South Korea Parenteral Nutrition Amino Acids Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.15 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The South Korea Parenteral Nutrition Amino Acids Market is witnessing rapid growth due to the increasing demand from healthcare and pharmaceutical industries. Parenteral nutrition (PN) is a vital method of providing nutrition to patients who cannot consume food orally or absorb nutrients through the digestive system. Amino acids, a crucial component of PN, play a significant role in maintaining muscle mass, immune function, and overall recovery, especially for patients undergoing surgery, trauma, or those with chronic illnesses.
In South Korea, the market for parenteral nutrition amino acids is expanding due to several factors. One of the key drivers is the rising prevalence of diseases such as cancer, gastrointestinal disorders, and malnutrition, which increases the demand for PN solutions. The aging population in South Korea further amplifies the need for effective medical nutrition, as elderly individuals are more likely to experience malnutrition and require parenteral nutrition support.
Industries in South Korea, including hospitals, clinics, and long-term care facilities, are major consumers of parenteral nutrition amino acids. These sectors rely heavily on high-quality and reliable amino acid formulations to provide optimal care for patients in critical conditions. Hospitals, in particular, require specialized amino acid solutions tailored to individual patients’ needs, especially those who have difficulty absorbing nutrients from conventional feeding methods.
The pharmaceutical industry in South Korea plays a crucial role in the development and supply of parenteral nutrition products. Research and development activities focused on amino acid formulations are continuously improving the quality, efficiency, and safety of parenteral nutrition solutions. South Korean manufacturers are also looking to expand their presence in international markets, capitalizing on the growing global demand for parenteral nutrition.
Regulatory bodies in South Korea ensure that parenteral nutrition amino acids meet stringent quality and safety standards, which further boosts the credibility and reliability of the products in the market. These regulations contribute to building trust among healthcare providers and patients alike.
As healthcare systems continue to evolve, the demand for specialized nutritional solutions like parenteral nutrition amino acids will likely remain strong, driving the market's growth and encouraging innovation in the sector.
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Fresenius Kabi
B. Braun
Baxter
Kelun Pharma
Otsuka Pharmaceutical
Haisco Pharmaceutical Group
King York
Cisen
Lummy Pharmaceutical
Grand Life Sciences
BBCA Pharmaceutical
Biokin Pharmaceutical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Parenteral Nutrition Amino Acids Market
Essential Amino Acids
Non-Essential Amino Acids
Conditionally Essential Amino Acids
Hospitalized Patients
Outpatient Care
Home Care Settings
Healthcare Facilities
Long-term Care Facilities
Home Health Agencies
Pharmaceutical Companies
Intravenous (IV) Nutrition
Peripheral Parenteral Nutrition (PPN)
Centrally Administered Parenteral Nutrition (CPN)
Liquid Formulations
Powder Formulations
Ready-to-Use Solutions
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Parenteral Nutrition Amino Acids Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Parenteral Nutrition Amino Acids Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Parenteral Nutrition Amino Acids Market, By Type
6. South Korea Parenteral Nutrition Amino Acids Market, By Application
7. South Korea Parenteral Nutrition Amino Acids Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Parenteral Nutrition Amino Acids Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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