Global Enteral Feeding Formulas Market Size 2021 Industry Recent Developments, Emerging Trends, Growth, Progression Status, Latest Technology, and Forecast Research Report 2028

Adroit Market Research
Global Enteral Feeding Formulas
Market
Size 2019, By Product Type (Standard Formula, and Disease-Specific
Formula), Indication Type (Alzheimer’s, Nutrition Deficiency, Cancer Care,
Diabetes, Chronic Kidney Diseases, Orphan Diseases, Dysphagia, Pain
Management, Malabsorption/ GI Disorder/Diarrhea, and Others), Flow Type
(Intermittent Feeding Flow, and Continuous Feeding Flow), Stage (Adults, and
Pediatrics), End-Users [Hospitals (Cardiology, Neurology, Critical Care (ICU),
Oncology), Home Care], Region (North America, Europe, Asia Pacific, Middle
East and Africa, Latin America), Global Forecast, 2020 to 2028
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Global Enteral Feeding Formulas Market Is Expected To Witness A Lucrative Growth
Over The Forecast Period
• The global enteral feeding formulas market was valued at USD 5,330.6 million in 2019. Rise in premature births is one of
the main factors propelling demand for sip feeds to cater to the nutritional requirements of the newborns. The rise in
technological advancements of enteral feeding formulas and growing chronic diseases are the factors that are propelling
the growth of the global enteral feeding formulas market.
• Adroit Market Research report on global enteral feeding formulas market gives a holistic view of the market from 2018 to
2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied
for historic years 2018, with the base year of estimation as 2019 and forecast from 2020 to 2028. The report covers the
current status and future traits of the market at global as well as country level. In addition, the study also assesses the
market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic
footprint, strategic initiatives and overall revenue. Prominent players operating in the global enteral feeding formulas
market have been studied in detail.
• The global enteral feeding formula market is growing due to rising chronic diseases and disorders, increasing geriatric
populations, increasing premature birth prevalence, high health care costs, and high demand for home care. The second
largest cause of death worldwide, chronic diseases such as cancer, accounted for 8.8 million deaths in 2015. Due to the
lower penetration, especially among the geriatric and paediatric patient population, the enteral food segment is presently
in the uncharted or unexplored and compared to the oral food segment.
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Global Enteral Feeding Formulas Market Is Expected To Witness A Lucrative Growth
Over The Forecast Period
• However, due to the rising demand for technologically advanced goods, including enteral feeding pumps, used to deliver
medical foods, this route is expected to see the fastest growth in the future. Through these enteral feeding products,
companies are increasingly concentrating on improving patient mobility and safety. In addition, the understanding among
patients and doctors of the choices available on the market makes it easier to select the best route for nutrient
administration based on varying patient requirements.
• The global enteral feeding formulas market has been segmented based on product type, indication type, flow type, stage,
end-users and region. Based on product type, standard formula segment dominated the market in 2019 due to the rising
demand for standard tube feeds among volume sensitive patients or patients suffering from congestive heart failure,
Syndrome of Inappropriate Diuretic Hormone (SIADH), and renal failure. On the basis of indication type, other indications,
followed by cancer care dominated the market in 2019, due to the rising occurrence of malnutrition associated with the
weakening of the immune system in critically ill patients. On the basis of flow type, the intermittent feeding flow segment
dominated the market as it does not require any feeding pumps, which allows greater mobility between the feedings. This
is expected to increase its adoption among hospital and homecare settings, thereby positively impacting the segment
growth. On the basis of stage type, the adults segment dominated the market in 2019 due to the high commercial
availability of tube feed among adults and rising adoption. The syringe technique, gravity drip technique, and the pump
system can be used for enteral feeding in adults. Based on end-users, home care segment dominated the market in 2019
due to the increasing adoption of enteral feeding formulas by home healthcare patients and increasing government
intervention to educate the patient population on the use of enteral feeding pumps or systems. In collaboration with the
National Institute for Clinical Excellence ( NICE), the newly developed strategy has revolutionised nutrition supplements
for patient health care facilities and increased service quality.
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Global Enteral Feeding Formulas Market Is Expected To Witness A Lucrative Growth
Over The Forecast Period
• North America dominated the global enteral feeding formulas market in 2019. Rapid adoption of technologies in
healthcare. One of the main factors driving the regional market is high knowledge of medical nutrition, the involvement of
key players and numerous initiatives to reduce the incidence of disease-related malnutrition. Latin America is anticipated
to witness the fastest growth during the forecast period owing to the growing geriatric population and the increasing
prevalence of chronic diseases are some of the key factors driving the regional market.
• Key players operating in the global enteral feeding formulas market include Nestle Health Science, Danone Nutricia,
Abbott Nutrition, Primus Pharmaceuticals, Inc., Mead Johnson & Company, LLC, Fresenius Kabi AG, Meiji Holdings Co., Ltd.,
and Victus among others.
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Key Segments of the Global Enteral Feeding Formulas Market
Product Type Overview, 2018-2028 (USD Million)
• Standard Formula
• Disease-Specific Formula
Indication Type Overview, 2018-2028 (USD Million)
• Alzheimer’s
• Nutrition Deficiency
• Cancer Care
• Diabetes
• Chronic Kidney Diseases
• Orphan Diseases
• Dysphagia
• Pain Management
• Malabsorption/GI Disorder/Diarrhea
• Others
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Key Segments of the Global Enteral Feeding Formulas Market
• Flow Type Overview, 2018-2028 (USD Million)
• Intermittent Feeding Flow
• Continuous Feeding Flow
• Stage Overview, 2018-2028 (USD Million)
• Adults
• Pediatrics
• End-Users Overview, 2018-2028 (USD Million)
• Hospitals
• Cardiology
• Neurology
• Critical Care (ICU)
• Oncology
• Home Care
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The global enteral feeding formulas market was valued at USD 5,330.6 million in 2019. Rise in premature births is one of the main factors propelling demand for sip feeds to cater to the nutritional requirements of the newborns. The rise in technological advancements of enteral feeding formulas and growing chronic diseases are the factors that are propelling the growth of the global enteral feeding formulas market. https://www.adroitmarketresearch.com/contacts/request-sample/1788