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Middle East and Africa Enteral Feeding Formula Market – Industry Trends and Forecast to 2030

Healthcare | Upcoming Report | Nov 2022 | MEA | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Middle East and Africa Enteral Feeding Formula Market, By Product (Standard Formulas, Diabetic Formula, Renal Formula, Hepatic Formula, Pulmonary Formula, Peptide-based Formula, Other Disease Specific Formula, and Disease-Specific Formulas), Application (Oncology, Neurology, Critical Care, Diabetes, Gastroenterology, and Others), Type of Tube Feeding (Gastric Tube Feeding, Nasogastric Tube Feeding, Gastrostomy Tube Feeding, and Duodenal or Jejunal Tube Feeding), Stage (Adult and Pediatric), End User (Hospitals, Nursing Homes, Assisted Living Facilities, Home Care Agencies, and Hospices and Long Term Care Facilities) – Industry Trends and Forecast to 2030.

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Middle East and Africa Enteral Feeding Formula Market Analysis and Size

According to the World Health Organization, nearly 70% of cancer fatalities occur in low- and middle-income countries. As a result of rising chronic diseases and disorders, a rapidly aging population, a rising rate of premature birth, rising healthcare expenses, and increased demand for home care, the enteral feeding formula industry is expanding. According to the American Hospital Association's Fast Facts on U.S. Hospitals in 2021, 36,241,815 admissions were reported in U.S. hospitals in 2019, for a total cost of USD 1,161,032,419,000. As a result, all of the factors above are expected to drive market growth.

Data Bridge Market Research analyses that the enteral feeding formula market, which was USD 0.58 billion in 2022, is expected to reach USD 1.02 billion by 2030, at a CAGR of 7.3% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Middle East and Africa Enteral Feeding Formula Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Standard Formulas, Diabetic Formula, Renal Formula, Hepatic Formula, Pulmonary Formula, Peptide-based Formula, Other Disease Specific Formula, and Disease-Specific Formulas), Application (Oncology, Neurology, Critical Care, Diabetes, Gastroenterology, and Others) Type of Tube Feeding (Gastric Tube Feeding, Nasogastric Tube Feeding, Gastrostomy Tube Feeding, and Duodenal or Jejunal Tube Feeding), Stage (Adult and Pediatric), End User (Hospitals, Nursing Homes, Assisted Living Facilities, Home Care Agencies, and Hospices and Long Term Care Facilities)

Countries Covered

Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Nutricia (Netherlands), Hormel Foods Corporation (U.S), Medline Industries, Inc. (U.S), Mead Johnson & Company, LLC. (U.S), Nestlé Health Science (Switzerland), Abbott (U.S), Meiji Holdings Co., Ltd. (Japan), Fresenius Kabi AG (Germany), B. Braun SE (Germany), Trovita Health Science (U.S), Victus Inc. (U.S), Avanos Medical Inc. (U.S), Cardinal Health (U.S), Moog Inc (U.S), Conmed Corporation (U.S), Cook Medical (India)

Market Opportunities

  • New product launches in the enteral feeding market
  • Growing elderly population

Market Definition

Enteral tube feeding introduces nutrients into the intestines or stomach through tubes for those unable to meet their nutritional demands or absorb nutrients orally. Tubes such as nasojejunal tubes, gastrostomy tubes, nasogastric tubes, and jejunostomy tubes are offered for enteral feed formula. The many methods for delivering the needed nutrients are cost-effective, nutritious, and a viable alternative to intrusive surgery.

Enteral Feeding Formula Market Dynamics

Drivers

  • The rise in the geriatric population

The Middle East and African geriatric population are steadily growing, resulting in an increase in chronic diseases in the region. The EU-27's growing elderly population (those aged 85 and up) has several implications. The cost of providing good health and long-term care is one of the main sources of concern for the concerned authority, as extremely older adults require proportionally more social services. Furthermore, because neurological illnesses such as multiple sclerosis, stroke, and dementia impair swallowing, the elderly population is the market's primary target consumer.

