Medical Foods Market Overview | Key Players, Emerging Audience and Forecast to 2023


Medical Foods Market Analysis: Global Medical Foods Market is projected to grow at a CAGR of 6.4% over the forecast period. Medical foods are principally formulated food products intended to be used under the supervision of medical and other appropriate health professionals. Their main function is to supply nutrients which is not available to the consumers through normal diet. 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. North America is dominating the medical foods market and is expected to have a substantial growth over the forecast period 2017-2023. In North America, the U.S. is the major contributor for medical foods. Growing problem of Alzheimer’s diseases, majorly among the Americans is driving the market for medical foods in this region.
Increasing awareness for nutritional benefits related to various diseases is further boosting the growth of Medical Foods Market. Moreover, growing geriatric population is further having a positive impact on the growth of medical foods in this region. All these factors will lead to the growth of North America market at a CAGR of 7.2% during the forecast period 2017-2023.
Medical Foods Market Key Players: This report includes a study of strategies such as mergers, acquisitions, and product launches by the major medical food’s players. It further includes product portfolios, developments of leading players, which includes Some of the key players profiled in the Global Medical Foods Market are Danone (France), NestlĂ© (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)
Medical Foods Market Segments: Medical foods market is segmented based on 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.  
Access Report Details @ https://www.marketresearchfuture.com/reports/medical-foods-market-4915
Medical Foods Market Regional Analysis: Global Medical Foods Market is segmented into Europe, North America, Asia Pacific and rest of the world (RoW). North America is dominating the global market followed by Europe. Increasing awareness of medical foods in the U.S. and growing problem of Alzheimer’s diseases is driving the market for medical foods in this region.
Asia Pacific is projected to be the fastest growing region in which the major contributor is China. Continuous innovation and improved education towards medical foods will positively impact the market for rest of the world.

Comments

Post a Comment

Popular posts from this blog

Covid-19 Analysis on Medicinal Mushroom Market Research, Trends and Forecast to 2023

Market Overview Global Covid-19 Analysis on Medicinal Mushroom Market contains some of the most rejuvenating and nourishing health compounds of any substance on earth. Increase in application of medicinal mushroom owing to the nutritional and medicinal attributes associated with it is encouraging the growth of medicinal market. Medicinal mushroom is a good source of vitamin B & D and is beneficial for various health benefits including its ability to aid weight loss, support cardiovascular health, fight cancer cells, improve energy levels and brain function, reduce inflammation, and support the immune system. The sector is driven in a major way by the demand directed from the food & beverage and nutraceuticals sector owning to the health benefits obtained from it. Health awareness and rising population of vegan consumers have prompted the growth of medicinal mushroom in the daily diet of individuals. Increase in fitness and wellness sector awareness has enhanced the market gr...
Read more

Cookies Market Size, Value Demand and Forecast to 2023

Market Scenario Global  Cookies Market  is presumed to expand at a remarkable rate during the forecast period (2018-2023) owing to the changing lifestyle, asserts Market Research Future (MRFR). Cookie is a small, flat baked food which is also referred to as biscuits in a few countries. Freshly baked cookies are sold through online retailing channels and bakeries. Other types of processed cookies are sold through hypermarkets, convenience stores, superstores, specialty stores, and others. Drivers and Constraints Impacting the Market With the increasing number of cafes across the world, the global market for cookies is presumed to expand at a rapid pace. Consumers prefer light snack with hot beverages such as biscuits and cookies which are further considered to impact the global market positively. Moreover, cookies are portable and are convenient to store. This has made them a popular on-the-go snack among the consumers. With the increasing demand from the consumers, the...
Read more

Frozen Pizza Market Trend | Global Demand, Key Players and Forecast to 2023

Market Insight Global  Frozen Pizza Market  has witnessed an impressive growth over the last few years. The growth of the frozen pizza is anticipated to be driven by various factors. Frozen pizza is turned out to be one of the alternatives of conventional pizza owing to the easy preparation method along with the similar types of tastes like a normal pizza. Frozen pizza has a high demand in the developed countries due to the high promotional activities by the key player. Urbanization has changed extensively the lifestyles of the consumers along with the eating habits of the consumers which in turn accelerates the demand of processed food which resulted to enhance the frozen pizza sales during the forecast period. Frozen pizza manufacturers are introducing new toppings based on the popularity of the products in the specific region. There has been an increase in demand in gluten free pizza in the North America & Europe region owing to the increasing celiac diseases of t...
Read more