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BCC Research Report Says Growing Numbers of Elderly and Shift to Home Care is Fueling Growth in Ethical Nutrition.


WELLESLEY, Mass. -- According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a newly published BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc.  Research report, THE U.S. MARKET FOR ETHICAL NUTRITION IN HEALTHCARE (FOD FOD - /fod/ [Abbreviation for "Finger of Death", originally a spell-name from fantasy gaming] To terminate with extreme prejudice and with no regard for other people. From MUDs where the wizard command "FOD

" results in the immediate and total death of
029C), the U.S. ethical nutrition market in 2007 will reach $8 billion at U.S. manufacturers' sales levels. The growing number of elderly and critically ill, along with a shift towards home care, is continuing to fuel growth.

By 2012, it is anticipated that revenues will likely reach $9 billion, expanding at a compound annual growth rate (CAGR CAGR

See: Compound Annual Growth Rate
) of 2.3%. The total U.S. ethical nutrition market is dominated by infant and pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children.

pe·di·at·ric
adj.
Of or relating to pediatrics.
 nutritionals. In 2007, it accounts for approximately 33% of total revenues, and will reach over $3 billion by 2012, a CAGR of 3.3%.

The slowest growth will be seen by ethical nutrition supplies and equipment, increasing from $2.4 billion in 2007 to $2.5 billion in 2012.

Nutrition plays an important role in the prevention and management of many diseases. Even though there are different products and methods distinguishing each category of ethical nutrition products, the common thread they all share is the provision of nutrition. The impact of managed care and the demand for cost-effective healthcare has changed the structure of this market dramatically and altered significantly the strategies that companies use to survive and succeed.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research (www.bccresearch.com), 40 Washington Street The following streets in the United States are called Washington Street:
  • Washington Street (Alexandria), in Alexandria, Virginia
  • Washington Street (Baltimore), in Baltimore, Maryland, running near Johns Hopkins Hospital
, Suite 110, Wellesley, MA; Telephone: 866-285-7215, editor@bccresearch.com as the source and publisher, along with report number, which can be found immediately after the report title. Thank you.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 10, 2007
Words:265
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