The global adult clinical oral nutrition market has been witnessing significant growth in recent years. The increasing prevalence of chronic diseases, rising geriatric population, and growing awareness about the benefits of oral nutritional supplements are some of the key factors driving the market growth. According to a report by ResearchAndMarkets.com, the global adult clinical nutrition market is expected to reach USD 62.46 billion by 2025, growing at a CAGR of 5.1% from 2020 to 2025.
Market Trends: One of the key trends in the global adult clinical oral nutrition market is the increasing demand for personalized nutrition. With advancements in technology, personalized nutrition has become more accessible and affordable, which has resulted in a growing demand for customized oral nutritional supplements. Manufacturers are focusing on developing innovative products to cater to the specific needs of individual consumers.
Another trend in the market is the rise in the use of oral nutritional supplements for the management of chronic diseases. Chronic diseases such as cancer, diabetes, and cardiovascular diseases often result in malnutrition and require the use of oral nutritional supplements to meet the nutritional needs of the patients.
Market Drivers: The increasing geriatric population is one of the major drivers of the global adult clinical oral nutrition market. As people age, their nutritional requirements change, and they become more susceptible to malnutrition. This has led to a growing demand for oral nutritional supplements among the elderly population.
Another driver of the market is the increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases. These diseases often result in malnutrition and require the use of oral nutritional supplements to manage the nutritional needs of the patients.
Market Challenges: One of the major challenges facing the global adult clinical oral nutrition market is the lack of awareness about the benefits of oral nutritional supplements among the general population. Many people are not aware of the nutritional deficiencies they may have and do not understand the importance of oral nutritional supplements in maintaining good health.
Another challenge is the high cost of oral nutritional supplements, which makes them inaccessible to many people. This is particularly true in developing countries where the majority of the population may not be able to afford these supplements.
Conclusion: The global adult clinical oral nutrition market is expected to witness significant growth in the coming years. The increasing prevalence of chronic diseases and the rising geriatric population are expected to drive the demand for oral nutritional supplements. However, the market is not without its challenges, and manufacturers need to focus on developing innovative products that are accessible and affordable to all segments of the population.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Market Insight Lab journalist was involved in the writing and production of this article.