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Elderly nutrition refers to the dietary practices and considerations tailored to meet the unique physiological, metabolic, and medical needs of individuals aged 65 years and older. The focus on nutrition is imperative for this demographic as aging is associated with various changes that can impact dietary requirements and food intake. Rising awareness of health and longevity and the growing prevalence of chronic diseases associated with old age raise the need for enhanced elderly nutrition products. Changing dietary habits and the influence of medical recommendations contribute to the consumption of elderly nutrition products. However, limited awareness and the high cost of elderly nutrition products may impede global sales. Moreover, the research and development for creating innovative products are expected to encourage the adoption of elderly nutrition products by the end-users globally.
Regional Insights
The elderly nutrition market is growing in the Americas owing to the advanced healthcare infrastructure, high levels of disposable income, and a strong presence of food and healthcare companies contributing to the development of personalized nutrition for the elderly. Companies in this region are leveraging technologies, such as big data and AI, to cater to the nutritional needs of the elderly, providing them with tailored supplements. Europe's elderly nutrition market is also significant, and it is largely supported by governmental efforts to promote healthy aging and the nutritional well-being of the elderly. European regulation on food products and supplements is particularly stringent, ensuring high-quality standards are met and fostering consumer confidence in products designed for elderly nutrition. The Middle Eastern and Africa region represents a developing landscape for the elderly nutrition market owing to the increase in life expectancy, a growing number of elderly citizens, and growing acceptance and demand for institutional care and specialized nutritional products tailored for the elderly. The Asia-Pacific region is expected to witness growth in the market for elderly nutrition due to the rapidly aging population, focusing on natural and holistic nutritional approaches, resulting in the development of innovative elderly nutrition product formulations.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Elderly Nutrition Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Elderly Nutrition Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Elderly Nutrition Market, highlighting leading vendors and their innovative profiles. These include AAK AB, Abbott Laboratories, AbbVie Inc., Amway Corporation, Baxter International Inc., Bayer AG, British Biologicals, Danone S.A., Dr. Reddy's Laboratories, Fresenius Kabi AG, GlaxoSmithKline PLC, Herbalife Nutrition Ltd., Koninklijke DSM N.V., Meiji Holdings Co., Ltd., Nature’s Sunshine Products, Inc., Nestlé S.A., Nordic Naturals, NoW Health Group, Inc., Otsuka Pharmaceuticals Co., Ltd., RBK Nutraceuticals Pty. Ltd., Reckitt Benckiser Group PLC, Sanofi S.A., Sun Pharmaceutical Industries Ltd., Terry Naturally Vitamins by Europharma, Unilever PLC, and Valio Ltd.Market Segmentation & Coverage
This research report categorizes the Elderly Nutrition Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Antioxidants
- Fibers
- Iron
- Lipids
- Minerals
- Multi-Vitamins
- Proteins
- Form
- Chewables
- Liquid
- Powder
- Containers
- Glass
- Metal Can
- Plastic Pouches
- Tablets/ Capsules
- Indication
- Cancer
- Diabetes
- Obesity
- Renal Failure
- Sarcopenia
- Distribution
- Hospitals
- Online
- Retail Drug Store
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Elderly Nutrition Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Elderly Nutrition Market?
- What are the technology trends and regulatory frameworks in the Elderly Nutrition Market?
- What is the market share of the leading vendors in the Elderly Nutrition Market?
- Which modes and strategic moves are suitable for entering the Elderly Nutrition Market?
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Table of Contents
Companies Mentioned
- AAK AB
- Abbott Laboratories
- AbbVie Inc.
- Amway Corporation
- Baxter International Inc.
- Bayer AG
- British Biologicals
- Danone S.A.
- Dr. Reddy's Laboratories
- Fresenius Kabi AG
- GlaxoSmithKline PLC
- Herbalife Nutrition Ltd.
- Koninklijke DSM N.V.
- Meiji Holdings Co., Ltd.
- Nature’s Sunshine Products, Inc.
- Nestlé S.A.
- Nordic Naturals
- NoW Health Group, Inc.
- Otsuka Pharmaceuticals Co., Ltd.
- RBK Nutraceuticals Pty. Ltd.
- Reckitt Benckiser Group PLC
- Sanofi S.A.
- Sun Pharmaceutical Industries Ltd.
- Terry Naturally Vitamins by Europharma
- Unilever PLC
- Valio Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 180 |
Published | March 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 12.07 Billion |
Forecasted Market Value ( USD | $ 22.53 Billion |
Compound Annual Growth Rate | 9.1% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |