South & Central America Enteral Nutrition Market Forecast to 2030 - Regional Analysis - by Product Type (General and Disease Specific), Application (Gastrointestinal Disorders, Metabolic/Inborn Errors of Metabolism, Food Allergy, Renal Disease, Liver Disease, Oncology, Neurology, and Others), Age Group (Adult and Pediatric), and Distribution Channel (Hospital Pharmacies, Retail Stores, E-Commerce, and Others)
Strategic Initiatives by Key Market Players Fuel South & Central America Enteral Nutrition Market
Companies operating in the enteral nutrition market continuously focus on strategic developments such as collaborations, expansions, agreements, partnerships, and new product launches. These help them improve their sales, expand their geographic reach, and enhance their capacities to cater to a larger than existing customer base. A few of the noteworthy developments in the enteral nutrition market are mentioned below:
- In May 2022, Nestle Health Science acquired Puravida, a premium Brazilian nutrition and healthy lifestyle brand. With its products such as vitamins, minerals, and supplements, Puravida's product line complements Nestle's portfolio. This acquisition allows Nestle Health Science to expand its brand portfolio and extend its reach to a broader range of consumers and patients with improved, dependable, nutritious, and high-quality products.
- In March 2022, Vygon (a specialist single-use medical devices group) acquired Macatt Medica (a distribution company located in Peru). With the acquisition, Macatt Medica became a fully owned subsidiary of Vygon, supporting the latter's operations in South America. Macatt Medica now distributes most of Vygon's products in Peru, including a range of enteral nutrition products.
- In September 2021, Abbott introduced plant-based protein and organic food ingredients-PediaSure Harvest and Ensure Harvest-for people relying on feeding tubes. Harvest products can be used as sole-source nutrition or a supplement to satisfy daily nutrition requirements.
- In October 2020, Nutricia (part of Danone) acquired Real Food Blends. The company brings unique and nutritious choices to children and adults dependent on feeding tubes, in line with its real food blends mission.
- Therefore, introducing products such as ready-to-drink and ready-to-use nutritional supplements, the development of innovative products targeting various health issues, and strategic moves such as expansions and acquisitions allow companies in the enteral nutrition market to create new or improved products and new business to remain competitive in the market. Thus, such strategic growth initiatives create significant growth opportunities in the market.
South & Central America Enteral Nutrition Market Overview
The South & Central America enteral nutrition market is segmented into Brazil, Argentina, and the Rest of South & Central America. Factors such as the growing geriatric population, rising incidence of chronic diseases, rising incidence of neurologic disorders such as stroke and cerebral aneurysms, and product innovations by the players operating in the region are driving the market.
The increasing prevalence of chronic diseases, such as cancer and diabetes, drives the enteral nutrition market in Brazil. The average prevalence of diabetes in Brazil is 8.0% and is expected to reach 9.8% by 2035. This rising prevalence of diabetes has translated into a 60% growth in the related risk ratio for cardiovascular diseases associated with diabetes. This is likely to increase the demand for enteral nutrition in treating the patients.
In addition, the prevalence of neurological disorders has been linked with the aging population in Brazil. The World Health Organization and the Brazilian Institute of Geography and Statistics reported that the geriatric population in Brazil (aged ? 60 years) will reach ~55 million by 2040. The rising geriatric population is expected to increase the incidence of chronic neurological disorders in the coming years, and this increase in neurological diseases is likely to propel the demand for enteral nutrition.
South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Enteral Nutrition Market Segmentation
The South & Central America enteral nutrition market is segmented based on product type, application, age group, distribution channel, and country.
Based on product type, the South & Central America enteral nutrition market is bifurcated into general and disease specific. The general segment held a larger South & Central America enteral nutrition market share in 2022.
In terms of application, the South & Central America enteral nutrition market is segmented into gastrointestinal disorders, metabolic/inborn errors of metabolism, food allergy, renal disease, liver disease, oncology, neurology, and others. The gastrointestinal disorders segment held the largest South & Central America enteral nutrition market share in 2022.
Based on age group, the South & Central America enteral nutrition market is bifurcated into adult and pediatric. The adult segment held a larger South & Central America enteral nutrition market share in 2022.