  • Expansion in product portfolio

Major market players' development of product portfolios is attributed to driving growth in the Middle East and Africa markets for enteral feeding formulas. Leading pharmaceutical and nutraceutical companies invest in research and development (R&D), resulting in market-leading product discoveries. The introduction of ready-to-drink (RTD) products, ready-to-use nutritional supplements, and improved tube quality are all helping to propel the market forward.

Opportunities

  • New product launches in the enteral feeding market

In recent years, the Middle East and African enteral feeding market have seen new product releases. These unique product developments are a component of the market's enormous prospective opportunities. Furthermore, technological advancements and product innovations are two major factors driving the enteral feeding formula market forward. The broad product portfolios and robust product developments of key companies assist the market's expansion. Some product categories that have gained traction in recent years include ready-to-drink (RTD), ready-to-use nutritional supplements, and tube feed for specific specialized uses.

Restraints/Challenges

  • Complications associated with enteral feeding

According to the National Center for Biotechnology Information, gastrostomy and jejunostomy feeding tubes are commonly implanted and used for long-term home enteral nutrition support. Although the insertion of these tubes is usually associated with minor morbidity, long-term use can result in various problems and diseases that can reduce the quality of life and have serious financial consequences. All these factors contribute to the region's slow expansion of the enteral feeding formula market.

This enteral feeding formula market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the enteral feeding formula market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In October 2020, Nestle Health Science launched China's first ready-to-drink protein-based total nutrition Foods for Special Medical Purposes (FSMPs) for malnourished people.
  • In June 2020, Otuska Pharmaceuitical Factory Inc. launched  Enoras Liquid, an enteral polymeric enteric nutrition.

Middle East and Africa Enteral Feeding Formula Market Scope

The enteral feeding formula market is segmented on the basis of product, stage, type of tube feeding, indication and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Standard formula
  • Disease-specific formula
  • Diabetic Formula
  •  Renal Formula
  • Hepatic Formula
  •  Pulmonary Formula
  •  Peptide-based Formula
  • Other Disease Specific Formula

Stage

  • Adult
  • Pediatric

Indication

  • Alzheimer's
  • Nutrition Deficiency
  • Cancer Care
  • Diabetes
  • Chronic Kidney Diseases
  • Orphan Diseases
  • Dysphagia
  • Pain Management
  • Malabsorption/G.I. Disorder/Diarrhea
  • Others

Type of Tube Feeding

  • Gastric Tube Feeding
  • Nasogastric Tube Feeding
  • Gastrostomy Tube Feeding
  • Duodenal or Jejunal Tube Feeding

End-user

  • Hospitals
  • Cardiology
  • Neurology
  • Critical Care (ICU)
  • Oncology
  • Others
  • Home Care
  • Nursing Homes
  • Assisted Living Facilities
  •  Home Care Agencies
  •  Hospices

Enteral Feeding Formula Market Regional Analysis/Insights

The enteral feeding formula market is analysed and market size insights and trends are provided by country, product, stage, type of tube feeding, indication and end-user as referenced above.

The countries covered in the enteral feeding formula market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

South Africa is dominating the Middle East and Africa region is expected to grow from 2023 to 2030 due to growing awareness regarding early diagnosis.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Enteral Feeding Formula Market Share Analysis

The enteral feeding formula market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to enteral feeding formula market.

Some of the major players operating in the enteral feeding formula market are:

  • Nutricia (Netherlands)
  • Hormel Foods Corporation (U.S)
  • Medline Industries, Inc. (U.S)
  • Mead Johnson & Company, LLC. (U.S)
  • Nestlé Health Science (Switzerland)
  • Abbott (U.S)
  • Meiji Holdings Co., Ltd. (Japan)
  • Fresenius Kabi AG (Germany)
  • B. Braun SE (Germany)
  • Trovita Health Science (U.S)
  • Victus Inc. (U.S)
  • Avanos Medical Inc. (U.S)
  • Cardinal Health (U.S)
  • Moog Inc (U.S)
  • Conmed Corporation (U.S)
  • Cook Medical (India)


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