The global oral clinical nutritional cream and pudding market size is expected to reach USD 655.7 million in 2023. From 2023 to 2033, global oral clinical nutritional cream and pudding sales are likely to soar at 7.0% CAGR. By 2033, total market value is projected to cross a mark of USD 1,294.1 million.
The oral clinical nutritional cream and pudding industry has a promising future as demand for these products is anticipated to rise in the coming years.
Several reasons are driving growth of the oral clinical nutritional cream & pudding industry. This includes the growing prevalence of chronic diseases, an aging population, and a greater emphasis on healthcare & wellness.
Further, there is a rising trend towards personalized nutrition, with more people seeking products tailored to their particular needs and preferences. This is resulting in the development of a broader variety of oral clinical nutritional products, such as creams and puddings to satisfy the diverse needs of consumers.
As the threat of disease outbreaks looms over the world, various consumers are showing an inclination towards adding extra nutrition to fight the infection. As a result, there is a rising demand for products that can provide full and balanced nutrition to people who are at risk of nutrition deficiency and malnutrition.
Oral nutrition supplements (ONS), including oral clinical nutritional creams and puddings, are particular sustenance rich in macro and micro-nutrients. These products are intended to help meet the wholesome needs of patients living with a disorder or medical condition who are unable to meet their nutritional requirements from normal foods and are at risk of malnutrition.
Oral clinical nutritional creams and puddings are becoming essential supplements for countering the global burden of malnutrition. This is because these products can provide essential nutrients required by body for proper development and functioning.
Oral clinical nutritional creams and puddings are ideal for indications including:
Rising prevalence of malnutrition across the world is expected to boost the global oral clinical nutritional cream and pudding market.
Malnutrition is a common problem faced by humans all around the world. Despite the availability of screening tools, severe malnutrition cases still go detected and untreated in care homes, hospitals, and individuals living in their homes.
According to an article published in the National Library of Medicine (NLM), malnutrition has become a highly prevalent condition in the acute hospital setting. It affects nearly 40% of hospitalized patients.
Malnutrition not only leads to physical but also has psycho-social consequences. These include inactivity, apathy, impaired wound healing, impaired immune response, fatigue, depression, etc. Therefore, good nutritional care planning has now become a vital aspect to fight malnutrition. Required nutritional support can be provided by oral clinical nutritional creams and puddings.
Oral clinical nutritional creams and puddings have proven functional, nutritional, clinical, and economic benefits, in both, community settings and hospitals, in a wide variety of patient groups.
Oral clinical nutritional creams and puddings are made to deliver high-calorie content and balanced nutrition in a single, simple-to-utilize serving. They give extra calories, protein, and micronutrients, (for example, minerals and vitamins) to the eating regimens of individuals who are either malnourished or at risk of malnutrition.
Attributes | Key Insights |
---|---|
Estimated Global Oral Clinical Nutritional Cream and Pudding Market Value (2023E) | USD 655.7 million |
Projected Oral Clinical Nutritional Cream and Pudding Market Size (2033F) | USD 1,294.1 million |
Value-based CAGR (2023 to 2033) | 7.0% |
Top 3 Countries Market value | USD 502.7 million |
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Market Statistics | Details |
---|---|
Jan to Jun (H1), 2021 (A) | 4.4% |
Jul to Dec (H2), 2021 (A) | 5.0% |
Jan to Jun (H1), 2022 Projected (P) | 5.2% |
Jan to Jun (H1), 2022 Outlook (O) | 4.9% |
Jul to Dec (H2), 2022 Outlook (O) | 6.2% |
Jul to Dec (H2), 2022 Projected (P) | 5.9% |
Jan to Jun (H1), 2023 Projected (P) | 5.6% |
BPS Change: H1, 2022 (O) to H1, 2022 (P) | 30 |
BPS Change: H1, 2022 (O) to H1, 2021 (A) | 50 |
BPS Change: H2, 2022 (O) to H2, 2022 (P) | -30 |
BPS Change: H2, 2022 (O) to H2, 2022 (A) | 120 |
According to Future Market Insights (FMI), the global market for oral clinical nutritional cream and pudding grew at a CAGR of 5.6% from 2018 to 2022. Over the next decade, global sales of oral clinical nutritional cream and pudding are anticipated to soar at 7.0% CAGR.
