Global Oral Clinical Nutritional Supplement Market Insights, Growth, Share, Size: By Product Type, By Indication, By Flavor, By Form, By Demography, By Distribution Channel, By Region & Segmental Forecast, 2023-2031, Comparative Analysis and Trends
- Industry: Food & Beverages
- Report ID: TNR-110-1048
- Number of Pages: 420
- Table/Charts : Yes
- December, 2023
- Base Year : 2024
- No. of Companies : 13+
- No. of Countries : 29
- Views : 10209
- Covid Impact Covered: Yes
- War Impact Covered: Yes
- Formats : PDF, Excel, PPT
Global Oral Clinical Nutritional Supplement Market was Valued USD 10.6 Bn in 2022, with an Estimated CAGR of 6% (2023- 2031)
The oral clinical nutritional supplements market has witnessed substantial growth and evolution in recent years, driven by a myriad of factors reshaping the healthcare and wellness landscape. With a growing emphasis on preventive healthcare, a rise in chronic health conditions, and an aging population, the demand for these supplements has surged globally. Their role extends beyond general well-being, catering to specialized health needs, aiding in post-operative recovery, managing chronic diseases, and supporting age-related nutritional requirements. The market’s growth is fueled by technological advancements, targeted formulations, increased health awareness, and the endorsement of healthcare professionals, positioning oral clinical nutritional supplements at the forefront of the global health and wellness industry.
Global Oral Clinical Nutritional Supplement Market Revenue & Forecast, (US$ Million), 2015 – 2031
Impact of Covid-19 on Global Oral Clinical Nutritional Supplement Market
During the COVID-19 pandemic, oral clinical nutritional supplements played a significant role in supporting individuals’ overall health and immune function, particularly for those affected by the virus or at risk of infection. These supplements gained attention for their potential to bolster immune responses and aid in recovery due to their ability to provide essential nutrients vital for optimal immune function. Besides for individuals recovering from COVID-19 or experiencing post-viral weakness, oral clinical nutritional supplements were recommended to support recovery and aid in regaining strength which led to the growth of the overall global oral clinical nutritional supplement market.
Report Coverage and Deliverables:
Based on the product type segment, specialized formula oral clinical nutritional supplement is anticipated to be the fastest growing segment during the forecast period. The growth of specialized formula oral clinical nutritional supplements is driven by their ability to meet specific health needs, their clinical efficacy, recommendations from healthcare professionals, and consumer demand for targeted nutritional support to manage various health conditions or achieve specific health objectives.
In 2022, liquid form oral clinical nutritional supplements had the highest share in the market. Due to their ease of consumption, pleasant taste, and flexibility in formulation and administration, liquid oral clinical nutritional supplements have become a popular choice. Liquid formulations often have pleasant flavors and textures, making them more palatable compared to other forms. This can be especially important for individuals who may have taste sensitivities or aversions to solid or pill forms.
Asia Pacific region is anticipated to be the fastest growing region in the oral clinical nutritional supplement market during the forecast period. Rapid urbanization and changing lifestyles have resulted in dietary changes and increased consumption of processed or convenience foods that may lack adequate nutrients. Consequently, there’s a greater need for nutritional supplementation to bridge dietary gaps and address nutrient deficiencies.
Competitive Landscape
The competitive landscape of the global oral clinical nutritional supplement market is characterized by continuous innovation, research and development efforts to create specialized formulations, strategic alliances with healthcare professionals, and marketing initiatives aimed at expanding consumer awareness and access to nutritional supplements. The Niche Research provides a report with an in-depth analysis of established companies, emerging startups, and multinational corporations and their product innovation, brand recognition, distribution networks, and strategic partnerships.
Leading players operating in the global oral clinical nutritional supplement market are:
- Abbott
- Amway
- Baxter
- Bayer AG
- Cargill, Incorporated.
- Danone Nutricia
- Lactalis Nutrition Santé
- Mead Johnson & Company, LLC. (Acquired by Reckitt Benckiser)
- Medifood GmbH
- Meiji Holdings Co., Ltd.
- Nestlé Health Science
- Nualtra
- Otsuka Pharmaceutical Factory, Inc
- Yakult Honsha Co.,Ltd.
