Medical Foods Market
Medical Foods Market Forecasts to 2030 - Global Analysis By Product (Oral Rehydration Products, Nutritionally Complete Formulas and Nutritionally Incomplete Formulas), Route of Administration (Oral and Enteral), Sales Channel, Nutritional Ingredient, Form, Age Group, Application and By Geography
According to Stratistics MRC, the Global Medical Foods Market is accounted for $27.62 billion in 2024 and is expected to reach $44.31 billion by 2030 growing at a CAGR of 8.2% during the forecast period. Medical foods are specially formulated products intended for the dietary management of diseases or conditions with distinctive nutritional needs that cannot be met by a normal diet alone. Unlike dietary supplements, medical foods are meant to be used under medical supervision and are often used for specific conditions like metabolic disorders, gastrointestinal diseases, or neurological disorders. They are formulated based on scientific principles to provide essential nutrients in precise amounts, tailored to the individual's condition.
According to the World Health Organization, the global population of people aged 60 and over is expected to double from 12 percent to 22 percent between 2015 and 2050. According to the International Diabetic Federation, around 463 million adults have diabetes in 2019, with this figure expected to climb to 700 million by 2045.
Market Dynamics:
Driver:
Rise in metabolic disorders
The rise in metabolic disorders, such as diabetes, phenylketonuria, and various inborn errors of metabolism, is significantly driving the growth of the medical food market. As these conditions require precise dietary management to control symptoms and prevent complications, there is an increasing demand for specialized medical foods designed to meet the nutritional needs of affected individuals. Additionally, greater awareness among healthcare professionals and patients about the role of nutrition in managing metabolic disorders contributes to the expanding market for medical foods.
Restraint:
Limited awareness and adoption
In the medical food market, limited awareness and adoption are significant restraints. Many healthcare professionals and patients are unfamiliar with what medical foods are, how they differ from regular foods and drugs, and their specific applications in managing chronic diseases or conditions. This lack of awareness can lead to underutilization and skepticism, as medical foods often require medical supervision and adherence to strict usage guidelines. Additionally, inadequate education and marketing efforts contribute to a slow adoption rate.
Opportunity:
Personalized nutrition
The medical food market offers significant opportunities in personalized nutrition by tailoring dietary interventions to individual health needs. Personalized nutrition focuses on developing customized diets based on a person's genetics, microbiome, lifestyle, and health conditions. This approach can enhance the management of chronic diseases, improve patient outcomes, and cater to specific metabolic requirements. As healthcare increasingly shifts towards precision medicine, personalized medical foods can provide targeted nutritional solutions, reducing reliance on pharmaceuticals and optimizing overall health.
Threat:
Market competition
The medical foods market faces significant market competition threats from several angles. Pharmaceutical companies entering the space with advanced therapeutic nutrition products also heighten competition. Additionally, the cost and complexity of clinical trials required for efficacy claims create barriers for new entrants. Regulatory changes and evolving reimbursement policies can impact market dynamics, favoring established players who can quickly adapt. Innovation pressure to develop unique, targeted formulations adds another layer of competitive intensity.
Covid-19 Impact:
The COVID-19 pandemic has significantly impacted the medical food market in several ways. With increased awareness of health and wellness, there has been a surge in demand for products that support immune health and overall well-being. Furthermore, disruptions in the global supply chain have led to challenges in sourcing ingredients and manufacturing. However, advancements in e-commerce platforms and online retailing have helped mitigate these challenges to some extent, enabling consumers to access medical foods conveniently.
The Vitamins and Minerals segment is expected to be the largest during the forecast period
The growth of the vitamins and minerals segment in the medical food market is primarily driven by increasing awareness of nutritional deficiencies and their impact on health. As people become more health-conscious, there's a growing demand for targeted nutritional solutions to address specific health conditions. Vitamins and minerals play crucial roles in supporting various bodily functions, making them essential components of medical foods designed to manage conditions like malnutrition, metabolic disorders, and chronic diseases. Moreover, advancements in research and development have led to the formulation of specialized products tailored to meet specific nutritional needs, further fueling segment growth.
The Chronic conditions segment is expected to have the highest CAGR during the forecast period
The growth in the chronic conditions segment of the medical food market can be attributed to several factors. The increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and gastrointestinal ailments is driving demand for specialized nutrition tailored to manage these conditions effectively. Advancements in medical research have led to the development of innovative formulations specifically designed to address the nutritional needs of individuals with chronic illnesses. Additionally, rising awareness among both healthcare professionals and patients about the role of nutrition in managing chronic conditions is fuelling market expansion.
