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Report updated on 11th September, 2021: Global Oral Clinical Nutrition Supplements Market 2021 (Includes Business Impact of COVID-19)Global Oral Clinical Nutrition Supplements Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global oral clinical nutrition supplements market report has been segmented on the basis of type, application, and region.The global Oral Clinical Nutrition Supplements market size was valued at USD$6969.38 million in 2020 and is projected to reach $9831.00 million by 2030 is anticipated to expand at a CAGR of 3.5% over the forecast period from 2020 to 2030.
Global Oral Clinical Nutrition Supplements Market: OverviewOral nutritional supplements are semi-solids or powders, sterile liquids, that offer micro and macro nutrients. Oral clinical nutrition supplements are useful for the patients who are suffering from prolonged infection or half-starved patients for improving their dietary situation. The oral clinical nutrition supplements are useful for patients who are losing their interest in consuming any normal food as they are experiencing loss of taste. These supplements consist of fortified/functional food & beverages, dietary supplements, food intolerance products, and derma-cosmetic skin essentials.
Global Oral Clinical Nutrition Supplements Market: DynamicsIncreasing number of young population and higher demand for healthy food coupled with increasing demand for diversified oral clinical nutrition supplements among most of the population are the major factors expected to drive growth of the target market. In addition, increasing expansion and presence of global players involved in the food processing industry, growing occurrences of chronic infections, rising healthcare costs are some of the other factor expected to drive demand of the oral clinical nutrition supplements. Furthermore, increasing sales of oral clinical nutrition supplements coupled with increasing number of geriatric and aging population are among the other factors expected to drive the growth of the target market. However, high cost and regulatory compliance is a major factor that could restraining the growth of the target market. In addition, the fluctuating raw material prices is other factor that may hamper the growth revenue to a certain extent. Major trends observed in the global oral clinical nutrition supplements market are increasing number of population shifting towards adoption of healthy lifestyle as well as innovation in flavors to develop great tasting nutritional products
Global Oral Clinical Nutrition Supplements Market: Segment AnalysisAmong the types segments, standard formula segment is dominating in the global market in terms of revenue share. As there is awareness of these standard formulas. This is the factor expected to drive the growth of type segment. Among the application, children are dominating in the global market in terms of revenue share. As there is an increase in number of diseases including malnutrition which is mostly detected in children.
Global Oral Clinical Nutrition Supplements Market: Regional AnalysisCurrently, North America market accounts for the major share and is expected to drive growth over the forecast period as this region. This is primarily attributed to, maximum product offerings coupled with increasing number of innovative product launches, and increasing wider availability & adaptability of oral clinical nutrition supplements in US. Asia Pacific market in expected to register fastest growth in terms of revenue in the near future due to increasing number of oral clinical nutrition supplement product diffusion and increasing per capita income level, are the factors which drive the growth of the target market in Asia Pacific region.
Global Oral Clinical Nutrition Supplements Market Segmentation:Segmentation by type:
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Oral Clinical Nutrition Supplements Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...