- Other market participants
Global Oral Clinical Nutritional Supplement Market Report Coverage
Report Specifications | Details |
Market Revenue in 2022 | US$ 10.6 Billion |
Market Size Forecast by 2031 | US$ 17.3 Billion |
Growth Rate (CAGR) | 6% |
Historic Data | 2015 – 2021 |
Base Year for Estimation | 2022 |
Forecast Period | 2023 – 2031 |
Report Inclusions | Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking |
Segments Covered | By Product Type, By Indication, By Flavour, By Form, By Demography, By Distribution Channel |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Countries Covered | U.S., Canada, Mexico, Rest of North America, France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa, Brazil, Argentina, Rest of Latin America |
Key Players | Abbott, Amway, Baxter, Bayer AG, Cargill, Incorporated., Danone Nutricia, Lactalis Nutrition Santé, Mead Johnson & Company, LLC. (Acquired by Reckitt Benckiser), Medifood GmbH, Meiji Holdings Co., Ltd. , Nestlé Health Science, Nualtra, Otsuka Pharmaceutical Factory, Inc, Yakult Honsha Co.,Ltd., Other Industry Participants |
Customization Scope | Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments. |
Pricing & Procurement Options | Explore purchase options tailored to your specific research requirements |
Contact Details | Consult With Our Expert
Japan (Toll-Free): – +81 663-386-8111 South Korea (Toll-Free): – +82-808- 703-126 Saudi Arabia (Toll-Free): – +966 800 850 1643 United States: +1 302-232-5106 United Kingdom: +447537105080 E-mail: askanexpert@thenicheresearch.com
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Global Oral Clinical Nutritional Supplement Market
By Product Type
- Standard Formula
- Specialized Formula
By Indication
- Malnutrition
- Chronic Diseases
- Surgery or Trauma Recovery
- Weight Management
- Elderly Nutrition
- Pregnancy and Lactation
- Gastrointestinal Disorders
- Tube Feeding or Dysphagia
- Others
By Flavour
- Regular
- Flavoured
- Vanilla
- Chocolate
- Apple
- Strawberry
- Nut Flavours
- Mixed Fruit
- Others
By Form
- Semi-solid
- Liquid
- Powder
By Demography
- Kids
- Adults
By Distribution Channel
- Prescription based
- Over the counter
- Online Pharmacies
- Retail Pharmacies
- Drug Stores
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Table of Contents
Global Oral Clinical Nutritional Supplement Market
By Product Type
By Indication
By Flavour
By Form
By Demography
By Distribution Channel
By Region
The Niche Research approach encompasses both primary and secondary research methods to provide comprehensive insights. While primary research is the cornerstone of our studies, we also incorporate secondary research sources such as company annual reports, premium industry databases, press releases, industry journals, and white papers.
Within our primary research, we actively engage with various industry stakeholders, conducting paid interviews and surveys. Our meticulous analysis extends to every market participant in major countries, allowing us to thoroughly examine their portfolios, calculate market shares, and segment revenues.
Our data collection primarily focuses on individual countries within our research scope, enabling us to estimate regional market sizes. Typically, we employ a bottom-up approach, meticulously tracking trends in different countries. We analyze growth drivers, constraints, technological innovations, and opportunities for each country, ultimately arriving at regional figures.Our process begins by examining the growth prospects of each country. Building upon these insights, we project growth and trends for the entire region. Finally, we utilize our proprietary model to refine estimations and forecasts.
Our data validation standards are integral to ensuring the reliability and accuracy of our research findings. Here’s a breakdown of our data validation processes and the stakeholders we engage with during our primary research:
- Supply Side Analysis: We initiate a supply side analysis by directly contacting market participants, through telephonic interviews and questionnaires containing both open-ended and close-ended questions. We gather information on their portfolios, segment revenues, developments, and growth strategies.
- Demand Side Analysis: To gain insights into adoption trends and consumer preferences, we reach out to target customers and users (non-vendors). This information forms a vital part of the qualitative analysis section of our reports, covering market dynamics, adoption trends, consumer behavior, spending patterns, and other related aspects.
- Consultant Insights: We tap into the expertise of our partner consultants from around the world to obtain their unique viewpoints and perspectives. Their insights contribute to a well-rounded understanding of the markets under investigation.
- In-House Validation: To ensure data accuracy and reliability, we conduct cross-validation of data points and information through our in-house team of consultants and utilize advanced data modeling tools for thorough verification.
The forecasts we provide are based on a comprehensive assessment of various factors, including:
- Market Trends and Past Performance (Last Five Years): We accurately analyze market trends and performance data from preceding five years to identify historical patterns and understand the market’s evolution.
- Historical Performance and Growth of Market Participants: We assess the historical performance and growth trajectories of key market participants. This analysis provides insights into the competitive landscape and individual company strategies.
- Market Determinants Impact Analysis (Next Eight Years): We conduct a rigorous analysis of the factors that are projected to influence the market over the next eight years. This includes assessing both internal and external determinants that can shape market dynamics.
- Drivers and Challenges for the Forecast Period:Identify the factors expected to drive market growth during the forecast period, as well as the challenges that the industry may face. This analysis aids in deriving an accurate growth rate projection.
- New Acquisitions, Collaborations, or Partnerships: We keep a close watch on any new acquisitions, collaborations, or partnerships within the industry. These developments can have a significant impact on market dynamics and competitiveness.
- Macro and Micro Factors Analysis:A thorough examination of both macro-level factors (e.g., economic trends, regulatory changes) and micro-level factors (e.g., technological advancements, consumer preferences) that may influence the market during the forecast period.
- End-User Sentiment Analysis: To understand the market from the end-user perspective, we conduct sentiment analysis. This involves assessing the sentiment, preferences, and feedback of the end-users, which can provide valuable insights into market trends.
- Perspective of Primary Participants: Insights gathered directly from primary research participants play a crucial role in shaping our forecasts. Their perspectives and experiences provide valuable qualitative data.
- Year-on-Year Growth Trend: We utilize a year-on-year growth trend based on historical market growth and expected future trends. This helps in formulating our growth projections, aligning them with the market’s historical performance.
Research process adopted by TNR involves multiple stages, including data collection, validation, quality checks, and presentation. It’s crucial that the data and information we provide add value to your existing market understanding and expertise. We have also established partnerships with business consulting, research, and survey organizations across regions and globally to collaborate on regional analysis and data validation, ensuring the highest level of accuracy and reliability in our reports.