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The global enteral feeding formulas market attained a value of about USD 8.14 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.1% to reach nearly USD 15.22 billion by 2032.
The market growth is being driven by the rising demand for enteral feeding formula by patients affected by chronic diseases, such as cancer, cardiovascular diseases, and diabetes, among others. Enteral feeding helps patients with oral intake problems who are unable to consume food, and thus feeding is done with the help of a tube. In addition to this, the growth in the geriatric population and age-related health disorders are significant factors positively influencing the growth of the market.
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The weakening of muscles mass and body composition leads to reduced ability to perform daily tasks, such as eating and walking, which augments the demand for enteral feeding formulas to prevent the risk of adult malnutrition, thereby invigorating the market growth. Furthermore, the market is further being led by the rise in a number of preterm births, which invigorates the demand for enteral feeding to meet nutritional requirements in newborn babies.
Enteral feeding is a process in which food is consumed through a tube that reaches directly to the stomach or small intestine of the patient. It is usually given to patients having difficulty in consuming food from the mouth.
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Based on product, the market can be divided into:
On the basis of flow type, the market can broadly be segmented into:
The market, based on stage, can be categorised into:
By indication, the market is segmented into:
Based on end user, the market can be divided into:
The hospitals segment can further be classified into cardiology, neurology, critical care (ICU), and oncology, among others.
The EMR report looks into the regional markets of enteral feeding formulas like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The growth in the global market for enteral feeding formulas can be ascribed to the expansion in product portfolios by leading market players. The leading pharmaceutical and nutraceutical companies are robustly spending on the research and development (R&D), owing to which the innovations in products is propelling the growth of the market. The introduction of products like ready-to-drink (RTD), ready-to-use nutritional supplements, and improvements in tube quality are some of the factors adding to the growth of the market.
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However, the lack of awareness regarding enteral feeding formulas and the corresponding low rates of prescription, recommendation, and adoption of the product is hampering the growth of the market. Nonetheless, the rising number of home health agencies and nursing care institutes, which offer post-op medical care are expected to positively influence the growth of the market in the coming years.
The report presents a detailed analysis of the following key players in the global enteral feeding formulas market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Flow Type |
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Breakup by Stage |
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Breakup by Indication |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Enteral Feeding Formulas Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global enteral feeding formulas market attained a value of nearly USD 8.14 billion.
The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 15.22 billion by 2032.
The market is being driven by surging demand for enteral feeding formulas by patients affected from chronic diseases like cancer, cardiovascular disorders, and kidney diseases, among others.
Robust research and development and the corresponding development of new products to cater the increasing demand for enteral feeding formulas are pushing the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products of enteral feeding formulas are standard formula and disease specific formulas.
The various flow types of enteral feeding formulas are intermittent feeding flow and continuous feeding flow.
The several stages of enteral feeding formulas are adults and paediatrics.
The major indications of enteral feeding formulas are Alzheimer’s, nutrition deficiency, cancer care, diabetes, chronic kidney diseases, orphan diseases, dysphagia, pain management, and malabsorption/GI disorder, and diarrhoea, among others.
The significant end users of enteral feeding formulas are hospitals and home care.
The major players in the industry are Danone S.A., Nestlé S.A., Abbott Nutrition, Mead Johnson & Company, LLC, and Fresenius Kabi AG, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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