Oral Clinical Nutritional Supplement Market - Forecast(2023 - 2028)
Oral Clinical Nutritional Supplement Market Overview
Oral Clinical Nutritional Supplement Market size is projected to reach $11.3 billion by 2026, growing at a CAGR of 6.4% during the forecast period 2021-2026. Oral Clinical Nutritional Supplements are consumed to provide both micro and macronutrients to the body. Their primary role is to prevent malnutrition in patients and thereby, reduce the risk of health complications and hospital admissions or readmissions. Oral Nutrition Support is the more commonly used malnutrition treatment owing to its simplicity and noninvasiveness. Other methods include Enteral Tube Feeding where nutrients are delivered directly to the gut via a tube and Parenteral Nutrition where nutrients are delivered intravenously in the form of sterile liquids. The high global malnutrition rates are anticipated to drive the market during the forecast period. However, the high cost of supplements is projected to be a major challenge for the Oral Clinical Nutritional Supplement industry.
Report Coverage
The report: “Oral Clinical Nutritional Supplement Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Oral Clinical Nutritional Supplement Market.
By Product Type: Specialized Formula and Standard Formula
By Dosage Type: Liquid, Semi-Solid and Powder.
By Flavor: Flavored and Unflavored.
By Distribution: Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.
By End User: Adult, Geriatric, and Pediatric.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).
Key Takeaways
- Geographically, the North American Oral Clinical Nutritional Supplement Market accounted for the highest revenue share in 2020 and it is poised to dominate the market over the period 2021-2026 owing to the high awareness levels regarding Nutritional Supplements and substantial levels of investments made by manufacturers into its marketing in the region.
- The rise in the global geriatric population is anticipated to drive the Oral Clinical Nutritional Supplements Industry during the forecast period. However, lack of availability and awareness of Oral Clinical Nutritional Supplements in underdeveloped regions acts as a challenge.
- Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Oral Clinical Nutritional Supplement Market report.
Oral Clinical Nutritional Supplements Size, By Geography, 2020 (%)
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Oral Clinical Nutritional Supplements Market Segment Analysis-By Flavor
The Oral Clinical Nutritional Supplements Market based on the Flavor Type can be further segmented into Flavored and Unflavored. The Flavored segment held the largest market share in 2020 and is also expected to register the fastest growth of 6.9% CAGR during the forecast period 2021-2026. Supplements are usually prescribed by a dietician for patients with chronic illnesses or malnutrition as it is observed that some of these patients are often hesitant to consume normal food products owing to the loss of taste. Flavored Oral Clinical Nutritional Supplements are produced in multiple innovative flavors to make it easier for such patients to consume them. Moreover, the availability of flavors has also encouraged their consumption by both the youth and the pediatric patients. For instance, in 2019, PRO-DIP launched a fruit punch flavored oral supplement in a sachet form and is designed to be used as an alternative to smokeless tobacco.
Oral Clinical Nutritional Supplements Market Segment Analysis-By End User
The Oral Clinical Nutritional Supplements Market based on the End user can be further segmented into Adult, Geriatric, and Pediatric. Of these, the pediatric segment is anticipated to account for the largest share of the market and fastest growing with a CAGR of 6.7% during the forecast period 2021-2026. The growth in the segment is owing to factors such as an increase in diseases such as malnutrition among children. According to the World Health Organization (WHO), around 45% of the deaths among children under the age of 5 are related to undernutrition. The Geriatric segment is also predicted to witness growth during the forecast period owing to the increase in their population as well as awareness of Oral Clinical Nutritional Supplement Benefits.
Oral Clinical Nutritional Supplements Market Segment Analysis-By Geography
The Oral Clinical Nutritional Supplements Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held the largest share with 31% of the overall market in 2020. The growth in this segment is owing to the factors such as the high awareness of the benefits offered by Oral Clinical Nutritional Supplements and the prevalence of chronic illnesses in the region. Moreover, the extremely high healthcare cost in North America has led to a rapid increase in demand for preventive health. The Asia Pacific region is estimated to witness the fastest growth during the forecast period. The growth is attributed to the rise in disposable income and awareness levels in the region.
