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|Title||Medical Nutrition Market is Expected to Reach USD 64.50 Billion by 2027|
|Category||Business --> USA|
|Meta Keywords||Medical Nutrition Market|
The Global Medical Nutrition Market was valued at USD 37.35 billion in the base year 2020, and is projected to reach USD 64.50 billion by 2027, with a CAGR of 8.1% during the forecast period (2017-2027).
The major factor attributing to the growth in global medical nutrition market is the rising incidences of metabolic and chronic diseases among individuals across the globe. Mounting cases of chronic diseases such as diabetes and cancer, along with, increasing obese population due to unhealthy eating habits and physical inactivity is reducing the nutrition level present in the body. Medical nutrition products aids in improving metabolism, digestion, absorption and discharge functions by providing several nutrients such as vitamins, proteins and minerals.
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In addition, the increase in the number of people preferring to diagnose metabolic disorders has also immensely created the demand for medical nutrition, thereby driving the global medical nutrition market growth. Owing to the benefits associated with medical nutrition products, many doctors and organizations strongly recommend the use of these products to meet the nutrition gaps in the individuals. For instance, the latest guidelines of European Society for Clinical Nutrition and Metabolism (ESPEN) published in 2019, has recommended the use of medical nutrition products to treat malnutrition in people.
Global Medical Nutrition Market by Region Outlook (Revenue, USD Billion, 2017-2027)
The Global Medical Nutrition Market Segmentation:
Global Medical Nutrition Market Type Outlook (Revenue, USD Billion, 2017-2027)
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Global Medical Nutrition Market Product Type Outlook (Revenue, USD Billion, 2017-2027)
Global Medical Nutrition Market Taste Outlook (Revenue, USD Billion, 2017-2027)
Global Medical Nutrition Market Route of Administration Outlook (Revenue, USD Billion, 2017-2027)
Global Medical Nutrition Market Application Outlook (Revenue, USD Billion, 2017-2027)
Global Medical Nutrition Market End-User Outlook (Revenue, USD Billion, 2017-2027)
Global Medical Nutrition Market Distribution Channel Outlook (Revenue, USD Billion, 2017-2027)
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Company Profiles and Competitive Intelligence
The key players operating in the medical nutrition market are:
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