Global Clinical Nutrition Market Analysis

The Global Clinical Nutrition Market size stood at around xx Bn in 2023 and is projected to reach US $xx Bn by 2033, exhibiting a CAGR of xx% during the forecast period.

The Global Clinical Nutrition Market Analysis Executive Summary

Clinical Nutrition refers to the prevention, diagnosis and management of nutritional changes in patients linked to chronic diseases and conditions in primary health care. Additionally clinical nutrition aims to help patients maintain a healthy energy balance, while also providing sufficient amounts of nutrients such as protein, vitamins and minerals. 

The importance of clinical nutrition cannot be overstated as it can help patients completely treat and even prevent some diseases. Some examples of clinical nutrition include low carbohydrate diets in diabetes patients and gluten-free diets in patients with coeliac disease. With an increase in consumers who are moving towards preventive medicine, there is an opportunity for companies in this market to experience significant growth.     

Global Clinical Nutrition Market Dynamics

Market Growth Drivers

The increase in the prevalence of chronic diseases globally is a major driver of this market. As more and more consumers receive diagnoses of conditions such as diabetes, hypertension, coeliac disease, and obesity, there will be a demand for products that help them meet their nutritional goals, provide energy and also help them treat their diseases. Furthermore, as consumers continue to gravitate toward preventive medicine there will be an increased demand for clinical nutrition that helps in the prevention of certain conditions which will help propel this market forward. 

Opportunity

There is an opportunity for companies within this market to create products tailored toward homecare based clinical nutrition. Homecare health is a speciality of nursing that involves providing multidimensional home care to patients of all ages. With about 70% of patients who use homecare services being 65 years and older there is opportunity to create products specifically tailored to them. 

Market Restraints

Several factors explain why Clinical Nutrition is not commonly embraced in today’s society. Clinical nutrition products are usually tailored to each consumer's dietary needs and health goals. Although this provides patients with specialized care, it is often expensive to purchase these products and it can take time to create these unique packages. The stringent regulations around clinical nutrition products is another growth restricting factor of this market. 

Competitive Landscape for Clinical Nutrition Market in Global

Key Players

• Abbott Laboratories
• B.Braun Melsungen
• Baxter International Inc
• Danone Nutricia
• Fresenius SE & CO
• Hero Nutritionals Inc
• KGAA
• Lonza Ltd
• Nestle SA
• Perrigo

Recent Developments

In April 2022, Glanbia Nutritionals launched TechVantage, a functionally optimized nutritional technology platform, to help provide patients with nutrient solutions.

In July 2020, Danone announced that it would invest $108 million in the expansion of its specialized nutrition products in China. 

Mergers and Acquisitions

In August 2020, Nestle Health Sciences, a division of Nestle SA, announced that it had reached a biding contract to acquire IM HealthScience, which is a company that produces medical nutrition products. 

Healthcare Policies and Regulatory Landscape for Clinical Nutrition Market in Global

Clinical nutrition products are  considered dietary supplements in most regions, so they must meet the safety requirements, labeling standards and product certifications set out by the various regulatory bodies. Although laws around dietary supplements may be similar across continents, they are not  identical and this makes launching products simultaneously in different countries difficult. Labelling should include the full nutritional value and health claims about the ingredients used in these products.  Additionally all health claims made about clinical nutritional products  must be substantiated by scientific proof in order for companies to get approval to launch their products.