UAE Enteral Feeding Formulas Market Size & Outlook
UAE enteral feeding formulas market, 2018-2030 (US$M)
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UAE enteral feeding formulas market highlights
- The UAE enteral feeding formulas market generated a revenue of USD 31.1 million in 2023 and is expected to reach USD 41.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.3% 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 31.1 million |
| Market revenue in 2030 | USD 41.8 million |
| Growth rate | 4.3% (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, UAE accounted for 0.4% 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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UAE 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 88.1% in 2023. Horizon Databook has segmented the UAE enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE enteral feeding formulas market is expected to grow at the highest CAGR during the forecast period due to high prevalence of diabetes, leading to high demand for enteral feeding formulas in this country. For instance, according to International Diabetes Federation, around 990.0 thousand people were suffering from diabetes in UAE in 2021 and the number is expected to reach 1,325.8 thousand by 2045.
Moreover, increase in the geriatric population in this country is expected to boost the enteral feeding formulas market in the UAE. According to Elderly Home Based Primary Care (EHBPC), the elderly population in the UAE is expected to increase by more than 23.6% (four-fold) by 2025 compared to above 5.1% in the year 2000.
Furthermore, growing prevalence of chronic diseases, such as cancer and neurological diseases, is expected to positively influence the market during the projected timeframe. For instance, in 2020, in the UAE, 4,732 individuals were diagnosed with cancer and the number is estimated to reach 9,164 by 2030.
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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 UAE enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into UAE enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE enteral feeding formulas market size, by stage, 2018-2030 (US$M)
UAE Enteral Feeding Formulas Market Outlook Share, 2023 & 2030 (US$M)
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