Region with largest share:
In recent years, North America has experienced significant growth in the medical food market. This expansion can be attributed to several factors, including increasing awareness about the importance of nutritional therapies in managing chronic diseases like diabetes, Alzheimer's, and metabolic disorders. Additionally, advancements in medical research and technology have led to the development of innovative medical food products tailored to address specific health conditions. Moreover, the aging population in North America has contributed to the rising demand for products that support healthy aging and manage age-related ailments.
Region with highest CAGR:
The Asia-Pacific region has witnessed significant growth in the medical food market due to several factors. Increasing awareness about health and nutrition, the rising prevalence of chronic diseases, and a growing aging population are driving the demand for specialized nutritional products. Additionally, advancements in healthcare infrastructure and rising disposable incomes are facilitating greater access to medical foods. Moreover, the region's diverse dietary habits and cultural preferences are fueling innovation in product development to cater to specific dietary needs.
Key players in the market
Some of the key players in Medical Foods market include Abbott Laboratories, Ajinomoto Cambrooke Inc, Alfasigma S.p.A., BioMarin Pharmaceutical, Cerecin Inc, Danone S.A., Fresenius SE & Co. KGaA, Mead Johnson, Meiji Holdings and Co Ltd, Metagenics Inc, Nestlé S.A., Primus Pharmaceuticals Inc and Reckitt Benckiser Group plc.
Key Developments:
In May 2024, Danone has struck a deal to acquire Functional Formularies, a US whole foods tube-feeding business. The France-headquartered dairy giant has snapped up the Ohio-based company from private-equity business Swander Pace Capital for an undisclosed fee. The move has extended Danone’s medical nutrition portfolio, through which it develops products for people with special medical needs, adding to its enteral tube-feeding ranges.
In January 2024, Abbott, a global leader in science-based nutrition, announced the launch of its new PROTALITY™ brand. The high-protein nutrition shake is the first product in this line to support the growing number of adults interested in pursuing weight loss while maintaining muscle mass and good nutrition.
Products Covered:
• Oral Rehydration Products
• Nutritionally Complete Formulas
• Nutritionally Incomplete Formulas
Route of Administrations Covered:
• Oral
• Enteral
Sales Channels Covered:
• Supermarkets & Hypermarkets
• Retail Pharmacies
• Drugs Stores
• Online Sales
• Institutional Sales (Hospital Pharmacies)
Nutritional Ingredients Covered:
• Proteins
• Vitamins and Minerals
• Isoflavones
• Omega-3
• Phytosterols
Forms Covered:
• Bars
• Gels
• Liquid
• Powder
• Tablets & Capsules
• Other Forms
Age Groups Covered:
• Adults
• Adolescent
• Weaning
• Infants
Applications Covered:
• Sleep Management
• Neuro-Degenerative Disorders
• Maple Syrup Urine Disease (MSUD)
• Diabetes (Diabetic Neuropathy)
• Cancer (Chemotherapy-Induced Diarrhea)
• Attention Deficit Hyperactivity Disorder (ADHD)
• Alzheimer’s Disease
• Chronic Conditions
• Depression
• Inborn Errors of Metabolism
• Minimal Hepatic Encephalopathy
• Neurological & Psychological Disorders
• Nutritional Deficiency
• Obesity and Hypertension
• Ophthalmology
• Pathogen Related Infections
• Urea Cycle Disorders
• Orphan Diseases
• Tyrosinemia Types I And II
• Propionic Acidemia
• Pain Management
• Organic Acidurias
• Methylmalonic Acidemia
• Isovaleric Acidemia
• Homocystinuria
• Gastrointestinal Disorders
