Press release
Growth of Food for Special Medical Purpose (FSMP) Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
Foods for special medical purposes (FSMP) are a sub-category of foods intended for particular nutritional uses (PARNUT), also called "dietetic foods." FSMPs are intended for the dietary management of diseases in patients with impaired digestive function such as absorption, making them the most medically-oriented food category. Food for special medical purposes does not include infant formula products, total parenteral nutrition products that are given intravenously, or products formulated and represented as being for the dietary management of obesity or overweight. This report mainly covers Food for Special Medical Purpose (FSMP) market, by end users (Infants and Young Children, Adult, The Old).
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According to the new market research report "Food for Special Medical Purpose (FSMP) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Food for Special Medical Purpose (FSMP) market size is projected to reach USD 21.82 billion by 2030, at a CAGR of 6.5% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Food for Special Medical Purpose (FSMP) include Abbott, Nestle, Nutrientia, Mead Johnson, Feihe, Iunuo, McFull Nutrition, Beinmate, Shengtong Special Medical, Hengrui Health, etc. In 2023, the global top 10 players had a share approximately 86.0% in terms of revenue.
Foods for special medical purpose (FSMP), referred to as special medical foods, are foods for special dietary uses. According to the Codex Alimentarius Commission (CAC), special medical food refers to "a type of food that is specially processed or prepared for special diets for patients and can only be used under the supervision of a doctor. This type of food is provided for patients who have limited or impaired eating, digestion, absorption or metabolism of ordinary foods or certain nutrients therein, or people who have other special nutritional needs due to their illness, or people whose diet cannot be managed by improving normal diets alone and must use special diets or a combination of the two. According to my country's "General Principles of Special Medical Purpose Formulated Foods of National Food Safety Standards", special medical food refers to "formulated foods specially processed and prepared to meet the special needs of people with limited eating, digestion and absorption disorders, metabolic disorders or specific disease states for nutrients or diets."
The development prospects of the special medical food industry are mainly: policy support for industry development. With the introduction of relevant policies on the special medical purpose formula food industry in my country, the industry has begun to be gradually standardized. In recent years, the special medical purpose formula food market has developed rapidly and has huge development potential. Clinical application of special medical purpose formula food The continuous improvement and implementation of laws and regulations such as management standards are a positive factor for the development of my country's special medical formula food industry. In the future, the formulation and revision of policies and regulations for the special medical formula food industry will also tend to stabilize and be in line with international standards. The aging of the population has driven demand growth, and my country's population has intensified. With the increase in age, the probability of illness and malnutrition in the elderly has increased, which in turn has increased the demand for special medical formula foods among the elderly. The rapid growth in the number of products has promoted the development of the industry. With the attention of the state and the improvement of policies, the overall number of special medical formula foods has increased rapidly.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Food for Special Medical Purpose (FSMP) market is segmented as below:
By Company
Nestle
Danone Nutricia
Abbott
Bayer
MeadJohnson
Ajinomoto
BOSSD
LESKON
EnterNutr
Segment by Type
Complete Nutrition
Disease Specific Nutrition
Incomplete Nutrition
Segment by Application
Infants & Young Children
Adult
The Old
Each chapter of the report provides detailed information for readers to further understand the Food for Special Medical Purpose (FSMP) market:
Chapter 1: Introduces the report scope of the Food for Special Medical Purpose (FSMP) report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Food for Special Medical Purpose (FSMP) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Food for Special Medical Purpose (FSMP) market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Food for Special Medical Purpose (FSMP) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Food for Special Medical Purpose (FSMP) in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Food for Special Medical Purpose (FSMP) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Food for Special Medical Purpose (FSMP) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Food for Special Medical Purpose (FSMP) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Food for Special Medical Purpose (FSMP) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global Food for Special Medical Purpose (FSMP) Market Insights, Forecast to 2030
Food for Special Medical Purpose (FSMP) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Food for Special Medical Purpose (FSMP) Market Research Report 2024
Food for Special Medical Purpose (FSMP) - Global Market Insights and Sales Trends 2024
Global Food for Special Medical Purpose (FSMP) Market Research Report 2023
Global Food for Special Medical Purpose (FSMP) Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Food for Special Medical Purpose (FSMP) Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States Food for Special Medical Purpose (FSMP) Market Report & Forecast 2022-2028
United States Food for Special Medical Purpose (FSMP) Market Report & Forecast 2021-2027
If you have any queries regarding this report or if you would like further information, please contact us:
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QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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