Clinical Nutrition Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Currently, there are 30 million people in United States with Diabetes. Furthermore, over 25% of these are not aware of their diabetic condition. Moreover, there are 84 million adults with prediabetes condition who require a healthy diet, and 90% of these are not aware of the condition according to Centre for Disease Control and Prevention (CDC). On the other hand, detailed programs like Medical Nutrition Therapy exist in public realm which can create awareness. The therapy involves a detailed program that includes education, assessment, periodic reassessment, and intervention. The program was founded by the American Diabetic Association. According to CDC, it has shown effectiveness in slowing, and preventing cases of diabetes complication. Furthermore, the cost of treating diabetes remain extremely high for patients. In 2017, CDC reported that the total costs reached $327 billion. The growing cases of diabetes, and chronic illnesses, and rising elderly population will drive greater awareness of clinical nutrition programs like MNT. The global clinical nutrition market is expected to witness major growth, thanks to rising awareness, and subsequent increase in importance of Medical nutrition therapy (MNT).
A new study published in the American Journal of Clinical Nutrition shows that prevalent condition of insomnia is caused by lack added sugars in foods. The study also showed that postmenopausal women, whose diet constituted of fiber, vegetables, and whole fruits were less likely to develop the condition. Insomnia affects over 30% adults in the US. Moreover, the condition is an increasing cause of concern for women, who are found to be at higher risk of insomnia as compared to men. On the other hand, its current treatment include cognitive behavioural therapy or medications, which often result in side-effects, and can be extremely costly. The growing awareness of clinical nutrition, or scientifically approved nutrition like vegetables, and fibres in this case can provide more opportunities for players in the clinical nutrition market.
The growth of chronic diseases like cancers, diabetes, and cardiovascular diseases will drive tremendous growth for the clinical nutrition market. The rising incidences of these chronic illnesses, and increasing awareness of scientific nutrition, and its cost-effective solutions will drive tremendous growth for the clinical nutrition market. Moreover, the aging population in the US, Europe, and major populated countries like China will also drive new opportunities for growth. The rise in influx of patients in clinics, and hospitals, and growing demand for proteins, vitamins, and other nutrients like minerals will also promise new opportunities for growth.
The global clinical nutrition market report will cover all regions of the globe including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, the growth for clinical nutrition is likely to remain highest in North America, and Europe. The growing awareness about nutrition, and increased investment in the nutrition programs by major celebrities, and growing importance of preventing healthcare will drive growth in the region. Moreover, the Middle East & Africa also promises important opportunities for growth. The growing availability of clinical nutrition programs for refugees, with programs offered by WHP, and newly signed resolutions like New York Declaration for Refugees and Migrants in 2016, have opened up new opportunities for preventing extreme malnutrition, and promote healthy growth among refuges in more than 10 countries in the region.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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