India Medical Nutrition Market is Anticipated to Witness High Growth Owing to Increasing Healthcare Expenditure
India Medical Nutrition Market is Anticipated to Witness High Growth Owing to Increasing Healthcare Expenditure
India Medical Nutrition Market is estimated to be valued at US$ 466.5 Mn in 2024 and is expected to exhibit a CAGR of 8.1%

Medical nutrition products play a crucial role in improving nutritional intake, managing health conditions, and supporting recovery. These products help meet the special dietary requirements of patients suffering from cancer, diabetes, neurological disorders, GI disorders, pulmonary disorders, and other chronic ailments. The demand for formulas enriched with proteins, vitamins, minerals, fibers, and fatty acids for specific clinical needs is increasing among consumers in India. The growing burden of lifestyle diseases, rising healthcare expenditure, increasing focus on preventive care, and availability of various therapeutic products are some of the key factors driving the growth of the Indian medical nutrition market.


India Medical Nutrition Market is estimated to be valued at US$ 466.5 Mn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 to 2031


Key Takeaways

Key players operating in the India Medical Nutrition are ROSEN Group, Johnson and Allen Ltd., Advanced NDT Ltd., Olympus Corporation, Intertek Group PLC, Baker Hughes, GE Measurement and Control, and Russell Fraser Sales Pty Ltd., among others. These players are focusing on launching new products and expanding their presence across different states to leverage the market potential.

The India medical nutrition market provides significant growth opportunities owing to the increasing demand for customized formulas for various clinical conditions like diabetes, gastrointestinal disorders, and renal diseases. The growing awareness about the benefits of therapeutic medical foods is encouraging more people to opt for these supplements.

The key players in the India Medical Nutrition Market Demand are adopting strategies like mergers & acquisitions and collaborations to expand their global footprint. Companies are also investing in research & development activities to develop innovative formulas as per the changing needs of the patients. This global expansion will help them enhance their market share in the high potential India market.

Market Drivers
Rising disease burden - The increasing prevalence of chronic diseases like diabetes, cancer, gastrointestinal disorders is the key factor driving the growth of the medical nutrition market in India. As per a report, cancer cases are expected to increase by over 2 million by 2025. This growing disease impact will augment the demand for therapeutic medical foods.

Market Restrains
Lack of awareness - Although is rising, a major part of the Indian population still lacks proper awareness about the benefits of nutritional support products. This low awareness acts as a key restraint for the market. Lack of knowledge limits the adoption of specialized formulas.


Segment Analysis

The
India Medical Nutrition Market Size and Trends is dominated by the enteral nutrition sub-segment. Enteral nutrition accounted for nearly 70% of the overall market share in 2024. This is because enteral nutrition provides essential nutrients to patients who cannot consume food orally or through their normal digestive tracts. The enteral feeding administration methods like oral and tube feeding are preferred over parenteral nutrition due to its cost efficiency and fewer side effects. Over the forecast period, the parenteral nutrition sub-segment is expected to grow at a higher CAGR compared to enteral nutrition due to rising prevalence of chronic diseases that require direct administration of nutrients into the veins.

Global Analysis

Regionally, Southern India accounted for the largest market share in the India medical nutrition market in 2024 owing to rising healthcare expenditure and increasing number of hospitals in states like Telangana and Karnataka. However, Western India is estimated to grow at the fastest CAGR from 2024 to 2031. This is attributed to rising medical tourism coupled with increase in awareness about nutritional requirements among patients in states like Maharashtra and Gujarat. With a widespread distribution channel and presence of major manufacturers, the availability of medical nutrition products is highest in Western region.

 

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

 

 

 

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