Elderly Nutrition Market Growth to register a CAGR of 6.6% to Surpass US$ 31.0 Billion By 2026 | Generated Opportunities for Growth in The Global Elderly Nutrition Industry

Overview:

Elderly nutrition plays an important role in advance healthcare in geriatric segment. Adults older than 70 need more calcium and vitamin to help maintain their bone health. Elderly nutrition products consist of vitamin, protein, minerals, lipids, fibers, and other essential substance, which regulates the body functions and improves immunity.

In 2017, the global elderly nutrition market was valued at US$ 17,453.5 million, and is expected to exhibit a CAGR of 6.6 % during the forecast period (2018-2026).

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Drivers:

Increasing prevalence of chronic diseases coupled with the growing geriatric population around the world is expected to drive the global elderly nutrition market growth during the forecast period. Most people with chronic obstructive pulmonary disease (COPD) have malnutrition and need nutritional support to survive. According to the World Health Organization (WHO), around 251 million people around the world had moderate to severe COPD in 2016.

Moreover, the growth of the global elderly nutrition market is driven by the increasing prevalence of osteoporosis, sarcopenia, and neurological disorders in elder women worldwide. According to the 2017 International Osteoporosis Foundation (IOF) report, and one in five men and around one in three women over 50 are expected to experience osteoporotic fractures, worldwide.

Furthermore, extensive research and development by market players to develop novel products to address unmet needs of nutrition in elders is expected to drive the global elderly nutrition market growth during the forecast period. For example, in 2017, Nestle announced the launch ‘YIYANG Fuel for Brain’ in China. The senior milk powder is specially designed to help people aged 50 years and more.

Trends:

Market players are adopting various inorganic strategies, such as partnerships and collaborations, to strengthen their product portfolio. For example, in 2018, GlaxoSmithKline (GSK) and Pfizer planned to create a world-leading consumer healthcare business and to deliver stronger sales, cash flow and earnings growth driven by category leading Power Brands, science-based innovation and substantial cost synergies.

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Key Players

Major players involved in the global elderly nutrition market are Ranbaxy, Fresenius Kabi AG, GlaxoSmithKline, Nestlé’s, Sanofi, Pfizer, Inc., Abbott Laboratories, Danone, Allergan, Baxter International Inc., Otsuka Pharmaceuticals Co., Ltd., and Mead Johnson & Company, LLC.

Segmentation Analysis:

By Nutrition Type:

• • Minerals
  • Multi-Vitamins
  • Iron
  • Proteins
  • Fibers
  • Lipids
  • Antioxidants
  • Others

By Application:

• • Diabetes
  • Renal Failures
  • Obesity
  • Sarcopenia
  • Cancer
  • Others

By Route of Administration:

• • Oral
  • Parenteral
  • Enteral

By Distribution Channel:

• • Hospitals & Clinics
  • Retail Pharmacies
  • Convenience Store
  • Online
  • Others

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If opting for the Global version of Elderly Nutrition Market analysis is provided for major regions as follows:

North America (The US, Canada, and Mexico)

Europe (the UK, Germany, France, and Rest of Europe)

Asia Pacific (China, India, and Rest of Asia Pacific)

Latin America (Brazil and Rest of Latin America)

Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Reasons to Purchase this Report

Current and future of global Elderly Nutrition market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

Regions/countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

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The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Elderly Nutrition product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Elderly Nutrition , with price, sales, revenue and global market share of  Elderly Nutrition in 2018 and 2020.

Chapter 3, the Elderly Nutrition market trends competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Elderly Nutrition breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2016 to 2020.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2020.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2016 to 2020.

Chapter 12, Elderly Nutrition market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.

Chapter 13, 14 and 15, to describe Elderly Nutrition sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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