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Market Overview:
Medical
foods Market Size are custom made liquid solutions used entirely to treat
consumers suffering from Alzheimer’s, diabetic neuropathy, nutritional
deficiency, depression, and others. Their main function is to supply nutrients
which is not available to the consumers through normal diet. They are available
in different forms such as pills, powder and others for consumption. Medical
foods are intended to be used under the supervision of medical and other
appropriate health professionals.
Market Forecast:
Medical foods are expected to grow continuously over the
estimated time with growing awareness among the consumers. Increasing issue of
nutritional deficiency in the population is resulting in the prevalence of
chronic diseases, which is driving the growth of the market.
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The major players in the Medical Foods Market,
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)
Market Segmentation:
The global medical foods market has been divided into
nutritional ingredients, form, ailment, and region.
On the Basis of Nutritional Ingredients: Vitamins Minerals, Proteins,
Omega-3, Isoflavones, Phytosterols
On the Basis of Form: Pills, powders, and others
On the Basis of Ailment: Alzheimer’s Diseases, Diabetic Neuropathy,
Nutritional Deficiency, and Depression
On the Basis of Region: North America, Europe, Asia Pacific, and ROW..
Regional Analysis:
The global medical foods market is segmented into North
America, Europe, 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.
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