November 13, 2024

Medical Foods Market Size Hit US$ 32.5 billion by 2030

The global medical foods market size was valued at USD 20.2 billion in 2020, and is predicted to be worth around USD 32.5 billion by 2030, registering a CAGR of 5.1% during the forecast period 2022 to 2030.

Medical Foods

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Medical Foods Market Growth Factors

Increasing incidences of chronic diseases, the rising geriatric population, and the growing burden of malnutrition are the major factors responsible for the substantial growth of the market over the years. For instance, according to a WHO report, about 149 million children under 5 were stunted and 38.9 million were obese or overweight due to undernutrition in 2020. The emerging focus of the policymakers to manage chronic disorders and nutritional deficiency is also anticipated to drive the adoption of medical foods over the years.

The growing prevalence of communicable and non-communicable diseases and increasing effort for the dietary management of those diseases are anticipated to propel the market growth over the forecast years. For instance, as per the research data published by the University of Liege, it has been estimated that in Europe, the sarcopenia population will increase to 12.9% by 2045 from 11.1% in 2016.

Report Coverage

Report Scope Details
Market Size US$ 32.5 billion by 2030
Growth Rate CAGR of 5.1% From 2022 to 2030
Largest Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Route of administration, Product, Application, Sales Channel
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned AT&T; Samsung Electronics Co.; Allscripts Healthcare Solutions; Apple, Inc.; Orange; mQure; Qualcomm Technologies, Inc.; SoftServe; Google, Inc, Airstrip Technologies, Inc.; Telefonica S.A.; Vodafone Group

By Product Analysis

The powder segment accounted for the largest revenue share of over 35.0% in 2021 owing to the high commercial availability of medical foods in the form of powder. In addition, increasing preference and ease in consumption by the pediatric and geriatric patients suffering from different chronic diseases are fueling the segment growth.

The liquid segment is anticipated to grow at the fastest rate during the forecast period owing to the rising adoption of liquid formulations in the pediatric and geriatric population, where the intake of solid formulations is limited or impossible and in case of clinically diagnosed dysphagia or when oral physiology is limited.

By Application Analysis

Chemotherapy-induced diarrhea accounted for the largest revenue share of over 15.0% in 2021. Diarrheal episodes interfere with the chemotherapy process and dosage pattern. Therefore, the rising need for adopting medical foods in dietary management is expected to boost the segment growth.

Because of loss of absorptive surfaces and potential mucosal damage due to chemotherapy-related diarrhea, patients should ingest specific easy-to-digest medical food, which is expected to fuel the segment growth over the forecast years.

Diabetic neuropathy is anticipated to be the fastest-growing segment over the forecast period owing to the growing prevalence of diabetes and a rise in the number of patients that are at risk of developing some level of neuropathy.

The growing number of patients suffering from diabetic neuropathy and increasing prescription by medical professionals for medical food consumption to manage the disease are the major factors propelling the segment growth. The growing prevalence of diabetic neuropathy all over the globe is further supporting the growth of the segment.

By Sales Channel Analysis

The institutional sales channel, which includes hospitals, home care settings, and disability facilities, accounted for the largest revenue share of over 40.0% in 2021. The growing number of patient visits to the hospitals and other healthcare facilities for the diagnosis and treatment of several chronic and dietary disorders is driving the segment.

The increasing preference among the patients to consult a doctor in the hospitals for their chronic disease management will drive the segment. Moreover, the growing number of private and public healthcare institutions and the increasing chronic disease patient population across the globe will support the segment growth.

The online sales segment is anticipated to expand at the fastest rate over the forecast period. Preference for the online purchase of medical foods is rising owing to the convenience offered by this sales channel. Although medical foods are mainly consumed under medical surveillance, these are intended for long-term nutrition management, which is resulting in surging sales through e-commerce.

By Regional Analysis

North America held the largest revenue share of over 30.0%. The presence of international companies such as Abbott Laboratories and Mead Johnson & Company and the high revenue generation of these companies are driving the market.

The Asia Pacific region is anticipated to be the fastest-growing regional market over the forecast period owing to the increasing rate of cancer and diabetic patients, along with several government initiatives in the healthcare segment.

Johnson & Johnson Pte. Ltd. company, Asia Pacific hosts about 50% of new cancer cases in the world each year. Further, this report stated that the death due to cancer is estimated to increase by 36% in the Asia Pacific region by 203o, which, in turn, is expected to propel the growth of the market in this region over the coming years.

