Medical nutrition market surges at 6% CAGR by 2037

The market is driven by the growing prevalence of chronic conditions.

The global medical nutrition market is expected to reach $88.9b at a compound annual growth rate (CAGR) of 6% until 2027.

The report by Valuates Reports revealed that the market’s expansion is propelled by the rising incidence of chronic conditions such as diabetes, heart disease, and cancer across the globe.

Moreover, a rise in the ageing population has led to a rise in special nutritional demands due to age-related changes in metabolism, digestion, and nutrient absorption.

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Meanwhile, the increased use of medical nutrition is observed in clinical nutrition treatment, particularly in healthcare settings including hospitals, clinics, and long-term care facilities.

The report mentioned that practitioners are utilising medical nutrition therapy in their treatment regimens due to the growing acknowledgement of nutrition as a crucial part of healthcare.