Global Enteral Feeding Formulas Market Report and Forecast 2024-2032

Global Enteral Feeding Formulas Market Outlook

The global enteral feeding formulas market attained a value of about USD 8.14 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.1% to reach nearly USD 15.22 billion by 2032.

Rising Demand for Enteral Feeding Formulas to Drive the Growth of the Market

The market growth is being driven by the rising demand for enteral feeding formula by patients affected by chronic diseases, such as cancer, cardiovascular diseases, and diabetes, among others. Enteral feeding helps patients with oral intake problems who are unable to consume food, and thus feeding is done with the help of a tube. In addition to this, the growth in the geriatric population and age-related health disorders are significant factors positively influencing the growth of the market.

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The weakening of muscles mass and body composition leads to reduced ability to perform daily tasks, such as eating and walking, which augments the demand for enteral feeding formulas to prevent the risk of adult malnutrition, thereby invigorating the market growth. Furthermore, the market is further being led by the rise in a number of preterm births, which invigorates the demand for enteral feeding to meet nutritional requirements in newborn babies.

Enteral Feeding Formulas: Market Segmentation

Enteral feeding is a process in which food is consumed through a tube that reaches directly to the stomach or small intestine of the patient. It is usually given to patients having difficulty in consuming food from the mouth.

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Based on product, the market can be divided into:

• Standard Formula
• Disease Specific Formula

On the basis of flow type, the market can broadly be segmented into:

• Intermittent Feeding Flow
• Continuous Feeding Flow

The market, based on stage, can be categorised into:

• Adults
• Paediatrics

By indication, the market is segmented into:

• Alzheimer’s
• Nutrition Deficiency
• Cancer Care
• Diabetes
• Chronic Kidney Diseases
• Orphan Diseases
• Dysphagia 
• Pain Management
• Malabsorption/GI Disorder/Diarrhoea
• Others

Based on end user, the market can be divided into:

• Hospitals
• Home Care

The hospitals segment can further be classified into cardiology, neurology, critical care (ICU), and oncology, among others.

The EMR report looks into the regional markets of enteral feeding formulas like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Expansion in Product Portfolio to Augment the Growth of the Market

The growth in the global market for enteral feeding formulas can be ascribed to the expansion in product portfolios by leading market players. The leading pharmaceutical and nutraceutical companies are robustly spending on the research and development (R&D), owing to which the innovations in products is propelling the growth of the market. The introduction of products like ready-to-drink (RTD), ready-to-use nutritional supplements, and improvements in tube quality are some of the factors adding to the growth of the market.

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However, the lack of awareness regarding enteral feeding formulas and the corresponding low rates of prescription, recommendation, and adoption of the product is hampering the growth of the market. Nonetheless, the rising number of home health agencies and nursing care institutes, which offer post-op medical care are expected to positively influence the growth of the market in the coming years.

Key Industry Players in the Global Enteral Feeding Formulas Market

The report presents a detailed analysis of the following key players in the global enteral feeding formulas market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Danone S.A. 
• Nestlé S.A. 
• Abbott Nutrition
• Mead Johnson & Company, LLC
• Fresenius Kabi AG
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report:

Enteral Feeding Formulas Market Report Snapshots

Enteral Feeding Formulas Market Size

Enteral Feeding Formulas Market Growth

Enteral Feeding Formulas Companies