Oral Clinical Nutritional Supplements Market Drivers
Global Prevalence of Covid-19 Cases is Projected to Drive Market Growth
Despite insufficient data to prove Nutritional Supplements increase the immunity levels to fight Covid-19, the fear of the pandemic has caused the rapid rise in demand for over-the-counter Oral Clinical Nutritional Supplements. Moreover, Oral Clinical Nutritional Supplements are prescribed to those with Covid-19 symptoms such as fever, diarrhea and vomiting in order to prevent loss of nutrients. With the emergence of new variants of the virus across the globe, the pandemic is predicted to drive demand during the forecast period.
Rise of the Awareness Levels in Developing Nations is Expected to Boost Product Demand
Around 13.5% of the population living in developing nations are undernourished with a majority of them being in the pediatric segment. Furthermore, the rapid economic growth and increase in disposable income along with greater awareness about Oral Clinical Nutritional Supplements are anticipated to drive growth. For instance, the Chinese per capita disposable income increased 700% from 2000 to 2020 which has enabled them to increase expenditure on healthcare and wellbeing.
Oral Clinical Nutritional Supplements Market Challenges
High Cost of Oral Clinical Nutritional Supplements is Anticipated to Hamper Market Growth
The high cost and the Oral Clinical Nutritional Supplements are predicted to restrict the growth of the market. This will have a considerable impact in the underdeveloped regions where the opportunities are high owing to the high prevalence of malnutrition. However, the market penetration in these regions will be poor owing to the high prices, leading to a reduction in demand. The rising raw material prices for supplement manufacturing is the major cause of this challenge.
Product Recall and Product Related Side-Effects are Estimated to Limit Growth
Product recall is a major challenge that the Oral Clinical Nutritional Supplements Market faces. For instance, New Foods Vitamin A products were withdrawn from the market owing to the fact that the supplement caused liver and bone toxicity and birth defects if consumed by pregnant women. Moreover, high household consumption of supplements without a prescription has led to several health complications in patients. For instance, overuse of vitamin D supplements is causing a rise in cases of Hypercalcemia. This may lead to the implementation of stringent regulations by various governments during the forecast period, causing a reduction in demand.
Oral Clinical Nutritional Supplements Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Oral Clinical Nutritional Supplements Market. Key companies of this market include:
- B Braun
- Fresenius Kabi Ltd
- Pfizer Inc
- Danone Nutricia
- Medifood International
- Medtrition Inc
- GlaxoSmithKline plc
- Perrigo Nutritionals
- Victus Inc
- Nestle Health Science
Partnerships/Product Launches
- In June 2020, Nestlé Health Science (NHS) has agreed to acquire a majority stake in Vital Proteins, the market leader in collagen in the United States and a leading lifestyle and wellness platform offering oral nutrient supplements, beverages, and food products.
- In April 2020, AYMES International introduced AYMES ActaSolve Smoothie, a vegan oral clinical nutrition supplement for dietary management and malnutrition.
Relevant Links:
Report Code: FBR 60755
Report Code: FBR 0005
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1. Oral Clinical Nutritional Supplement Market - Overview
1.1 Definitions and Scope
2. Oral Clinical Nutritional Supplement Market - Executive Summary
2.1 Market Revenue and Key Trends by Company
2.2 Key trends by Product Type
2.3 Key trends by End User
2.4 Key trends by Geography
3. Oral Clinical Nutritional Supplement Market – Comparative Analysis
3.1 Company Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Market Value Split by Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis – Average Selling Price
4. Oral Clinical Nutritional Supplement Market - Startup Companies Scenario Premium
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Oral Clinical Nutritional Supplement Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Oral Clinical Nutritional Supplement Market - Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Oral Clinical Nutritional Supplement Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Oral Clinical Nutritional Supplement Market – By Product Type (Market Size –$Million/$Billion)
