Argentina Enteral Feeding Formulas Market Size & Outlook
Argentina enteral feeding formulas market, 2018-2030 (US$M)
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Argentina enteral feeding formulas market highlights
- The Argentina enteral feeding formulas market generated a revenue of USD 58.8 million in 2023 and is expected to reach USD 88.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, oral was the largest revenue generating product in 2023.
- Oral is the most lucrative product segment registering the fastest growth during the forecast period.
Enteral feeding formulas market data book summary
| Market revenue in 2023 | USD 58.8 million |
| Market revenue in 2030 | USD 88.3 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Oral |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
| Key market players worldwide | Abbott Laboratories, Danone SA, Fresenius SE & Co KGaA, Nestle SA, Meiji Holdings Co Ltd, Reckitt Benckiser Group PLC, Victus, Primus Pharmaceuticals |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global enteral feeding formulas market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil enteral feeding formulas market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 500.0 million by 2030.
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Enteral Feeding Formulas Market Scope
Enteral Feeding Formulas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 85.03% in 2023. Horizon Databook has segmented the Argentina enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in the number of initiatives being undertaken by various private and public organizations such as the Argentine Society of Enteral and Parenteral Nutrition (AANEP) for promoting the growth & development of enteral and parenteral nutrition across the nation is expected to boost the enteral feeding formulas market in this country.
Moreover, rising prevalence of chronic diseases such as cancer & gastrointestinal diseases and growing incidence of preterm births are some of the crucial factors fueling the market growth in Argentina.
For instance, according to WHO in 2022, 929 people in Argentina died due to malnutrition. In addition, according to World Cancer Research Fund, in 2020, 126,818 individuals were suffering from cancer, excluding non-melanoma skin cancer.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Argentina enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Argentina Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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