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Dysphagia Supplement Market to reach $2.3 Billion, Globally, by 2032 at 4.7% CAGR: Allied Market Research

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Allied Market Research

06 Nov, 2023, 17:04 GMT

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Increase in prevalence of swallowing disorders, technological advancement in the supplement formulation, and rise in awareness about dysphagia drive the growth of the dysphagia supplement market.

PORTLAND, Ore., Nov. 6, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Dysphagia Supplement Market by Type (Powder Thickener, Instant Food, Ready-to-drink Thickened Beverages, and Others) and Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, dysphagia supplement industry was estimated at $1.4 billion in 2022, and is anticipated to reach $2.3 billion by 2032, registering a CAGR of 4.7% from 2023 to 2033.


Request Sample of the Report on Dysphagia Supplement Market Forecast 2032-
https://www.alliedmarketresearch.com/request-sample/109636 

Prime determinants of growth

Increase in the prevalence of dysphagia and rise in awareness about dysphagia drive the growth of the dysphagia supplement market. However, availability of alternative treatment options is hampering the dysphagia supplement market growth. On the contrary, increase in geriatric population more susceptible to develop dysphagia and technological advancement in the supplement formulation are expected to offer remunerative opportunities for the expansion of the dysphagia supplement market during the forecast period.

Report coverage & details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$1.4 billion

Market Size in 2032

$2.3 billion

CAGR

4.7 %

No. of Pages in Report

224

Segments covered

Type, Distribution Channel, and Region

Drivers

Increase in prevalence of dysphagia

Rise in awareness about dysphagia

Opportunity

Surge in geriatric population

Restraint

Availability of alternative treatments

Economic Downturn Analysis: Impact of Recession in 2023 on the Dysphagia Supplement Market

  • The dysphagia supplement market is driven by surge in prevalence of swallowing problems, and increase in awareness about dysphagia and its treatments.
  • However, increased manufacturing and operating costs, shortage for raw materials, and fluctuations and adverse movement in shipping cost impact the dysphagia supplement market growth.

Want to Explore More, Connect to our Analyst- https://www.alliedmarketresearch.com/connect-to-analyst/109636 

The powder thickener segment to maintain its leadership status throughout the forecast period

Based on type, the powder thickener segment held the highest market share in 2022, accounting for nearly three-fifths of the dysphagia supplement market revenue, owing to increase in use of powder thickeners as it is easy to carry and cost effective as compared with other supplements. However, ready-to-drink thickened beverages is projected to attain the highest CAGR of 5.3% from 2023 to 2032, owing to availability of wide flavor options and surge in prevalence of dysphagia.

The hospital pharmacies segment to maintain its leadership status throughout the forecast period

Based on distribution channel, the hospital pharmacies segment held the highest market share in 2022, accounting for two-fifths of the dysphagia supplement market revenue, owing to surge in number of people taking dysphagia treatment from hospital pharmacies. However, online pharmacies segment is projected to attain the highest CAGR of 5.3% from 2023 to 2032, owing to availability of variety of supplement on online channels at a discounted price.

For Procurement Information- https://www.alliedmarketresearch.com/purchase-enquiry/109636 

North America to maintain its dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for two-fifths of the global dysphagia supplement market revenue, owing to high prevalence of dysphagia and strong presence of market key players. However, the Asia-Pacific region is expected to witness the fastest CAGR of 5.5% from 2023 to 2032, owing to development of healthcare industry, increase in awareness of dysphagia, and increase in adoption of dysphagia supplement.

Leading Market Players: -

  • Medtrition Inc.
  • Saraya Co. Ltd.
  • SimplyThick LLC.
  • Nestle S.A.
  • Danone S.A.
  • KENT Corporation
  • Flavour Creations
  • Hormel Foods Corporation
  • Fresenius SE and Co. KGaA
  • Abbott Laboratories

The report provides a detailed analysis of these key players of the dysphagia supplement market. These players have adopted product upgrade/development strategy to increase their market share and maintain dominant shares in the different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Comprehensive Healthcare Industry Research Studies:

Radiodermatitis Market - Global Opportunity Analysis and Industry Forecast, 2022–2032

Oral Cancer Treatment Market - Global Opportunity Analysis and Industry Forecast, 2022–2032

Women Health and Beauty Supplements Market - Global Opportunity Analysis and Industry Forecast, 2022–2032

Wearable Injectors Market - Global Opportunity Analysis and Industry Forecast, 2022–2032

Computed Tomography (CT) Market - Global Opportunity Analysis and Industry Forecast, 2022–2032

Empty Capsules Market - Global Opportunity Analysis and Industry Forecast, 2022–2032

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Toll Free: +1-800-792-5285
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help@alliedmarketresearch.com
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