Medical Food Market Trends 2022, Size, Share, Growth and Competitive Analysis Forecast to 2027 – Designer Women

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According to the latest report from the IMARC group, entitled, “Medical Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The Global medical food market size reached a value of US$20.7 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$29.2 billion by 2027, growing at a CAGR of 5. 8% in 2022-2027

Medical foods are intended for consumption or enteral administration under the supervision of a physician. Their consumption helps in the specific dietary management of a condition or disease for which distinctive nutritional needs are prescribed according to a medical assessment. They are advised for patients with a limited or impaired ability to ingest, digest, absorb or metabolize ordinary foods or certain nutrients due to chronic therapeutic or medical requirements.

Report metric

History: 2016-2021

Reference year: 2022

Forecast year: 2022-2027

Market trends

The growth of the geriatric population, in conjunction with the increasing prevalence of chronic diseases, represents one of the major factors driving the sales of medical foods across the world. They help manage symptoms of dementia, multiple sclerosis, and various neurological conditions. Additionally, increasing patient awareness of clinical nutrition is bolstering the growth of the market. Apart from this, the booming e-commerce sector, increasing sales of smart devices, and increasing internet penetration have led to increased purchases of medical foods through online platforms. Other factors propelling the growth of the market include increasing funding for research and development (R&D) activities of several manufacturers and increasing adoption of healthy alternatives due to escalating costs of medical services.

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Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Global Medical Food Market Analysis and segmentation 2022-2027:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Abbott Laboratories, Alfasigma SpA, Danone SA, Fresenius Kabi AG, Mead Johnson & Company LLC (Reckitt Benckiser), Medtrition Inc., Meiji Holdings Co. Ltd., Metagenics Inc. (Alticor), Nestlé SA, Primus Pharmaceuticals Inc., Targeted Medical Pharma Inc. and Victus Inc.

The report has segmented the market based on region, product, route of administration, application, and distribution channel.

Breakdown by product:

Distribution by route of administration:

Breakdown by application:

  • ADHD
  • The Depression
  • Diabetes
  • Cancer
  • Alzheimer’s disease
  • Metabolic disorders
  • Others

Breakdown by distribution channel:

  • Supermarkets
  • Hospital and retail pharmacies
  • Online pharmacies
  • Others

Breakdown by region:

  • North America: (United States, Canada)
  • Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, RussiaOthers
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.

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About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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