Clinical nutrition products are specially formulated food and beverages that provide specific nutritional requirements to those who have illnesses or have health conditions that restrict normal eating. These products come in a variety of forms, including powders, liquids, capsules, and ready-to-use formulas and provide macro and micronutrients to optimize clinical outcomes. Clinical nutrition helps in managing chronic diseases, reduction in mortality and morbidity rates, lowering healthcare costs and improving quality of life. It plays a crucial role in recovery and rehabilitation of patients as normal food may not suffice the increased nutritional demands during illness or injury. The need for clinical nutrition arises when the body cannot meet all its nutritional needs through oral dietary intake alone or absorb enough nutrients from food. In recent times, there has been an increase in the prevalence of chronic diseases such as cancer, diabetes, neurological disorders among others in copyright which require specialized clinical nutrition products to manage the conditions.
The Global copyright Clinical Nutrition Market is estimated to be valued at US$ 642.9 Mn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the copyright Clinical Nutrition Market are Haesung Optics Co. Ltd., Largan Precision Co. Ltd., Tamron Co. Ltd. Growing prevalence of chronic diseases as well as rising health awareness among consumers are fueling the copyright Clinical Nutrition Market Demand for clinical nutrition products in copyright. Technological advancements in the field of clinical nutrition such as innovative formulations, packaging solutions and accessories are further boosting the market growth.
Market Trends
1) Increased adoption of personalized clinical nutrition - With growing emphasis on individualization of healthcare, there is a trend of developing tailored clinical diet plans based on a person's medical condition, lifestyle, genetics and metabolism. This is expected to drive higher demand.
2) Focus on products with health-promoting ingredients - Manufacturers are developing clinical nutrition formulas enriched with ingredients that provide additional health benefits beyond basic nutrition. For example, products containing probiotics, prebiotics, omega-3 fatty acids etc.
Market Opportunities
1) Untapped rural markets - Majority of copyright Clinical Nutrition Market Challenges And Opportunities product sales currently come from urban areas. However awareness is gradually increasing in rural regions providing scope for higher market penetration.
2) Growth in e-commerce sector - online platforms are increasingly being utilized for purchase of clinical nutrition products offering convenience to time-pressed consumers. This emerging sales channel provides new opportunities for industry players.
The COVID-19 pandemic has significantly impacted the growth of copyright Clinical Nutrition Market. With hospitals focusing on treating large number of coronavirus cases, resources meant for other treatments reduced considerably. This led to postponement of elective surgeries and decline in number of patients receiving clinical nutrition support. Lockdowns imposed to curb the virus spread further restricted the movement of people, disrupting supply chains and hampering production and distribution of clinical nutrition products.
However, with rising number of COVID-19 patients developing severe clinical conditions like acute respiratory distress syndrome (ARDS), the demand for immunonutrition increased. Therapies involving specialty nutrients gained prominence for supporting immune function and organ recovery in infected individuals. The focus also shifted to parenteral and enteral medical foods suitable for nutrition requirements of critically ill coronavirus patients in ICUs. Telehealth and home delivery models picked up for continuing virtual consultations and ensuring supply of supplemental feeds to non-hospitalized patients.
As the pandemic situation stabilizes, the market is expected to rebound through accelerated research on clinical nutrition formulations that can help manage COVID-19 symptoms and expedite recovery. The emphasis will be on developing disease-specific tube feeding formulas, high protein oral supplements and micronutrient cocktails showing promise against SARS-CoV-2. Telemedicine will continue playing a role to assist high-risk groups obtain telephonic counselling and online orders of products supporting their nutritional needs.
In terms of value, the copyright Clinical Nutrition Market remains concentrated in Ontario region due to higher population density, strong healthcare infrastructure and elevated Disease Burden. The province is home to many leading care facilities and research centres working in the fields of nutrition, critical care and chronic disease management where clinical nutrition finds extensive usage. British Columbia follows next as it receives substantial funding support from both federal and provincial governments for expanding access to nutritional therapies statewide.
The Western region spanning Alberta, Saskatchewan and Manitoba represents the fastest growing area for copyright Clinical Nutrition Market. Significant rise in lifestyle diseases, growing number of bariatric surgeries and increasing geriatric population susceptible to undernutrition in these provinces are major demand drivers. Favourable policies by regional administrations to promote consumer awareness about role of clinical nutrition in prevention and treatment of illnesses will further stimulate market growth rates over the forecast period.
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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)