[FURL=https://www.industryarc.com/Research/Global-Medical-Nutrition-Market-Research-507325]Global Medical Nutrition Market[/FURL] size is estimated to reach $76.30 Bn by 2025 and is poised to grow at a CAGR of 7.63% during the forecast period 2020-2025. The term medicinal nutrition refers to a group of medicinal food products used under the supervision of health practitioners to manage the nutrition of a condition or disease. Medicinal Nutrition products address distinct nutritional requirements and provide adequate amounts of nutrients for a specific group of patients. The market for Global Medical Nutrition is set to grow mainly owing to the increased demand for Healthy foods.Key Takeaways
Geographically, North America is poised to see extraordinary development owing to the increasing number of chronic illness and a relatively larger population of health-conscious people in the region and is set to continue during forecast period 2020-2025.
The global demand for the Global Medical Nutrition Market is owing to the rising incidences of illness across the globe among consumers around the globe.
The high cost of nutritional products and side effects of medical nutrition are estimated to restrain the market growth during the forecast period 2020-2025.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Global Medical Nutrition Market report.
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Global Medical Nutrition Market Segment Analysis - By Geography
The global Medical Nutrition Market based on Geography can be further segmented into North America, Asia-Pacific, Europe, and Rest of World. North America registered for the highest revenue in 2019 and is set to grow at highest CAGR over the forecast period 2020-2025 owing to the increasing number of chronic illness and a relatively larger population of health-conscious people in the region. However, Asia-Pacific is estimated to outpace all the regions by clocking the highest CAGR during the forecast period 2020-2025 owing to the increased health awareness among consumers resulting in the consumption of nutritional products in the region, which increases the demand for Medical Nutrition Market.
Global Medical Nutrition Market Drivers
Rise in Demand
Global Medical Nutrition Market Industry outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Medical Nutrition Market. Key companies of this market Abbott, Baxter, Danone S.A., DSM, GlaxoSmithKline Plc, Fresenius Kabi AG, Sun Pharmaceuticals Inc., Pfizer, and Sanofi.
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