Worldwide medical nutrition market is surmise at a cagr of 9 2 % till 2023

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Worldwide Medical Nutrition Market is Surmise at a CAGR of 9.2 % till 2023 Medical Nutrition is a therapeutic composition developed to fulfil the nutritional requirement of the patient. Medical nutrition are used during diseases like cancer, diabetes, chronic obstructive pulmonary disease (COPD), gastrointestinal disorders, immune system disorders and many more. The major factors impacting the growth of this market include increasing incidences of diseases requiring additional nutrients and increased awareness among population about the benefits of medicated foods and beverages. Changing life style such as habitual smoking, alcohol, extended work hours and relying on fast-food has resulted into lack of adequate nutrients that is also one of the reasons contributing to the growth of medical nutrition industry market. However the factors that are limiting the development of the market are high price and critical reimbursement policies enforced by the governments in various countries. Get Exclusive Sample Report: https://www.marketresearchfuture.com/sample_request/1330 . Geographically, North America commands the largest market for medical nutrition market. Huge population suffering from diabetes and renal diseases has led to boost this market in North America. Europe is the second leading market for the medical nutrition followed by Asia Pacific. Asia Pacific region accounts the fastest growth for medical nutrition market. India and China are the major contributor for the market in Asia Pacific region due to rising awareness about health amounts the people and huge population base. Middle East and Africa accounts the least market for the medical nutrition. Previously medical nutrition products were limited to addressing issues related to malnutrition however, developments in the healthcare industry have resulted in a high demand for medical nutrition products worldwide. These products are being used to treat several diseases, including renal failure, diabetes, cancer, obesity, sarcopenia, and pediatric malnutrition. Regional analysis On regional basis, North America accounts the largest market for medical nutrition which is followed by Europe. Huge population pool that is suffering from chronic diseases and relatively more number of health conscious population in North America and Europe are the major reason for the growth of this market. Asia Pacific is the fastest growing segment due to rapid development in healthcare sector and increasing population. U.S. medical nutrition market size in 2015 was valued over USD 8 billion and is anticipated to witness more than 6% CAGR over the forecast years. Advanced healthcare infrastructure, rising geriatric population, surging chronic disease burden and favorable reimbursement scenario will drive business growth. In 2015 China market was valued more than USD 6 billion and is expected to witness over 9% growth. In India, Indian is expected to witness over 9% CAGR driving the regional industry growth. Germany held around 18% of regional revenue share witnessing a considerable growth. For More Information: https://www.marketresearchfuture.com/reports/medical-nutritionindustry-market-1330 . Key players for world medical nutrition market

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Abbott Nutrition (US). AYMES Nutrition International Ltd. (UK). NeoMed (US), Baxter International (US). Danone (France). Braun Melsungen AG (Germany). Mead Johnson & Company, LLC. (US). Nestlé Health Science (Switzerland).


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