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Published Date: September, 2019

Medical Food Market (Mode of Administration - Oral, and Enteral; Products - Pills, Powders, and Other Products; Application - Chronic Kidney Diseases, Minimal Hepatic Encephalopathy, Chemotherapy Induced Diarrhoea, Pathogen Related Infections, Nutritional Deficiency, Orphan Diseases, and Other Applications; Sales Channel - Online Sales, Institutional Sales, and Retail Sales): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

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A recent report published by Infinium Global Research on medical food market provides an in-depth analysis of segments and sub-segments in the global as well as a regional medical food market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional medical food market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global medical food market. According to the report, the global medical food market is projected to grow at a CAGR of 5.4% over the forecast period of 2019-2025.

Market Insight

Medical foods are specialized food products to provide specific food ingredients to the patients. These food products are carefully prepared for patients as per their requirement.  The type of food products have the specific nutritional capability, that cannot be supplied by the ordinary diet. As per the U.S. Food and Drug Administration, it is a customized food, that is consumed by the patients or sometimes orally administrated to them. It is provided to the patients under the supervision of skilled healthcare professionals. Additionally, these food products are customized to provide the specific dietary requirement of the patients for the short term.

The growing awareness among the healthcare professionals for the different type of customized medical food for the patients is helping to grow the demand of the medical food around the world. Further, the growth of the organized retail hospital chain who are pro-consumer health in the short term, are helping to boost the demand of the medical food products. However, the cast factor of the medical food products is restricting its use in the few consumer groups only. The government initiative to provide better health care facilities in the developing countries is expected to boost the demand of medical food products around the world.

Geographically, the medical food market is segmented into four regions namely North America, Europe, the Asia Pacific and RoW. North America is the largest player in the medical food market, owing to the presence of several medical food companies in this region. Further, the presence of the large consumer group in this region is helping to grow this market in this region. The Asia-Pacific medical food market is expected to grow at the highest CAGR during the forecast period, owing to the increasing demand of the medical food for quickest recovery of patients.

Segment Covered

The report on global medical food market covers segments such as mode of administration, products, application, and sales channel. On the basis of mode of administration, the sub-markets include oral, and enteral. On the basis of products, the sub-markets include pills, powders, and other products. On the basis of application, the sub-markets include chronic kidney diseases, minimal hepatic encephalopathy, chemotherapy induced diarrhoea, pathogen related infections, nutritional deficiency, orphan diseases, and other applications. On the basis of sales channel, the sub-markets include online sales, institutional sales, and retail sales. 

Companies Profiled:

The report provides profiles of the companies in the market such as Primus Pharmaceuticals, inc., Meiji Holdings Company, Ltd., Accera, Inc., Alfasigma S.p.A., Fresenius Kabi, Mead Johnson, Targeted Medical Pharma, Abbott Laboratories, Nestlé S.A., and Danone S.A. 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of medical food market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.

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