India Medical Nutrition Market Is
Estimated To Witness High Growth Owing To Increasing Prevalence of Chronic
Diseases & Rising Geriatric Population

The global India Medical Nutrition Market is estimated to be valued at US$
404.1 Mn in 2021 and is expected to exhibit a CAGR of 8.6% over the forecast
period (2021-2028), as highlighted in a new report published by Coherent Market
Insights.



A) Market Overview:

The India Medical Nutrition Market encompasses a wide range of products
designed specifically for medical purposes, such as dietary supplements,
enteral nutrition, and parenteral nutrition. These products are used to fulfill
the nutritional requirements of patients suffering from chronic diseases,
malnutrition, and those in need of therapeutic interventions. They are
prescribed and administered under medical supervision to ensure optimal health
outcomes.



Medical nutrition products have become essential in the treatment and
management of various medical conditions. These products provide necessary
nutrients, vitamins, and minerals to support the overall well-being of
patients. They help in maintaining proper body weight, managing chronic
diseases, and improving the quality of life for individuals with special
dietary needs.



B) Market Dynamics:

The India Medical Nutrition Market is driven by two main factors: the
increasing prevalence of chronic diseases and the rising geriatric population.



1. Increasing Prevalence of Chronic Diseases:

India is witnessing a significant rise in the prevalence of chronic diseases
such as diabetes, cardiovascular diseases, cancer, and respiratory disorders.
According to the World Health Organization (WHO), non-communicable diseases
account for approximately 60% of all deaths in India. These diseases require
specialized nutritional support to manage symptoms, prevent complications, and
improve patient outcomes. The growing need for disease-specific nutrition is
driving the demand for medical nutrition products in the country.



For example, in the case of diabetes, India
Medical Nutrition Market Growth plays a crucial role in managing blood
sugar levels and preventing complications. Specialized nutritional formulas
designed for diabetics help control glycemic response and promote weight
management. With the increasing diabetic population in India, the demand for
diabetic-specific medical nutrition products is expected to grow significantly.



2. Rising Geriatric Population:

India is also experiencing a rapid increase in the geriatric population.
According to the United Nations, the number of older adults (above 60 years) in
India is projected to reach 319 million by 2050. With aging, individuals are
more susceptible to various health conditions and require specialized
nutritional support to meet their specific needs. Medical nutrition products
formulated for the elderly play a crucial role in promoting healthy aging,
managing chronic conditions, and reducing the risk of malnutrition.



C) SWOT Analysis:

Strength:

1. Increasing awareness about the importance of proper nutrition for disease
management

2. Growing demand for disease-specific medical nutrition products



Weakness:

1. Limited reimbursement coverage for medical nutrition products

2. High cost of specialized medical nutrition products



Opportunity:

1. Expansion of product portfolios to cater to niche markets

2. Collaborations and partnerships with healthcare organizations to enhance
distribution networks



Threats:

1. Stringent regulatory guidelines for the production and marketing of medical
nutrition products

2. Intense competition from local and international players in the market



D) Key Takeaways:

The global India Medical Nutrition Market is expected to witness high
growth, exhibiting a CAGR of 8.6% over the forecast period, due to increasing
prevalence of chronic diseases and the rising geriatric population.



In terms of regional analysis, North India is expected to emerge as the
fastest-growing and dominating region in the India Medical Nutrition Market.
The region has a higher prevalence of chronic diseases and a larger geriatric
population, leading to an increased demand for medical nutrition products.



Key players operating in the India Medical Nutrition Market include Abbott
Laboratories, Baxter International Inc., Danone S.A., Nestlé S.A.,
GlaxoSmithKline plc., Sun Pharmaceutical Industries Ltd., Fresenius Kabi AG,
BASF, Zeon Lifesciences Ltd., Mead Johnson & Company, LLC., B. Braun
Melsungen AG., Nutrimed Healthcare Pvt. Ltd, and Zenova Bio Nutrition. These
companies have a strong presence in the market and offer a wide range of
medical nutrition products to cater to the diverse needs of patients.