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Brazil Enteral Nutrition Market Analysis| Coherent Market Insights

The Brazil enteral nutrition market size is estimated to be valued at US$ 323.7 Mn in 2019.

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Brazil Enteral Nutrition Market Analysis| Coherent Market Insights

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. BRAZIL ENTERAL NUTRITION MARKET ANALYSIS Brazil Enteral Nutrition Market,byProtein Composition (Standard Protein Diet, High Protein Supplement, Protein for Diabetes Care Patients, and Others), by Application (Nutrition Source (Pediatric Nutrition, Adult and Elderly Nutrition, Sports Nutrition), Disease Specific (Diabetes, Cancer, Obesity, Allergy Management), and Others), by Distribution Channel (Hospitals, Retail Channel, Government Institutes and Other Public Institutes, and Online Channel), by Packaging (Ready to Drink, Ready to Hang, Powder, Bolus, and Others) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. The Brazil enteral nutrition market size is estimated to be valued at US$ 323.7 Mn in 2019 and is expected to exhibit a CAGR of 4.5% over the forecast period (2019–2027). Rising incidence of chronic diseases such as diabetes, heart disease, and cancer is expected to drive the market growth over the forecast period • According to the International Diabetes Federation, in Brazil around 12,465,800 patients suffered from diabetes in 2017 and the prevalence rate of diabetes in Brazil was around 8.7%. • Moreover, according to the World Health Organization (WHO), in 2018, out of 1.3 million deaths in Brazil, around 74% were due to non-communicable diseases (NCDs), which include cardiovascular diseases, diabetes, cancer, and chronic lung diseases.

  4. Furthermore, according to the World Health Organization’s Non-communicable Diseases (NCD) Country Profiles - 2018, around 18% of the population was suffering from different types of cancer in Brazil. • Increasing healthcare expenditure is expected to propel the market growth over the forecast period. For instance, according to International Trade Administration report published on May 2019, Brazil is the largest healthcare market in Latin America and spends around 9.1% of its GDP on healthcare. • However, stringent government regulations and inadvertent dislodgment of feeding tubes that lead to accidental disabilities and deaths, is expected to hamper the market growth over the forecast period.

  5. Figure 1.Brazil Enteral Nutrition Market Share (%), by Application, 2027

  6. Market Growth • For instance, in 2018, DanoneNutricia, a research Group of Danone, introduced new packaging for its sip feed product called the OpTri bottle. It combined the design of both bottle and pouch to improve patient usability and safety. Moreover, it reduces medical waste. • In January 2017, Nestlé Health Science launched new and improved range of tube-feeding formulas for adults and children. The category includes 3 formulas Compleat, CompleatPediatric, and CompleatPediatric Reduced Calorie.

  7. Key players operating in the market are focusing on geographical expansions in order to increase their market share, which is expected to propel the market growth over the forecast period. For instance in October 2019, Nestlé Health Science Brazil launched an eHealthstartup program, which focuses on increasing sales conversion through e-commerce, optimizing distribution management, and improving logistics efficiency. The program is also looking for startups that focus on price tracking, especially to identify prices increases or decreases in response to competitors' price adjustments. This new eHealthstartup program has helped Nestlé to strengthen its position in the market. • Moreover, in March 2016, Nestlé Health Science launched a comprehensive online resource, MyTubeFeeding.com, which focuses on educating and supporting patients and caregivers who manage patients’ tube feeding at home.

  8. Competitive Section Major players operating in the Brazil enteral nutrition market include Abbott Laboratories, ProdietNutriçãoClínica, Nestlé S.A., Danone, Royal Friesland Campina, Baxter International Inc., Nutrimed, B. Braun Melsungen AG, Pfizer, Inc., Reckitt Benckiser Group plc, Eurofarma, Nuteral, Fresenius Kabi AG, and Nutricium.

  9. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst Reference: https://www.coherentmarketinsights.com/market-insight/brazil-enteral-nutrition-market-3540

  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  11. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  12. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

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