Sellbyville, DE -- (SBWIRE) -- 12/03/2018 -- Global Clinical Nutrition Market set to exceed USD 80 billion by 2024; according to a new research report by Global Market Insights. Growing incidences of chronic diseases such as diabetes and cancer along with increasing number of premature births will drive clinical nutrition market. Rise in adoption of unhealthy diet with physical inactivity has surged number of people suffering from obesity and cardiovascular diseases, fueling industry growth.

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Infant nutrition segment dominated global clinical nutrition market in 2016 and is estimated to follow similar trend over the forecast period. Rising number of premature births and malnourished babies will drive infant nutrition market. Increasing awareness camps and programs organized by domestic governments and other organizations coupled with frequent introduction of new infant nutritional products in the market will positively impact segment growth. Milk based infant nutrition formulae is most preferred infant nutritional formulae as it's nutritional content is similar to breast milk.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Danone
- Baxter International Inc.
- Fresenius Kabi
- Hospira
- Mead Johnson Nutrition
- Nestlé
- Perrigo Company plc
- Kalila Medical (Abbott Laboratories)
- BKK B. Braun Melsungen AG

Rising incidences of enfeebling diseases along with growing geriatric population base will drive parenteral nutrition segment growth over the coming years. Increasing number patients suffering from cancer, ischemic bowel disease, Crohn's disease and short bowel syndrome requiring external supply of nutrients and other trace elements will positively impact segment growth. Moreover, favorable reimbursement policies and growth of home healthcare will propel business growth.

Adult segment is anticipated to witness considerable growth during the forecast period. Increasing patient population suffering from chronic conditions along with rising number of baby boomers suffering from food ingestion problems will fuel growth of adult segment. Unhealthy dietary habits such as growing consumption of junk food lead to scarcity of essential nutrients will stimulate demand for adult clinical nutritional products over the forecast timeframe.

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U.S. dominated North America market in 2016 due to high adoption of sedentary lifestyle and unhealthy dietary habits leading to considerable number of people suffering from chronic conditions such as obesity and diabetes. Growth of home healthcare segment as well as increasing awareness about clinical nutrition formulae will drive U.S. market over the forecast timeframe.

Clinical Nutrition Market by Product
o Infant Nutrition
o Milk based
o Soy based
o Organic formulas
o Others
o Enteral Nutrition
o Standard composition
o Disease specific composition
o Parenteral Nutrition
o Amino Acids
o Fats
o Carbohydrates