Global Medical Foods Market size was valued at US$ 22.24 Bn in 2021 and the total revenue is expected to grow at 5.2% through 2022 to 2029, reaching nearly US$ 31.71 Bn.
Medical Foods Market Overview :
For the global industry's Medical Foods market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to enhance the existing data, segment the market, estimate overall market size, and predict the market size, and growth rate.
The worldwide Medical Foods market's growth reasons, as well as the market's many users, are discussed. Data is provided by market participants, regions, and specific requirements. This market-ready study proposal includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis should be presented in the form of statistics, infographics, and presentations.
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Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.
Segmentation:
Oral administration held a 70.9% market share in 2021. Due to the high commercial viability of orally delivered commodities and the widespread desire for orally provided medicinal meals due to their ease of use, this high percentage is the result. There are many different types of oral supplements, including pills, puddings, powders, and pre-thickened goods. Patients with Crohn's disease can replenish their nutritional needs by using Modulen, a Nestle medical food.
Key Players : The key players are :
• Danone
• Nestle Nutrition
• Abbott Nutrition
• Targeted Medical Pharma, Inc.
• Primus Pharmaceuticals, Inc.
• Mead Johnson Company, LLC.
• Medtrition, Inc.
• Fresenius Kabi AG
• Reckitt Benckiser Group plc
• Meiji Holdings and Co., Ltd.
• Cerecin Inc.,
• Metagenics, Inc.
• Alfasigma Group
• Dutch Medical Food
• Agilent Technologies
• Swiss Medical Food AG
Regional Analysis :
A country-level study of the Medical Foods Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Medical Foods Market study.
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COVID-19 Impact Analysis on Medical Foods Market : The report covers COVID-19 impact on Medical Foods market.
Key Questions Answered in the Medical Foods Market Report are:
- What will be the CAGR of the Medical Foods market during the forecast period?
- Which segment emerged as the leading segment in the Medical Foods market?
- Which are the prominent players in the Medical Foods market?
- What will be the Medical Foods market size by 2027?
- Which company held the largest share in the Medical Foods market?
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