Elderly Nutrition Market Poised to Register High Growth Due to Increasing Health Awareness Among Elderly Population
The elderly nutrition market comprises nutritional products meant to cater the nutritional needs of elderly population aged over 65 years. These products include both food and supplements which helps in managing common health issues among geriatric population like chronic diseases, weight management issues, bone and joint disorders. The need for specially formulated products for elderly arises due to factors like lower appetite, impaired digestive functioning and ability to absorb essential nutrients. Rising health concerns among geriatric population along with increasing population rate has fuelled the demand for elderly nutrition products globally. The global elderly nutrition market is estimated to be valued at US$ 29048.57 Mn in 2024 and is expected to exhibit a CAGR of 7.1% over the forecast period of 2024 to 2030. The increasing health awareness along with improving geriatric healthcare infrastructure is positively influencing the market growth. With growing number of nuc...