Medical Foods Market is expected to grow at a CAGR of 6.4% from 2017 to 2023

Medical Foods Market Research Report- Forecast till 2023

Worldwide Medical Foods Market Analysis, Future Growth, Business Prospects and Forecast to 2023

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Medical Foods Market Research Report- Forecast till 2023

1 Summary Global Medical Foods Market Research Report–Nutritional Ingredients (Vitamins Minerals, Proteins, Omega-3, Isoflavones, Phytosterols), Ailment (Alzheimer’s Diseases, Diabetic Neuropathy, Nutritional Deficiency, Depression), Form and Region Forecast till 2023

Key Players: Some of the key players profiled in the global medical foods market are Danone (France), Nestlé (Switzerland), Abbott (U.S.), Mead Johnson & Company, LLC (U.S.), Primus Pharmaceuticals Inc. (U.S.), Targeted Medical Pharma Inc. (U.S.), Fresenius Kabi AG (Germany)

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Medical Foods Market Research Report- Forecast till 2023

2 Market Overview Medical foods are principally formulated food products intended to be used under the supervision of medical and other appropriate health professionals. They work by supplying nutrition, not available in a normal diet, for the management of certain diseases such as Alzheimer’s, diabetic neuropathy, nutritional deficiency, depression, and others. They can be administered through oral or enteral route depending on the absorption capacity of the patient.

Moreover, medical foods are made with Generally Recognized As Safe (GRAS) ingredients which include vitamins and minerals, proteins, omega-3, isoflavones, phytosterols, and others.

Medical foods are custom made liquid solutions used entirely, to treat consumers suffering from various diseases.

Increasing chronic diseases among the growing population is driving the growth of the market. Moreover, nutritional deficiency is a common issue observed globally which will propel the growth of the global medical foods market.

Growing geriatric population is a major factor driving the growth of medical foods. Moreover, increasing awareness of nutritional benefits will surge the growth of medical foods. However, lack of knowledge among the consumers regarding medical foods is a major restraint to the market growth.

Intended Audience:

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Pharmaceutical industry Nutritional processing industry Medical food industry E-commerce industry Traders, importers and exporters

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Medical Foods Market Research Report- Forecast till 2023

3 Sample Pages Segments: Medical foods market is segmented on the basis of nutritional ingredients such as vitamins and minerals, proteins, omega-3, isoflavones, phytosterols, and others. Among all, proteins segment is dominating the market. However, omega-3 is witnessed to be the fastest growing segment in nutritional ingredients used for medical foods.

Based on the form, medical foods market is segmented into pills, powder and others. Among all, pills segment is projected to be growing at the fastest rate and includes tablets and capsules. However, powder form is dominating the market over the past years.

On the basis of ailment, medical foods market is segmented into Alzheimer’s diseases, diabetic neuropathy, nutritional deficiency, depression, and others. Among all, diabetic neuropathy is dominating the market as majority of the diabetic consumers suffer from some kind of neuropathy. However, nutritional deficiency segment is witnessed to be the fastest growing segment over the forecast period.

Key Findings:

Manufacturers are bringing more products to market that address metabolic processes Till date, majority of medical foods are administered through the oral feeding

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Copyright Š 2017 Market Research Future.

Medical Foods Market Research Report- Forecast till 2023

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Copyright Š 2017 Market Research Future.