Global Food for Special Medical Purpose (FSMP) Market Growth 2023-2029

Global Food for Special Medical Purpose (FSMP) Market Growth 2023-2029

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).
LPI (LP Information)' newest research report, the “Food for Special Medical Purpose (FSMP) Industry Forecast” looks at past sales and reviews total world Food for Special Medical Purpose (FSMP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Food for Special Medical Purpose (FSMP) sales for 2023 through 2029. With Food for Special Medical Purpose (FSMP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food for Special Medical Purpose (FSMP) industry.
This Insight Report provides a comprehensive analysis of the global Food for Special Medical Purpose (FSMP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food for Special Medical Purpose (FSMP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food for Special Medical Purpose (FSMP) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food for Special Medical Purpose (FSMP) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food for Special Medical Purpose (FSMP).
The global Food for Special Medical Purpose (FSMP) market size is projected to grow from US$ 12820 million in 2022 to US$ 19290 million in 2029; it is expected to grow at a CAGR of 19290 from 2023 to 2029.
Global Food for Special Medical Purpose (FSMP) key players include Nestle, Danone Nutricia, Abbott, Bayer, MeadJohnson, etc. Global top five manufacturers hold a share about 65%. North America is the largest market, with a share about 45%, followed by Asia-Pacific, with a share about 30 percent. In terms of product, Incomplete Nutrition is the largest segment, with a share about 65%. And in terms of application, the largest application is Adult, followed by The Old, Infants & Young Children.
This report presents a comprehensive overview, market shares, and growth opportunities of Food for Special Medical Purpose (FSMP) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Complete Nutrition
Disease Specific Nutrition
Incomplete Nutrition
Segmentation by application
Infants & Young Children
Adult
The Old
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nestle
Danone Nutricia
Abbott
Bayer
MeadJohnson
Ajinomoto
BOSSD
LESKON
EnterNutr
Key Questions Addressed in this Report
What is the 10-year outlook for the global Food for Special Medical Purpose (FSMP) market?
What factors are driving Food for Special Medical Purpose (FSMP) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Food for Special Medical Purpose (FSMP) market opportunities vary by end market size?
How does Food for Special Medical Purpose (FSMP) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.