Latin America Parenteral Nutrition Market Size & Outlook
Latin America parenteral nutrition market, 2018-2030 (US$M)
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Latin America parenteral nutrition market highlights
- The Latin America parenteral nutrition market generated a revenue of USD 306.1 million in 2023.
- The market is expected to grow at a CAGR of 5.3% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 306.1 million |
| Market revenue in 2030 | USD 440.9 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Oral |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
| Key market players worldwide | Baxter International Inc, Allergan, Teva Pharmaceutical Industries Ltd, Otsuka Pharmaceutical, Grifols SA Ordinary Shares - Class A, B. Braun, CSL Ltd, Fresenius SE & Co KGaA, Pfizer Inc, Sichuan Kelun Pharmaceutical |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.3% of the global parenteral nutrition market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,762.9 million by 2030.
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Parenteral Nutrition Market Scope
Parenteral Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America parenteral nutrition 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 parenteral nutrition market will help companies and investors design strategic landscapes.
Oral was the largest segment with a revenue share of 85.36% in 2023. Horizon Databook has segmented the Latin America parenteral nutrition market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare industry in this region is not well-developed; however, constant efforts are being undertaken to improve healthcare access and treatments. The rising geriatric population and increasing prevalence of chronic diseases are among the key factors driving the market.
Moreover, the incidence of malnutrition is rising in this region. For instance, a UNICEF article published in 2019 shows that around 4.8 million children under five were stunted in Latin America and the Caribbean region.
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Target buyers of Latin America parenteral nutrition market databook
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Our clientele includes a mix of parenteral nutrition market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America parenteral nutrition market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America parenteral nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America parenteral nutrition market size, by country, 2018-2030 (US$M)
Latin America Parenteral Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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