Elderly nutrition uses nutritional principles to manage the common physical, psychological, and emotional changes associated with ageing, as well as to delay the effects of ageing and disease. Elderly nutrition is based on a balanced diet. This offers the best nutrition to assist heart disease, cancer, and stroke, the three main causes of death. Additionally, continuing research suggests that eating antioxidants may lengthen life. Elderly nutrition consists of vitamins, proteins, minerals, lipids, and other (Carbohydrates, Zinc etc), which help in maintaining nutritional balance as well as improving immunity to prevent diseases such as cancer, vitamin deficiency, neurological disorders, sarcopenia, and osteoporosis. Different types of nutrition products are majorly in form of drinks, powder, supplements, and others.
Market Dynamics
Increasing geriatric population, prone to major life threatening diseases such as cancer, chronic diseases, and neurological disorders is a major factor driving the elderly nutrition market growth. For instance, in October 2021, according to the World Health Organization Prospectus, in 2020, the number of individuals over the age of 60 is expected to significantly increase, rising from 1 billion in 2020 to 1.4 billion by 2050. By that time, the world's population of adults of age 60 and older would have doubled (to 2.1 billion).
Moreover, rising number of government initiatives regarding nutrition and diet are expected to boost the market growth. For instance, in March 2018, Government of India launched 'POSHAN Abhiyan' to educate people about health and nutrition as they play a significant role in overall human development and social infrastructure. This initiative would also provide a convergence mechanism for the country’s response to malnutrition and to improve nutritional status of children (0-6 years), adolescent girls, pregnant women, and lactating mothers.
Key features of the study:
- This report provides in-depth analysis of the global elderly nutrition market, market size (US$ Mn), and compound annual growth rate (CAGR (%)) for the forecast period: 2022 – 2030, considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global elderly nutrition market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include, Otsuka Pharmaceuticals Co., Ltd., Baxter International Inc., Allergan, Danone, Abbott Laboratories, Pfizer, Inc., Mead Johnson & Company, LLC., Sanofi, Nestlé’s, GlaxoSmithKline, Fresenius Kabi AG, Ranbaxy, WOCKHARDT, The Kraft Heinz Company, and Sichuan Kelun Pharmaceutical Company Limited
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global elderly nutrition market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, suppliers, research and consulting firms, new entrants, and financial analysts
- Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global elderly nutrition market .
Detailed Segmentation:
- Global Elderly Nutrition Market, By Nutrition type:
- Minerals
- Multi-Vitamins
- Iron
- Proteins
- Fibers
- Lipids
- Antioxidants
- Others(Carbohydrates, Zinc, etc.)
- Global Elderly Nutrition Market, By Application:
- Diabetes
- Renal Failures
- Obesity
- Sarcopenia
- Cancer
- Others(Cardiovascular Disease, Osteoporosis,etc.)
- Global Elderly Nutrition Market, By Route of Administration:
- Global Elderly Nutrition Market, By Distribution Channel:
- Hospitals & Clinics
- Retail Pharmacies
- Online Pharmacies
- Others(Hypermarket, Supermarket, etc.)
- Global Elderly Nutrition Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Otsuka Pharmaceuticals Co., Ltd.*
- Company Highlights
- Product Portfolio
- Financial Performance
- Recent Highlights
- Market Strategies
- Baxter International Inc.
- Allergan
- Danone
- Abbott Laboratories
- Pfizer Inc.
- Mead Johnson & Company, LLC.
- Sanofi
- Nestlé’s.
- GlaxoSmithKline
- Fresenius Kabi AG
- WOCKHARDT
- The Kraft Heinz Company
- Sichuan Kelun Pharmaceutical Company Limited
“*” marked represents similar segmentation in other categories in the respective section.