Read also @ Healthcare Software As A Service Market to Reach US$ 60.7 Bn by 2030

Major Key Players Covered in The Medical Foods Market Report include

  • Nestle
  • Danone
  • Abbott
  • Mead Johnson & Company, LLC
  • Fresenius Kabi
  • Targeted Medical Pharma, Inc.
  • Primus Pharmaceuticals, Inc.
  • Medtrition, Inc.

Medical Foods Market Segmentation

  • By Route of Administration
    • Oral
    • Enteral
  • By Product
    • Pills
    • Powder
    • Liquid
    • Others
  • By Application
    • Chronic Kidney Disease
    • Minimal Hepatic Encephalopathy
    • Chemotherapy Induced Diarrhea
    • Pathogen Related Infections
    • Diabetic Neuropathy
    • ADHD
    • Depression
    • Alzheimer’s Disease
    • Nutritional Deficiency
    • Orphan diseases
      • Phenylketonuria
      • Tyrosinemia
      • Eosinophilic esophagitis
      • FPIES
      • MSUD
      • Homocystinuria
      • Others
    • Wound Healing
    • Chronic Diarrhea
    • Constipation Relief
    • Protein Booster
    • Dysphagia
    • Pain Management
    • Parkinson’s Disease
    • Epilepsy
    • Other Cancer related treatments
    • Severe protein allergy
    • Other
  • By Sales Channel
    • Online Sales
    • Institutional Sales
    • Retail Sales
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Spain
      • Italy
      • Russia
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • New Zealand
      • Singapore
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Application Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Medical Foods Market, By Route of Administration

7.1.  Medical Foods Market, by Route of Administration, 2021-2030

7.1.1.    Oral

7.1.1.1.        Market Revenue and Forecast (2019-2030)

7.1.2.    Enteral

7.1.2.1.        Market Revenue and Forecast (2019-2030)

Chapter 8.  Global Medical Foods Market, By Product

8.1.  Medical Foods Market, by Product, 2021-2030

8.1.1.    Pills

8.1.1.1.        Market Revenue and Forecast (2019-2030)

8.1.2.    Powder

8.1.2.1.        Market Revenue and Forecast (2019-2030)

8.1.3.    Liquid

8.1.3.1.        Market Revenue and Forecast (2019-2030)

Chapter 9.  Global Medical Foods Market, By Application

9.1.  Medical Foods Market, by Application, 2021-2030

9.1.1.    Chronic Kidney Disease

9.1.1.1.        Market Revenue and Forecast (2019-2030)

9.1.2.    Minimal Hepatic Encephalopathy

9.1.2.1.        Market Revenue and Forecast (2019-2030)

9.1.3.    Chemotherapy Induced Diarrhea

9.1.3.1.        Market Revenue and Forecast (2019-2030)

9.1.4.    Pathogen Related Infections

9.1.4.1.        Market Revenue and Forecast (2019-2030)

9.1.5.    Diabetic Neuropathy

9.1.5.1.        Market Revenue and Forecast (2019-2030)

9.1.6.    ADHD

9.1.6.1.        Market Revenue and Forecast (2019-2030)

9.1.7.    Depression

9.1.7.1.        Market Revenue and Forecast (2019-2030)

9.1.8.    Alzheimer’s Disease

9.1.8.1.        Market Revenue and Forecast (2019-2030)

9.1.9.    Nutritional Deficiency

9.1.9.1.        Market Revenue and Forecast (2019-2030)

9.1.10.  Orphan diseases

9.1.10.1.      Market Revenue and Forecast (2019-2030)

Chapter 10.      Global Medical Foods Market, By Sales Channel

10.1.        Medical Foods Market, by Sales Channel, 2021-2030

10.1.1.  Online Sales

10.1.1.1.      Market Revenue and Forecast (2019-2030)

10.1.2.  Institutional Sales

10.1.2.1.      Market Revenue and Forecast (2019-2030)

10.1.3.  Retail Sales

10.1.3.1.      Market Revenue and Forecast (2019-2030)

Chapter 11.      Global Medical Foods Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Route of Administration (2019-2030)

11.1.2.  Market Revenue and Forecast, by Product (2019-2030)

11.1.3.  Market Revenue and Forecast, by Application (2019-2030)

11.1.4.  Market Revenue and Forecast, by Sales Channel (2019-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.1.5.2.      Market Revenue and Forecast, by Product (2019-2030)

11.1.5.3.      Market Revenue and Forecast, by Application (2019-2030)

11.1.5.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.1.6.2.      Market Revenue and Forecast, by Product (2019-2030)

