Market Size of North America Clinical Nutrition Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 29.88 Billion |
Market Size (2029) | USD 40.35 Billion |
CAGR (2024 - 2029) | 6.19 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Medical Clinical Nutrition Market Analysis
The North America Clinical Nutrition Market size is estimated at USD 29.88 billion in 2024, and is expected to reach USD 40.35 billion by 2029, growing at a CAGR of 6.19% during the forecast period (2024-2029).
COVID-19 has significantly impacted the growth of the clinical nutrition market in North America. The increasing risks associated with COVID-19 led to more consumption of clinical nutrition. The research studies conducted to demonstrate the effectiveness of clinical nutrition are also expected to drive the growth of the market studied. For instance, the article 'The Central Role of Clinical Nutrition in COVID-19 Patients During and After Hospitalization in Intensive Care Unit' published in July 2020, suggested that proper evidence-based nutritional therapy was reported for patients with critical COVID-19 conditions and recommended to be included in life-saving therapies. Thus, COVID-19 has impacted market growth during the pandemic.
Certain factors that are propelling the market growth are the increasing prevalence of metabolic disorders, rising spending on healthcare by government and private foundations, and the rising aging population in North American countries.
The growing burden of metabolic disorders is the key factor driving the market growth. For instance, according to statistics published by the International Diabetes Federation, in the 10th edition of 2021, 2,974.0 thousand people were living with diabetes in 2021 in Canada. In addition, as per the same source, this number is projected to reach 3,288.2 thousand by 2030 and 3,468.5 thousand by 2045. Therefore, high blood sugar caused by diabetes can damage the nerves that control the heart and blood vessels, leading to a variety of cardiovascular diseases like coronary artery disease and stroke. This is expected to increase the demand for clinical nutrition to maintain their glucose level, thereby bolstering the market growth.
Additionally, obesity in the Mexican population is found to be the most prevalent heart disease risk factor which is also contributing to the growth of the studied market over the forecast period. For instance, according to 2022 statistics published by World Obesity Federation, it has been observed that 31.5% of men and 40.2% of women are living with obesity in Mexico in 2020. Thus, the growing cases of metabolic disorders among the population in the region are contributing to the market growth over the forecast period.
Furthermore, the growing geriatric population is more prone to develop metabolic disorders due to multiple age-related physiologic mechanisms which are expected to increase the demand for clinical nutrition, thereby propelling the market growth. For instance, according to the 2022 statistics published by the United Nations Population Fund, in Canada, a large proportion of the living population is aged 15-64 and accounts for 65% in 2022. In addition, as per the same source, 19% of the population is aged 65 years and above in 2022. This is expected to boost market growth over the forecast period. The geriatric population shows more vulnerability to diseases that require clinical nutrition, thereby propelling market growth over the forecast period.
However, the imprecise perception of clinical nutrition and the reduction in birth rates are some of the factors that are restraining the market growth over the forecast period.
North America Medical Clinical Nutrition Industry Segmentation
As per the scope of the report, clinical nutrition products are useful in maintaining the patient's health and enable the improvement of the body's metabolic system by providing adequate supplements, such as minerals, vitamins, and other supplements. A higher number of premature births also demand advanced clinical nutrition. The North America Clinical Nutrition Market is Segmented by Route of Administration (Oral and Enteral, Parenteral), Application (Malnutrition, Metabolic Disorders, Gastrointestinal Diseases, Neurological Diseases, Cancer, Other Indications), End-User (Pediatric and Adult), and Geography (United States, Canada, and Mexico). The report offers the value (in USD million) for the above segments.
By Route of Administration | |
Oral and Enteral | |
Parenteral |
By Application | |
Nutritional Support for Malnutrition | |
Nutritional Support for Metabolic Disorders | |
Nutritional Support for Gastrointestinal Diseases | |
Nutritional Support for Neurological Diseases | |
Nutritional Support in Cancer | |
Nutritional Support in Other Indications |
By End User | |
Pediatric | |
Adult |
Geography | |
United States | |
Canada | |
Mexico |
North America Clinical Nutrition Market Size Summary
The North America clinical nutrition market is poised for significant growth, driven by a combination of factors including the increasing prevalence of metabolic disorders, rising healthcare expenditures, and a growing aging population. The market has been notably influenced by the COVID-19 pandemic, which highlighted the critical role of clinical nutrition in patient recovery and management, thereby boosting its demand. The rising incidence of conditions such as diabetes and obesity, particularly in countries like Canada and Mexico, is further propelling the market as these conditions necessitate specialized nutritional support. Additionally, the geriatric population, which is more susceptible to metabolic disorders, is expected to contribute to the market's expansion as the demand for clinical nutrition to manage age-related health issues increases.
The market landscape is characterized by a competitive environment with the presence of both international and domestic players such as Abbott, Nestlé, and Pfizer, which are actively involved in product development and innovation. The pediatric segment is also anticipated to witness substantial growth due to the rising metabolic disorders among children and the increasing need for nutritional support in pediatric cancer patients. Furthermore, the United States is expected to lead the market growth, supported by high healthcare spending and a focus on developing new nutritional products. The market's growth trajectory is bolstered by ongoing product launches and advancements in nutritional formulations, ensuring a robust competitive scenario in the North American clinical nutrition market.
North America Clinical Nutrition Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Prevalence of Metabolic Disorders
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1.2.2 High Healthcare Spending by Government and Private Foundations
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1.2.3 Growing Aging Population in North American Countries
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1.3 Market Restraints
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1.3.1 Imprecise Perception about Clinical Nutrition
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1.3.2 Reduction in Birth Rates
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Route of Administration
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2.1.1 Oral and Enteral
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2.1.2 Parenteral
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2.2 By Application
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2.2.1 Nutritional Support for Malnutrition
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2.2.2 Nutritional Support for Metabolic Disorders
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2.2.3 Nutritional Support for Gastrointestinal Diseases
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2.2.4 Nutritional Support for Neurological Diseases
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2.2.5 Nutritional Support in Cancer
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2.2.6 Nutritional Support in Other Indications
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2.3 By End User
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2.3.1 Pediatric
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2.3.2 Adult
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2.4 Geography
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2.4.1 United States
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2.4.2 Canada
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2.4.3 Mexico
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North America Clinical Nutrition Market Size FAQs
How big is the North America Clinical Nutrition Market?
The North America Clinical Nutrition Market size is expected to reach USD 29.88 billion in 2024 and grow at a CAGR of 6.19% to reach USD 40.35 billion by 2029.
What is the current North America Clinical Nutrition Market size?
In 2024, the North America Clinical Nutrition Market size is expected to reach USD 29.88 billion.