By distribution channel, the South & Central America enteral nutrition market is segmented into hospital pharmacies, retail stores, e-commerce, and others. The hospital pharmacies segment held the largest South & Central America enteral nutrition market share in 2022.
Based on country, the South & Central America enteral nutrition market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America enteral nutrition market in 2022.
Abbott Laboratories, Nestle SA, Danone SA, Fresenius SE & Co KGaA, B Braun SE, Dr Schar AG, Reckitt Benckiser Group Plc, and Royal FrieslandCampina NV are some of the leading companies operating in the South & Central America enteral nutrition market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Enteral Nutrition Market - Key Industry Dynamics
4.1 Key Market Drivers:
4.1.1 Increasing Prevalence of Gastrointestinal Diseases
4.1.2 Rising Cases of Malnutrition and Premature Births
4.2 Market Restraints
4.2.1 Complications Associated with Enteral Feeding Systems
4.3 Market Opportunities
4.3.1 Strategic Initiatives by Key Market Players
4.4 Future Trends
4.4.1 Specific Formulations and Plant-Based Nutrition Products
4.5 Impact Analysis
5. Enteral Nutrition Market - South & Central America Market Analysis
5.1 South & Central America Enteral Nutrition Market Revenue (US$ million), 2022 - 2030
6. South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 - by Product Type
6.1 Overview
6.2 South & Central America Enteral Nutrition Market Revenue Share, by Product Type 2022 & 2030 (%)
6.3 General
6.3.1 Overview
6.3.2 General: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
6.3.2.1 South & Central America Enteral Nutrition Market, by General
6.3.2.1.1 South & Central America Enteral Nutrition Market, by Elemental Formula
6.4 Disease Specific
6.4.1 Overview
6.4.2 Disease Specific: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 - by Application
7.1 Overview
7.2 South & Central America Enteral Nutrition Market Revenue Share, by Application 2022 & 2030 (%)
7.3 Gastrointestinal Disorder
7.3.1 Overview
7.3.2 Gastrointestinal Disorder: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Metabolic/Inborn Errors of Metabolism
7.4.1 Overview
7.4.2 Metabolic/Inborn Errors of Metabolism: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Allergy
7.5.1 Overview
7.5.2 Allergy: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Renal Disease
7.6.1 Overview
7.6.2 Renal Disease: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.7 Liver Disease
7.7.1 Overview
7.7.2 Liver Disease: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.8 Oncology
7.8.1 Overview
7.8.2 Oncology: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.9 Neurology
7.9.1 Overview
7.9.2 Neurology: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
7.10 Others
7.10.1 Overview
7.10.2 Others: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 - by Age Group
8.1 Overview
8.2 South & Central America Enteral Nutrition Market Revenue Share, by Age Group 2022 & 2030 (%)
8.3 Adult
8.3.1 Overview
8.3.2 Adult: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Pediatric
8.4.1 Overview
8.4.2 Pediatric: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 - by Distribution Channel
9.1 Overview
9.2 South & Central America Enteral Nutrition Market Revenue Share, by Distribution Channel 2022 & 2030 (%)
9.3 Hospital Pharmacies
9.3.1 Overview
9.3.2 Hospital Pharmacies: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Retail Stores
9.4.1 Overview
9.4.2 Retail Stores: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
9.5 E-Commerce
9.5.1 Overview
9.5.2 E-Commerce: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Enteral Nutrition Market - Country Analysis
10.1 South & Central America Enteral Nutrition Market, Revenue and Forecast to 2030
10.1.1 South & Central America Enteral Nutrition Market by Country
10.1.1.1 Brazil
10.1.1.1.1 Brazil Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million)
10.1.1.1.2 Brazil Enteral Nutrition Market, by Product Type
10.1.1.1.2.1 Brazil Enteral Nutrition Market, by General
10.1.1.1.2.1.1 Brazil Enteral Nutrition Market, by Elemental Formula
10.1.1.1.3 Brazil Enteral Nutrition Market, by Application
10.1.1.1.4 Brazil Enteral Nutrition Market, by Age Group
10.1.1.1.5 Brazil Enteral Nutrition Market, by Distribution Channel
10.1.1.2 Argentina
10.1.1.2.1 Overview
10.1.1.2.2 Argentina Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million)
10.1.1.2.3 Argentina Enteral Nutrition Market, by Product Type
10.1.1.2.3.1 Argentina Enteral Nutrition Market, by General
10.1.1.2.3.1.1 Argentina Enteral Nutrition Market, by Elemental Formula
10.1.1.2.4 Argentina Enteral Nutrition Market, by Application
10.1.1.2.5 Argentina Enteral Nutrition Market, by Age Group
10.1.1.2.6 Argentina Enteral Nutrition Market, by Distribution Channel
10.1.1.3 Rest of South & Central America
10.1.1.3.1 Overview
10.1.1.3.2 Rest of South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million)
10.1.1.3.3 Rest of South & Central America Enteral Nutrition Market, by Product Type
10.1.1.3.3.1 Rest of South & Central America Enteral Nutrition Market, by General
10.1.1.3.3.1.1 Rest of South & Central America Enteral Nutrition Market, by Elemental Formula
10.1.1.3.4 Rest of South & Central America Enteral Nutrition Market, by Application
