03.02.15
The global Clinical Nutrition market was valued at $36.9 billion in 2013 and is expected to grow at a CAGR of 4.1% from 2014 to 2020, to reach an estimated value of $48.6 billion in 2020, according to a new report from Persistence Market Research.
Rise in the number of victims of malnutrition receiving treatment, high birth rate and a high number of premature births are some of the important factors driving global growth. Malnutrition is a widespread problem affecting the lives of millions of people globally. It is a condition that occurs due to deficiency of essential nutrients in the body.
In 2010, around 40% of all hospital patients across the world were malnourished. In Europe, around one-third of all hospital patients were malnourished in 2012. Clinical nutrition is the most efficient way to treat malnutrition and avoid associated costs, according to the report, titled “Global Market Study on Clinical Nutrition: Infant Nutrition Segment To Witness Highest Growth by 2020.”
Asia-Pacific is the largest market for clinical nutritional products globally. Increasing birth rate paired with an increasing geriatric population is driving demand in this region.
Major factors contributing to growth in North America include an increase in consumer awareness about health and well-being, as well as increasing healthcare costs.
Rise in the number of victims of malnutrition receiving treatment, high birth rate and a high number of premature births are some of the important factors driving global growth. Malnutrition is a widespread problem affecting the lives of millions of people globally. It is a condition that occurs due to deficiency of essential nutrients in the body.
In 2010, around 40% of all hospital patients across the world were malnourished. In Europe, around one-third of all hospital patients were malnourished in 2012. Clinical nutrition is the most efficient way to treat malnutrition and avoid associated costs, according to the report, titled “Global Market Study on Clinical Nutrition: Infant Nutrition Segment To Witness Highest Growth by 2020.”
Asia-Pacific is the largest market for clinical nutritional products globally. Increasing birth rate paired with an increasing geriatric population is driving demand in this region.
Major factors contributing to growth in North America include an increase in consumer awareness about health and well-being, as well as increasing healthcare costs.