By 2033, the global oral clinical nutrition supplement market is projected to reach USD 19,613.1 million, up from USD 10,788.70 million in 2023. This represents a positive market trajectory with a forecasted CAGR of 6.2% throughout the period.
The growing focus on maintaining a strong immune system has boosted the demand for oral clinical nutrition supplements. The market is expected to expand significantly in the coming years, driven by the supplements’ effectiveness in addressing malnutrition. These products are particularly beneficial for patients with chronic illnesses or those suffering from nutritional deficiencies. Additionally, individuals who struggle to consume regular meals due to a diminished sense of taste from prolonged infections may find oral clinical nutrition supplements helpful.
To attract a broader consumer base, many manufacturers are introducing new flavors. This innovation is likely to be a key driver of growth in the oral clinical nutrition supplement market.
The oral clinical nutrition supplements market is expected to grow due to several key factors, including the rising demand for health foods, the increasing number of young people, and a growing preference for diverse oral clinical nutrition supplements among the general population.
Key Takeaways from Market Study
- The oral clinical nutrition supplement market is expected to record a CAGR of 6.2% over the forecast period.
- It is estimated that the oral clinical nutrition supplement market in North America may remain strong during the forecast period.
- The launch of oral clinical nutrition formulas in liquid form may continue aiding growth in the form segment with a CAGR of 7.2%
- Flavored oral clinical nutrition supplements are likely to hold a market share of 70%.
- It is expected that the market in the United States may demonstrate a high level of growth by 2033.
- Prescription-based channels are likely to be responsible for more than 90% of sales of oral clinical nutrition supplements.
Competitive Landscape
Leading players in the market focus on a variety of market consolidation activities, including mergers, acquisitions, supply distribution partnerships, and product launches. In order to be successful, manufacturers must expand their market footprint and offer solutions to their customers. A variety of end users can now choose from a wide range of customized solutions offered by leading manufacturers.
Some of the key players in the oral clinical nutrition supplement market are:
- NUTRICIÓN MÉDICA SL
- Meiji Holdings Co., Ltd.
- Medtrition Inc.
- Baxter International Inc.
- B. Braun Melsungen AG.
- Fresenius Kabi AG
- Mead Johnson & Company, LLC
- Otsuka Holdings Co., Ltd.
- Abbott Laboratories
- Danone Nutricia
- Victus, Inc.
- Cambrooke Therapeutics, Inc.
- GlaxoSmithKline plc
- Nestlé S.A.
- Kate Farms, Inc.
- Perrigo Company plc
- Sichuan Kelun Pharmaceutical Co., Ltd.
- AYMES International Ltd.
- Pfizer Inc.
- Medifood GmbH
- Nature’s Bounty Inc.
Recent Development
The key players are mainly focusing on strategies that may help them increase their market share and gain a competitive advantage.
For instance:
- PediaSure Harvest and Ensure Harvest products were relaunched in September 2021 with organic ingredients and plant-based protein. Nutritional supplements can be used to meet the daily nutritional needs of individuals or as a sole source of nutrition.
- Persona, a company that offers personalized vitamins, was acquired by Nestlé Health Science in August 2019. As a result of this acquisition, the company would be able to expand its personalized nutrition business.
- In Feb 2019, Matok V’Kal launched its stamina boost-up spray which contains no caffeine and only six calories
- In Apr 2019, PRO-DIP introduced its oral clinical nutritional supplement a revolutionary pouch that provides energy and nutrition in small, semi-permeable sachets.
- In Apr 2018, Abbott introduced Ensure Max which is a nutritional drink with high-quality proteins and a very low amount of sugar.
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Oral Clinical Nutrition Supplement Market Segmentation by Category
Product Type:
- Standard Formula
- Specialized Formula
Indication:
- General Well-being
- Renal Disorders
- Hepatic Disorders
- Oncology Nutrition
- Diabetes
- Dysphagia
- IBD & GI Tract Disorders
- Neurological Disorders
- Respiratory Orders
- Others
Form:
- Liquid
- Semi-solid
- Powder
End User:
- Adult
- Geriatric
- Pediatric
Flavor:
- Regular
- Flavored
- Chocolate
- Vanilla
- Strawberry
- Apple
- Mixed Berries
- Orange
- Nut Flavours
Channel:
- Prescription-based
- Over-the-Counter
- Modern Trade
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Online Pharmacies
By Region:
- North America
- Latin America
- Europe
- The Middle East and Africa
- East Asia
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