Best Prospects In The Global Medical Foods Market And Strategies For Growth – Includes Medical Foods Market Trends
The Business Research Company’s report goes into great detail on the medical foods market size and growth, medical foods market regional analysis, medical foods market competitive landscape, and other critical information needed to excel in the medical foods industry.
Major players in the medical foods market include Nestle, Mead Johnson & Company LLC, Fresenius Kabi AG, Danone, Primus Pharmaceuticals Inc, Abbott Laboratories, Metagenics Inc, Targeted Medical Pharma Inc, Medtrition Inc, Cerecin Inc, Entera Health Inc., Vaya Pharma Inc., Physician Therapeutics LLC, Alfasigma spA, and MicroBiome Therapeutics LLC.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global medical foods market size is expected to grow from $18.36 billion in 2021 to $19.38 billion in 2022 at a compound annual growth rate (CAGR) of 5.59%. The global medical food market size is expected to grow to $24.11 billion in 2026 at a CAGR of 5.61%.
North America was the largest region in the medical foods market in 2021.
The medical foods market consists of sales of medical foods by entities (organizations, sole traders, and partnerships) that refer to foods, which are formulated to be administered or consumed under the presence of a physician, and it is intended to provide specific dietary management of a disease for which nutritional requirements are established by medical evaluation. Medical foods are exempt from the labelling requirements for nutrition content claims and health claims.
The increase in the geriatric population is significantly contributing to the growth of the medical foods market.
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Constant innovations in product development is a key trend gaining popularity in the medical foods market. The companies operating in the medical foods sector are developing innovative products with greater efficacy to cater the demand from customers with specific niche diseases such as metabolic disorders, ADHD, and others.
TBRC’s global medical foods market report is segmented:
By Type: Pills, Powder, Others
By Application: Alzheimer’s Disease, Diabetic Neuropathy, Nutritional Deficiency, ADHD, Others
By Sales Channel: Retail Sales, Online Sales, Institutional Sales
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Medical Foods Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the medical foods market globally and regionally, analyzes and forecasts market size, share, medical foods market players, medical foods market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
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