Italy Enteral Feeding Formulas Market Size & Outlook
Italy enteral feeding formulas market, 2018-2030 (US$M)
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Italy enteral feeding formulas market highlights
- The Italy enteral feeding formulas market generated a revenue of USD 183.5 million in 2023 and is expected to reach USD 240.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.9% 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 183.5 million |
| Market revenue in 2030 | USD 240.1 million |
| Growth rate | 3.9% (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, Italy accounted for 2.5% 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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Italy 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 95.31% in 2023. Horizon Databook has segmented the Italy enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The growing prevalence of neurological disorders has led to an increase in the demand for HEN in Italy, thereby positively influencing the growth of enteral feeding formulas market in this country. For instance, according to an NCBI study in 2020, the estimated prevalence of Parkinson’s disease was 193.7 cases per 100,000 population in Italy.
In addition, according to Alzheimer Europe, around 1.2 million people were living with dementia/Alzheimer’s disease in Italy in 2018. Moreover, the rise in geriatric population, which is more susceptible to various chronic diseases, is one of the factors boosting the demand for enteral feeding formulas market. For instance, according to World Bank, the percentage of geriatric population in the country increased from 21% in 2012 to 23% in 2019.
Presence of various organizations that are creating awareness about clinical nutrition is also one of the key drivers of the market. The Italian Society of Human Nutrition, the Italian Nutrition Society (SOCIETÀ ITALIANA DI NUTRIZIONE UMANA), and the Italian Society of Clinical Nutrition and Metabolism are some of the organizations in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Italy enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Italy Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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