This highly profitable industry is booming as the population ages

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Medical nutrition for those with chronic illnesses is expected to grow to a $28 billion market by 2030, according to Barclays.

People around the world are living longer. Yet that doesn't necessarily mean they're enjoying good health through their golden years. In fact, as the elderly population explodes , medical advancements have allowed them to survive chronic diseases longer. Those illnesses require medical care and patients often need specialized treatments to meet their nutrition needs.

In fact, there has been a shift towards enteral nutrition and away from parenteral because it capitalizes on the home treatments since it is safe and easier to administer, according to Barclays. Enteral also faces lower regulatory burdens. Both Danone and Nestle are solely in that side of the clinical nutrition business. Danone's Nutrison offers a range of products meant for disease-related malnutrition in critically ill patients.

 

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