Global Enteral Feeding Formulas Market is valued at USD 5.10Billion in 2018 and expected to reach USD 8.51 Billion by 2025 with the CAGR of 7.6% over the forecast period.
A recent report on Asia Enteral Feeding Formulas Market provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.
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Market Analysis of Asia Enteral Feeding Formulas –
Enteral nutrition is a form of nutrition that is delivered into the digestive system as a liquid. Drinking nutrition formulas and tube feeding are forms of enteral nutrition. Enteral feeding refers to intake of food via the gastrointestinal (GI) tract. Both intravenous and enteral nutrition are used for metabolic support. All forms of tube feeding methods, including gastronomy, nasojejunal, nasogastric, and orogastric are considered to be a part of enteral feeding methods. The growth of Enteral feeding formula market has been increased because of increase in patients affected by chronic diseases, preterm births and so on. Based on the condition of the patient, different types of formulas are being provided through different types of feeding tubes. Standard formulas provide nutrition, while semi-elemental formulas provide nutrients along with proteins and fats broken down into small pieces making it easy for digestion. Specialized formulas are to those who are allergic to certain foods and to those who are suffering with Crohn’s disease and could not digest fat and protein properly.
Asia Enteral Feeding Formulas market report is segmented on the basis of type and application. Based upon type Asia Enteral Feeding Formulas is classified into adults and pediatrics. Based upon application Asia Enteral Feeding Formulas is classified into oncology, gastroenterology, neurology, diabetes, and critical care and other.
The regions covered in this Asia Enteral Feeding Formulas market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market of Asia Enteral Feeding Formulas is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Asia Enteral Feeding Formulas Companies:
Asia Enteral Feeding Formulas market Report covers prominent players are like,
- Danone S.A.
- Hormel Foods Corporation
- Victus, Inc.
- Nestlé S.A.
- Mead Johnson Nutrition Company
- B. Braun Melsungen AG
- Abbott Laboratories
- Meiji Holdings Co., Ltd.
- Asia Health Products, Inc.
- Fresenius Kabi AG
The growth of the Asia Enteral Feeding Formulas market is driven by factors such as growing geriatric population, increase in various chronic diseases and overall increase in healthcare expenditure.
The growth of the Asia Enteral Feeding Formulas market is driven by factors such as growing geriatric population, increase in various chronic diseases and overall increase in healthcare expenditure. Enteral feeding is a growing requirement among the rising geriatric population. The number of elderly patients requiring enteral feeding has grown considerably over the recent period. According to World Health organization, in 2050, 80% of older people will be living in low- and middle-income countries. With the increase in geriatric population, the need for tube feeding has also been increasing, as they cannot be able to consume their food orally. Increase in the patients suffering with cardiovascular diseases, cancer and diabetes which are the leading death causing diseases, have driven the enteral feeding formula market. According to World Health organization (WHO), 17.9million people die each year from cardiovascular diseases, an estimated 31% of all deaths worldwide. Moreover, According to WHO, The Asia cancer burden is estimated to have risen to 18.1 million new cases and 9.6 million deaths in 2018. Increase in healthcare expenditure predicted to grow Asia Enteral Feeding Formulas market. Healthcare expenditures greatly increase, sometimes exponentially, with each additional chronic condition with greater specialist physician access, emergency department presentations and hospital admissions. The rapid growth of health expenditure has become a great concern for both households and governments. Increase in health care expenditures associated with effective health intervention increases labor supply and productivity, which ultimately increase GDP. National health expenditures are projected to grow 4.8 percent in 2019, up from 4.4 percent growth in 2018, and to reach USD3.8 trillion. However, complications associated with enteral feeding are hindering the market growth. Increasing research and development activities and also rise in number of new product launches can provide a growth opportunity for the growth of this market.
Key Benefits for Asia Enteral Feeding Formulas Market Reports –
Asia market report covers in depth historical and forecast analysis.
Asia market research report provides detail information about Market Introduction, Market Summary, Asia market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Asia market report helps to identify opportunities in market place.
Asia market report covers extensive analysis of emerging trends and competitive landscape.
Asia Enteral Feeding Formulas market Segmentation –
By Type: Adults, Pediatrics
By Applications: Oncology, Gastroenterology, Neurology, Diabetes, Critical Care, Other
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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