The Latin America, Middle East and Africa Enteral Feeding Formulas Market would witness market growth of 12.0% CAGR during the forecast period (2022-2028).
Different formulations for enteral feeding are now commercially available to deliver nutrients. Increased healthcare spending, a rise in preterm births worldwide, an aging population that requires enteral feeding, an increase in the prevalence of chronic illnesses like diabetes, cancer, gastrointestinal diseases, and neurological disorders, growing awareness of the benefits of enteral nutrition, and rapid advancements in healthcare infrastructure in developing nations are all anticipated to propel the market during the forecast period. Additionally, the market is anticipated to be driven by the switch from parenteral nutrition to enteral nutrition due to cost-effectiveness and nutritional benefits, as well as the expanding use of enteral feeding formulae in long-term care facilities.
For instance, according to a study that was published in the Gastroenterology journal in 2021, two-fifths of adults globally suffer from a functional gastrointestinal condition. Also, the demand for tube feeds among adults with neurovascular illnesses who want to improve their nutritional status and quality of life also has a beneficial impact.
Due to a sizable client base and an increase in the prevalence of chronic diseases and other problems, the Latin American market offers tremendous growth potential. Latin America's two largest enteral feeding formula consumers are Brazil and Argentina. Growing geriatric populations, increased rates of chronic illnesses like diabetes, cancer, gastrointestinal ailments, neurological disorders, psychiatric conditions, hypermetabolism, and an increase in preterm births are some of the factors behind the expansion.
The Brazil market is leadingt the LAMEA Enteral Feeding Formulas Market by Country in 2021; thereby, achieving a market value of $163.1 million by 2028. The Argentina market is estimated to grow at a CAGR of 12.6% during (2022 - 2028). Additionally, The UAE market is expected would experience a CAGR of 11.7% during (2022 - 2028).
Based on End User, the market is segmented into Hospitals, Long Term Care facilities, Nursing Homes, Assisted Living Facilities, and Home Care Agencies & Hospices. Based on Application, the market is segmented into Oncology, Neurological Disorders, Gastrointestinal Diseases, Diabetes, and Others. Based on Stage, the market is segmented into Adults and Pediatric. Based on Product, the market is segmented into Standard Formula, Disease specific, Diabetic Formula, Renal Formula, Hepatic Formula, Pulmonary Formula, Peptide-based Formula, Other Disease Specific Formula, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Enteral Feeding Formulas Market is Predict to reach $8.6 Billion by 2028, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Danone S.A. (Sofina Group), Nestle S.A., Fresenius SE & Co. KGaA, B. Braun Melsungen AG, Otsuka Pharmaceutical Co., Ltd., Meiji Holdings Co., Ltd., Reckitt Benckiser Group PLC, Hormel Foods Corporation and Medline Industries, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Hospitals
- Long Term Care facilities
- Nursing Homes
- Assisted Living Facilities
- Home Care Agencies & Hospices
By Application
- Oncology
- Neurological Disorders
- Gastrointestinal Diseases
- Diabetes
- Others
By Stage
By Product
- Standard Formula
- Disease specific
- Diabetic Formula
- Renal Formula
- Hepatic Formula
- Pulmonary Formula
- Peptide-based Formula
- Other Disease Specific Formula
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Danone S.A. (Sofina Group)
- Nestle S.A.
- Fresenius SE & Co. KGaA
- B. Braun Melsungen AG
- Otsuka Pharmaceutical Co., Ltd.
- Meiji Holdings Co., Ltd.
- Reckitt Benckiser Group PLC
- Hormel Foods Corporation
- Medline Industries, Inc.
TABLE 1 LAMEA Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 4 LAMEA Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 5 LAMEA Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Long Term Care facilities Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Long Term Care facilities Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Nursing Homes Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Nursing Homes Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Assisted Living Facilities Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Assisted Living Facilities Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Home Care Agencies & Hospices Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Home Care Agencies & Hospices Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 16 LAMEA Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 17 LAMEA Oncology Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Oncology Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Neurological Disorders Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Neurological Disorders Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Gastrointestinal Diseases Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Gastrointestinal Diseases Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Diabetes Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Diabetes Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 28 LAMEA Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 29 LAMEA Adults Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Adults Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Pediatric Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Pediatric Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 34 LAMEA Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 35 LAMEA Standard Formula Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Standard Formula Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Disease specific Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Disease specific Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Diabetic Formula Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Diabetic Formula Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Renal Formula Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Renal Formula Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Hepatic Formula Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Hepatic Formula Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Pulmonary Formula Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Pulmonary Formula Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Peptide-based Formula Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Peptide-based Formula Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Other Disease Specific Formula Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Other Disease Specific Formula Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Enteral Feeding Formulas Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Enteral Feeding Formulas Market by Country, 2022 - 2028, USD Million
TABLE 55 Brazil Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 56 Brazil Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 57 Brazil Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 58 Brazil Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 59 Brazil Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 60 Brazil Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 61 Brazil Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 62 Brazil Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 63 Brazil Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 64 Brazil Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 65 Argentina Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 66 Argentina Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 67 Argentina Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 68 Argentina Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 69 Argentina Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 70 Argentina Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 71 Argentina Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 72 Argentina Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 73 Argentina Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 74 Argentina Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 75 UAE Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 76 UAE Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 77 UAE Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 78 UAE Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 79 UAE Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 80 UAE Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 81 UAE Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 82 UAE Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 83 UAE Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 84 UAE Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 95 South Africa Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 96 South Africa Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 97 South Africa Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 98 South Africa Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 99 South Africa Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 100 South Africa Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 101 South Africa Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 102 South Africa Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 103 South Africa Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 104 South Africa Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 105 Nigeria Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 106 Nigeria Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 107 Nigeria Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 108 Nigeria Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 109 Nigeria Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 110 Nigeria Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 111 Nigeria Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 112 Nigeria Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 113 Nigeria Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 114 Nigeria Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA Enteral Feeding Formulas Market, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA Enteral Feeding Formulas Market, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA Enteral Feeding Formulas Market by End User, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA Enteral Feeding Formulas Market by End User, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA Enteral Feeding Formulas Market by Application, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA Enteral Feeding Formulas Market by Application, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA Enteral Feeding Formulas Market by Stage, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA Enteral Feeding Formulas Market by Stage, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA Enteral Feeding Formulas Market by Product, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA Enteral Feeding Formulas Market by Product, 2022 - 2028, USD Million
TABLE 125 Key Information – Abbott Laboratories
TABLE 126 Key information – Danone S.A.
TABLE 127 Key Information – Nestle S.A.
TABLE 128 Key Information – Fresenius SE & Co. KGaA
TABLE 129 key Information – B. Braun Melsungen AG
TABLE 130 key information – Otsuka Pharmaceutical Co., Ltd.
TABLE 131 Key Information – Meiji Holdings Co., Ltd.
TABLE 132 Key information – Reckitt Benckiser Group PLC
TABLE 133 Key Information – Hormel Foods Corporation
TABLE 134 Key Information – Medline Industries, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Abbott laboratories