France Enteral Feeding Formulas Market Size & Outlook
France enteral feeding formulas market, 2018-2030 (US$M)
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France enteral feeding formulas market highlights
- The France enteral feeding formulas market generated a revenue of USD 162.9 million in 2023 and is expected to reach USD 209.3 million by 2030.
- The France market is expected to grow at a CAGR of 3.6% 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 162.9 million |
| Market revenue in 2030 | USD 209.3 million |
| Growth rate | 3.6% (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, France accounted for 2.3% 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 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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France 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 96.13% in 2023. Horizon Databook has segmented the France enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Rising geriatric population and growing burden of chronic diseases are among the factors boosting the demand for enteral feeding formulas in France. According to World Bank, geriatric population in France has grown from 18% in 2012 to 20.8% in 2020. There is a significant burden of chronic diseases in France.
For instance, according to the country profile published by European Commission in 2019, 41% of people in France aged above 65 report one chronic condition, and around 22% report two chronic conditions. In addition, growing geriatric population and rising prevalence of chronic conditions are among the major factors responsible for key players entering the market.
As per data released by Danone in its 2019 annual report, Danone is the market leader in Europe in advanced medical nutrition market, and France is the third key market among the top 10 for Danone’s overall sales in 2019. Nestlé Health Sciences, Abbott, and Fresenius Kabi are among the other key market players in France.
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Horizon Databook provides a detailed overview of country-level data and insights on the France enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into France enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France enteral feeding formulas market size, by stage, 2018-2030 (US$M)
France Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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