Medical Foods Market size was valued at US$ 22.24 Bn in 2021 and the total revenue is expected to grow at 5.2% through 2022 to 2029, reaching nearly US$ 31.71 Bn.
Medical Foods Market Overview:
The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current Medical Foods Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date Medical Foods Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the Medical Foods market size and share as well as a wide range of industrial verticals.
Medical Foods Market Scope:
This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Medical Foods market. The study also identified important impending changes that will have an impact on demand over the forecast period.
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Medical Foods Market Segmentation:
The market for medical foods is expected to expand alongside the oral administration sector.
Oral delivery held a 70.9% market share in 2021. Due to the high economic viability of orally delivered products and the widespread preference for orally administered medicinal meals due to their ease of use, this high percentage is the result. Oral supplements come in a variety of formats, including powders, pills, puddings, and pre-thickened goods. Patients with Crohn's disease can replenish their nutritional requirements by using Modulen, a Nestle medical food.
The enteral administration sector is expected to grow at a healthy rate during the projection period. Increased rates of persistent illnesses like cancer and cardiovascular conditions, which cause a number of metabolic disorders,
Medical Foods Market Key players:
• Danone
• Nestle Nutrition
• Abbott Nutrition
• Targeted Medical Pharma, Inc.
• Primus Pharmaceuticals, Inc.
• Mead Johnson & Company, LLC.
• Medtrition, Inc.
• Fresenius Kabi AG
• Reckitt Benckiser Group plc
• Meiji Holdings and Co., Ltd.
• Cerecin Inc.,
• Metagenics, Inc.
• Alfasigma Group
• Dutch Medical Food
• Agilent Technologies
• Swiss Medical Food AG
Regional Analysis:
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Medical Foods market growth in different nations.
The Medical Foods market research has been divided into various important regions, as follows:
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The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:
Key offerings:
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Mar 07, 2023