Sweden Enteral Feeding Formulas Market Size & Outlook
Sweden enteral feeding formulas market, 2018-2030 (US$M)
Related Markets
Sweden enteral feeding formulas market highlights
- The Sweden enteral feeding formulas market generated a revenue of USD 89.0 million in 2023 and is expected to reach USD 115.6 million by 2030.
- The Sweden market is expected to grow at a CAGR of 3.8% 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 89.0 million |
| Market revenue in 2030 | USD 115.6 million |
| Growth rate | 3.8% (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, Sweden accounted for 1.2% 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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Sweden 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 94.27% in 2023. Horizon Databook has segmented the Sweden enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the market in Sweden can be attributed to the high prevalence of premature births in the country. For instance, according to an article published in Elsevier B.V., in 2020, among 1,519,521 births, 5.6% were preterm in Sweden and Norway.
Moreover, increasing geriatric population in the region is anticipated to boost the market. The geriatric population increased from 14.5% in 1973 to 20.2% in 2022, growing at an average rate of 0.69%. Furthermore, rising prevalence of cancer and cardiovascular diseases in Sweden is projected to fuel the market growth over the forecast period.
For instance, according to industry reports, chronic ischemic heart disease was the most common cause of death in Sweden in 2021. In addition, according to GLOBOCAN 2020, 62,494 new cancer cases were reported in Sweden in 2020.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into Sweden enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden enteral feeding formulas market size, by stage, 2018-2030 (US$M)
Sweden Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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