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The global Clinical Nutrition market was valued at USD 36.9 billion in 2013 and is expected to grow at a CAGR of 4.1% from 2014 to 2020, to reach an estimated value of USD 48.6 billion in 2020.Nutrition provides human beings with the required amount of proteins, carbohydrates, fats, water, vitamins, and minerals essential for proper cellular functioning and physiological activities and to maintain energy balance in the body. The rise in the number of victims of malnutrition receiving treatment, high birth rate, and a high number of premature births are some of the important factors driving the growth of the clinical nutrition market. Malnutrition is a widespread problem affecting the lives of millions of people globally. It is a condition that occurs due to deficiency of essential nutrients in the body. In 2010, around 40% of all hospital patients across the world were malnourished. In Europe, around one-third of all hospital patients were malnourished in 2012. Clinical nutrition is the most efficient way to treat malnutrition and avoid associated costs. Additionally, high birth rate, as well as the high number of premature births, is expected to drive the global clinical nutrition market. Countries such as India and China have the high birth rate, which is expected to boost the demand for clinical nutrition products, especially that of infant nutrition products. According to the World Bank Group, the birth rate was highest in India (around 21.0 per thousand people), followed by China (12.0 per thousand people), in Asia Pacific in 2012. The U.K. (13.0 per thousand people) and France (13.0 per thousand people) had the highest birth rate in Europe in the same year, while in the U.S.; it was 13.0 per thousand people.
Asia-Pacific was the largest market for clinical nutrition in 2013, accounting for 41.5% of the global market share, followed by Europe and North America with the market share of 24.4% and 22.6% respectively. From 2014 to 2020, the Asia Pacific clinical nutrition market is expected to grow at a CAGR 3.9%, owing to increasing demand from countries such as India and China. Increasing geriatric population is also expected to propel the growth of the Asia Pacific market. The market share of North America is expected to decrease to 21.3%, whereas that of Europe is expected to increase to 25.4% by 2020.
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The clinical nutrition market is bifurcated into product type (infant nutrition, enteral nutrition, and parenteral nutrition), type of infant nutrition (milk-based, soy-based, organic, probiotic/prebiotic, and others), and type of enteral nutrition (standard, and enteral nutrition for chronic illnesses). Infant nutrition segment holds the largest share of the overall market in 2013 at USD 21.1 billion and is expected to reach USD 27.1 billion in 2020, at a CAGR of 3.8% for the period 2014-2020.
Under the infant nutrition segment, the milk-based segment (largest segment in 2013) increased by 4.2% CAGR during 2010 – 2013 to reach USD 8.1 billion in 2013. Under regional segment, the Asia Pacific clinical nutrition market (largest market in 2013) increased by 4.8% CAGR during 2010-2013 to reach USD 15.3 billion in 2013.
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The global clinical nutrition market is highly concentrated with four players accounting for approximately 69% of the market share. Nestlé SA led the market in 2013. Others major players operating in the global clinical nutrition market are Baxter International, Inc., Abbott Laboratories, B. Braun Melsungen AG, H. J. Heinz Company, Groupe Danone, Mead Johnson Nutrition Company, Fresenius Kabi AG, Hospira, Inc. and Perrigo Company Plc.
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