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Medical Foods Market is projected to exhibit a CAGR of 5.1%, with an estimated worth of US$ 37.65 Billion by year 2032 end | PMR

04-19-2024 02:22 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Medical Foods Market

Medical Foods Market

๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก'๐ฌ ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฌ๐ญ๐ฎ๐๐ฒ ๐ซ๐ž๐ฏ๐ž๐š๐ฅ๐ฌ ๐ญ๐ก๐š๐ญ ๐ญ๐ก๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐…๐จ๐จ๐๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ๐Ÿ’.๐ŸŽ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ž ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ•.๐Ÿ”๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ“.๐Ÿ% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐. ๐•๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ญ๐ก๐ž ๐๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐ฆ๐ž๐๐ข๐œ๐š๐ฅ ๐Ÿ๐จ๐จ๐๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:

โ€ข The market is driven by the growing pervasiveness of detrimental illnesses. These illnesses involving diabetes, cardiovascular situations, obesity, and metabolic illnesses are escalating worldwide.
โ€ข The demand for medical foods has escalated because of the evolving geriatric population, altering consumer inclination, and escalating consciousness of the significance of prohibitive healthcare.
โ€ข With the advancements in research and development, medical food commodities are becoming increasingly productive, which has caused a notable escalation in demand.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/medical-foods-market/request-for-sample

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐…๐จ๐จ๐๐ฌ?
Medical foods are a distinct bracket of commodities that are deliberated for utilization under the guidance of physicians to manage particular situations. As per the FDA, medical foods are expounded as food that is composed to be exhausted or provided enterally under the guidance of a physician and which is deliberated for the particular dietary management of an illness or a situation for which typical nutritional needs dependent on identified scientific concepts are founded by medical assessment so they are outlined to offer particular nutrients or amalgamation of nutrients to reinforce the dietary management of a specific condition. Medical foods comprising components such as omega-3 fatty acids, B vitamins, and anti-oxidants have been portrayed to reinforce brain health and enhance cognitive functions in persons with Alzheimer's disease.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The escalating demand for medical foods has propelled prominent suppliers to enhance their market standing through schemes such as advancing contemporary product expressions, conspiring with prevailing market contenders, or buying compact and average makers. The noted players in the medical food market include:

โ€ข Abbott
โ€ข Danone
โ€ข Fresenius Kabi
โ€ข Friso
โ€ข Mead Johnson & Company, LLC
โ€ข Medtrition, Inc.
โ€ข Morinaga Milk Industry
โ€ข Nestlรฉ S.A.
โ€ข Primus Pharmaceuticals, Inc.
โ€ข Targeted Medical Pharma, Inc.

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/3022/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
โ€ข The medical foods market segmentation is primarily based on product, route of administration, application, and region.

โ€ข By product analysis, the powder segment accounted for the largest market share owing to a rise in pediatric and geriatric patients with detrimental illnesses.

โ€ข By route of administration analysis, the oral segment held a significant revenue share due to the widespread usage of oral management for clinical foods.

๐—•๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜ :
โ€ข Pills
โ€ข Powder
โ€ข Liquid
โ€ข Others

๐—•๐˜† ๐—ฅ๐—ผ๐˜‚๐˜๐—ฒ ๐—ผ๐—ณ ๐—”๐—ฑ๐—บ๐—ถ๐—ป๐—ถ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป :
โ€ข Oral
โ€ข Enteral

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/medical-foods-market

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐…๐จ๐จ๐๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The powder segment dominated the market in 2022, driven by its extensive availability, convenience, and customization to cater to various age groups and patient needs.

โ€ข The liquid segment is poised for rapid growth, driven by increased adoption, particularly among pediatric and geriatric populations.

โ€ข The oral segment dominated the market with the highest revenue share, as oral administration remains the prevalent and expanding choice for medical food products in various formats, including powders, pills, and pre-thickened products.

โ€ข North America led the market due to the presence of major global players, along with strategic initiatives like acquisitions, mergers, and product launches by industry players.

โ€ข The global key market players include Abbott, Danone, Fresenius Kabi, Friso, Mead Johnson & Company, LLC, Medtrition, Inc., Morinaga Milk Industry, Nestlรฉ S.A., Primus Pharmaceuticals, Inc., Targeted Medical Pharma, Inc.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐—ฆ๐˜†๐—ป๐˜๐—ต๐—ฒ๐˜๐—ถ๐—ฐ ๐—ฆ๐—บ๐—ฎ๐—น๐—น ๐— ๐—ผ๐—น๐—ฒ๐—ฐ๐˜‚๐—น๐—ฒ ๐—”๐—ฃ๐—œ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/synthetic-small-molecule-api-market
๐—ฃ๐—ต๐—ฎ๐—ฟ๐—บ๐—ฎ๐—ฐ๐—ฒ๐˜‚๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—”๐˜€๐—ฒ๐—ฝ๐˜๐—ถ๐—ฐ ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ณ๐—ฒ๐—ฟ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/pharmaceutical-aseptic-transfer-market
๐—•๐—ถ๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฐ๐˜€ ๐—–๐—ผ๐—ป๐˜๐—ฟ๐—ฎ๐—ฐ๐˜ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/biologics-contract-development-market
๐—•๐—ฎ๐—ฟ๐—ถ๐—ฎ๐˜๐—ฟ๐—ถ๐—ฐ ๐—ฆ๐˜‚๐—ฟ๐—ด๐—ฒ๐—ฟ๐˜† ๐——๐—ฒ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/bariatric-surgery-devices-market
๐—ก๐—ฒ๐˜‚๐—ฟ๐—ผ๐—บ๐—ผ๐—ฑ๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ : https://www.polarismarketresearch.com/industry-analysis/neuromodulation-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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