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Enteral Feeding Formulas Market


Global Enteral Feeding Formulas Market (By Product Type, Standard Formulas, Peptide Based, Disease-specific Formulas, Blenderized, and Immune Modulating; By Age Group, Adult and Child; By Application, Neurological Disorders, Cancer, Gastrointestinal Disorders, Malnutrition, and Other Applications; By End-User, Hospital, Long term Care Facilities, and Other End-Users; By Region and Companies), 2024-2033


November 2024

Healthcare

Pages: 138

ID: IMR1304

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Enteral Feeding Formulas Market Overview

 

Global Enteral Feeding Formulas Market acquired the significant revenue of 6.9 Billion in 2023 and expected to be worth around USD 15.3 Billion by 2033 with the CAGR of 8.3% during the forecast period of 2024 to 2033. The enteral feeding formulas market includes enteral nutritional products specifically adapted for persons with problematic digestion patterns and presurgical or postsurgical patients who cannot receive nutrition through the normal digestive tract. These formulas are given centrally via the gastrointestinal system by the use of feeding tubes to deliver the necessary proteins, carbohydrates, fats, vitamins and minerals.

 

Enteral Feeding Formulas Market Overview

 

This is fuelled by factors such as growth in the levels of chronic diseases, the increasing population of the elderly, and the awareness of the need for the right nutrition that is promoted in healthcare. Moreover, improvements in formula formulations, with the appearance of products formulated for particular requirements such as renal, diabetic or paediatric formulas, are pushing the market still forward.

 

Drivers for the Enteral Feeding Formulas Market

 

Rising Prevalence of Chronic Diseases

 

The increasing prevalence of various non-cancer chronic diseases including malignancy, diabetes, and various neurological diseases certainly increases the need for the enteral feeding formulas as these diseases cause disruption in the normal feeding mechanics or can greatly reduce the patient’s ability to feed. For instance, people living with cancer may develop anorexia or dysphagia resulting from chemotherapy or radiation therapy or surgery that requires nutritional supplementation to support them so they can regain their strength and live a comfortable life. Like diabetics, who also need carefully calculated meals to stabilise elevated blood sugar levels, and most of whom cannot depend solely on regular oral sustenance, specialised enteral formulas are indispensable. Many neurological conditions that lead to strokes or other conditions like ALS or Alzheimer’s disease, make patients develop issues with swallowing; hence, consuming food and supplements.

 

Restraints for the Enteral Feeding Formulas Market

 

High Cost of Specialized Formulas

 

The high cost of advanced enteral nutrition products poses a significant barrier to access, especially for patients and healthcare providers operating within low-income settings. Many specialized enteral formulas are priced at a premium due to their tailored compositions, which often include unique nutrients designed to meet the specific needs of patients with complex medical conditions. For individuals lacking adequate insurance coverage or financial resources, affording these products can be challenging, leading to potential nutritional deficits that could hinder recovery and overall health.

 

Healthcare providers in low-income environments may also face difficulties in procuring these products, as budgets for medical supplies are often limited, which can restrict their ability to provide optimal care. Additionally, the reliance on enteral nutrition in home healthcare scenarios can place a substantial financial burden on families, further exacerbating health inequities.

 

Opportunity in the Enteral Feeding Formulas Market

 

Growth in Home Healthcare

 

The increasing trend toward home healthcare solutions presents a significant opportunity for the expansion of enteral feeding formulas in home settings. As healthcare systems shift their focus from institutional care to more patient-centered approaches, there is a growing recognition of the benefits of providing nutritional support in the comfort of patients' homes. This shift is driven by several factors, including advances in medical technology, which enable safer and more efficient administration of enteral nutrition outside clinical settings, and a heightened awareness among patients and caregivers about the importance of maintaining nutritional health. Home healthcare not only offers patients a sense of independence and comfort but also often reduces the overall cost of care, making it a viable option for many families.

