/PRNewswire/ Enteral Feeding Formulas Market is projected to reach USD 8.2 billion by 2027 from USD 5.2 billion in 2022, growing at a CAGR of 9.5% during.
CHICAGO, Aug. 10, 2022 /PRNewswire/ Enteral Feeding Formulas Market is projected to reach USD 8.2 billion by 2027 from USD 5.2 billion in 2022, growing at a CAGR of 9.5% during the forecast
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The global enteral feeding formulas market is expected to reach USD 9.37 billion by 2028. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global enteral feeding formulas industry is projected to grow, owing to rise in chronic disorders among old age population having low immunity, and the prevalent malnutrition in low-income countries, specifically poor nations with very low disposable income. Enteral feeding formulas industry players are focusing on customized feeding formulas to cater to particular indication.
The global enteral feeding formulas industry is fragmented based on the product, tube type, indication, end use, and region. In terms of product, the market is segmented into standard and disease specific formulas. The tube type market segment is further divided into nasogastric tube, naso-jejunal tube (NJT), Jejunostomy tubes, rad