Medical Nutrition Market to Be Driven by Rising Prevalence of Chronic Diseases
A recent market research report added to the research report portfolio of MarketResearchReports.biz presents a thorough analytical overview of the global medical nutrition market.
Albany, NY -- (SBWire) -- 10/11/2017 --The report, titled "Medical Nutrition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019," analyzes and reviews the market and presents forecasts regarding the way the market is expected to expand in the coming years. The market is expected to tread along a healthy growth path over the report's forecast period and regions such as Asia Pacific and Latin America will present vast growth opportunities owing to rising disposable incomes of the population.
The report provides vast market-related data through qualitative and quantitative modes, presenting a thorough picture of the overall present state of the market's growth. An overview of the key factors expected to drive and challenge the market, the trends that are representative of consumer expectations, and regulatory factors specific to regional markets are also highlighted in the report. The report also includes data regarding the performance of some of the leading companies operating in the market engaged in research and development, manufacturing, processing, and distribution and supplies of medical nutrition products.
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The report states that the global medical nutrition market is fueled owing to a number of factors. The key driving factors include the rising awareness amongst people on the benefits of medicated beverages and foods and the rising prevalence of diseases such as renal failure, diabetes, obesity, cancer, malnutrition, sarcopenia, which could be avoided by the regular intake of a nutritional diet. Moreover, the changing lifestyles of people, comprising extended work hours, habitual smoking, reliance on fast food, and alcohol, have also resulted in the dearth of adequate nutrients, thus raising the demand for medical nutrition products.
Moving further, this study analyzes the various product segments of the market for medical nutrition. The product segments analyzed include elderly nutrition, parenteral nutrition, infant nutrition, and sports nutrition. As per the report, the rising occurrence of premature births has emerged as one of the prime reasons for the rising demand for pediatric medical nutrition. The segment of elderly nutrition is also expected to expand at a promising pace owing to the rising population of geriatrics across the globe. Increased participation in sports activities, especially in developing economies are expected to fuel the demand for sports nutrition products.
The report also presents a thorough analysis of the global medical nutrition market on the basis of geography. The report analyzes the market for medical nutrition for regions such as Asia Pacific, North America, Europe, and Rest of the World (RoW). Of these regional markets, North America led the market for medical nutrition owing to the high number of people suffering from chronic diseases, thus increasing the need for medicated foods. The report states that Europe and Asia Pacific trailed North America in the global market for medical nutrition. According to the report, in the emerging countries of Brazil, China, South Africa, and Mexico, the market for medical nutrition will rise owing to the increased spending of people on various health conditions.
The report also presents a detailed overview of the competitive landscape of the global medical nutrition market, presenting detailed business profiles of some of the leading vendors. Some of the key players operating in the global medical nutrition market are Abbott Nutrition, Danone, Nestle, Baxter International, Inc., Mead Johnson Nutrition Co., B. Braun Melsungen AG, NeoMed, and Nutricia, among others.
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