 

Trends for the Enteral Feeding Formulas Market

 

Focus on Plant-Based Formulas

 

The growing trend toward plant-based and organic enteral feeding options reflects an increasing consumer awareness of health and environmental sustainability. As more individuals adopt health-conscious lifestyles, they are seeking nutritional products that align with their dietary preferences and values, including the desire for natural and organic ingredients. This shift is particularly pronounced among patients and caregivers who are increasingly informed about the benefits of plant-based diets, such as improved digestive health, reduced inflammation, and better overall wellness.

 

In response to this demand, manufacturers are innovating by developing enteral formulas that incorporate plant-based proteins, whole grains, and a variety of fruits and vegetables, ensuring that patients receive balanced nutrition without compromising their dietary principles. These formulas not only cater to individuals with specific dietary restrictions, such as lactose intolerance or allergies to animal products, but they also align with broader societal trends towards reducing meat consumption and minimizing environmental impact.

 

Segments Covered in the Report

 

By Product Type

 

o   Standard Formulas

o   Peptide Based

o   Disease-specific Formulas

o   Blenderized

o   Immune Modulating

 

By Age Group

 

o   Adult

o   Child

 

By Application

 

o   Neurological Disorders

o   Cancer

o   Gastrointestinal Disorders

o   Malnutrition

o   Other Applications

 

By End-User

 

o   Hospital

o   Long term Care Facilities

o   Other End-Users

 

Segment Analysis

 

By Product Type Analysis

 

On the basis of product type, the market is divided into standard formulas, peptide based, disease-specific formulas, blenderized, and immune modulating. Among these, standard formulas segment acquired the significant share in the market owing to its broad applicability and cost-effectiveness. Standard formulas are typically designed to provide balanced nutrition for a wide range of patients, making them suitable for individuals without highly specific nutritional needs. This versatility makes standard formulas the preferred choice for hospitals and long-term care facilities, where a one-size-fits-all solution can be both convenient and economical. Additionally, standard formulas are generally easier to store, administer, and tolerate, reducing the risk of adverse reactions and simplifying healthcare providers’ workflows.

 

By Age Group Analysis

 

On the basis of age group, the market is divided into adult and child. Among these, adult segment held the prominent share of the market due to the higher prevalence of chronic diseases and conditions that necessitate enteral nutrition. Adults are often more susceptible to health issues such as cancer, diabetes, gastrointestinal disorders, and neurological conditions that can impair their ability to consume food orally. This demographic requires reliable nutritional support to maintain their health, especially in hospital settings, long-term care facilities, and increasingly, at home.

 

By Application Analysis

 

On the basis of application, the market is divided into neurological disorders, cancer, gastrointestinal disorders, malnutrition, and other applications. Among these, neurological disorders segment held the significant share of the market due to the increasing prevalence of conditions such as stroke, traumatic brain injuries, and neurodegenerative diseases like Alzheimer's and Parkinson's. These disorders often result in difficulties with swallowing (dysphagia) or cognitive impairments that hinder the ability to consume food orally, making enteral feeding a crucial intervention for maintaining adequate nutrition.

 

Additionally, the growing awareness of the importance of nutrition in the management and rehabilitation of neurological patients has led to an increased adoption of enteral nutrition as a standard practice in healthcare settings. Enteral feeding provides a reliable and effective means to deliver essential nutrients that support brain health, enhance recovery, and improve overall outcomes for patients with neurological conditions.

 

By End-User Analysis

 

On the basis of end-user, the market is divided into hospital, long term care facilities, and other end-users. Among these, hospital segment held the most of the share of the market. Hospitals often treat patients with a variety of conditions that necessitate nutritional support, including those recovering from surgery, individuals with severe illnesses, and patients experiencing complications from chronic diseases. In such environments, timely and effective nutritional intervention is crucial for promoting recovery, preventing malnutrition, and improving patient outcomes.

