Canada Clinical Nutrition Market, By Nutrition Type (Enteral Nutrition (Standard Nutrition, Disease Specific Nutrition), Parenteral Nutrition (Amino Acid, Carbohydrates, Vitamins and Minerals, Others (Proteins, Lipids among Others))), By Form (Powder, Liq
Canada Clinical Nutrition Market, By Nutrition Type (Enteral Nutrition (Standard Nutrition, Disease Specific Nutrition), Parenteral Nutrition (Amino Acid, Carbohydrates, Vitamins and Minerals, Others (Proteins, Lipids among Others))), By Form (Powder, Liquid, Tablets, Capsules, Gummies, Others (Nutrition Bar, among Others)), By Route of Administration (Oral, Enteral, Parenteral), By Age Group (Infant Nutrition, Adult Nutrition, Geriatric Nutrition), By Application (Diabetes, Cancer, Critical Care, Neurological Disorder, Metabolic Syndrome, Gastrointestinal Diseases, Other (Cardiovascular Diseases and Others)), By End User (Hospitals, Ambulatory Surgical Centers, Long Term Care Facilities)
Canada Clinical Nutrition Market, By Nutrition Type (Enteral Nutrition (Standard Nutrition, Disease Specific Nutrition), Parenteral Nutrition (Amino Acid, Carbohydrates, Vitamins and Minerals, Others (Proteins, Lipids among Others))), By Form (Powder, Liquid, Tablets, Capsules, Gummies, Others (Nutrition Bar, among Others)), By Route of Administration (Oral, Enteral, Parenteral), By Age Group (Infant Nutrition, Adult Nutrition, Geriatric Nutrition), By Application (Diabetes, Cancer, Critical Care, Neurological Disorder, Metabolic Syndrome, Gastrointestinal Diseases, Other (Cardiovascular Diseases and Others)), By End User (Hospitals, Ambulatory Surgical Centers, Long Term Care Facilities)
The Canada clinical nutrition market has been witnessing steady growth over the past few years. According to National Center for Biotechnology Information (NCBI), 2021 the Canadian population spent over US$ 1.5 billion on clinical nutrition products in 2021. With a growing focus on preventive healthcare and wellness, there has been a rise in consumer preference for tailored nutrition and dietary supplements. Leading Canadian hospitals and healthcare facilities are also incorporating clinical nutrition regimens as an important aspect of treatment for various chronic conditions such as cancer, diabetes, liver and kidney disorders. The rapidly aging Canadian population further contributes to the rising demand for specialized nutrition products that can help support their health needs. Going forward, continued healthcare reforms paired with greater public awareness about the role of nutrition for the management of chronic diseases are likely to further propel the growth of the Canada clinical nutrition market over the medium to long term.
Market Dynamics
The Canada clinical nutrition market is driven by a mix of factors, such as rising healthcare costs, an aging population base, the increasing prevalence of chronic diseases, the growing adoption of preventive healthcare approaches and favorable government support measures. However, pricing pressures due to insurance coverage cuts and supply chain challenges related to raw material sourcing can act as restraints. At the same time, market players see new opportunities from innovations in functional and personalized nutrition, along with the expansion of e-commerce platforms. Overall, with healthcare prioritization on nutritional therapy and preventive medicine gaining ground in Canada, the future prospects for the clinical nutrition industry appear bright.
Key features of the study:
This report provides an in-depth analysis of the Canada clinical nutrition market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the Canada clinical nutrition market based on the following parameters– company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Nestle S.A., Abbott Laboratories, Mead Johnson Nutrition Company, Danone S.A., Bayer AG, Fresenius Kabi AG, Baxter International Inc., Cambrooke Therapeutics, Vicore Pharma Holding AB, Ajinomoto Cambrooke, Inc., Nutricia North America, Vicore Pharma Holding AB, Schatten Medical, Otsuka Pharmaceutical and Vitaflo Asia-Pacific
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Canada clinical nutrition market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Canada clinical nutrition market