Press release
Food for Special Medical Purpose (FSMP) Market key drive and Regional Share, Trends, Competitor Analysis to 2025
This study researches the market size of Food for Special Medical Purpose (FSMP), presents the global Food for Special Medical Purpose (FSMP) sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.This report focuses on the key data information of Food for Special Medical Purpose (FSMP) in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Food for Special Medical Purpose (FSMP) for each region and countries in each region.
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Foods for special medical purposes (FSMP) are a sub-category of foods intended for particular nutritional uses (PARNUT), also called “dietetic foods.” FSMPs are intended for the dietary management of diseases in patients with impaired digestive function such as absorption, making them the most medically-oriented food category.
The 'Global and Chinese Food for Special Medical Purpose(FSMP) Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Food for Special Medical Purpose(FSMP) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Food for Special Medical Purpose(FSMP) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2012-2017 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Food for Special Medical Purpose(FSMP) industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2017-2022 market development trends of Food for Special Medical Purpose(FSMP) industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Food for Special Medical Purpose(FSMP) Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2012-2022 global and Chinese Food for Special Medical Purpose(FSMP) industry covering all important parameters.
China’s National Health and Family Planning Commission (NHFPC) developed three national standards for FSMP products: General Principles for FSMP, General Principles for FSMP for Infants, and Good Manufacturing Practice (GMP) for FSMP (collectively, the FSMP National Standards). The recently amended Food Safety Law of China embodies this concept and authorizes the CFDA to develop a pre-market approval system for FSMP products imported, manufactured and/or marketed in China:
CFDA follows the FSMP National Standards, and classifies FSMP Products into four categories: (i) Nutritionally Complete FSMP; (ii) Specific Nutritionally Complete FSMP; (iii) Nutritionally Incomplete FSMP; and (iv) FSMP for Infants.
All categories of FSMP products must go through a product registration process with the CFDA, which is similar to the one currently applicable to drugs and medical devices. Registration of certain FSMP products, e.g., Specific Nutritionally Complete FSMP, would require clinical studies in China, and the CFDA would develop separate Good Clinical Practices (GCPs) to guide such studies.
Manufacturers would be the owner of FSMP product registrations in China. To obtain and maintain product registrations, local manufacturers need to have an FSMP manufacturing license issued by the CFDA and comply with GMP requirements, while foreign manufacturers would be subject to the CFDA’s audit of their manufacturing sites outside China.
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To market FSMP products, manufacturers cannot make any claim relating to disease prevention or treatment on FSMP labels, and must instruct customers to use the products under the supervision of physicians or clinical nutritionists.
Each FSMP product registration would be valid for five years, and the statutory timeline for the CFDA to review and approve each product registration is from 135 to 175 working days.
In 2018, the global Food for Special Medical Purpose (FSMP) market size was 10600 million US$ and is forecast to 16600 million US in 2025, growing at a CAGR of 5.8% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Food for Special Medical Purpose (FSMP).
This report includes the following manufacturers; we can also add the other companies as you want.
Nestle
Danone Nutricia
Abbott
Bayer
MeadJohnson
Ajinomoto
BOSSD
LESKON
EnterNutr
Market Segment by Product Type
Nutritionally Complete Foods
Nutritionally Complete Foods with a Disease
Nutritionally Incomplete Foods
Market Segment by Application
Infants & Young Children
Adult
The Old
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