

  1. Abbott
    1. Company Fundamentals
    2. Financial Analysis (Subject to Availability)
    3. Product Portfolio
    4. Recent Developments
    5. SWOT Analysis
  2. Mead Johnson & Company, LLC
  3. Danone
  4. Nestle
  5. Nutricia
  6. Baxter
  7. GlaxoSmithKline Consumer Healthcare Ltd.
  8. Fresenius Kabi
  9. Sun Pharmaceutical Industries Ltd.
  10. BASF SE
  11. DSM
  12. Pfizer Inc.
  13. Perrigo Company plc
  14. B. Braun Melsungen AG
  15. Victus, Inc.
  16. AYMES International Ltd
  17. Nualtra
  18. MEDIHUB CLINICAL NUTRITION
  19. SternLife GmbH & Co. KG
  20. Nutra Supplements
  21. Amerix Nutra-Pharmaceuticals, Inc.
  22. Other Notable Players

Key Questions Answered in the Medical Nutrition Market Report:

  1. What are the key end-users driving the medical nutrition market?
  2. What are the key factors influencing the growth of the gastrointestinal diseases application segment?
  3. What are the major sources of medical nutrition?
  4. What are the factors contributing to the price variation of medical nutrition globally?
  5. Which is the largest country-level market for medical nutrition?
  6. What is the impact of COVID-19 on the medical nutrition market?
  7. How are the companies reacting to the impact of a pandemic on medical nutrition market?

Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

  1. Market Introduction
    1. Definition
    2. Scope Of The Study
    3. List Of Assumptions
    4. Market Structure
    5. Scope of the Study: Segmentation 
    6. Timeframe, Currency and Limitations
  2. Executive Summary
    1. Market Summary
    2. Market Snapshot
    3. Regional Snapshot
    4. Country Snapshot
  3. Research Methodology
    1. 3P Research Approach
    2. Market Sizing Approach
    3. Data Sources
    4. Primary Research Coverage
  4. Market Overview
    1. Market Drivers
    2. Opportunities
    3. Value Chain Analysis
    4. Recycling Rates
    5. Pricing Analysis
  5. Premium Insights
    1. Section 4: Premium Insights
    2. Key Trend Analysis
    3. Major Investment Scenario
    4. New revenue Pockets
    5. Pain Point Analysis
    6. Regional Price Trend Analysis
    7. Strategies Adopted-Benchmarking Heat Map
    8. Regulatory Implications
    9. Business Recommendations
    10. Marketing Channel Analysis
    11. Opportunity Mapping
    12. Market Share Analysis
    13. PESTEL Analysis
    14. Regional Lifecycle
    15. Developed vs. Developing Economies, 2020 vs 2027
  6.  COVID – 19 Opportunity Mapping
    1. Revenue Impact & Opportunity
    2. Strategic Adjustments
    3. Supply Chain Impact
    4. Impact Outlook
    5. Key Drivers & Anticipated Revival Period
    6. Key Trends Analysis
    7. Impact on End user Industry
    8. Opportunity Analysis
  7. Market Overview & Competitive Landscape
    1. Competitive Landscape
    2. Investment Scenario by key Players
    3. Key Player Overview
    4. Product comparison
    5. Player Wise Geographic Presence
    6. Player Wise Target Customer Segment
    7. Recent News
      1. Product Launches & upgrades
      2. R&D / Innovation
      3. Merger & Acquisition
      4. JV & Partnership
      5. Recognition and others
  8. Market Segmentation (Market Size and Share Analysis)
    1. Global Market Size & Historic Growth
    2. Market Size by Type
      1. Infant Medical Nutrition Products
      2. Enteral Medical Nutrition Products
      3. Parenteral Medical Nutrition Products
    3. Market Size by Product Type
      1. Proteins
      2. Amino Acid Solution
      3. Carbohydrates
      4. Multiple Vitamins & Antioxidants
      5. Minerals
      6. Others
    4. Market Size by Taste
      1. Flavored
      2. Unflavored
    5. Market Size by Route of Administration
      1. Parenteral
      2. Oral
    6. Market Size by Application
      1. Gastrointestinal Diseases
      2. Pulmonary Diseases
      3. Pediatric Malnutrition
      4. Renal Failure
      5. Cancer
      6. Diabetes
      7. Others
    7. Market Size by End-users
      1. Market Size by Application
      2. Gastrointestinal Diseases
      3. Pulmonary Diseases
      4. Pediatric Malnutrition
      5. Renal Failure
      6. Cancer
      7. Diabetes
      8. Others
    8. Market Size by Distribution Channel
      1. Online
      2. Offline
        1. Hospitals
        2. Compounding Pharmacy
        3. Retail Pharmacy
        4. Others
    9. Geography
      1. North America
        1. US
        2. Canada
      2. Europe
        1. UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Russia
        7. Rest of Europe
      3. APAC
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Singapore
        6. Rest of APAC
      4. Latin America
        1. Mexico
        2. Brazil
        3. Argentina
        4. Rest of LATAM
      5. Middle East & Africa
        1. GCC
        2. Rest of MEA
    10. Company Profiles
      1. Abbott
        1.  Company Fundamentals
        2. Financial Analysis (Subject to Availability)
        3. Product Portfolio
        4. Recent Developments
        5. SWOT Analysis
      2. Mead Johnson & Company, LLC
      3. Danone
      4. Nestle
      5. Nutricia
      6. Baxter
      7. GlaxoSmithKline Consumer Healthcare Ltd.
      8. Fresenius Kabi
      9. Sun Pharmaceutical Industries Ltd.
      10. BASF SE
      11. DSM
      12. Pfizer Inc.
      13. Perrigo Company plc
      14. B. Braun Melsungen AG
      15. Victus, Inc.
      16. AYMES International Ltd
      17. Nualtra
      18. MEDIHUB CLINICAL NUTRITION
      19. SternLife GmbH & Co. KG
      20. Nutra Supplements
      21. Amerix Nutra-Pharmaceuticals, Inc.
      22. Other Notable Playerss
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