Press release
Ready-To-Use Therapeutic Food Market Growth Drivers, Segmental Analysis, Opportunities and Trends 2023-2032
Ready-To-Use Therapeutic Food (RUTF) Market size was valued at USD 363.72 Million in 2021 and is projected to reach USD 807.89 Million by 2030, growing at a CAGR of 10.5% from 2022 to 2030.Governments and non-governmental organisations are funding the distribution of ready-to-use therapeutic foods to these malnourished children in African and Asian countries, which is advancing the field of ready-to-use therapeutic foods. Additionally, an increase in calamities and disasters, as well as more people, government organisations, and NGOs becoming aware of healthy child diets and supplements, boosts market growth.
The market is comprehensively evaluated in the study on the market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.
These dishes are made with a paste made of peanuts, sugar, oil, and powdered milk. Ready-to-use therapeutic food is convenient to consume, doesn't need to be refrigerated, is inexpensive, and has a long shelf life. This tool helps youngsters live healthier lives while also saving money. The American Journal of Clinical Nutrition reported that 98% of kids who received RUTF treatment were well-nourished after six months and 96% were after a year.
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Global Ready-to-use Therapeutic Food Market: Segmentations
Global Ready-to-use Therapeutic Food Market: By Key Players
Diva Nutritional Products
InnoFaso
Insta Products
Mana Nutritive Aid Products
Nutriset
NutriVita Foods
Power Foods
Tabatchnik Fine Foods
Global Ready-to-use Therapeutic Food Market: By Types
Solid
Semi-Solid Paste
Drinkable Therapeutic Food
Global Ready-to-use Therapeutic Food Market: By Applications
Food Industry
Medical Industry
Global Ready-to-use Therapeutic Food Market: Regional Analysis
The countries covered in the regional analysis of the Global Ready-to-use Therapeutic Food market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits of the Report:
• The report provides a detailed global ready-to-use therapeutic food market analysis based on competitive intensity and how the competition will take shape in coming years.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global ready-to-use therapeutic food market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global ready-to-use therapeutic food market growth scenario.
• This study presents the analytical depiction of the global ready-to-use therapeutic food industry along with the current trends and future estimations to determine the imminent investment pockets.
• Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
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Market Opportunities:
• Growing research for developing alternative of raw materials used for the preparation of ready to use therapeutic food.
• At present RUTF products are prepared by using peanuts, vitamins and minerals, oil, and milk powder which are significantly high, resulting in a higher cost of the end product.
• In order to deal with this, various manufacturer are conducting research and development activities for developing a cost-effective substitute for these raw materials.
• The rising focus of manufacturers to launch of bar and biscuits RUTF products is expected to lucrative growth opportunity to the market of RUTF.
More Reports :
Global Food Thickeners Market : https://mymorningbulletin.com/2022/10/11/global-food-thickeners-market/
Global Probiotic Drinks Market : https://mymorningbulletin.com/2022/10/11/global-probiotic-drinks-market/
Global Naturally Healthy Foods Market : https://mymorningbulletin.com/2022/10/11/global-naturally-healthy-foods-market/
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