Enteral Feeding Formula Market Is Likely to Experience a Tremendous Growth (CAGR of 6.7%) in Near Future | Hormel Foods, LLC, Mead Johnson & Company

Enteral Feeding Formula Market

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Summary
Global enteral feeding formula market is expected to reach a CAGR of 6.7% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Major growing sectors under the market segmentation are as follows:

• In product, the standard formulas segment is dominating, the market as the standard formula is rapidly growing in the industry due to its medical application also the composition of the standard formulas are rich in the vitamins, proteins, peptides, which is mostly preferred amongst population for better health and also in the diet concern population.

• In application, the  critical care segment is dominating the market critical care segment due to  rapidly growth in the enteral feeding formula industry due to the rising number of the patients from the chronic disease, which also leading the consumption of nutritional feeding formulas more towards the patients with the ventilators.

• In type of tube feeding, the gastric tube feeding is dominating the market; the gastric tube feeding segment is rising in the forecast period due to the rising eating disorder in the various reasons leading the bypass route nutritional supplies and with the effortless and painless supply of the nutrients by the gastric route.

• In stage, the adult segment in the market is growing with the highest share and dominating the market due to the growing lifestyle concern and changing diet plans and rising awareness towards the fitness also due to the rising prevalence of chronic diseases amongst adult generation.

• In end user, hospitals are the institutes which are highly preferred by the patients for diagnosis and treatment. The technology is advanced and offers high precise results in the affordable prices which can be done in hospitals than diagnostic centers and specialty clinics.

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Key Market Players
The key market players for global enteral feeding formula market are listed below:
Abbott, Nestle, Meiji Holdings CO., LTD, B. Braun Melsungen AG, Danone Nutricia, Fresenius SE & CO. KGAA, Global Health Products, Inc., Hormel Foods, LLC, Mead Johnson & Company, LLC, Medline Industries, Inc., Medtrition, Inc., Nutritional Medicinals, LLC, Real Food Blends, Victus

Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa).

Market Definition:
Enteral nutrition is used for the delivery of nutrients in gastrointestinal tract via feeding tubes. This is inserted by the healthcare professionals and through this the nutritional requirement of the patient can be fulfilled via prescribed tube feeding by the doctors. Patients who cannot consume appropriate oral nutrition are prescribed with the tube feeding nutrients.

This enteral formula is developed among the population with diseases such as gastrointestinal (GI) disease, renal failure, hyperglycemia/diabetes, acute and chronic pulmonary disease, immunocompromised states and liver failure. Different type of formulas are developed to provide adequate nutrition to the patients such as elemental formula, standard formula and disease specific formulas with which the significant variation in the balanced nutritional values along with macro nutrients are designed to provide healthy diet to the patients.

Market Segmentation:
Global enteral feeding market is segmented into five notable segments which are product, application, type of tube feeding, stag and end user.
On the basis of product, the market is segmented into standard formulas and disease specific. Standard formulas are further sub segmented into monomeric and polymeric. Disease specific Standard formulas segment is further sub segmented into diabetic formulas, renal formulas, hepatic formulas, pulmonary formulas and others.

On the basis of application, the market is segmented into critical care, gastroenterology, oncology, neurology, diabetes and others.
On the basis of type of tube feeding, the market is segmented into gastric tube feeding, nasogastric tube feeding, gastrotomy tube feeding and duodenal or jejunal tube feeding

On the basis of stage, the market is segmented into two segments adult and pediatric.

On the basis of end-user, the market is segmented into hospitals and long term care facilities. The long term facilities are further sub-segmented into home care agencies and hospices, nursing homes and assisted living facilities.

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The global enteral feeding formula market competition by top players include –
Abbott dominated the enteral feeding formula market accounting largest market share followed by Nestle, Meiji Holdings CO., LTD and B. Braun Melsungen AG along with other players such as

TABLE OF CONTENTS
1 INTRODUCTION 28
1.1 OBJECTIVES OF THE STUDY 28
1.2 MARKET DEFINITION 28
1.3 OVERVIEW OF GLOBAL ENTERAL FEEDING FORMULA MARKET 28
1.4 CURRENCY AND PRICING 29
1.5 LIMITATION 29
1.6 MARKETS COVERED 30
2 MARKET SEGMENTATION 33
3 MARKET OVERVIEW 42
4 EXECUTIVE SUMMARY 51
5 PREMIUM INSIGHTS 55
6 GLOBAL ENTERAL FEEDING FORMULA MARKET, BY PRODUCT 58
7 GLOBAL ENTERAL FEEDING FORMULA MARKET, BY APPLICATION 64
8 GLOBAL ENTERAL FEEDING FORMULA MARKET,  BY TYPE OF TUBE FEEDING 70
9 GLOBAL ENTERAL FEEDING FORMULA MARKET, BY STAGE 76
10 GLOBAL ENTERAL FEEDING FORMULA MARKET, BY END USER 80
11 GLOBAL ENTERAL FEEDING FORMULA MARKET, BY GEOGRAPHY 85
12 GLOBAL  ENTERAL FEEDING FORMULA MARKET, COMPANY LANDSCAPE 220
13 COMPANY PROFILE 224
….Continued

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