Ready-To-Use Therapeutic Food Market Growth and Demand Analysis By Global Top Key Players Like and Others 2019-2029
A team of research analysts at ResearchMoz has conducted a primary research session that involves research on the leading producers in the RUTF industry, key raw materials used in the production of ready-to-use therapeutic food products and their suppliers, and recently observed trends in production as well as consumption of RUTF. The research then focuses on the potential of the global market to be anticipated in near future and the key factors that are impacting the stability of the product in market. It further includes latest regional trends and regulatory standards that are being followed in the industry. This part of the report also throws light on government plans and forecasts for the distribution of RUTF products across the global market.
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The research has involved interaction with leading manufacturers in the industry, in addition to the information about the leading technologies used in the production. Manufacturers have been interviewed by a team of analysts to know what the preferred choices for production process are, what the target markets are, what product offerings they prefer to include in portfolio, and what exactly determines the frequency of new product launches.
High Demand for Drinkable Therapeutic Foods
Formulations which can be ingested in a liquid form are slated to emerge as the most prominent category of ready-to-use therapeutic foods. Since a majority of the malnourished population cluster falls in the below 5 years’ age group, sales of drinkable foods is surging.
Infants do not yet have a fully developed digestive system. Therefore, they require formulae which are easy to break down and absorbed by the bloodstream. Therapeutic foods in liquid form help achieve this objective. A staggering double-digit CAGR is predicted for the drinkable therapeutic foods segment.
Demand Growing Outside of Traditional Markets
The Middle East & Africa region is slated to generate potential green spaces for ready-to-use therapeutic food manufacturers. Many African countries have high levels of malnutrition, and efforts to mitigate through pragmatic options are underway.
Several NGOs such as UNICEF and WFP as well as various government organizations are augmenting their presence in countries such as Kenya, Malawi, Nigeria and Ethiopia, some of the world’s poorest countries. The region is slated to register a substantially high CAGR throughout the forecast period.
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COVID-19 Impact on Ready-to-Use Therapeutic Food Market
The COVID-19 pandemic has amplified the risk of acute malnutrition among the poorest sections of the society. In the face of government-mandated shutdowns, millions of people have become unemployed, especially in the agriculture sector, thus disrupting critical nutrition enhancement programs.
The impact has been especially drastic across the developing and underdeveloped worlds. It is apprehended that severely malnourished children are at a dangerously high risk of contracting the novel coronavirus due to weakened immunity. The same is true for the geriatric population.
Hence, manufacturers are implementing several arrangements to ensure that the availability of ready-to-use therapeutic foods is not hampered. As a result, sales have largely been sustained throughout the course of the pandemic, and is expected to remain so in the future.
Market Taxonomy: Overview
By Product Type
Drinkable therapeutic food
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The report, in its final section, provides insightful information on the profiles and recent developments of the leading vendors in the global ready-to-use therapeutic food market. The competitive landscape of the global market report for RUTF offers a competition dashboard that briefs each companys financial status, key strategies and recent innovations, and product offerings. It also provides readers with a quick list of key manufacturers in the global industry of ready-to-use therapeutic food products.
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