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06-Dec-2023

Dysphagia Supplement Market to Generate USD 2.3 Billion by 2032, Expeditious Annual Growth Predicted

According to a new report published by Allied Market Research, titled, “Dysphagia Supplement Market,” The dysphagia supplement market size was valued at $1.5 billion in 2022, and is estimated to reach $2.3 billion by 2032, growing at a CAGR of 4.7% from 2023 to 2032.

Dysphagia supplements are dietary items designed for individuals facing difficulty swallowing solids or liquids due to conditions like cancer, stroke, neurological disorders, or age-related diseases. These products play a crucial role in addressing malnutrition and dehydration by facilitating the intake of essential nutrients and fluids. By modifying the texture and consistency of foods, such as through powder thickeners, instant foods, oral nutritional supplements, and liquid thickeners, these supplements make ingestion easier, reducing the risk of aspiration.

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Report coverage & details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$1.4 billion

Market Size in 2032

$2.3 billion

CAGR

4.7 %

No. of Pages in Report

224

Segments covered

Type, Distribution Channel, and Region

Drivers

Increase in prevalence of dysphagia

Rise in awareness about dysphagia

Opportunity

Surge in geriatric population

Restraint

Availability of alternative treatments

Economic Downturn Analysis: Impact of Recession in 2023 on the Dysphagia Supplement Market

  • The dysphagia supplement market is driven by surge in prevalence of swallowing problems, and increase in awareness about dysphagia and its treatments.
  • However, increased manufacturing and operating costs, shortage for raw materials, and fluctuations and adverse movement in shipping cost impact the dysphagia supplement market growth.

Key Players

  • Medtrition Inc.
  • Flavour Creations
  • SimplyThick LLC.
  • Fresenius SE and Co. KGaA
  • Saraya Co. Ltd.
  • Abbott Laboratories
  • KENT Corporation
  • Nestle S.A.
  • Hormel Foods Corporation
  • Danone S.A.

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Key findings of the study

  • By type, powder thickener segment dominated the market in 2022.
  • On the basis of distribution channel, hospital pharmacies segment dominated the market in 2022.
  • By region, North America segment dominated the market in 2022. However, Asia-Pacific is the fastest growing segment during the forecast period with CAGR of 5.5%.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dysphagia supplement market analysis from 2022 to 2032 to identify the prevailing dysphagia supplement market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the dysphagia supplement market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global dysphagia supplement market trends, key players, market segments, application areas, and market growth strategies.

The report provides a detailed analysis of these key players of the dysphagia supplement market. These players have adopted product upgrade/development strategy to increase their market share and maintain dominant shares in the different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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Regional Analysis

In 2022, North America dominated the dysphagia supplement market, holding the largest market size. This leadership is anticipated to persist throughout the forecast period. The region’s prominent position is attributed to the high prevalence of dysphagia, easy access to treatments, the development of advanced formulations for dysphagia management, and a growing geriatric population prone to the condition. Conversely, the Asia-Pacific region is projected to witness the fastest growth in the forecast period. This growth is fueled by an increasing incidence of swallowing problems and a rising aging population, resulting in heightened demand for dysphagia supplements. Additionally, a surge in healthcare expenditure and growing awareness of dysphagia contribute to the market’s expansion in this region.

 

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Editor Details

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Last Updated: 06-Dec-2023