Analysis - by Product Type (General and Disease Specific), Application (Gastrointestinal Disorders, Metabolic/Inborn Errors of Metabolism, Food Allergy, Renal Disease, Liver Disease, Oncology, Neurology, and Others), Age Group (Adult and Pediatric), and Distribution Channel (Hospital Pharmacies, Retail Stores, E-Commerce, and Others)
No. of Pages:
114
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Report Code:
BMIRE00029862
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Category:
Life Sciences
The North America enteral nutrition market was valued at US$ 3,206.58 million in 2022 and is expected to reach US$ 5,187.48 million by 2030; it is estimated to grow at a CAGR of 6.2% from 2022 to 2030.
Increasing Prevalence of Gastrointestinal Diseases Fuel North America Enteral Nutrition Market
Gastrointestinal diseases include Crohn's disease, bowel obstruction, ulcerative colitis, short bowel syndrome, microscopic colitis, and certain cancer types. As per the Global Burden of Disease Study 2019, ~4.9 million cases of inflammatory bowel disease (IBD) were recorded worldwide in 2019; the US (762,890) had the highest number of cases, with prevalence of 66.9 and 245.3 cases per 100,000 people, respectively. Crohn's disease is a complex, chronic disorder primarily affecting the digestive system. Moreover, short bowel syndrome (SBS) occurs in ~3 per 1 million people yearly. As per the article titled "Understanding Short Bowel Syndrome: Current Status and Future Perspectives," published in 2020, the prevalence of SBS has increased by more than twofold in the last 40 years. The prevalence of SBS was ~300 cases per 10 million in the US.
Patients with gastrointestinal diseases are at an elevated risk of nutritional deterioration as they are asked to fast before undergoing diagnostic tests. They may also face nutritional deterioration due to therapeutic dietary restriction and loss of appetite caused by anorexia or altered nutritional requirements, which can be a result of the disease itself. Thus, medical nutrition is recommended for these patients due to their inability to ingest food. Enteral routes are preferred to provide them with essential nutrients. Enteral feeding refers to the direct intake of food nutrients through the mouth or through a tube that passes the digestive tract (mouth to stomach/small intestine and then anus). This type of nutrition is preferred to provide treatment support for patients suffering from chronic ailments, such as neurological disorders, gastrointestinal diseases, and inherited metabolic diseases. Therefore, the surging prevalence of gastrointestinal diseases drives the growth of the enteral nutrition market.
North America Enteral Nutrition Market Overview
The North America enteral nutrition market is segmented into the US, Canada, and Mexico. North America accounts for a significant market share owing to the rising prevalence of chronic diseases, growing strategic developments by market players, and increasing preference for enteral nutrition contribute to the market progress in this region. Moreover, an upsurge in knowledge among individuals about the benefits of medical nutrition, such as tube feeding, in the treatment of chronic health conditions are anticipated to boost the North America enteral nutrition market growth during the forecast period.
Chronic diseases, such as cancer and heart disease, are the major causes of disability and death in the US. Per the National Center for Chronic Disease Prevention and Health Promotion, 6 in 10 people in the country have at least one chronic disease. Additionally, the American Hospital Association estimates ~133 million people have at least one chronic disease, and that number is expected to reach 170 million by 2030. Enteral tube feeding can be prescribed for treating more than 350 disease conditions in children.
North America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ Million)
North America Enteral Nutrition Market Segmentation
The North America enteral nutrition market is segmented based on product type, application, age group, distribution channel, and country.
Based on product type, the North America enteral nutrition market is bifurcated into general and disease specific. The general segment held a larger North America enteral nutrition market share in 2022.
In terms of application, the North America enteral nutrition market is segmented into gastrointestinal disorders, metabolic/inborn errors of metabolism, food allergy, renal disease, liver disease, oncology, neurology, and others. The gastrointestinal disorders segment held the largest North America enteral nutrition market share in 2022.
Based on age group, the North America enteral nutrition market is bifurcated into adult and pediatric. The adult segment held a larger North America enteral nutrition market share in 2022.
By distribution channel, the North America enteral nutrition market is segmented into hospital pharmacies, retail stores, e-commerce, and others. The hospital pharmacies segment held the largest North America enteral nutrition market share in 2022.
Based on country, the North America enteral nutrition market is categorized into the US, Canada, and Mexico. The US dominated the North America enteral nutrition market in 2022.
Abbott Laboratories, Nestle SA, Danone SA, Fresenius SE & Co KGaA, B Braun SE, Dr Schar AG, Reckitt Benckiser Group Plc, Nutritional Medicinals LLC, Kate Farms Inc, Royal FrieslandCampina NV, Arla Foods amba, Perrigo Co Plc, and Fonterra Co-Operative Group Ltd are some of the leading companies operating in the North America enteral nutrition market.
North America Enteral Nutrition Strategic Insights
Strategic insights for the North America Enteral Nutrition provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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North America Enteral Nutrition Report Scope
Report Attribute
Details
Market size in 2022
US$ 3,206.58 Million
Market Size by 2030
US$ 5,187.48 Million
Global CAGR (2022 - 2030)
6.2%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Product Type
General
Disease Specific
By Application
Gastrointestinal Disorders
Metabolic/Inborn Errors of Metabolism
Food Allergy
Renal Disease
Liver Disease
Oncology
Neurology
By Age Group
Adult
Pediatric
By Distribution Channel
Hospital Pharmacies
Retail Stores
E-Commerce
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
Abbott Laboratories
Arla Foods amba
B Braun SE
Danone SA
Dr Schar AG
Fonterra Co-Operative Group Ltd
Fresenius SE & Co KGaA
Kate Farms Inc
Nestle SA
Nutritional Medicinals LLC
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North America Enteral Nutrition Regional Insights
The geographic scope of the North America Enteral Nutrition refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Identical Market Reports with other Region/Countries
The List of Companies - North America Enteral Nutrition Market
1. Abbott Laboratories
2. Arla Foods amba
3. B Braun SE
4. Danone SA
5. Dr Schar AG
6. Fonterra Co-Operative Group Ltd
7. Fresenius SE & Co KGaA
8. Kate Farms Inc
9. Nestle SA
10. Nutritional Medicinals LLC
11. Perrigo Co Plc
12. Reckitt Benckiser Group Plc
13. Royal FrieslandCampina NV
Frequently Asked Questions
How big is the North America Enteral Nutrition Market?
The North America Enteral Nutrition Market is valued at US$ 3,206.58 Million in 2022, it is projected to reach US$ 5,187.48 Million by 2030.
What is the CAGR for North America Enteral Nutrition Market by (2022 - 2030)?
As per our report North America Enteral Nutrition Market, the market size is valued at US$ 3,206.58 Million in 2022, projecting it to reach US$ 5,187.48 Million by 2030. This translates to a CAGR of approximately 6.2% during the forecast period.
What segments are covered in this report?
The North America Enteral Nutrition Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for North America Enteral Nutrition Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Enteral Nutrition Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in North America Enteral Nutrition Market?
The North America Enteral Nutrition Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Abbott Laboratories
Arla Foods amba
B Braun SE
Danone SA
Dr Schar AG
Fonterra Co-Operative Group Ltd
Fresenius SE & Co KGaA
Kate Farms Inc
Nestle SA
Nutritional Medicinals LLC
Perrigo Co Plc
Reckitt Benckiser Group Plc
Royal FrieslandCampina NV
Who should buy this report?
The North America Enteral Nutrition Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Enteral Nutrition Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines