Medical foods are foods that are formulated to be consumed or administered under the supervision of a physician as the sole means of managing a disease or condition whose distinct nutritional requirements have been established through medical evaluation. Special infant formulas, formulations for metabolic disorders, oral rehydration products, and products for chronic diarrhoea, as well as formulas for people with diabetes, AIDS, kidney disease, or inborn metabolic errors, are examples of medical foods.
Medical Foods Market Scope and Research Methodology
SMR’s report provides an understanding of Medical Foods market dynamics, structure, segmentation and projecting market size. The bottom-up approach was used to estimate the Medical Foods market size Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Medical Foods market makes the report investor’s guide.
To collect the information for the Medical Foods market report, both primary and secondary research methodologies were used. Various analytical methods such as Porter’s Five Forces Analysis, SWOT Analysis, PESTLE Analysis, Player Positioning Analysis, Market Share Analysis, and Value Chain Analysis have been used to analyse the Medical Foods market in the report.
Medical Foods Market Report Overview:
The main objective of the SMR’s Medical Foods market report is to help organizations make business decisions, which help them decide which areas they need to improve, which are already performing well and help the new entrant in their landing and penetrating the competition.
Medical Foods Market size was valued
at US$ 17.03 Bn. in 2020 and the total revenue is expected to grow at a
CAGR of 6.5% through 2021 to 2027, reaching nearly US$ 26.46 Bn.
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Medical Foods Market Key Players:
Nestle
Danone
Abbott
Mead Johnson & Company, LLC
Fresenius Kabi
Targeted Medical Pharma, Inc.
Primus Pharmaceuticals, Inc.
Medtrition, Inc.
Reckitt Benckiser Group plc.
Metagenetics, Inc.
Cerecin Inc.
Alfasigma USA, Inc.
Regional Analysis: Geographically, Medical Foods market report is segmented into several key regions are as follows,
Medical Foods Market Segmentation:
The widespread use of the oral route for therapeutic meal administration is expected to drive segment growth in the global market during the forecast period. A rise in the production of oral products such as powders, tablets, and pre-thickened products is also expected to boost segment adoption during the forecast period. Modulen, for example, is a Nestle medical food product that helps Crohn's disease patients restore nutritional requirements.
Medical Foods market report Includes:
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