Medical Foods Market 2019 To Reach Valued at USD 29.54 Billion And Grow at A 6.9% CAGR Forecast To 2026 | Targeted Medical Pharma, Inc., Abbott, Meiji Holdings and Co., etc.

Based on current analysis the global medical foods market was valued at USD 17.27 billion in 2018 and is expected to reach USD 29.54 billion by 2026, at a CAGR 6.9% Medical foods are planned for specific dietary management of a disease or a condition for which distinctive nutritional requirements, based on recognized scientific principles are established by medical evaluation. It is mandatory to consume medical foods under the supervision of a physician. Medical foods are to be consumed or administered enterally.

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Companies profiled for this market study
Danone, Primus Pharmaceuticals, Inc., Nestl, Abbott, Meiji Holdings and Co., Targeted Medical Pharma, Inc., Mead Johnson & Company, LLC., Accera, Inc., and Alfasigma.

Specially formulated and intended for the dietary management of a disease that has distinctive nutritional needs that cannot be met by normal diet alone are known to be medical foods. Medical foods are not required to undergo premarket review or approval by FDA. Besides, they are relieved from the labeling requirements for health claims and nutrient content claims under the Nutrition Labeling and Education Act of 1990. Medical foods are customized for both pediatric and adult use and are available in a variety of forms, including powders, liquids, capsules, tablets, and bars. Moreover, they are specialized blends of macronutrients, vitamins, minerals, phytochemicals, and botanicals or preparations composed of a single nutrient.

The rising elderly population is a major driver for the global medical foods market. They are more likely to advance nutritional disorders as well as to fall prey to other diseases that affect their capacity to absorb nutrients from their diet. Nutrition deficiency disorders are also more common among the geriatric demographic than in other patient classes, leading to the elderly population becoming a key consumer sector for the global medical foods market. The increasing prevalence of diabetes across the world is another key driver for the global medical foods market.

Type (Revenue in USD Million; 2016-2026)
Pills and tablets
Powder
Others

Applications (Revenue in USD Million; 2016-2026)
Chronic kidney disease
Minimal hepatic encephalopathy
Chemotherapy-induced diarrhea
Pathogen-related infections
Diabetic neuropathy
ADHD
Depression
Alzheimer's disease
Nutritional deficiency
Orphan diseases
Other

Route of Administration (Revenue in USD Million; 2016-2026)
Oral
Enteral

Sales Channel (Revenue in USD Million; 2016-2026)
Online Sales
Institutional Sales
Retail Sales

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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Key aspects included in the Medical Foods Market Report:

Comprehensive assessment of the existing risks and opportunities in the Medical Foods market.

Technological innovations and notable events in the Medical Foods market.

Detailed evaluation of expansion strategies adopted by industry leaders for strengthening their presence in the Medical Foods market.

A conclusive study about the growth plot of the Medical Foods market for forthcoming years.

An in-depth understanding of the Medical Foods market by way of examining drivers, constraints, and major market segments.

Accurate insights into vital technological advancements and latest market trends recorded in the historical analysis and current market scenario of the Medical Foods market.

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In conclusion, the Medical Foods Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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