Clinical nutrition products market to reach a value of $46 billion by 2018

Press Release   •   Dec 10, 2013 10:38 GMT

The clinical nutrition products market has been forecast to reach a value of $46 billion by 2018, driven by rising nutrient requirements among the elderly and chronically ill patients.

Clinical nutrition products are extremely important for patients in intensive care units, patients suffering from chronic illnesses, patients recuperating from trauma and surgeries, or patients with high degree of malnourishment.

Recovering market conditions and rising disposable income levels are driving demand in the market.

The market is also benefiting from the rising investments in R&D for developing innovative products with improved nutritionalattributes.

Clinical nutrition is critical for patients who are unable to consume normal food, as nutritional deficiency caused by underlying disease condition enhances the risk of complications, lengthens recovery period, lowers quality of life, and increases risk of mortality.

By providing the required amounts of essential nutrients such as proteins, vitamins and minerals to patients, clinical nutrition products aid in improving metabolism, digestion, absorption, and discharge functions that are critical for normal functioning of the body.

According to a recent market report, 'Clinical Nutrition Products: A Global Strategic Business Report,' infant nutrition is the largest and fastest growing product category within the clinical nutrition products market.

Advancing maternal age and the ensuing rise in pre-term births and product innovations aimed at increasing the nutritional value and convenience of products are fuelling sales in this category.

Growth is also attributed to the rising demand for safe, high quality, nutrition products engineered to meet the nutrition requirements of growing babies.

The US represents the largest market worldwide. Technological advancements associated with administration equipment, development of newer and nutritionally richer ingredients, use of parenteral and enteral nutrition products in alternative settings such as homecare, along with improvements in safety and effectiveness of clinical nutrition procedures, are key factors driving growth in the market.

For more information on the clinical nutrition products market, see the latest research: Clinical Nutrition Products Market

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