Brazil Enteral Feeding Formulas Market Size & Outlook
Brazil enteral feeding formulas market, 2018-2030 (US$M)
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Brazil enteral feeding formulas market highlights
- The Brazil enteral feeding formulas market generated a revenue of USD 308.0 million in 2023 and is expected to reach USD 500.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.2% 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 308.0 million |
| Market revenue in 2030 | USD 500.0 million |
| Growth rate | 7.2% (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, Brazil accounted for 4.3% 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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Brazil 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 83.93% in 2023. Horizon Databook has segmented the Brazil enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the largest economy in Latin America and ranks 124th as per the 2020 World Bank rankings in terms of ease of conducting business. It spends nearly 9.88% of its GDP on healthcare and is focused on improving its healthcare policies, infrastructure, and regulatory framework.
The presence of a large customer base, growing prevalence of chronic diseases, such as cancer, diabetes, gastrointestinal diseases, & neurological diseases, and increasing incidence of preterm births are some of the crucial factors propelling the market growth in Brazil.
For instance, according to a study published in BMJ, the prevalence of parkinsonism in Brazil is about 3.3% among people aged 65 & above, and several studies suggest that this number is expected to increase two-fold by 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Brazil enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Brazil Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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