Lucintel Forecasts Enteral Feeding Formula Market To Reach $9.2 Billion By 2028

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According to the recent study the enteral feeding formula market is projected to reach an estimated $9.2 billion by 2028 from $6.5 billion in 2023, at a CAGR of 7% from 2023 to 2028. Growth in this market is primarily driven by increasing aging population, growing cases of chronic diseases, such as diabetes, cancer, gastrointestinal diseases, and neurological disorders, and rising awareness of the enteral nutrition benefits.
A more than 150–page report is developed to understand trends, opportunities and forecast in enteral feeding formula market by product (standard formula, disease specific, diabetic formulas, renal formulas, hepatic formula, pulmonary formulas, and other formulas), stage (adults and pediatric), application (oncology, gastrointestinal diseases, and other applications), end use industry (hospitals, long term care facilities, nursing homes, assisted living facilities, and home care agencies & hospices), and region.
Download sample report by clicking on below link
https://www.lucintel.com/enteral-feeding-formula-market.aspx

“Pediatric market is expected to remain the largest ...
... segment during the forecast period.”
Based on stage, the enteral feeding formula market is segmented into adults and pediatric. Lucintel forecasts that the pediatric market is expected to remain the largest segment due to increasing preterm birth rate along with rising chronic condition in the pediatric patients.
“Within the enteral feeding formula market, the gastrointestinal diseases segment is expected to remain the largest application.”
Based on application the gastrointestinal diseases segment is expected to witness the highest growth over the forecast period due to increasing cases of gastrointestinal diseases and disorders among population.
“North America will dominate the enteral feeding formula market in near future.”
North America is expected to remain the largest region over the forecast period due to rising incidence of chronic diseases in the region and increasing inclination of population towards enteral nutrition.
Download Brochure of this report by clicking on https://www.lucintel.com/enteral-feeding-formula-market.aspx
Major players of enteral feeding formula market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Abbott, Nestlé S.A, Danone, Fresenius Kabi, and B. Braun Melsungen AG are among the major enteral feeding formula providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/enteral-feeding-formula-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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