Saudi Arabia Enteral Feeding Formulas Market Size & Outlook
Saudi Arabia enteral feeding formulas market, 2018-2030 (US$M)
Related Markets
Saudi Arabia enteral feeding formulas market highlights
- The Saudi Arabia enteral feeding formulas market generated a revenue of USD 44.9 million in 2023 and is expected to reach USD 58.8 million by 2030.
- The Saudi Arabia 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 44.9 million |
| Market revenue in 2030 | USD 58.8 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, Saudi Arabia accounted for 0.6% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Enteral Feeding Formulas Market Scope
Enteral Feeding Formulas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 86.64% in 2023. Horizon Databook has segmented the Saudi Arabia enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The Saudi Arabia enteral feeding formulas market is expected to grow at a steady rate over the forecast period. Growing geriatric population, which is highly susceptible to chronic diseases, is one of the major factors positively influencing the market growth in this country.
For instance, as per Saudi Arabian Monetary Agency (SAMA), the proportion of the Saudi Arabian population aged 60 years and above is estimated to reach 25% by the end of 2050. Moreover, the growing incidence of preterm birth may drive the need for enteral feeding formulas in Saudi Arabia.
For instance, according to an article published by the National Institutes of Health in September 2022, the incidence of preterm birth was 8.4% in Saudi Arabia. Furthermore, rising prevalence of chronic diseases, such as cancer, diabetes, and neurological diseases, is expected to offer new opportunities for enteral feeding formulas during the forecast period.
Reasons to subscribe to Saudi Arabia enteral feeding formulas market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia enteral feeding formulas market databook
-
Our clientele includes a mix of enteral feeding formulas market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Saudi Arabia Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