11.1.6.3.      Market Revenue and Forecast, by Application (2019-2030)

11.1.6.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Route of Administration (2019-2030)

11.2.2.  Market Revenue and Forecast, by Product (2019-2030)

11.2.3.  Market Revenue and Forecast, by Application (2019-2030)

11.2.4.  Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.2.5.2.      Market Revenue and Forecast, by Product (2019-2030)

11.2.5.3.      Market Revenue and Forecast, by Application (2019-2030)

11.2.5.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.2.6.2.      Market Revenue and Forecast, by Product (2019-2030)

11.2.6.3.      Market Revenue and Forecast, by Application (2019-2030)

11.2.6.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.2.7.2.      Market Revenue and Forecast, by Product (2019-2030)

11.2.7.3.      Market Revenue and Forecast, by Application (2019-2030)

11.2.7.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.2.8.2.      Market Revenue and Forecast, by Product (2019-2030)

11.2.8.3.      Market Revenue and Forecast, by Application (2019-2030)

11.2.8.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Route of Administration (2019-2030)

11.3.2.  Market Revenue and Forecast, by Product (2019-2030)

11.3.3.  Market Revenue and Forecast, by Application (2019-2030)

11.3.4.  Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.3.5.2.      Market Revenue and Forecast, by Product (2019-2030)

11.3.5.3.      Market Revenue and Forecast, by Application (2019-2030)

11.3.5.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.3.6.2.      Market Revenue and Forecast, by Product (2019-2030)

11.3.6.3.      Market Revenue and Forecast, by Application (2019-2030)

11.3.6.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.3.7.2.      Market Revenue and Forecast, by Product (2019-2030)

11.3.7.3.      Market Revenue and Forecast, by Application (2019-2030)

11.3.7.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.3.8.2.      Market Revenue and Forecast, by Product (2019-2030)

11.3.8.3.      Market Revenue and Forecast, by Application (2019-2030)

11.3.8.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Route of Administration (2019-2030)

11.4.2.  Market Revenue and Forecast, by Product (2019-2030)

11.4.3.  Market Revenue and Forecast, by Application (2019-2030)

11.4.4.  Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.4.5.2.      Market Revenue and Forecast, by Product (2019-2030)

11.4.5.3.      Market Revenue and Forecast, by Application (2019-2030)

11.4.5.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.4.6.2.      Market Revenue and Forecast, by Product (2019-2030)

11.4.6.3.      Market Revenue and Forecast, by Application (2019-2030)

11.4.6.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.4.7.2.      Market Revenue and Forecast, by Product (2019-2030)

11.4.7.3.      Market Revenue and Forecast, by Application (2019-2030)

11.4.7.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.4.8.2.      Market Revenue and Forecast, by Product (2019-2030)

11.4.8.3.      Market Revenue and Forecast, by Application (2019-2030)

11.4.8.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Route of Administration (2019-2030)

11.5.2.  Market Revenue and Forecast, by Product (2019-2030)

11.5.3.  Market Revenue and Forecast, by Application (2019-2030)

11.5.4.  Market Revenue and Forecast, by Sales Channel (2019-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.5.5.2.      Market Revenue and Forecast, by Product (2019-2030)

11.5.5.3.      Market Revenue and Forecast, by Application (2019-2030)

11.5.5.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Route of Administration (2019-2030)

11.5.6.2.      Market Revenue and Forecast, by Product (2019-2030)

11.5.6.3.      Market Revenue and Forecast, by Application (2019-2030)

11.5.6.4.      Market Revenue and Forecast, by Sales Channel (2019-2030)

Chapter 12.  Company Profiles

12.1.              Nestle

12.1.1.  Company Overview

12.1.2.  Route of Administration Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Danone

12.2.1.  Company Overview

12.2.2.  Route of Administration Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Abbott

12.3.1.  Company Overview

12.3.2.  Route of Administration Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Mead Johnson & Company, LLC

12.4.1.  Company Overview

12.4.2.  Route of Administration Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Fresenius Kabi

12.5.1.  Company Overview

12.5.2.  Route of Administration Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Targeted Medical Pharma, Inc.

12.6.1.  Company Overview

12.6.2.  Route of Administration Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              Primus Pharmaceuticals, Inc.

12.7.1.  Company Overview

12.7.2.  Route of Administration Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

12.8.              Medtrition, Inc.

12.8.1.  Company Overview

12.8.2.  Route of Administration Offerings

12.8.3.  Financial Performance

12.8.4.  Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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