Oral Clinical Nutrition Supplements Market is expected to rise 6.1%
CAGR from 2018 to 2026
Clinical nutritional supplements are on an upward growth curve and as per a
Transparency Market Research, the market for the same will chart a steady 61%
CAGR (Compound Annual Growth Rate) between 2018 and 2026. This growth will
lead to an improved worth for the global oral clinical nutrition supplements
One of the most significant factors that is leading to growth in the market is the
population, ageing at a dizzying pace. For instance, it is noted by experts that the
demographics shifted dramatically in 2018, seeing a higher number of people aged
65 and those aged five and below. And, as per a study one in every six people in the
world are set to occupy the former age group in the next 3 decades.
As far as statistics regarding those aged 60 and above are concerned, the number
will see a steep rise from 900 million in 2015 to 2 billion in 2050.
One pf the other significant factors driving growth in the global oral clinical
supplements market is a poor lifestyle with increased alcohol intake, poor diets and
so on. Additionally, rise of nuclear families is leading to nutrition deficient meals.
And, this is further compounded by rise of dual income families. As a result, when
both people who are adults in a family work hectic schedules for longer durations,
neither wants to take pains to prepare proper meals with fresh ingredients.
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Asia Pacific to Show Significant Growth over the Forecast Period:
Owing to a wide geriatric population, and high levels of malnutrition, the Asia Pacific
region will chart a notable CAGR over the forecast period. Growth is also attributable
to increase in awareness levels among people, who are experiencing improved
standard of living, owing to economies doing well, generating higher levels of
disposable income, that support the regional growth. The region is w