Summary:
Elderly nutrition plays an important role in advance healthcare, as it supports healthy aging and helps prevent vitamin deficiencies and malnutrition. Elderly nutrition products include protein, vitamin, minerals, fibers, lipids, and other essential substance, essential for regulating the body functions and improving immunity.
The routes of administration are of great importance when considering the administration of nutrition in geriatric patients, to avoid side effects and risks and complications. The incorrect use may cause refeeding syndrome, liver dysfunction, and other side effects.
The global elderly nutrition market size was valued at US$ 17,453.5 million in 2021, and is expected to exhibit a CAGR of 6.6% over the forecast period (2022 – 2028).
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Drivers:
Rising prevalence of chronic diseases and nervous disorders and growing geriatric population across the globe is expected to propel growth of the global elderly nutrition market during the forecast period. Older people, aged 65 and up, are more vulnerable to nutritional deficiencies and nutritional problems, especially those who are susceptible to various medical conditions, such as chronic diseases (such as diabetes), renal failures, and obesity, among others.
Moreover, rising incidence of age related disorders such as cardiovascular diseases, nervous disorders, and organ failures (especially in geriatric population) is expected to augment growth of the global elderly nutrition market. For instance, according to the Alzheimer’s Association, in 2017, over 13.8 million Americans aged 65 years or older had Alzheimer’s disease. Moreover, a total of 93,541 Alzheimer’s deaths occurred in the United States in 2014, and Alzheimer’s was the 5th leading cause of death among Americans aged 65 years and more.
Regional Insights:
Europe is expected to witness robust growth in the global elderly nutrition market owing to the increasing prevalence of chronic diseases, such as cardiovascular diseases (CVD) and cancer, and rise in geriatric population. For instance, as per the European Heart Network, in 2015, there were around 11.3 million new cases of CVD in Europe and 6.1 million new cases of CVD in the European Union.
Competitive landscape:
Major players active in the global elderly nutrition market are Sanofi, Pfizer, Inc., Fresenius Kabi AG, Danone, Abbott Laboratories, Baxter International Inc., Allergan, Mead Johnson & Company, and Otsuka Pharmaceuticals Co., Ltd., among others.
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Market taxonomy:
By Nutrition Type:
- minerals
- multi vitamins
- Iron
- proteins
- fibers
- lipids
- antioxidant
By Application:
- diabetes
- renal failures
- obesity
- Sarcopenia
- Cancer
By Route of Administration:
By Distribution Channel:
- Hospitals & Clinics
- Retail Pharmacies
- convenience store
- On-line
By region:
- NorthAmerica
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
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Table of Content
Chapter 1 Industry Overview
1.1 Definitions
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Elderly Nutrition Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Elderly Nutrition Industry Impact
Chapter 2 Global Elderly Nutrition Competition by Types, Applications, and Top Regions and Countries
2.1 Global Elderly Nutrition (Volume and Value) by Type
2.3 Global Elderly Nutrition (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Manufacturing Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Elderly Nutrition Sales, Consumption, Export, Import by Regions
chapter 5 North America Elderly Nutrition Market Analysis
Chapter 6 East Asia Elderly Nutrition Market Analysis
Chapter 7 Europe Elderly Nutrition Market Analysis
Chapter 8 South Asia Elderly Nutrition Market Analysis
Chapter 9 Southeast Asia Elderly Nutrition Market Analysis
chapter 10 Middle East Elderly Nutrition Market Analysis
Chapter 11 Africa Elderly Nutrition Market Analysis
Chapter 12 Oceania Elderly Nutrition Market Analysis
Chapter 13 South America Elderly Nutrition Market Analysis
Chapter 14 Company Profiles and Key Figures in Elderly Nutrition Business
Chapter 15 Global Elderly Nutrition Market Forecast (2022-2028)
Chapter 16 conclusions
Research Methodologies….
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