According to our latest market research study on “Global Enteral Nutrition Market Forecast to 2030 – Global Analysis – by Product Type, Application, Formula Type, Age Group, and Distribution Channel,” the market is expected to grow from US$ 17,343.46 million in 2022 to US$ 25,476.86 million by 2030; it is estimated to grow at a CAGR 6.8% during 2022–2030. Factors driving the market’s growth are rise in prevalence of gastrointestinal diseases and increasing cases of malnutrition and premature births.
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Companies operating in the enteral nutrition market constantly focus on strategic developments such as collaborations, expansions, agreements, partnerships, and new product launches, which help them improve their sales, expand their geographic reach, and enhance their capacities to cater to a greater than existing customer base. A few of the noteworthy developments in the enteral nutrition market are mentioned below:
• In January 2023, Nutricia launched Fortimel PlantBased Energy, its first plant-based, ready-to-drink, oral nutritional supplement. The product is specifically formulated to fulfill the nutritional needs of malnourished people or people at risk of malnutrition due to illness. With the launch of Fortimel, the company builds on Danone’s (parent company) expertise in plant nutrition to expand its Fortimel portfolio. The new product is available in the Netherlands, Denmark, Norway, Spain, Finland, and the Czech Republic.
• In June 2022, Nestle Health Science acquired The Better Health Company (TBHC) from CDH Investments and TBHC founding shareholders. The acquisition includes the GO Healthy brand. along with its vitamin and supplement lineups; the Manuka honey brand Egmont; and New Zealand Health Manufacturing, an Auckland-based manufacturing facility for vitamins, minerals, and supplements. The acquisition helped Nestle Health Science strengthen and expand its presence in New Zealand, Australia, and other Asia Pacific countries.
• In May 2022, Nestle Health Science acquired Puravida, a premium Brazilian nutrition and healthy lifestyle brand. Puravida’s products complement Nestle’s portfolio. Vitamins, minerals, and supplements are part of a growing segment of Nestle. With this acquisition, the company can expand its range of brands in different categories and reach a broader range of consumers and patients with improved, reliable, nutritious, and high-quality products.
• In November 2021, Abbott launched Similac 360 Total Care with an exclusive blend of five human milk oligosaccharides (HMO). It is the US’ first and only infant formula with a blend of five different prebiotic HMOs (only found together in breast milk). Similac 360 Total Care is developed to provide nutrition to support whole health and development in babies, including the development of the immune system, digestive system, and brain.
• In September 2021, Abbott introduced plant-based protein and organic food ingredients—PediaSure Harvest and Ensure Harvest—for people relying on feeding tubes. Harvest products can be used as sole-source nutrition or a supplement to satisfy daily nutrition requirements.
• In October 2020, Nutricia (part of Danone) acquired Real Food Blends. The company helps contribute to the real food blend’s mission and portfolio by bringing unique and nutritious choices to children and adults dependent on feeding tubes.
Therefore, introducing products such as ready-to-drink and ready-to-use nutritional supplements, the development of innovative products targeting various health issues, and strategic moves such as expansions and acquisitions allow companies in the enteral nutrition market size to create new or improved products and new business to remain competitive in the market. Thus, such strategic growth initiatives create significant growth opportunities in the market.
A few prominent players operating in the global enteral nutrition market are Nestlé, Danone S.A., Abbott Laboratories, FrieslandCampina, Fresenius SE and Co. KGaA, B. Braun SE, Dr. Schär AG, Arla Food, Reckitt Benckiser, Perrigo Company PLC, Fonterra Co-operative Group Limited, Kate Farms, and Nutritional Medicinals, LLC among others.
Companies are launching new and innovative products and services to sustain their position in the global enteral nutrition market size. In November 2021, Abbott Launched Similac 360 Total Care to Support the Immune System, Digestive Health, and Brain Development. Similac 360 Total Care is the first and only infant formula in the U.S. with a blend of five different HMOs, previously only found together in breast milk. This formula is designed to provide nutrition to support the whole baby’s health and development, including the developing immune system, digestive system, and brain.
The report segments the global enteral nutrition market as follows:
The enteral nutrition market, by product type, is bifurcated into general and disease-specific. The enteral nutrition market, by application, is segmented into gastrointestinal disorders, metabolic/inborn errors of metabolism, food allergy, renal disease, liver disease, oncology, neurology, and others. The enteral nutrition market, by age group, is divided into adult and pediatric. The enteral nutrition market, by distribution channel, is segmented into hospital pharmacies, retail stores, e-commerce, and others. By geography, the enteral nutrition market is segmented into North America (US, Canada, and Mexico), Europe (France, Germany, UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia Pacific), Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).
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