Medical Nutrition: Evolving Trends and Growth Predictions for the Next Decade
Posted 2024-12-09 10:33:35
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The global Medical Nutrition Market is forecasted to experience substantial growth between 2024 and 2034, according to a comprehensive report by Future Market Insights. With an increasing emphasis on therapeutic nutrition for managing chronic diseases, aging populations, and critical care needs. Global Medical Nutrition industry sales reached approximately USD 16,192.6 million at the end of 2024. Forecasts suggest the market will achieve a 6.4% compound annual growth rate (CAGR) and exceed USD 26,555.9 million in value by 2034
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Key Drivers of Market Growth:
- Rising Prevalence of Chronic Diseases: The global burden of diseases such as diabetes, cancer, cardiovascular diseases, and gastrointestinal disorders is driving demand for specialized medical nutrition solutions. These products are designed to support patient recovery, improve clinical outcomes, and enhance quality of life by providing targeted nutrition tailored to specific health conditions.
- Aging Population: As the world’s aging population continues to grow, the need for tailored nutritional products is increasing. Elderly individuals often face malnutrition and require specific formulations to support their health and recovery, particularly in long-term care facilities and hospitals.
- Advances in Clinical Nutrition: Innovations in medical nutrition products, including enteral and parenteral nutrition solutions, are revolutionizing patient care. These products are increasingly used in hospitals, clinics, and home healthcare settings to manage malnutrition and provide essential nutrients for patients who are unable to consume regular food.
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