8.1 Specialized Formula
8.2 Standard Formula
9. Oral Clinical Nutritional Supplement Market – By Dosage Type (Market Size –$Million/$Billion)
9.1 Liquid
9.2 Semi Solid
9.3 Powder
10. Oral Clinical Nutritional Supplement Market – By Flavor (Market Size –$Million/$Billion)
10.1 Flavored
10.2 Unflavored
11. Oral Clinical Nutritional Supplement Market – By Distribution (Market Size –$Million/$Billion)
11.1 Hospital Pharmacies
11.2 Retail Pharmacies
11.3 Online Pharmacies
12. Oral Clinical Nutritional Supplement Market – By End User (Market Size –$Million/$Billion)
12.1 Adult
12.2 Geriatric
12.3 Pediatric
13. Oral Clinical Nutritional Supplement Market - By Geography (Market Size –$Million/$Billion)
13.1 North America
13.1.1 U.S.
13.1.2 Mexico
13.1.3 Canada
13.2 Europe
13.2.1 U.K.
13.2.2 France
13.2.3 Germany
13.2.4 Italy
13.2.5 Spain
13.2.6 Russia
13.2.7 Rest of Europe
13.3 Asia Pacific
13.3.1 China
13.3.2 India
13.3.3 Japan
13.3.4 South Korea
13.3.5 Australia & New Zealand
13.3.6 Rest of Asia Pacific
13.4 South America
13.4.1 Brazil
13.4.2 Argentina
13.4.3 Rest of South America
13.5 Rest of the World
13.5.1 Middle East
13.5.2 Africa
14. Oral Clinical Nutritional Supplement Market - Entropy
15. Oral Clinical Nutritional Supplement Market – Industry/Segment Competition Landscape Premium
15.1 Market Share Analysis
15.1.1 Global Market Share – Key Companies
15.1.2 Market Share by Region – Key companies
15.1.3 Market Share by Countries – Key Companies
15.1.4 Competition Matrix
15.1.5 Best Practices for Companies
16. Oral Clinical Nutritional Supplement Market – Key Company List by Country Premium Premium
17. Oral Clinical Nutritional Supplement Market Company Analysis
17.1 Company 1
17.2 Company 2
17.3 Company 3
17.4 Company 4
17.5 Company 5
17.6 Company 6
17.7 Company 7
17.8 Company 8
17.9 Company 9
17.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 ($M)2.Global Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 ($M)
3.Global Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 ($M)
4.Global Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 ($M)
5.Global Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 ($M)
6.Global Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 ($M)
7.Global Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 (Volume/Units)
8.Global Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 (Volume/Units)
9.Global Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 (Volume/Units)
10.Global Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 (Volume/Units)
11.Global Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 (Volume/Units)
12.Global Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 (Volume/Units)
13.North America Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 ($M)
14.North America Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 ($M)
15.North America Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 ($M)
16.North America Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 ($M)
17.North America Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 ($M)
18.North America Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 ($M)
19.South America Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 ($M)
20.South America Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 ($M)
21.South America Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 ($M)
22.South America Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 ($M)
23.South America Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 ($M)
24.South America Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 ($M)
25.Europe Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 ($M)
26.Europe Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 ($M)
27.Europe Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 ($M)
28.Europe Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 ($M)
29.Europe Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 ($M)
30.Europe Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 ($M)
31.APAC Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 ($M)
32.APAC Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 ($M)
33.APAC Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 ($M)
34.APAC Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 ($M)
35.APAC Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 ($M)
36.APAC Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 ($M)
37.MENA Oral Clinical Nutrition Supplements Market Analysis By Product Type Market 2019-2024 ($M)
38.MENA Oral Clinical Nutrition Supplements Market Analysis By Indication Market 2019-2024 ($M)
39.MENA Oral Clinical Nutrition Supplements Market Analysis By Form Market 2019-2024 ($M)
40.MENA Oral Clinical Nutrition Supplements Market Analysis By End User Market 2019-2024 ($M)
41.MENA Oral Clinical Nutrition Supplements Market Analysis By Flavour Market 2019-2024 ($M)
42.MENA Oral Clinical Nutrition Supplements Market Analysis By Channel Market 2019-2024 ($M)
LIST OF FIGURES
1.US Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)2.Canada Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
3.Mexico Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
4.Brazil Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
5.Argentina Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
6.Peru Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
7.Colombia Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
8.Chile Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
9.Rest of South America Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
10.UK Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
11.Germany Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
12.France Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
13.Italy Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
14.Spain Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
15.Rest of Europe Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
16.China Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
17.India Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
18.Japan Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
19.South Korea Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
20.South Africa Oral Clinical Nutritional Supplement Sales Forecast Market Revenue, 2019-2024 ($M)
21.North America Oral Clinical Nutritional Supplement Sales Forecast By Application
22.South America Oral Clinical Nutritional Supplement Sales Forecast By Application
23.Europe Oral Clinical Nutritional Supplement Sales Forecast By Application
24.APAC Oral Clinical Nutritional Supplement Sales Forecast By Application
25.MENA Oral Clinical Nutritional Supplement Sales Forecast By Application