The global elderly nutrition market is anticipated to witness high growth owing to increasing aging population globally. Elderly nutrition products play a vital role in meeting the daily nutritional requirements of elderly people and help them maintain overall health and wellness. Growing preference for nutritional shakes, supplements and meal replacements containing high levels of proteins, vitamins and minerals help enhance muscle mass, bone density and immunity among old age population. Products such as powder formulations, capsules and soft gels provide easy digestion and high bioavailability of essential nutrients. The rising demand for easy-to-consume and nutritious formulations is fueling the growth of the elderly nutrition industry.

The Global elderly nutrition market is estimated to be valued at US$ 594.93 Mn in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period from 2024 to 2031.



Key Takeaways

Key players operating in the elderly nutrition market are Koninklijke DSM N.V., Cabio Bioengineering (Wuhan) Co., Ltd., Corbion N.V., Lonza Group, Algisys, LLC, and Cargill, Incorporated. These players are focusing on new product launches, partnerships and geographical expansion to strengthen their market presence. Koninklijke DSM N.V. provides a wide range of nutrition solutions including Fortitea, Fortificare and Fortasyn to enhance nutrient absorption.

The elderly population presents lucrative Elderly Nutrition Market Growth opportunities for players in the elderly nutrition industry. With rising health awareness, there is growing demand for dietary supplements, medical nutrition and sports nutrition products specially formulated for the elderly. The Asia Pacific region is expected to emerge as a major market owing to large base of aging population in countries such as China and Japan. Rising disposable income and growing health expenditure is encouraging market expansion in the region.

Key opportunities in the elderly nutrition market include development of innovative and convenient product formats such as drinks, bars, soups etc. Companies are investing in research to address malnutrition among the elderly caused by conditions like dysphagia. Product customization based on regional dietary preferences also presents new opportunities for market players.





Market Drivers

Growth of the elderly population worldwide due to increasing life expectancy is a major driver for the elderly nutrition market. According to United Nations data, the share of global population aged 60 years or above is projected to double from 12% to 22% between 2015 and 2050. With rising geriatric population, the demand for nutrition products tailored for the elderly is set to surge.





Market Restraints

High costs of elderly nutrition products pose a significant challenge for market growth. Specialized formulations containing premium ingredients make them less affordable for a large section of elderly on fixed budgets. Stringent regulatory standards and complex dossiers required for new ingredients and products also restrain market expansion to some extent.

Segment Analysis

Tube feeding is the dominating sub segment in the Elderly Nutrition Market Regional Analysis. It accounts for over 30% of the market share as tube feeding helps in direct delivery of balanced nutrients to elderly patients who are unable to consume normal food orally due to certain medical conditions or swallowing difficulties. Tube feeding offers precision in nutrient delivery to prevent malnutrition and supports recovery from illnesses.



Oral nutritional supplements are the second largest sub segment. They are easy to administer through oral consumption and help fulfill the daily nutritional requirements of elderly people experiencing loss of appetite or difficulty in chewing and swallowing food. Oral nutritional supplements come in various formats like drinks, gels and puddings to suit different tastes and preferences.



Global Analysis

North America dominated the global elderly nutrition market and accounted for over 35% of the total market share in 2024. Rising elderly population, growing prevalence of chronic diseases, and increasing healthcare expenditure in the US and Canada are major factors driving the elderly nutrition market in North America. Asia Pacific is projected to be the fastest growing region during the forecast period. Improving medical infrastructure and increasing focus on preventive healthcare in China and India will fuel the demand for elderly nutrition products in Asia Pacific.

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About Author:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)