UK Enteral Feeding Formulas Market Size & Outlook
UK enteral feeding formulas market, 2018-2030 (US$M)
Related Markets
UK enteral feeding formulas market highlights
- The UK enteral feeding formulas market generated a revenue of USD 153.4 million in 2023 and is expected to reach USD 193.9 million by 2030.
- The UK market is expected to grow at a CAGR of 3.4% 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 153.4 million |
| Market revenue in 2030 | USD 193.9 million |
| Growth rate | 3.4% (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, UK accounted for 2.1% 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 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.
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 |
|---|
UK 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 93.02% in 2023. Horizon Databook has segmented the UK enteral feeding formulas market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The UK enteral feeding formulas market is driven by the presence of a large geriatric population and consequent rise in the incidence of malnutrition in this region. For instance, according to the Office for National Statistics, in 2021, around 11 million people aged 65 and above are at risk of malnutrition in the UK.
In addition, about one-third of the elderly people admitted to hospitals are at risk of malnutrition. Moreover, growing prevalence of HEN has surged the demand for enteral feeding formulas in this country.
For instance, according to Cambridge University, in 2019, it was estimated that approximately over 23,000 adults receive community-based, long-term home enteral tube feeding in the UK. In addition, several surveys are being conducted in the UK on enteral feeding formulas, which is anticipated to further boost the adoption of formulas in the country.
Reasons to subscribe to UK 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 UK 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 UK enteral feeding formulas market , including forecasts for subscribers. This country databook contains high-level insights into UK enteral feeding formulas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK enteral feeding formulas market size, by stage, 2018-2030 (US$M)
UK 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