The regular human diet does not fulfil all the nutritional requirements of the body. Consumers have thus started consuming products that have proteins or vitamins to cater to these requirements.
The demand for such products is being fulfilled by food product manufacturers. The pudding and cream manufacturers have come up with products that are high in protein and low in fat content. Based on these factors, cream and pudding consumption is leading to be the signature of a healthy diet and lifestyle.
Similarly, customers are increasingly interested in having a multi-sensory experience when they consume food and drinks. Among the five senses, visual and mouth feel are the most valued by consumers and have a significant influence on product selection.
Manufacturers are also interested in developing new technologies that capitalize on an understanding of multisensory inspirations on flavor perception to improve human-food interaction design.
Region | North America |
---|---|
Country | United States |
CAGR | 6.1% |
Market Value (2033) | USD 331.5 million |
Region | Europe |
---|---|
Country | United Kingdom |
CAGR | 3.3% |
Market Value (2033) | USD 40.0 million |
Region | Asia Pacific |
---|---|
Country | China |
CAGR | 6.2% |
Market Value (2033) | USD 110.3 million |
Region | Asia Pacific |
---|---|
Country | India |
CAGR | 7.0% |
Market Value (2033) | USD 43.6 million |
Region | Asia Pacific |
---|---|
Country | Japan |
CAGR | 7.6% |
Market Value (2033) | USD 55.1 million |
Favorable Government Support Boosting China Oral Clinical Nutritional Cream & Pudding Industry
As per Future Market Insights (FMI), China is expected to account for a value share of 51.2% in Asia Pacific market during the forecast period. By the end of 2033, China oral clinical nutritional cream and pudding market is projected to surpass a valuation of USD 110.3 million.
In recent years, the Chinese government has made significant investments in healthcare infrastructure, including hospitals and clinics. This has aided the population's access to healthcare services such as oral therapeutic nutritional supplements.
The government also implemented healthcare policy reforms targeted at improving access to and affordability of healthcare, especially for vulnerable populations. This has contributed to a rise in the availability of oral clinical nutritional cream and pudding for patients in need.
Similarly, it has been supportive of healthcare research and development, including the creation of new nutritional products. This has triggered innovation in oral clinical nutritional supplements and improved their standard.
Presence of Niche Market and Key Players Pushing Demand for Oral Clinical Nutritional Cream & Pudding in the United States
According to the latest analysis, the United States oral clinical nutritional cream and pudding market is expected to progress at a CAGR of 6.1% during the assessment period. Total market valuation at the end of 2033 is projected to reach around USD 331.5 million in 2033.
The United States has a large aging population, with a significant portion of the population over the age of 65. This demographic is more likely to require oral clinical nutritional supplements, including cream and pudding, to help manage their health and dietary needs.
Rising cases of health conditions such as cancer, gastrointestinal disorders, malnutrition, etc. is expected to create high demand for specialized nutrition products. This in turn will provide impetus to the United States oral clinical nutritional cream and pudding industry.
Heavy presence of prominent oral nutritional cream and pudding manufacturers is another factor boosting the United States market. Several United States-based companies are aiming to develop and market specialized products that cater to the unique nutritional needs of different patient populations.
Increasing Awareness About Benefits of Oral Clinical Nutritional Needs Boosting Sales in India
India oral clinical nutritional cream and pudding market is anticipated to expand at a healthy CAGR of 7.0% through 2033. It is likely to remain a lucrative market for manufacturers of oral clinical nutritional supplements across Asia Pacific.
Rising prevalence of malnutrition and growing health awareness are key factors fueling oral clinical nutritional cream and pudding sales in India.
To raise knowledge of the benefits of oral clinical nutritional supplements, such as cream and pudding, manufacturers and the government have launched educational and training programs. These programs are intended for healthcare providers, patients, and caregivers.
Manufacturers have also been engaged in raising awareness of their products and benefits through various advertising campaigns.
Likewise, manufacturers and the Indian government have participated in health fairs and exhibitions to showcase their products and increase awareness. These measures and initiatives have helped to increase the visibility of the oral clinical nutritional cream and pudding in the country.
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Oral Clinical Nutritional Pudding to Remain the Highly-sought After Product Type
Based on product type, pudding is estimated to hold a market share of around 85.4% during the forecast period. This is due to rising popularity of oral clinical nutritional pudding globally.
