Global Medical Foods Market 2024-2028
Medical Foods Market 2024-2028
The medical foods market is forecasted to grow by USD 5189.2 mn during 2023-2028, accelerating at a CAGR of 4.8% during the forecast period. The report on the medical foods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing geriatric population adopting medical foods, growing prevalence of chronic conditions, and rising awareness regarding clinical nutrition among healthcare professionals and patients.
Technavio's medical foods market is segmented as below:
By Product
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing prevalence of conditions such as malnutrition and diabetes as one of the prime reasons driving the medical foods market growth during the next few years. Also, rising adoption of healthy alternatives in daily lives and rising prominence of online distribution channels will lead to sizable demand in the market.
The report on the medical foods market covers the following areas:
- Medical Foods Market sizing
- Medical Foods Market forecast
- Medical Foods Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical foods market vendors that include Abbott Laboratories, Alfasigma Spa, Bausch Health Companies Inc., Danone SA, Entera Health Inc., Fresenius Kabi AG, Medtrition Inc., Meiji Holdings Co. Ltd., Metagenics LLC, Nestle SA, Physician Therapeutics LLC, Primus Pharmaceuticals Inc., Proliant Inc., Reckitt Benckiser Group Plc, Targeted Medical Pharma Inc., Upsher Smith Laboratories LLC, and Victus Inc.. Also, the medical foods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.