Press release
Medical Foods Market is expected to reach USD 34.23 billion by 2030 : Cognitive Market Research
Medical Foods Market is expected to reach USD 34.23 billion by 2030 : Cognitive Market Research
- Medical food is a specially formulated food that is consumed under the medical physicians' supervision for the specific dietary management of a disease or condition. They are designed to provide nutritional support for people with specific medical conditions or diseases that cannot be met through normal dietary measures alone. These products are typically formulated with specific nutrients, such as amino acids, vitamins, minerals, and other dietary components, that are known to be beneficial for managing a particular medical condition or disease.
Summary:
• The Global Medical Foods Market is projected to grow at a CAGR of 5.4% during the forecast period of 2023-2030.
• the major driving factor for the growth of the Medical Foods market.
• North America accounted for the largest market share in the Global Medical Foods Market.
"To know more The Medical Foods Market statistics click here: https://www.cognitivemarketresearch.com/medical-foods-market-report
Market Dynamics:
- The growing awareness among healthcare providers and patients about the potential benefits of medical foods in managing various medical conditions, the aging population, and the increased prevalence of chronic diseases are some of the major factors increasing the demand for medical foods. Moreover, the increasing introduction of new and improved medical food products has contributed to increased demand. Thus, accelerating the growth of the medical foods market globally.
Market Segmentation:
Route of Administration:
• Oral
• Enteral
- Based on the route of administration, the oral segment held the major share in the year 2022. This is attributed to the growing preference for oral medical foods due to ease of consumption and increasing manufacturing of oral products.
Product:
• Pills
• Powder
• Liquid
• Others
- Based on product, the powder segment accounted for the largest revenue share in the year 2022 owing to its potential benefits of using powder medical foods such as customizable dosing, easy-to-consume, and variety of flavours.
Application:
• Chronic Kidney Disease
• Minimal Hepatic Encephalopathy
• Chemotherapy-induced Diarrhoea
• Pathogen Related Infections
• Gastrointestinal Disorders
• Diabetic Neuropathy
• ADHD
• Depression
• Alzheimer's Disease
• Nutritional Deficiency
• Orphan Diseases
• Wound Healing
• Chronic Diarrhea
• Constipation Relief
• Protein Booster
• Dysphagia
• Pain Management
• Parkinson's Disease
• Epilepsy
• Other Cancer-Related Treatments
• Severe Protein Allergy
• Others
The Major Players in Medical Foods Market are:
Danone, Nestle, Abbott, Targeted Medical Pharma Inc., Primus Pharmaceuticals Inc., Mead Johnson Company, Fresenius Kabi AG, Horner health labs, Lyons Magnus, Medtrition
Get free sample pages of latest published Medical Foods Report:
https://www.cognitivemarketresearch.com/medical-foods-market-report#request_sample
Regional Analysis:
- North America is a leading region of the Medical Foods market.
Geographically, North America accounted for the major revenue share in the year 2022 owing to the rising prevalence of chronic diseases, the presence of a larger number of players increasing research by key players on the potential benefits of medical foods, there has been increased innovation in product development. This has led to the introduction of new and improved medical food products, which has contributed to increased demand.
News:
- Abbott plans to release Metabolic Nutrition Formulas
In April 2022, Abbott is releasing limited quantities of metabolic nutrition formulas that were previously on hold. The products have been tested and comply with all product release requirements before distribution.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Medical Foods Market
• 3.1 Global Medical Foods Market Size 2018 - 2030, (USD Million)
• 3.2 Global Medical Foods Market Statistics 2022: Snapshot
Chapter 4 Global Medical Foods Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Medical Foods Market by Product Segmentation Analysis (2018-2030)
Chapter 9 Global Medical Foods Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Medical Foods Market by Route of Administration Segmentation Analysis (2018-2030)
Chapter 11 Global Medical Foods Market Regional Analysis
Chapter 12 North America Medical Foods Market Outlook (2018 - 2030)
Chapter 13 Europe Medical Foods Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Medical Foods Market Outlook (2018 - 2030)
Chapter 15 Latin America Medical Foods Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Medical Foods Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Medical Foods Market TOC click here: https://www.cognitivemarketresearch.com/medical-foods-market-report#table_of_contents
Related Reports:
• Enteral Feeding Formulas Market - https://www.cognitivemarketresearch.com/enteral-feeding-formulas-market-report
• Medical Food for Inborn Errors of Metabolism Market - https://www.cognitivemarketresearch.com/medical-food-for-inborn-errors-of-metabolism-market-report
• Infant Formula Market - https://www.cognitivemarketresearch.com/infant-formula-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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