Denmark Enteral Feeding Formulas Market Size & Outlook
Denmark enteral feeding formulas market, 2018-2030 (US$M)
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Denmark enteral feeding formulas market highlights
- The Denmark enteral feeding formulas market generated a revenue of USD 36.6 million in 2023 and is expected to reach USD 45.9 million by 2030.
- The Denmark market is expected to grow at a CAGR of 3.3% 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 36.6 million |
| Market revenue in 2030 | USD 45.9 million |
| Growth rate | 3.3% (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, Denmark accounted for 0.5% 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 Europe, Germany enteral feeding formulas market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 240.1 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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Denmark 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 94.26% in 2023. Horizon Databook has segmented the Denmark enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the market in Denmark can be attributed to various strategic initiatives by the government to boost the healthcare system in the country and increasing geriatric population in Denmark. The geriatric population increased from 12.9% in 1973 to 20.5% in 2020, growing at an average rate of 0.95%.
Moreover, growing incidence of chronic diseases such as cancer and neurological diseases is anticipated to create opportunities in enteral feeding formulas market during the forecast period. For instance, in 2020, the estimated number of new cancer cases, excluding nonmelanoma skin cancer, was 39,996.
By 2030, 45,029 new cancer cases are expected to be reported in Denmark. Thus, increasing prevalence of cancer in Denmark is expected to boost the adoption of enteral feeding formulas during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Denmark enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Denmark Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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