 

Enteral Feeding Formulas Market By End-User

 

Regional Analysis

 

North America Dominated the Market with the Highest Revenue Share

 

North America held the most of the share of 34.1% of the market. The region boasts a well-established healthcare infrastructure, characterized by advanced medical facilities, a high prevalence of chronic diseases, and a growing aging population that requires nutritional support. The increasing incidence of conditions such as cancer, diabetes, and neurological disorders in North America drives the demand for enteral nutrition, as healthcare providers seek effective solutions to meet patients' dietary needs.

 

Moreover, there is a strong emphasis on research and development within the region, leading to innovative product offerings and specialized formulas tailored to diverse medical conditions. The presence of major market players and manufacturers in North America further enhances competition and innovation, ensuring a wide range of products is available to healthcare providers and patients.

 

Competitive Analysis

 

The competitive landscape of the enteral feeding formulas market is characterized by a mix of established multinational companies and emerging players striving for innovation and market share. Key players such as Abbott Laboratories, Nestlé Health Science, and Danone dominate the market, leveraging their extensive research and development capabilities to introduce advanced and specialized nutritional products tailored to various medical conditions. These companies invest significantly in marketing strategies and partnerships with healthcare providers to enhance their distribution networks and reach a broader customer base.

 

Recent Developments

 

   In May 2022, Abbott, a global pharmaceutical company, announced that the U.S. District Court for the Western District of Michigan has modified the recent consent decree, permitting Abbott to release limited quantities of its EleCare specialty amino acid-based formulas.

  

   In April 2022, Meiji Holdings Co. Ltd, a global nutritional supplement company, announced the launch of two baby formulas, including the Meiji Hohoemi infant formula (800g). This powdered milk product is designed to support infants' growth and development and aims to emulate breast milk, particularly after medical treatments.

 

Key Market Players in the Enteral Feeding Formulas Market

 

o   Nestle SA

o   Medtrition Inc.

o   Meiji Holdings Co. Ltd

o   Hormel Foods Corporation

o   DermaRite Industries, LLC.

o   Abbott Laboratories

o   Nutritional Medicinals

o   Fresenius SE & Co. KGaA

o   B. Braun Melsungen AG

o   Danone S.A

o   Other Key Players

 

Report Features

Description

Market Size 2023

USD 6.9 Billion

Market Size 2033

USD 15.3 Billion

Compound Annual Growth Rate (CAGR)

8.3% (2023-2033)

Base Year

2023

Market Forecast Period

2024-2033

Historical Data

2019-2022

Market Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Product Type, Age Group, Application, End-User, and Region

Geographies Covered

North America, Europe, Asia Pacific, and the Rest of the World

Countries Covered

The U.S., Canada, Germany, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil

Key Companies Profiled

Nestle SA, Medtrition Inc., Meiji Holdings Co. Ltd, Hormel Foods Corporation, DermaRite Industries, LLC., Abbott Laboratories, Nutritional Medicinals, Fresenius SE & Co. KGaA, B. Braun Melsungen AG, Danone S.A., and Other Key Players.

Key Market Opportunities

Growth in Home Healthcare

Key Market Dynamics

Rising Prevalence of Chronic Diseases

 


Frequently Asked Questions

1. Who are the key players in the Enteral Feeding Formulas Market?

Answer: Nestle SA, Medtrition Inc., Meiji Holdings Co. Ltd, Hormel Foods Corporation, DermaRite Industries, LLC., Abbott Laboratories, Nutritional Medicinals, Fresenius SE & Co. KGaA, B. Braun Melsungen AG, Danone S.A., and Other Key Players.

2. How much is the Enteral Feeding Formulas Market in 2023?

Answer: The Enteral Feeding Formulas Market size was valued at USD 6.9 Billion in 2023.

3. What would be the forecast period in the Enteral Feeding Formulas Market?

Answer: The forecast period in the Enteral Feeding Formulas Market report is 2024-2033.

4. What is the growth rate of the Enteral Feeding Formulas Market?

Answer: Enteral Feeding Formulas Market is growing at a CAGR of 8.3% during the forecast period, from 2024 to 2033.

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