Germany Enteral Feeding Formulas Market Size & Outlook
Germany enteral feeding formulas market, 2018-2030 (US$M)
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Germany enteral feeding formulas market highlights
- The Germany enteral feeding formulas market generated a revenue of USD 218.0 million in 2023 and is expected to reach USD 273.8 million by 2030.
- The Germany 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 218.0 million |
| Market revenue in 2030 | USD 273.8 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, Germany accounted for 3.0% 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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Germany 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 96.15% in 2023. Horizon Databook has segmented the Germany enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of cancer cases and growing need for radiotherapy procedures are some of the major factors boosting the demand for enteral feeding formulas in Germany. For instance, according to ESTRO-HERO (Health Economics in Radiation Oncology), the proportion of new cancer cases that would require radiotherapy is expected to increase by 15.2% from 2012 to 2025 in Germany and is expected to increase by 16% in other European countries.
In addition, rising geriatric population in the country is projected to drive the market during the forecast period. For instance, in 2021, the share of the German population aged 65 and above was 22%, which is 5.99 million people.
Moreover, rising prevalence of chronic diseases requiring enteral nutrition to fulfill nutritional requirements and growing market penetration of advanced tests enabling early-stage disease diagnosis are among the factors expected to boost the market demand for enteral feeding formulas. Furthermore, Abbott, Fresenius Kabi Deutschland GmbH, and Nutricia GmbH are some of the major players in the enteral feeding formulas market in Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Germany enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Germany Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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