Market Share for Enteral Nutrition
The enteral nutrition market is fragmented as a large number of companies offer these products. Further, although these products are tested for quality before approval, the regulatory criteria is not as strict as for pharmaceuticals. Additionally, different formulations are required for different age groups and indications, and since no company offers everything, the market displays fragmentation. This also allows local and regional companies to compete with globally operating nutrition and pharmaceutical companies. Moreover, since these products are similar to normal food, the entry barriers in this market are not as high. Another reason for the consolidation is that while healthcare facilities generally buy in bulk under long-term contracts with established companies, individuals often prefer local firms, which offer cost-effective products.
Major Companies in Enteral Nutrition Market:
- Abbott Laboratories
- B. Braun SE
- Danone S.A.
- Nestl� S.A.
- Fresenius Kabi AG
- Reckitt Benckiser Group PLC
- Global Health Products Inc.
- Hormel Foods Corporation
- Meiji Holdings Co. Ltd.
- Victus Inc.
- Kate Farms Inc.
- Ajinomoto Co. Inc.