Puddings are usually smoother than creams which make them more appealing to patients who have difficulty speaking or swallowing. They are also available in a variety of tastes, which can make them more appealing to eat.
Puddings contain a range of nutritional ingredients, including protein, fiber, and vitamins. These ingredients can help patients who have trouble eating solid foods or who have a low appetite meet their nutritional requirements.
Puddings are also typically sold in single-serve cups or containers. This makes them more convenient for patients to consume on-the-go or in between meals.
Besides that, they are marketed more aggressively than creams. This in turn is increasing their awareness and visibility among consumers resulting in their rising demand across the forecast period.
Consumers Prefer Over the Counter Channel for Purchasing Oral Clinical Nutritional Supplements
As per Future Market Insights (FMI), over the counter (OTC) segment is expected to progress at a robust CAGR of 6.6% through 2033. Hence, it will remain the most preferred distribution channel in the market.
Patients nowadays get greater access to OTC products because they do not require a prescription or a visit to a healthcare expert. They find it simpler to purchase and use the products.
OTC products are generally less expensive than prescribed products. This makes them more affordable for patients who do not have insurance coverage.
Further, OTC products can be offered in a broader variety of retail outlets, such as drug stores and supermarkets. Therefore, the revenue generated by OTC platforms over prescription-based ones is more. Factors such as accessibility, cost, market reach, marketing & branding, and convenience are all contributing to its increasing valuation.
The global market is competitive due to the presence of national and international players. Key companies are adopting mergers & acquisitions and launching new product as key strategies to compete in the market.
Several leading oral clinical nutritional cream and pudding companies are focusing on introducing new flavors to woo more and more customers. This will also help companies to meet the changing consumer trends in the industry.
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Attribute | Details |
---|---|
Estimated Market Value (2023) | USD 6,55.7 million |
Projected Market Value (2033) | USD 1,294.1 million |
Anticipated Growth Rate (2023 to 2033) | 7.0% CAGR |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Volume (MT) and Value (USD Million) |
Key Regions Covered | Latin America; Europe; North America; South Asia; East Asia; Oceania; and Middle East & Africa |
Key Countries Covered | Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Italy, Spain, France, Germany, United Kingdom, Netherlands, Belgium, Russia, Nordic, Poland, Japan, South Korea, China, India, Malaysia, Thailand, Singapore, Australia, Indonesia, GCC Countries, New Zealand, Central Africa, South Africa, and others. |
Key Market Segments Covered | Product Type, Distribution Channel, and Region |
Key Companies Profiled | SalMar; Nestlé SA; Danone SA (Nutricia); Fresenius Kabi; Lactalis Groupe; Nualtra Limited; Aymes International Limited; NutiWise; Groupe Lactalis (Lactalis Nutrition Sante); Fresenius SE & Co.; Aymes International Limited; Other |
The projected revenue of the market by 2033 is USD 1,294.1 million.
The market CAGR for 2033 is projected to be 7.0%.
North America, Europe, and Asia-Pacific are the leading market.
North America holds the largest market share.
North America is growing fast due to the rising prevalence of chronic diseases.
1. Executive Summary 2. Market Overview 3. Market Dynamics 4. Value Chain Analysis 5. Global Market - Pricing Analysis 6. Global Market Size in Value (USD million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 7.1. Pudding 7.2. Cream 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 8.1. Prescription Based 8.2. Over the Counter 8.2.1. Modern Trade 8.2.2. Hospital Pharmacies 8.2.3. Retail Pharmacies 8.2.4. Drug Store 8.2.5. Online Pharmacies 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia 9.6. Oceania 9.7. Middle East & Africa 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Country-level Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Nutriwise 19.2. Abbott Laboratories 19.3. Nestlé SA (Boost) 19.4. Danone SA (Nutricia) 19.5. Fresenius Kabi 19.6. Lactalis Groupe 19.7. Nualtra Limited 19.8. Aymes International Limited 19.9. NutiWise 19.10. Groupe Lactalis (Lactalis Nutrition Sante) 19.11. Fresenius SE & Co. KGaA 19.12. Aymes International Limited 19.13. (On Additional Requests) 20. Assumptions and Acronyms Used 21. Research Methodology
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