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Medical Foods Market, By Product
5.1 Introduction
5.2 Oral Rehydration Products
5.3 Nutritionally Complete Formulas
5.4 Nutritionally Incomplete Formulas
6 Global Medical Foods Market, By Route of Administration
6.1 Introduction
6.2 Oral
6.3 Enteral
7 Global Medical Foods Market, By Sales Channel
7.1 Introduction
7.2 Supermarkets & Hypermarkets
7.3 Retail Pharmacies
7.4 Drugs Stores
7.5 Online Sales
7.6 Institutional Sales (Hospital Pharmacies)
8 Global Medical Foods Market, By Nutritional Ingredient
8.1 Introduction
8.2 Proteins
8.3 Vitamins and Minerals
8.4 Isoflavones
8.5 Omega-3
8.6 Phytosterols
9 Global Medical Foods Market, By Form
9.1 Introduction
9.2 Bars
9.3 Gels
9.4 Liquid
9.5 Powder
9.6 Tablets & Capsules
9.7 Other Forms
10 Global Medical Foods Market, By Age Group
10.1 Introduction
10.2 Adults
10.3 Adolescent
10.4 Weaning
10.5 Infants
11 Global Medical Foods Market, By Application
11.1 Introduction
11.2 Sleep Management
11.3 Neuro-Degenerative Disorders
11.4 Maple Syrup Urine Disease (MSUD)
11.5 Diabetes (Diabetic Neuropathy)
11.6 Cancer (Chemotherapy-Induced Diarrhea)
11.7 Attention Deficit Hyperactivity Disorder (ADHD)
11.8 Alzheimer’s Disease
11.9 Chronic Conditions
11.10 Depression
11.11 Inborn Errors of Metabolism
11.12 Minimal Hepatic Encephalopathy
11.13 Neurological & Psychological Disorders
11.14 Nutritional Deficiency
11.15 Obesity and Hypertension
11.16 Ophthalmology
11.17 Pathogen Related Infections
11.18 Urea Cycle Disorders
11.19 Orphan Diseases
11.19.1 Eosinophilic Esophagitis
11.19.2 Phenylketonuria
11.19.3 Food Protein-Induced Enterocolitis Syndrome (FPIES)
11.20 Tyrosinemia Types I And II
11.21 Propionic Acidemia
11.22 Pain Management
11.23 Organic Acidurias
11.24 Methylmalonic Acidemia
11.25 Isovaleric Acidemia
11.26 Homocystinuria
11.27 Gastrointestinal Disorders
12 Global Medical Foods Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Abbott Laboratories
14.2 Ajinomoto Cambrooke Inc
14.3 Alfasigma S.p.A.
14.4 BioMarin Pharmaceutical
14.5 Cerecin Inc
14.6 Danone S.A.
14.7 Fresenius SE & Co. KGaA
14.8 Mead Johnson
14.9 Meiji Holdings and Co Ltd
14.10 Metagenics Inc
14.11 Nestlé S.A.
14.12 Primus Pharmaceuticals Inc
14.13 Reckitt Benckiser Group plc
List of Tables
1 Global Medical Foods Market Outlook, By Region (2022-2030) ($MN)
2 Global Medical Foods Market Outlook, By Product (2022-2030) ($MN)
3 Global Medical Foods Market Outlook, By Oral Rehydration Products (2022-2030) ($MN)
4 Global Medical Foods Market Outlook, By Nutritionally Complete Formulas (2022-2030) ($MN)
5 Global Medical Foods Market Outlook, By Nutritionally Incomplete Formulas (2022-2030) ($MN)
6 Global Medical Foods Market Outlook, By Route of Administration (2022-2030) ($MN)
7 Global Medical Foods Market Outlook, By Oral (2022-2030) ($MN)
8 Global Medical Foods Market Outlook, By Enteral (2022-2030) ($MN)
9 Global Medical Foods Market Outlook, By Sales Channel (2022-2030) ($MN)
10 Global Medical Foods Market Outlook, By Supermarkets & Hypermarkets (2022-2030) ($MN)
11 Global Medical Foods Market Outlook, By Retail Pharmacies (2022-2030) ($MN)
12 Global Medical Foods Market Outlook, By Drugs Stores (2022-2030) ($MN)
13 Global Medical Foods Market Outlook, By Online Sales (2022-2030) ($MN)
14 Global Medical Foods Market Outlook, By Institutional Sales (Hospital Pharmacies) (2022-2030) ($MN)
15 Global Medical Foods Market Outlook, By Nutritional Ingredient (2022-2030) ($MN)
16 Global Medical Foods Market Outlook, By Proteins (2022-2030) ($MN)
17 Global Medical Foods Market Outlook, By Vitamins and Minerals (2022-2030) ($MN)
18 Global Medical Foods Market Outlook, By Isoflavones (2022-2030) ($MN)
