Global Enteral Feeding Formulas Market Outlook 2018-2023

The global enteral feeding formulas market was valued at USD 4.39 billion in 2016, exhibiting a CAGR of 7.3% during the forecast period of 2018 to 2023. Rapid surge in the demand is credited to the ever-growing geriatric population and prevalence of chronic diseases. Globally, the enteral feeding products market is predicted to generate massive revenue in the near future, providing numerous opportunities for industry participants to invest in research and development of enteral feeding formulas.

Rising demand for enteral feeding formulas from rising geriatric population due weakening of digestive systems, is expected to foster the enteral feeding formulas market growth over the forecast period. It is estimated that the geriatric population will double by the end of 2050, thus manufacturers are looking towards increasing their overall production capacity in the coming years. Easy availability of enteral feeding formulas, and growing importance of homecare, daycare, and geriatric care services across the globe are projected to fuel market demand over the coming years.

In line with recent advancements, on January 2017, Nestlé Health Science S.A., which is a pioneer in the field of nutrition therapy, has launched a complete family of tube-feeding formulas for adults and children. These products consists of a different types of ingredients such as real foods, vitamins, minerals, and other nutrients. These formulas are suitable for home based diet, or as a convenient on-the-go nutritional food product. 

Growing competition is further propelling demand for enteral feeding formulas over the past few years. To this into prospective, Kate Farms, Inc., leader in a medical nutrition, has announced launch of advanced oral and tube feeding formulas, like Pediatric Peptide 1.5 and Pediatric Standard 1.2. These products offer complete or supplemental nutritional formulas, especially developed for ages one to 13 years. These products are manufactured without allergens that are typically found in conventional formulas.

Some of the leading manufacturers of enteral feeding formulas market include Abbott Laboratories Group, Nestle S.A., Danone S.A., Fresenius Kabi AG, B. Braun Melsungen AG, and Mead Johnson & Co., LLC.

The 'Global Enteral Feeding Formulas Market Outlook 2018-2023' offers detailed coverage of enteral feeding formulas industry and presents main market trends. The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading enteral feeding formulas producers to provide exhaustive coverage of the market for enteral feeding formulas. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography.

The report has been prepared based on an in-depth market analysis with inputs from key industry participants. The global enteral feeding formulas market has been segmented into five major regions, namely, North America (U.S., Canada, and others), Europe (U.K., France, Germany, Russia, and others), Asia-Pacific (China, Japan, India, Australia, and others), South America (Brazil, Argentina, and others), and Middle East & Africa (South Africa, Saudi Arabia, and others). Furthermore, the report also includes an in-depth competitive analysis of the key vendors operating in this market.

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America

Key Vendors
- Nestle S.A.
- Meiji Holdings Company, Ltd.
- B. Braun Melsungen AG
- Fresenius SE & Co. KGaA
- Medline Industries, Inc.
- Abbott Laboratories, Limited
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Key Questions Answered in This Report
- Analysis of the enteral feeding formulas market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on enteral feeding formulas including products, sales/revenues, and market position
- Market structure, market drivers and restraints.