Medical Foods Market Valuation to Hit USD 30.2 Billion by 2030 at 6.2% CAGR - Report by Market Research Future (MRFR)

Medical Foods Market Trends and Insights by Nutritional Ingredients (Vitamins Minerals, Proteins, Omega-3, Isoflavones, Phytosterols), Ailment (Alzheimer's Diseases, Diabetic Neuropathy, Nutritional Deficiency, Depression), Form and Region Competitive Market Growth, Size, Share and Forecast till 2030


New York, USA, June 20, 2022 (GLOBE NEWSWIRE) -- Medical Foods Market Overview

According to a Comprehensive Research Report by Market Research Future (MRFR), “Medical Foods Market Information By Nutritional Ingredients, Ailment, Form, and Region - Forecast till 2030", the market will touch USD 30.2 billion by 2030, a 6.2% CAGR.

Medical Foods Market Synopsis

Medical meals are custom-made liquid solutions created with the sole purpose of curing persons suffering from various illnesses. Professionals provide the designed meal to people suffering from various illnesses. Likely, medical food won't be available in regular diet form. It is a specially prepared diet that provides patients with adequate nutrients. Medical meals were created to treat children's malnutrition and inborn metabolic errors. Medical foods aren't the only meals that a doctor suggests as part of a general diet to help manage symptoms or minimize the risk of an illness or condition. Medical foods do not include all foods given to patients with conditions that require nutritional care.

Companies with diverse product portfolios for various indications can maintain a firm hold on the medical foods market and generate consistent revenue through many business areas. If those product development methods evolve in response to unfulfilled indication categories, demand for better services and product candidates is expected to skyrocket. Manufacturers are developing products for new illness indications, fueling the growth of the medical food market. Medical food is specifically tailored to meet the nutritional and metabolic demands of those suffering from a specific illness. Medical food is made specifically for a patient's oral intake or enteral feeding via a catheter tube.

Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/4915

Report Scope:

Report AttributeDetails
Market SizeUSD 30.2 billion
CAGR6.2%
Base Year2021
Forecast Period2022-2030
Historical Data2020
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Nutritional Ingredients, Ailment and Form
Geographies CoveredNorth America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market DriversIncreasing chronic diseases
Increasing awareness of nutritional benefits.

Medical Foods Market Competitive Landscape:

The promising companies in the medical food market are:

  • Mead Johnson & Company, LLC (U.S.)
  • Danone (France)
  • Nestlé (Switzerland)
  • Abbott (U.S.)
  • Primus Pharmaceuticals Inc. (U.S.)
  • Targeted Medical Pharma Inc. (U.S.)
  • Fresenius Kabi AG (Germany)

Medical Foods Market USP Covered:

Market Drivers:

The market for medicinal foods is growing in response to the rising prevalence of chronic diseases. Dementia, stroke, leukemia, and multiple sclerosis are common chronic disorders. Over the forecast years, the market is expected to rise due to the rising frequency of infectious and non-communicable diseases and increased effort for the dietary management of those disorders.

These diseases make it difficult for patients to swallow meals. As a result, medical food is given to these individuals. With the medical meal, these patients' nutritional levels remain balanced. Medical food, according to sources, helps Alzheimer's patients recover faster. There have been numerous favorable outcomes for these people who have consumed medical food. The expanding geriatric population also drives medical food consumption.

Market Restraints:

The lack of understanding regarding medical food in many places is a market restraint. In many areas, medicinal food's necessity and advantages are yet unknown. A lack of awareness may hamper the market for medical foods. Utilization of these medical meals may decrease as a result of less exposure.

Browse In-depth Market Research Report (110 Pages) on Medical Foods: https://www.marketresearchfuture.com/reports/medical-foods-market-4915

COVID 19 Analysis

The global pandemic is wreaking havoc on industries, both medically and economically. On the other hand, the medical food market is changing positively. During this time, medical foods are widely used. For COVID patients, deictic care is critical. Individuals are also suffering from dietary deprivation due to the protracted lockdown. The demand for medical meals rises as a result. During this time, the medical lector is under tremendous stress. Furthermore, the COVID-19 pandemic supports the market's growth and is expected to continue in the next years. Medical meals are predicted to play an important part in the recovery process of people who have been diagnosed with the disease.

Furthermore, due to the pandemic's increased demand for critical care services, the demand for nutritional needs and dietetic treatment is growing, accelerating market saturation, growth, and acceptance of medical foods. As a result, the COVID-19 pandemic is expected to drive market expansion over the projection period.

More medical foods are being used in rehabilitation clinics. Patients' recovery from disease is accelerated because of this medical meal. During the forecast period, medical foods will gain more popularity. A new type of medical food will be available in the future years. With increasing research, the medical foods business is fast growing. It will expand the number of medical food options available. This will result in a rapid expansion of the medical food sector.

Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=4915

Medical Foods Market Segmentation

By Administration

The oral segment will shape the global market in the forecast period.

By Product

The powder segment will have a major chunk in the upcoming period.

By Application

The nutritional deficiency segment will have a considerable role in market expansion through the forecast period.

By Sales Channel

The institutional sales segment will guide the overall segment in the forecast period.

Medical Foods Market Regional Insights

Chronic diseases are so common in North America and are one of the main reasons for high demand. North America will experience rapid growth due to its high investment rate. The greatest market for medicinal foods in Asia-Pacific has a high demand. The market is growing due to an increase in the usage of medical food items by healthcare professionals and patients.

Share your Queries @ https://www.marketresearchfuture.com/enquiry/4915

Due to the accumulating number of cancer and diabetic patients and various government initiatives in the healthcare sector, the Asia-Pacific region is expected to be the fastest-growing regional market over the projection period. Chronic diseases like obesity, cancer, diabetes, malnutrition, and cardiovascular disease are common in Asia-Pacific. As a result, the demand for medical meals is always increasing. On the other hand, medical foods are in moderate demand throughout Europe. However, the market's expansion is being hampered by fewer investments.

Discover more research Reports on Healthcare Industry, by Market Research Future:

Chromatography Columns Market Research Report: Information by Column Type (Normal Phase Chromatography Columns, Pre-Packed Chromatography Columns, Automated Chromatography Columns), by Chromatography Type (Ion Exchange Chromatography, Affinity Chromatography, Gas Chromatography, Size Exclusion Chromatography) by Application (Anion & Cation Exchange, Sample Preparation, Resin Screening, Protein Purification, Desalting), byEnd User (Research Institutes, Pharmaceutical Biotechnology Companies, Food & Beverage Manufacturers) and by Region, Forecast to 2030

Viral Vectors and Plasmid DNA Manufacturing Market Research Report: Information by Vector Type (Plasmid DNA, Viral Vector, Non-viral Vector), by Disease Type(Cancer, Genetic Disorder, and Infectious Disease), by Applications (Antisense & RNAi Therapy,Gene Therapy,Cell Therapy, Vaccinology, and Research), by Workflow (Upstream Processing and Downstream Processing), by End User (Pharmaceutical and Biopharmaceutical Companies, and Research Institutes) and by Region (North America, Europe, Asia-Pacific, and Rest of the World) – Forecast to 2027

Pharmaceutical Sterility Testing Market: by Sample (Sterile Drugs, Medical Devices, and Biologics), by Product Type (Instruments, Kits & Reagents, and Services), by Type (In-house and Outsourcing), by Test Type (Sterility Testing, Bioburden Testing, and Bacterial Endotoxin Testing), by End User (Compounding Pharmacies, Medical Devices Companies, Pharmaceutical Companies, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast to 2027

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter

 

Coordonnées