19 Global Medical Foods Market Outlook, By Omega-3 (2022-2030) ($MN)
20 Global Medical Foods Market Outlook, By Phytosterols (2022-2030) ($MN)
21 Global Medical Foods Market Outlook, By Form (2022-2030) ($MN)
22 Global Medical Foods Market Outlook, By Bars (2022-2030) ($MN)
23 Global Medical Foods Market Outlook, By Gels (2022-2030) ($MN)
24 Global Medical Foods Market Outlook, By Liquid (2022-2030) ($MN)
25 Global Medical Foods Market Outlook, By Powder (2022-2030) ($MN)
26 Global Medical Foods Market Outlook, By Tablets & Capsules (2022-2030) ($MN)
27 Global Medical Foods Market Outlook, By Other Forms (2022-2030) ($MN)
28 Global Medical Foods Market Outlook, By Age Group (2022-2030) ($MN)
29 Global Medical Foods Market Outlook, By Adults (2022-2030) ($MN)
30 Global Medical Foods Market Outlook, By Adolescent (2022-2030) ($MN)
31 Global Medical Foods Market Outlook, By Weaning (2022-2030) ($MN)
32 Global Medical Foods Market Outlook, By Infants (2022-2030) ($MN)
33 Global Medical Foods Market Outlook, By Application (2022-2030) ($MN)
34 Global Medical Foods Market Outlook, By Sleep Management (2022-2030) ($MN)
35 Global Medical Foods Market Outlook, By Neuro-Degenerative Disorders (2022-2030) ($MN)
36 Global Medical Foods Market Outlook, By Maple Syrup Urine Disease (MSUD) (2022-2030) ($MN)
37 Global Medical Foods Market Outlook, By Diabetes (Diabetic Neuropathy) (2022-2030) ($MN)
38 Global Medical Foods Market Outlook, By Cancer (Chemotherapy-Induced Diarrhea) (2022-2030) ($MN)
39 Global Medical Foods Market Outlook, By Attention Deficit Hyperactivity Disorder (ADHD) (2022-2030) ($MN)
40 Global Medical Foods Market Outlook, By Alzheimer’s Disease (2022-2030) ($MN)
41 Global Medical Foods Market Outlook, By Chronic Conditions (2022-2030) ($MN)
42 Global Medical Foods Market Outlook, By Depression (2022-2030) ($MN)
43 Global Medical Foods Market Outlook, By Inborn Errors of Metabolism (2022-2030) ($MN)
44 Global Medical Foods Market Outlook, By Minimal Hepatic Encephalopathy (2022-2030) ($MN)
45 Global Medical Foods Market Outlook, By Neurological & Psychological Disorders (2022-2030) ($MN)
46 Global Medical Foods Market Outlook, By Nutritional Deficiency (2022-2030) ($MN)
47 Global Medical Foods Market Outlook, By Obesity and Hypertension (2022-2030) ($MN)
48 Global Medical Foods Market Outlook, By Ophthalmology (2022-2030) ($MN)
49 Global Medical Foods Market Outlook, By Pathogen Related Infections (2022-2030) ($MN)
50 Global Medical Foods Market Outlook, By Urea Cycle Disorders (2022-2030) ($MN)
51 Global Medical Foods Market Outlook, By Orphan Diseases (2022-2030) ($MN)
52 Global Medical Foods Market Outlook, By Eosinophilic Esophagitis (2022-2030) ($MN)
53 Global Medical Foods Market Outlook, By Phenylketonuria (2022-2030) ($MN)
54 Global Medical Foods Market Outlook, By Food Protein-Induced Enterocolitis Syndrome (FPIES) (2022-2030) ($MN)
55 Global Medical Foods Market Outlook, By Tyrosinemia Types I And II (2022-2030) ($MN)
56 Global Medical Foods Market Outlook, By Propionic Acidemia (2022-2030) ($MN)
57 Global Medical Foods Market Outlook, By Pain Management (2022-2030) ($MN)
58 Global Medical Foods Market Outlook, By Organic Acidurias (2022-2030) ($MN)
59 Global Medical Foods Market Outlook, By Methylmalonic Acidemia (2022-2030) ($MN)
60 Global Medical Foods Market Outlook, By Isovaleric Acidemia (2022-2030) ($MN)
61 Global Medical Foods Market Outlook, By Homocystinuria (2022-2030) ($MN)
62 Global Medical Foods Market Outlook, By Gastrointestinal Disorders (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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