Europe Enteral Feeding Formulas Market Size & Outlook
Europe enteral feeding formulas market, 2018-2030 (US$M)
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Europe enteral feeding formulas market highlights
- The Europe enteral feeding formulas market generated a revenue of USD 1,827.8 million in 2023.
- The market is expected to grow at a CAGR of 3.5% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,827.8 million |
| Market revenue in 2030 | USD 2,330.6 million |
| Growth rate | 3.5% (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 |
| 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, Europe region accounted for 25.3% of the global enteral feeding formulas market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,115.1 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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Europe 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 95.05% in 2023. Horizon Databook has segmented the Europe enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The enteral feeding formulas market remained unaffected by the economic downturn in European countries mainly due to the presence of sophisticated healthcare infrastructure; high awareness among patients & practitioners; growing geriatric population, especially in the Western European region; rising prevalence of preterm births; and introduction of industry-friendly regulations such as the implementation of ISO standards for small-bore connectors.
Moreover, effective reimbursement policies for enteral feeding products have supported the growth of this region. Prescription and reimbursement of enteral nutrition are covered by Volume Five of the Social Legislation Code (Social Code Book No. 5). According to this, the cost of Home Enteral Nutrition (HEN) is fully funded by national or private health insurance in high-income countries such as the UK, Spain, Germany, Italy, France, Spain, and Switzerland.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe enteral feeding formulas market , including forecasts for subscribers. This continent databook contains high-level insights into Europe enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe enteral feeding formulas market size, by country, 2018-2030 (US$M)
Europe Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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