New York, NY, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “RUTF & RUSF Market By Product (RUTF and RUSF), by Form (Solid, Powder, and Paste), and by End-Users (Organizations [UNICEF, WFP, and NGO], and Retail): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017– 2024”. According to the report, the global RUTF & RUSF market was valued at around USD 459.12 million in 2017 and is expected to reach approximately USD 809.43 million by 2024, growing at a CAGR of around 8.50% between 2018 and 2024.
Ready-to-use therapeutic food is a term used to refer to the food which has special nutritional values. It is made up of powdered milk, vitamin, vegetable oil, peanuts, sugar, and minerals. It can be directly consumed as it doesn’t need to be mixed along with water or any other base liquid. It can sustain for three to four months even at tropical temperature without refrigeration. RUTF has 2.5% moisture content and provides approximately 550 Kcal/100g with 12% protein. In addition, its nutritional composition includes sodium, potassium, calcium, phosphorus, magnesium, calcium, phosphorus, zinc, iron, copper, selenium, iodine, vitamin A, D, E, K, B1, B2, B6, B12, C, folic acid, niacin, biotin, pantothenic acid, n-6 fatty acid, and n-3 fatty acid.
Browse through 54 Tables & 23 Figures spread over 110 Pages and in-depth TOC on “Global RUTF & RUSF Market: By Type, Size, Share, Industry Applications, Segments Analysis and Forecast, 2017– 2024”.
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RUSF are formulated to supply all the essential nutrients required to maintain body function for normal growth. It is highly effective in the treatment of various forms of acute malnutrition such as nutritional marasmus, kwashiorkor, and other forms of severe wasting. Various organizations provide RUTF for treatment of severe acute malnutrition in hospitals and other community-based therapeutic care in several countries. RUTF was found to be excellent for the treatment of children for acute malnutrition in various studies. It is useful in emergency situations and refugee camps where there is very less access to food for children.
These organizations along with various government-funded initiatives are focusing on allocating funds for the purchase and distribution of RUTF and RUSF in underprivileged countries in Africa.
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Based on the type, the RUTF and RUSF market is bifurcated into RUTF and RUSF. In 2017, RUTF segment accounted for the largest market share in terms of revenue. The high demand for RUTF is driven by increasing government and non-government organization initiative for the treatment of SAM. On the basis of form, the RUTF and RUSF market is segmented into powder, solid, and paste. In terms of revenue, the paste segment is anticipated to show the fastest growth as it is easy to store for a longer time. By end user, the RUTF and RUSF market is segmented into UNICEF, WFP, and NGO.
North America is the largest market for ready-to-use supplementary food and therapeutic food which is anticipated to grow significantly during the forecast period. Rising local manufacturers involved in the production of RUTF & RUSF in the region is the chief factor driving the demand for RUTF and RUSF market in the region. These manufacturers are involved in the supply of these products to African countries such as Nigeria, Sudan, Kenya, Burkina Faso, and Ethiopia, which is anticipated to fuel the RUTF and RUSF market growth in the near future. Moreover, funding from various organizations such as USAID/ OFDA (office for foreign disaster assistance) for the procurement of RUTF (on large scale) and RUSF (on small scale) in the emergency operation to NGOs is anticipated to affect the RUTF and RUSF market positively. Other organizations such as the World Bank often provide funding especially for the treatment of SAM & MAM which is projected to fuel the RUTF and RUSF market growth. Various strategies developed by UNHCR (United Nation High Commission For Refugees) to reduce anemia and micronutrient deficiencies among the refugee population using RUSF is anticipated to fuel the RUTF and RUSF market in the region.
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Europe is the major region in terms of revenue for RUTF and RUSF market. Growing supply of RUTF & RUSF to UNICEF and other NGOs is projected to fuel the RUTF and RUSF market growth in the region. Increasing emphasis of these companies on rising production of these products is anticipated to boost the RUTF and RUSF market in the region. In addition, funding from ECHO (European Commission Humanitarian Office) for RUTF on large scale is anticipated to increase the demand for ready-to-use supplementary food and therapeutic food in near future.
Asia Pacific region is anticipated to show significant growth in RUTF and RUSF market. Increasing concern for child mortality and malnutrition treatment by governments and the non-governmental organizations (NGOs), is anticipated to boost the RUTF and RUSF market which is going to witness substantial growth. Implementation of CAMAM in many of the south-east Asian countries like India, Bangladesh, Pakistan, and Burma is anticipated to affect the RUTF and RUSF market positively.
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The Middle East and Africa is anticipated to show moderate growth in RUTF and RUSF market during the forecast period. Rising government and NGO concerns regarding malnutrition and its treatment are anticipated to fuel the supplementary food and therapeutic food market growth. Furthermore, the rising number of emergencies and disasters is projected to increase the RUTF and RUSF market during the forecast period.
The global RUTF & RUSF market comprises of chief players accounting for the major share of the market in 2017. Some of the key players have been focusing on research & development, novel product launches, maintaining the quality of the product and nutritional advancement, in order to retain their influence in the market. Some of the key players are InnoFaso, Valid Nutrition, Nutriset SAS, Meds & Food For Kids, Hilina, Edesia USA, Samil Industrial Co., Mana Nutritive Aid Products, Insta Products, Diva Nutritional Products, GC Rieber Compact AS, Kaira District Cooperative, Nuflower Foods & Nutrition Pvt., Tabatchnik Fine Foods, NutriVita Foods, and Power Foods Tanzania, and others.
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This report segments the global RUTF & RUSF market as follows:
Global RUTF & RUSF Market: Product Type Segment Analysis
Global RUTF & RUSF Market: By Form Analysis
Global RUTF & RUSF Market: End-User Analysis
Global RUTF & RUSF Market: Regional Segment Analysis
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