Kuwait Enteral Feeding Formulas Market Size & Outlook
Kuwait enteral feeding formulas market, 2018-2030 (US$M)
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Kuwait enteral feeding formulas market highlights
- The Kuwait enteral feeding formulas market generated a revenue of USD 10.7 million in 2023 and is expected to reach USD 14.1 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 4.1% 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 10.7 million |
| Market revenue in 2030 | USD 14.1 million |
| Growth rate | 4.1% (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, Kuwait accounted for 0.1% 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 Middle East & Africa, South Africa enteral feeding formulas market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 89.2 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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Kuwait 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 83.18% in 2023. Horizon Databook has segmented the Kuwait enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait held a share of 3.8% in the MEA enteral feeding formulas market in 2022. The increasing geriatric population may offer new opportunities for enteral feeding formulas market in Kuwait. For instance, the population older than 65 years of age in thousands was 97,860, 99,491, and 102,520 in 2019, 2020, & 2021, respectively.
Moreover, increasing prevalence of cancer, diabetes, and neurological diseases in the region is expected to boost the application of enteral feeding formulas. For instance, in 2020, 3,824 new cancer cases were diagnosed in Kuwait and the number is estimated to reach 6,864 by 2030.
In addition, according to WHO, Kuwait was ranked at 96th position in the world for Alzheimer’s disease with a rate of 17.2% in 2020. Furthermore, 803.4 thousand people in Kuwait are reported to have diabetes in 2021 and the number is expected to reach 1,267.4 thousand by 2045.
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Our clientele includes a mix of enteral feeding formulas market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Kuwait Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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