The Global Elderly Nutrition Market size was estimated at USD 10.01 billion in 2020 and expected to reach USD 10.91 billion in 2021, at a CAGR 9% to reach USD 17.04 billion by 2028.
Elderly nutrition plays an important role in proactive health care in the geriatric sector as it supports healthy aging and prevents malnutrition and vitamin deficiencies. Nutritional supplements for the elderly are made up of vitamins, proteins, minerals, lipids, fiber and other essential substances that regulate body functions and improve immunity. Because older people have the same special care needs as infants, senior nutrition products are intended to help the elderly population manage the physical, psychological and psychosocial changes associated with aging. These products provide optimal nutrition to help delay major causes of death such as heart disease, cancer and stroke. The main cause of all these diseases is the lack of better eating habits among the elderly. Therefore, specially formulated nutritional products are part of the geriatric nutrition market.
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Market Segments
By Nutrition Type
• Minerals
• Multi-vitamins
• Fibers
• Lipids
• Antioxidants
• Iron
• Proteins
By Application
• Obesity
• Diabetes
• Renal Failures
• Cancer
• Sarcopenia
Key Players
Major players operating in the global elderly nutrition market include Allergan, Otsuka Pharmaceuticals Co., Ltd., Baxter International Inc., Danone, Fresenius Kabi AG, Abbott Laboratories, Pfizer, Inc., Mead Johnson & Company, LLC, and Sanofi.
Scope of the Report
The research study analyzes the global Elderly Nutrition industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Elderly Nutrition Market Report
1. What was the Elderly Nutrition Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Elderly Nutrition Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Elderly Nutrition Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Elderly Nutrition market.
- The market share of the global Elderly Nutrition market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Elderly Nutrition market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Elderly Nutrition market.
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