Global Enteral Feeding Formulas Market Size & Outlook
Global enteral feeding formulas market, 2018-2030 (US$M)
Related Markets
Global enteral feeding formulas market highlights
- The global enteral feeding formulas market generated a revenue of USD 7,217.7 million in 2023 and is expected to reach USD 10,518.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
- In terms of segment, oral accounted for a revenue of USD 6,534.8 million in 2023.
- Oral is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,217.7 million |
| Market revenue in 2030 | USD 10,518.8 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Oral |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
Other key industry trends
- In terms of revenue, the North America accounted for 29.1% of the global enteral feeding formulas market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 33.9 million by 2030.
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Enteral Feeding Formulas Market Scope
Enteral Feeding Formulas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global enteral feeding formulas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enteral feeding formulas market will help companies and investors design strategic landscapes.
Oral was the largest segment with a revenue share of 90.54% in 2023. Horizon Databook has segmented the Global enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Enteral Feeding Formulas Product Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Enteral
- Standard Formula
- Disease-Specific Formulas
- Parenteral
- Carbohydrates
- Parenteral Lipid Emulsion
- Single Dose Amino Acid Solution
- Trace Elements
- Vitamins & Minerals
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Horizon Databook provides a detailed overview of global-level data and insights on the Global enteral feeding formulas market , including forecasts for subscribers. This global databook contains high-level insights into Global enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global enteral feeding formulas market size, by region, 2018-2030 (US$M)
Top 10 countries: Enteral feeding formulas market size, 2023 (US$M)
Global enteral feeding formulas market share, by stage, 2023 & 2030 (%, US$M)
Enteral feeding formulas market: Opportunity assessment by country
Global enteral feeding formulas market, by region, 2023 (US$M)
| Stage | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 588.7 | 624.5 | 694.3 | 726.9 | 775.5 | 826.9 | 881.5 | 939.3 | 997.2 | 1,059.9 | 1,125.4 | 1,196.7 | 1,271.3 | 5.9% |
| Europe | 1,476.2 | 1,527.4 | 1,656.4 | 1,690.9 | 1,760.8 | 1,827.8 | 1,897.2 | 1,968.2 | 2,034.4 | 2,105.3 | 2,176.5 | 2,253.4 | 2,330.6 | 3.1% |
| North America | 1,510.0 | 1,598.6 | 1,774.2 | 1,854.1 | 1,974.3 | 2,101.4 | 2,236.4 | 2,379.0 | 2,521.4 | 2,675.4 | 2,836.1 | 3,010.6 | 3,192.8 | 5.8% |
| MEA | 365.6 | 380.0 | 414.1 | 424.8 | 439.7 | 462.6 | 485.7 | 508.6 | 529.3 | 550.4 | 570.4 | 590.5 | 609.1 | 3.7% |
| Asia Pacific | 1,408.2 | 1,497.0 | 1,668.1 | 1,750.2 | 1,871.3 | 1,999.0 | 2,135.2 | 2,279.6 | 2,424.7 | 2,582.2 | 2,747.2 | 2,926.8 | 3,115.1 | 5.8% |
| Overall | 5,348.7 | 5,627.5 | 6,207.1 | 6,446.9 | 6,821.6 | 7,217.7 | 7,636.0 | 8,074.7 | 8,507.0 | 8,973.2 | 9,455.6 | 9,978.0 | 10,518.8 | 5.5% |
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