Emerging Opportunities In India Medical Nutrition Market Landscape
India Medical Nutrition Market The India Medical Nutrition Market is estimated to be valued at US$ 466.5 million in 2023 and is expected to exhibit a CAGR of 8.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Medical nutrition products in India include dietary supplements for disease management such as enteral nutrition, parenteral nutrition, and formula milk for infants and adults. These products are used for management of chronic diseases including diabetes, cancer, gastrointestinal disorders, and malnutrition. Market Dynamics: The India Medical Nutrition Market is primarily driven by the growing burden of chronic diseases and increasing awareness regarding preventive healthcare and nutritional management. As per statistics, diabetes prevalence in India has increased from 8.7% in 2020 to 9.3% in 2021, affecting about 77 million people. Additionally, malnutrition prevalence remains high in the country,