Published Date : Jul 04, 2018
ALBANY, New York, July 4, 2018: A new market research study has been recently added by MarketResearchReports.biz to its vast collection of research reports. The study, titled “Medical Nutrition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” offers a detailed overview of the market. The growth prospects, opportunities, and the currents trends of the market have been discussed thoroughly in the scope of the research study. In addition, the key segmentation, regional outlook, and the challenges in the market have been provided to offer a clear understanding to readers. Furthermore, a list of the leading players operating in the medical nutrition market has been mentioned in the competitive landscape section of the research study.
The market for medical nutrition is expected to grow at a steady pace across the globe in the next few years. The rising incidences of diseases that require extra nutrients and the growing awareness among people regarding the benefits of medicated beverages and foods are some of the key factors that are projected to encourage the growth of the global medical nutrition market in the next few years. In addition, the changing lifestyle of consumers such as consumption of alcohol, habitual smoking, high consumption of fast food, and extended work hours have resulted into lack of inadequate nutrients are some of the other factors that are likely to accelerate the growth of the global medical nutrition market throughout the forecast period.
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The global medical nutrition market has been divided on the basis of geography into the Middle East and Africa, North America, Latin America, Europe, and Asia Pacific. Among the mentioned segments, North America is anticipated to account for a large share of the global market and remain in the dominating position throughout the forecast period. The rising population and the increasing number of patients suffering from chronic diseases are the major factors estimated to accelerate the growth of this region across the forecast period. In addition, the increasing contribution and the rising awareness among people from several developing countries such as China, India, Brazil, South Africa, and Mexico is another major factor accelerating the growth of the market.
The global market for medical nutrition is expected to witness a high level of competition throughout the forecast period. The growing focus of players on development of new product is one of the major factors, estimated to encourage growth and enhance the competitive environment of the market. In addition to this, the increasing number of players and the rising number of mergers and acquisitions are projected to help the players grow significantly in the coming years. Some of the leading players operating in the medical nutrition market across the globe are B. Braun Melsungen AG, Danone, Baxter International, Inc., NeoMed, Nestle, Mead Johnson Nutrition Co., Abbott Nutrition, and Nutricia. The company profiles and product portfolio of each leading company have been discussed at length in the research study.
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