Enteral Nutrition Market Analysis, Trends, and Scope 2023 to 2030
Enteral Nutrition Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 8.28 Billion |
Market Size by 2030 | US$ 13.2 Billion |
Global CAGR (2022 - 2030) | 6.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the enteral nutrition market. A few recent key market developments are listed below:
- In January 2023, Nutricia launched Fortimel PlantBased Energy, its first plant-based, ready-to-drink oral nutritional supplement. The product is specifically formulated to fulfill the nutritional needs of malnourished populations or people at risk of malnutrition due to certain illness. Following the launch of Fortimel, the company plans to build on Danone's (parent company) expertise in plant nutrition to expand its Fortimel portfolio. The new product is available in the Netherlands, Denmark, Norway, Spain, Finland, and the Czech Republic.
- In June 2022, Nestlé Health Science acquired The Better Health Company (TBHC), the parent company of GO Healthy and Egmont, from CDH Investments and TBHC founding shareholders. Through this transaction, Nestlé Health Science would acquire TBHC in its entirety. This includes GO Healthy, a leading supplement brand of New Zealand; New Zealand Health Manufacturing, an Auckland-based manufacturing facility for vitamins, minerals, and supplements; and the Manuka honey brand, Egmont.
- In May 2022, Nestlé Health Science acquired Puravida, a premium Brazilian nutrition and health lifestyle brand. With this acquisition, NHSc intends to expand its consumer health portfolio in Brazil. Puravida's mix of products complements Nestlé Health Science’s portfolio, which offers oral nutritional supplements, protein powders, and ready-to-drink nutritional beverages in Brazil.
- In November 2021, Abbott Launched Similac 360 Total Care to support the immune system, digestive health, and brain development in babies. Similac 360 Total Care is the first and only infant formula in the US with a blend of five different HMOs, which are only found together in breast milk.