How Has the Enteral Feeding Formula Market Performed In The Past And How Will It Perform In The Future?
The enteral feeding formula market size has grown steadily in recent past. It was recorded as a $6.53 billion market in 2024 and is forecasted to swell to $7.16 billion in 2025, representing a compound annual growth rate (CAGR) of 9.6%. The potent drivers for the historic growth surge were increasing geriatric populace, growing prevalence of chronic maladies, technological advancements, emergent awareness of clinical nutrition and the expansion of home healthcare services.
Looking at the future, the enteral feeding formula market is anticipated to continue experiencing rapid growth and is projected to burgeon to $10.67 billion by 2029 at a CAGR of 10.5%. The notable growth in the forecast period can be attributed to soaring incidence of malnutrition, expansion of the elderly population, gains in enteral nutrition research, rising adoption of home enteral nutrition and the influx of hospitals and long-term care facilities. The major trends propelling the forecasted growth include the development of disease-specific formulas, a demand spike for plant-based and organic formulas, a focus on immunonutrition in enteral feeding and popular adoption of blenderized tube feeding formulas.
You can get your free sample of the Global Enteral Feeding Formula Market Report
https://www.thebusinessresearchcompany.com/sample.aspx?id=7744&type=smp.
What Is Driving Growth In The Enteral Feeding Formula Market?
The burgeoning geriatric population is catalyzing the enteral feeding formula market growth. The global population of individuals aged 60 years and above is on the rise and these older individuals are most susceptible to chronic disorders and often require feeding through the enteral route. For instance, according to the World Health Organization, the global population of individuals aged 60 years is projected to increase to 1.4 billion by 2022, a rise from 1 billion in 2020. By 2030, one of every six people worldwide will be aged over 60 years. Hence, the burgeoning geriatric population is key to the growth of the enteral feeding formula market.
What are the Major Market Segments in the Enteral Feeding Formula Market?
1) By Product: Standard Formulas, Disease-Specific Formulas
2) By Stage: Adults, Pediatrics
3) By Application: Oncology, Gastroenterology, Neurology, Diabetes, Critical Care, Other Applications
4) By End User: Hospitals, Long-Term Care Facilities
You can order the comprehensive Enteral Feeding Formula Market Report for quick delivery @
https://www.thebusinessresearchcompany.com/report/enteral-feeding-formula-global-market-report.
Which Are The Leading Companies in the Enteral Feeding Formula Market Space?
Key players in the enteral feeding formula market include Abbott Laboratories, Nestlé S. A., Danone S. A., Fresenius Kabi AG, B. Braun Melsungen AG, Meiji Holdings Co. Ltd., Real Food Blends, Ajinomoto Cambrooke Inc., Otsuka Pharmaceutical Co. Ltd., Medtrition Inc., Nutri-Force Nutrition, Global Health Product Inc., VICTUS, Primus Pharmaceuticals Inc., Kate Farms, Baxter International Inc., Perrigo Nutritionals LLC, Reckitt Benckiser Group plc, Bio-Serv Inc., Nutrabalace Ltd., ProSynbiotics, Med-Diet Laboratories Inc., Precision Foods-kent corporation, SimplyThick LLC, Coram LLC, Vitaflow LLC.
What Are the Key Trends in the Enteral Feeding Formula Market?
Notable product innovations are the key trend gaining popularity in the enteral feeding formula market. Major companies are frequently innovating and launching new enteral formulas, hence providing customers with more options and driving demand for enteral feeding formulas. In September 2023, US-based health care services company, Cardinal Health, Inc., unveiled the Kangaroo OMNI Enteral Feeding Pump in the United States. This pioneering pump is designed to offer enteral feeding patients various options tailored to their specific needs throughout their enteral feeding journey.
Which Region Is Witnessing the Fastest Growth in the Enteral Feeding Formula Market?
North America was the largest region in the enteral feeding formula market in 2024, while Asia-Pacific is expected to experience the fastest growth in the forecast period. The regions evaluated in the enteral feeding formula market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is The Scope of the Enteral Feeding Formula Market Report 2025?
The Enteral Feeding Formula Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. The enteral feeding formulas are food formulations containing specific nutrients as per the need of the consumer. Patients who are in intensive care or are unable to swallow the food need certain nutrients. The enteral feeding formulations can fulfil the nutrients and nutritional requirements. Purchase the exclusive report now to unlock valuable market insights: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7744.
Contact Information:
About The Business Research Company
The Business Research Company, armed with over 15000+ reports from 27 industries covering 60+ geographies and 1,500,000 datasets, have built a reputation for offering comprehensive, data-rich research and insights.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
