Clinical Nutrition Market New Developments and Strategies 2030 The global clinical nutrition market is poised for remarkable growth, with market revenue projected to witness a robust expansion at a Compound Annual Growth Rate (CAGR) of 8% during the period from 2023 to 2030. According to recent forecasts, this thriving market, valued at approximately US$35 billion in 2022, is expected to double its size, reaching well over US$70 billion by the year 2030.
Key Drivers of Clinical Nutrition Market Growth: •
Advancements in Clinical Nutrition Science: The market is being driven by significant progress in clinical nutrition science. Innovations in nutritional genomics and personalized medicine have enabled the customization of clinical nutrition protocols to each patient's unique genetic profile and dietary requirements. Personalized nutrition is enhancing the effectiveness of clinical nutrition interventions.
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Rising Incidence of Malnutrition: The increasing prevalence of malnutrition, often affecting hospitalized individuals due to illness, surgery, or dietary challenges, is another major growth driver. Clinical nutrition plays a crucial role in meeting the nutritional needs of patients and aiding in their recovery.
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Lack of Awareness: Despite the potential benefits of clinical nutrition, there remains a lack of awareness among consumers and healthcare professionals. Improved education and training are essential to promote the proper use of therapeutic nutrition products.
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Oral Clinical Nutrition Products: In 2022, the oral category dominated the market. Nutritional bars, offering concentrated calories, protein, and nutrients, were particularly popular for on-the-go nutrition and among athletes and those with higher calorie requirements.