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Rx Medical Food Market - Global Industry Trends ,Size, Status and Forecast 2018-2025
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Medical food is a category of products for dietary management or supportive therapy for specific disease or medical conditions such as pulmonary and metabolic disorders.
Ingredients used in medical foods must have generally recognized as safe (GRAS) status, which is assigned to naturally found food materials. Medical food is different from nutritional food, dietary supplements, and prescription drugs. Medical food is protein-based, nutrient-based (Omega 3 fatty acids, chelated zinc, and isoflavones), and may contain minerals and vitamins such as folic acid and thiamine. These products are prescribed by physicians or taken under their supervision.
Growing regulatory support, increasing awareness about medical food in emerging economies and advantages over drug therapies are expected to be the major factors driving growth of the global Rx medical food market over the forecast period.
In 2017, the global Rx Medical Food market size was 15500 million US$ and it is expected to reach 26700 million US$ by the end of 2025, with a CAGR of 7.0% during 2018-2025.
The key players covered in this study
Abbott Laboratories
Danone
Mead Johnson & Company, LLC.
Fresenius Kabi AG
Nestle
Primus Pharmaceuticals, Inc.
Targeted Medical Pharma
Pivotal Therapeutics
Enzymotec Ltd.
AlfaSigma
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Market segment by Type, the product can be split into
Pills
Powders
Liquids
Others
Market segment by Application, split into
Pain Management
Sleep Disorder
Neurological Disorder
GI Disorder
Pulmonary Disorders
Metabolic Disorders
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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