10.1.1.3.5 Rest of South & Central America Enteral Nutrition Market, by Age Group
10.1.1.3.6 Rest of South & Central America Enteral Nutrition Market, by Distribution Channel
11. Enteral Nutrition Market-Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Enteral Nutrition Market
11.3 Inorganic Growth Strategies
11.3.1 Overview
11.4 Organic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Abbott Laboratories
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nestle SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Danone SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Fresenius SE & Co KGaA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 B Braun SE
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Dr Schar AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Reckitt Benckiser Group Plc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Royal FrieslandCampina NV
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms
List of Tables
Table 1. South & Central America Enteral Nutrition Market Segmentation
Table 2. South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - General
Table 3. South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Elemental Formula
Table 4. Brazil Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Product Type
Table 5. Brazil Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - General
Table 6. Brazil Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Elemental Formula
Table 7. Brazil Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Application
Table 8. Brazil Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - Age Group
Table 9. Brazil Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - Distribution Channel
Table 10. Argentina Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Product Type
Table 11. Argentina Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - General
Table 12. Argentina Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Elemental Formula
Table 13. Argentina Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Application
Table 14. Argentina Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - Age Group
Table 15. Argentina Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - Distribution Channel
Table 16. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Product Type
Table 17. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - General
Table 18. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Elemental Formula
Table 19. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million) - Application
Table 20. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - Age Group
Table 21. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast To 2030 (US$ million) - Distribution Channel
Table 22. Recent Inorganic Growth Strategies in the Enteral Nutrition Market
Table 23. Recent Organic Growth Strategies in the Enteral Nutrition Market
Table 24. Glossary of Terms, Enteral Nutrition Market
List of Figures
Figure 1. South & Central America Enteral Nutrition Market Segmentation, By Country
Figure 2. South & Central America Enteral Nutrition Market - Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Enteral Nutrition Market Revenue (US$ million), 2020 - 2030
Figure 5. South & Central America Enteral Nutrition Market Revenue Share, by Product Type 2022 & 2030 (%)
Figure 6. General: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Disease Specific: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. South & Central America Enteral Nutrition Market Revenue Share, by Application 2022 & 2030 (%)
Figure 9. Gastrointestinal Disorder: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Metabolic/Inborn Errors of Metabolism: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Allergy: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Renal Disease: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Liver Disease: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Oncology: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Neurology: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. South & Central America Enteral Nutrition Market Revenue Share, by Age Group 2022 & 2030 (%)
Figure 18. Adult: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Pediatric: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. South & Central America Enteral Nutrition Market Revenue Share, by Distribution Channel 2022 & 2030 (%)
Figure 21. Hospital Pharmacies: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Retail Stores: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 23. E-Commerce: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. Others: South & Central America Enteral Nutrition Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. South & Central America Enteral Nutrition Market, By Country, 2022 (US$ million)
Figure 26. South & Central America Enteral Nutrition Market, By Key Countries, 2022 and 2030 (%)
Figure 27. Brazil Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million)
Figure 28. Argentina Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million)
Figure 29. Rest of South & Central America Enteral Nutrition Market Revenue and Forecast to 2030 (US$ million)
Figure 30. Growth Strategies in the Enteral Nutrition Market
2. Nestle SA
3. Danone SA
4. Fresenius SE & Co KGaA
5. B Braun SE
6. Dr Schar AG
7. Reckitt Benckiser Group Plc
8. Royal FrieslandCampina NV