Market key trends:
The India Medical Nutrition Market has been witnessing high growth due to the increasing prevalence of chronic diseases and rising health consciousness among consumers. Growing elderly population suffering from chronic diseases like cancer, gastrointestinal disorders is driving the demand for nutritional products in the country. Furthermore, the launch of innovative products tailored to address the nutritional requirements of patients at different stages of disorders is a key trend in the market.
SWOT Analysis
Strength: Growing elderly population susceptible to chronic diseases, increasing healthcare expenditure.
Weakness: Lack of awareness, high cost of specialized medical foods.
Opportunity: Rising incidence of chronic diseases, untapped rural markets.
Threats: Intense competition, easy availability of alternatives.
Key Takeaways
The India Medical Nutrition Market Size was valued at US$ 466.5 million in 2023. The market is expected to grow at a substantial CAGR of 8.1% during the forecast period due to the increasing burden of chronic diseases in the country.
Regional Analysis
Regionally, South India dominates the India Medical Nutrition Market with the highest consumption. The higher prevalence of lifestyle diseases such as diabetes and obesity among urban populations is driving sales in the region. Meanwhile, North India is expected to be the fastest growing market owing to growing health awareness.
Key Players
Key players in the India Medical Nutrition Market include Abbott Laboratories, Baxter International Inc., Danone S.A., Nestlé S.A., GlaxoSmithKline plc., Sun Pharmaceutical Industries Ltd., Fresenius Kabi AG, BASF SE, etc. These leading players are focusing on expanding their product portfolios through frequent new launches tailored to address the nutritional needs at different stages of chronic disorders.
Căutare
Categorii
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Jocuri
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Alte
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness
- IT, Cloud, Software and Technology
Citeste mai mult
Peut-On Encore Acheter des Crédits sur EA FC 25 ?
Avec la sortie de EA FC 25, les joueurs peuvent se demander s'il est encore possible d'acheter...
Nelkenzigaretten mit Rabatt
Zigaretten sind hergestellte Tabakfüllungen, die einen Filter haben können oder nicht....
Central Bank Interventions Decoded: Analyzing Their Impact on Currency Trading
Introduction
In the world of forex trading, central bank interventions are one of...
NREMT-P Exam Preparation: Tips and Resources for Success
Embarking on the journey to become a certified Best NREMT Study Guide EMT is a commendable...
Discover Prosperity with Dendritic Agate Jewelry
Dendritic Agate Jewelry isn't simply a delightful gemstone; having strong healing properties is...