Reliable Data You Can Trust
Reliable Data You Can Trust
A recent
report published by Infinium Global Research on elderly nutrition market
provides in-depth analysis of segments and sub-segments in the global as well
as regional elderly nutrition market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional elderly
nutrition market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global elderly
nutrition market. According to the report, the global elderly nutrition market
is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.
The people, who have completed his/her 65 years are considered as
elder people. The elderly people need special care as like infant child for
their intake, owing to decreasing appetite to eat nutritional products to
maintain their health. Two-component, who decide the food appetite-taste buds
and olfaction decline with the age, and cause numerous health-related problem
inside the person. Further, owing to improper food intake they face several
health issues such as Arthritis, Heart Disease, Respiratory Diseases,
Alzheimer’s Disease, Osteoporosis, Diabetes, Obesity, malnutrition and
others. The main problem of all these
problems is the lack of better intake habit among old people. Hence they need
specially formulated nutrition product to maintain their health and body. The
properly balanced diet helps them to maintain a healthy body mass index, reduce
excess body fat, and provide sufficient energy to do their basic work. Further,
it facilitates a good sleep, which helps to escape the tension, and blood
pressure related problems.
A properly
balanced nutrition contains a balanced amount of minerals, multi-vitamins,
iron, proteins, fibers, lipid, antioxidants, and other essential items, which
provide better nutrition required by them. The mineral contains several items
as Sodium, Chloride, Potassium, Calcium, Phosphorus, Magnesium, and Sulfur.
These minerals help to maintain proper fluid balance inside the body, nerve
transmission, and muscle contraction. Additionally, the minerals help to
maintain healthy bone and teeth and regulate blood pressure inside the body.
The vitamins have numerous function inside the body, different vitamins have a
different type of work such as Vitamin-A helps to maintain healthy bone and
teeth, glowing skin and other. Vitamin B6 helps to maintain RBC count inside
the body and maintain proper brain functioning. Different type of vitamin plays
a very crucial role to maintain the proper body health of the elder persons.
Similarly, every component of the elderly nutrition plays an important role to
maintain a better and healthy life of its consumers.
As per the
United Nations report, in 2017, there were 962 million older people around the
globe, which was 13% of the total global population. Further, by 2030 the older the population is expected to grow up to 1.41 billion, and the number of persons
aged 80 years or over will reach around 425 million by 2050.
The North
America is the leading market segment of the elderly nutrition products, owing
to the presence of the leading nutrition companies in this region. The growing
focus of the government to provide better health care facilities to the elderly
population is helping to grow this market. Europe is the second largest market
after North America. The Asia-Pacific is expected to grow at the highest
CAGR during the forecast period.
The report on
global elderly nutrition market covers segments such as nutrition type,
application, and distribution channel. On the basis of nutrition type, the
sub-markets include minerals, multi-vitamins, iron, proteins, fibers, lipids,
antioxidants, and other nutrition types. On the basis of application, the
sub-markets include diabetes, obesity, renal failure, cancer, sarcopenia,
cancer, and other applications. On the basis of distribution channel, the
sub-markets include hospitals, retail drug store, and online.
The report
provides profiles of the companies in the market such as Sichuan Kelun
Pharmaceutical Co., Ltd., Wockhardt Limited, GlaxoSmithKline plc, The Kraft
Heinz Company, Nestlé S.A., Grifols, S.A., Sanofi, Mead Johnson Nutrition
Company, Pfizer Inc., and Abbott Laboratories.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of elderly nutrition market. Moreover, the
study highlights current market trends and provides forecast from 2019-2025. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.
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