The new report by Expert Market Research titled, ‘Global Medical Foods Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global medical foods market, assessing the market based on its segments like routes of administration, product types, applications, sales channels, and regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators and analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/medical-foods-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 6.0%
The medical foods market is being driven by the rising incidences of chronic illnesses worldwide. For instance, cardiovascular diseases, such as heart attacks and strokes, are a leading cause of death, according to the WHO statistics. Diabetes is becoming more common around the world, which is fuelling the market expansion. Medical foods are recommended to aid in the proper diet management of patients, as diabetes may be controlled and cured by eating a balanced diet, exercising regularly, and visiting the doctor on a regular basis. In the forecast period, these factors are expected to boost demand for medical foods to treat diabetic neuropathy. The rapidly increasing geriatric population with increased susceptibility to acquiring severe diseases and ailments are also anticipated to bolster the market growth. Governments are increasingly investing in the development of the healthcare infrastructure of the country to enhance its functionality and reduce the mortality risks.
Industry Definition and Major Segments
Medical foods are foods created for the specialised dietary management of patients that helps in the treatment process. These foods aid in supplementing nutritional elements required by patients suffering from a particular disease. These can be administered orally or enterally under the supervision of medical experts.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/medical-foods-market
The medical foods market, on the basis of route of administration, can be segmented into:
Based on product type, the market can be segregated into:
On the basis of application, the market can be distributed into:
• Chronic Kidney Disease
• Minimal Hepatic Encephalopathy
• Chemotherapy-induced Diarrhea
• Pathogen Related Infections
• Diabetic Neuropathy
• ADHD
• Depression
• Alzheimer’s Disease
• Nutritional Deficiency
• Orphan Disease
o Phenylketonuria
o Eosinophilic Esophagitis
o FPIES
o Others
• Others
Based on sales channel, the market can be categorised into:
• Online Sales
• Institutional Sales
• Retail Sales
The regional markets for medical foods include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The global medical foods industry is being driven by the rising awareness concerning medical foods among consumers. This can be attributed to the increased consciousness pertaining to health, fitness, and well-being among the young and working population. Rising investments by the key market players in the development of efficient and nutritional medical foods and supplements are expected to impact the market growth positively. The availability of state-of-the-art healthcare infrastructure and increased investments in the healthcare industry are assisting market expansion. In the coming years, growing disposable incomes and higher living standards are likely to contribute to overall market growth. These factors are expected to contribute to market expansion in the coming years.
Key Market Players
The major players in the market are Danone S.A, Nestle S.A, Abbott Nutrition, Targeted Medical Pharma Inc., and Primus Pharmaceuticals, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Media Contact
Company Name: EMR Inc.
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Also, Check Procurement Intelligence which provides you Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
