In a recently published report, Global Baby Clinical Nutrition Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Baby Clinical Nutrition Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Baby Clinical Nutrition Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Baby Clinical Nutrition Market is continuously growing across the world over the coming years. Nutritional supplements are defined as concentrated sources of nutrients or other substances with a nutritional or physiological effect that supplement the normal diet. Growing incidence of chronic diseases, increasing geriatric population and rising cost of healthcare are the major driving factors of the market across the globe. In addition, growing disposable income and increasing birth rates of infant are also few factors which boosting the market growth of baby clinical nutrition across the globe.
Moreover, the supplements have numerous health benefits such as protection from cold and flu, strengthening the immune system, rheumatic diseases, treat of arthritis, allergies, lower cholesterol, blood pressure, cardiovascular diseases etc. at lower costs which is fueling the demand for these products. These factor also increasing demand of baby clinical nutrition among its end-user. Besides this, increasing health awareness among people and growing consumption of nutrition products as a prevention to reduce malnutrition are the factors which creating lucrative opportunities in the near future for market growth. However, false promising, lack of awareness for clinical nutrition and negative publicity of the products are the restraining factor of the market in the upcoming years.
The regional analysis of Global Baby Clinical Nutrition Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific (excluding Japan) accounted the dominant share in the global Baby Clinical Nutrition Market. The region is dominating due to the increasing birth rates along with rising prevalence of undernutrition ad malnutrition children. Europe is also estimated to grow at significant rate in the baby clinical nutrition market due to higher availability of various clinical nutrition products over the forecasted period. North America region is also expected to grow at higher CAGR over the forecast period 2018-2025 due to increasing healthcare expenditure and increasing disposable income of the individual.
The major market player included in this report are:
• Abbott
• Baxter International
• Fresenius Kabi
• Groupe Danone
• Nutricia North America
• Mead Johnson Nutrition
• Meiji
• Nestle Health Science
• B. Braun Melsungen
• Claris Lifesciences
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
ï‚§ Oral Administration
ï‚§ Enteral Administration
ï‚§ Intravenous Administration
By Application:
ï‚§ Hospital
ï‚§ Nursery Garden
ï‚§ Others
By Regions:
ï‚§ North America
o U.S.
o Canada
ï‚§ Europe
o UK
o Germany
ï‚§ Asia Pacific
o China
o India
o Japan
ï‚§ Latin America
o Brazil
o Mexico
ï‚§ Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Baby Clinical Nutrition Market in Market Study:
ï‚§ Key Consulting Companies & Advisors
ï‚§ Large, medium-sized, and small enterprises
ï‚§ Venture capitalists
ï‚§ Value-Added Resellers (VARs)
ï‚§ Third-party knowledge providers
ï‚§ Investment bankers
ï‚§ Investors
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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