Enteral Feeding Formula Market Size Worth $6.07 Billion By 2030: IndustryARC

Global Enteral Feeding Formula Market size is predicted to reach $6.07 billion by 2030, growing at a CAGR of 6.5 % during the forecast period 2024-2030 according to the latest market research report published by IndustryARC. Escalating Construction Sectoris poised to propel the market growth, finds IndustryARC in its recent report, titled “Enteral Feeding Formula Market – By Product Type (Standard Formula (Calorie Dense Products – 1.0 calorie/mL, Calorie Dense Products – 1.2 calorie/mL, Calorie Dense Products – 1.5 calorie/mL, Calorie Dense Products – 2.0 calorie/mL), Specialty Formula (Renal Formulas, Liver Formulas, Diabetes Formulas, Pulmonary Formulas, Immuno Modulatory Formulas, Gastrointestinal Dysfunction Formulas, Others), Blenderized Formula (Fruits, Vegetables, Meat, Seeds and Grains, Dairy, Others), Elemental Formula, Semi-Elemental Formula, Polymeric Formula, Hydrolyzed Formula, Fiber Supplemented Formula, and others.), By Age Category (Adult, and Children), By Form(Powder, and Liquid),  By Flavor(Flavored (Vanilla, Strawberry, Butter Pecan, and Others), and Unflavored), By Mode of Delivery(Oral, Gastric (Nasogastric, Oro-Gastric, Gastrostomy), Tans-pyloric (Naso-jejunal, Gastro-jejunostomy, Jejunostomy)), By Application (Oncology, Gastroenterology, Neurology, Diabetes, Critical Care, and Others), By End-Use Industry (Hospitals & Clinics, Nursing Homes, Home Care & Hospice Agencies, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030”

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Asia Pacific to Register Highest Growth:

In contrast, the Asia-Pacific region is expected to experience the fastest growth with a CAGR of 7.3% during the forecast period 2024-2030. This growth is driven by the rising incidence of preterm births and increasing diabetes diagnoses. According to the World Health Organization (WHO), India, China, Nigeria, Pakistan, and Indonesia report the highest number of preterm births. Additionally, India, the world’s second-largest country with a population of 1.3 billion, has seen a significant rise in diabetes diagnoses. The Indian Council of Medical Research’s 2023 report estimates that over 101 million people in India have diabetes, presenting considerable public health challenges. The high incidence of preterm births and the growing prevalence of diabetes in these regions are expected to drive significant growth in the enteral feeding formula market.

Enteral Feeding Formula Market 2023-2030: Scope of the Report

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Enteral Feeding Formula Market Report – Key Takeaways:

• The adult segment held the largest share in the Enteral Feeding Formula market

The adult segment accounted for the largest revenue market share in 2023 in the Global Enteral Feeding Formula Market. This is primarily due to the growing geriatric population coupled with chronic illnesses. The use of enteral feeding formulas has increased significantly as studies demonstrating clinical benefits have emerged. The practice of using enteral feeding formulas has also evolved with the availability of diverse formulas varying in macronutrient concentration and distribution.

• The liquid segment held the largest share in the Enteral Feeding Formula market

The Liquid segment accounted for the largest revenue market share in the Global Enteral Feeding Formula Market in 2023 and is projected to grow with the fastest CAGR of 6.8% during the forecast period of 2024-2030. Liquid formulations are preferred when possible due to their easy absorption and lower likelihood of causing tube occlusions. These formulas are administered to patients via enteral (gut) routes to provide a partial or sole source of nutrients.

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Key Opportunity Analysis:

Increasing Prevalence of Chronic Diseases and Aging Population

The growing incidence of chronic diseases such as cancer, neurological disorders, and gastrointestinal diseases, combined with an aging population, is driving the demand for enteral feeding formulas. As the number of patients requiring long-term care and nutritional support increases, the market for enteral feeding formulas is expected to expand significantly. This demographic shift creates a substantial opportunity for manufacturers to cater to the rising demand for specialized nutritional products.

Advancements in Product Formulations and Technologies

Ongoing research and development in enteral feeding formulas have led to innovations in product formulations, including the development of specialized formulas tailored for specific medical conditions such as diabetes, renal failure, and metabolic disorders. Additionally, advancements in enteral feeding devices and technologies, such as user-friendly feeding tubes, pumps, and portable feeding systems, are enhancing the overall effectiveness and ease of use, thereby creating growth opportunities in the market. These technological improvements make enteral feeding more accessible and efficient, encouraging wider adoption.

Rising Awareness and Adoption of Home Enteral Nutrition

There is a growing awareness among patients and caregivers about the benefits of home enteral nutrition (HEN). The convenience and cost-effectiveness of home-based enteral feeding, coupled with increasing support from healthcare providers and insurance companies, are driving the adoption of HEN. This trend is opening new avenues for market growth, as manufacturers focus on developing easy-to-use and nutritionally balanced enteral feeding products for home care settings. Enhanced education and training programs for patients and caregivers are also contributing to the increased acceptance and utilization of home enteral nutrition solutions.

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The report also covers the following areas:

• Enteral Feeding Formula Market Size and Forecast
• Enteral Feeding Formula Market Trends
• Enteral Feeding Formula Market Analysis by Product Type

Enteral Feeding Formula Market 2024-2030: Key Highlights

• CAGR of the market during the forecast period 2024-2030
• Value Chain Analysis of key stakeholders
• Detailed analysis of market drivers and opportunities during the forecast period
• Enteral Feeding Formula Market size estimation and forecast
• Analysis and predictions on end users’ behavior and upcoming trends
• Competitive landscape and Vendor market analysis including offerings, developments, and financials
• Comprehensive analysis of challenges and constraints in the Enteral Feeding Formula Market

Covid and Ukrainian Crisis Impact:

• The pandemic resulted in a substantial increase in hospitalizations, with many patients experiencing severe respiratory distress and requiring prolonged ventilation. This condition often led to the need for enteral feeding to maintain adequate nutrition, particularly for those unable to consume food orally. The severity of COVID-19 in many patients necessitated extended stays in intensive care units (ICUs). Prolonged ICU admissions frequently required enteral feeding as a critical component of patient care, to ensure proper nutritional support and recovery.

• The conflict has led to widespread displacement of people both within Ukraine and across borders into neighboring countries. Displaced individuals often face difficulties accessing adequate food and nutrition, increasing the demand for enteral feeding formulas as part of humanitarian aid efforts to ensure they receive necessary nutrients. The conflict has placed immense strain on local resources and infrastructure, making it challenging for communities to provide sufficient food and healthcare services. Humanitarian organizations have stepped in to provide enteral feeding formulas and other nutritional supplements to address the gaps created by the disruption of local supply chains.

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List of Key Market Players in the Enteral Feeding Formula Market:

The Global Enteral Feeding Formula Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:

• Abbott Laboratories
• Nestle SA
• Fresenius Kabi AG
• Braun Melsungen AG
• Nutricia
• Medtrition, Inc.
• EN Otsuka Pharmaceutical Co., Ltd.
• WHOLE Enteral Nourishment
• Vonco Products, LLC.
• Meiji Holdings Co., Ltd.

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