Clinical Nutrition Market size was over USD 30.82 billion in 2023 and is projected to exceed USD 61.06 billion by the end of 2036, growing at over 5.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of clinical nutrition is evaluated at USD 32.15 billion.
The increasing prevalence of metabolic disorders globally, along with the growing investment in the healthcare expenditure are expected to fuel the development of this market. The growth of the market can also be attributed to factors such as the increasing geriatric population and rising middle-class population in emerging economies on a global level. According to the data collected from the United Nations Department of Economic and Social Affairs, in 2020, the estimated elderly population aged above 65 accounted for 727 million and by 2050 the number is expected to get double to approximately 1,500 million.
Author Credits: Radhika Pawar
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