Unlocking the Future of the Medical Foods Market: Growth Rate, Key Trends, and Opportunities for 2025-2034
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How has the medical foods market size evolved in recent years?
The scale of the medical foods market has seen significant expansion in the past couple of years. It is projected to expand from a valuation of $22.8 billion in 2024 to touch a figure of $24.6 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.9%. The growth experienced during the historical timeframe is linked to the escalating pervasiveness of chronic illnesses, advancements in medical and nutritional science, an increase in the elderly population, enhanced understanding of how nutrition impacts health management, and regulatory backing for medical foods.
What are the predictions for the medical foods market size in the coming years?
The market for medical foods is predicted to experience significant expansion in the coming years, with a projected growth to $33.61 billion in 2029, witnessing a compound annual growth rate (CAGR) of 8.1%. The escalation anticipated in the forecast period is a result of the increased emphasis on preventive healthcare, the growth in demand for individualized nutrition, and the broadening of applications for metabolic disorders. Furthermore, advancements in nutrigenomics and personalized medicine, along with a heightened interest in functional foods among consumers, contribute to this trend. The forecast period will also witness crucial trends including the creation of medical food formulations targeted at specific conditions, alliances between the food and pharmaceutical sectors, the widening of distribution networks involving e-commerce platforms, the incorporation of digital technology in personal nutrition, and a heightened focus on clean-label and natural components in medical foods.
Get your medical foods market report here!
https://www.thebusinessresearchcompany.com/report/medical-foods-global-market-report
What key factors are fueling the growth of the medical foods market?
The augmentation of the elderly population is notably aiding the expansion of the medical foods market. Aging at a molecular and cellular level is brought about by the accumulation of various biomolecular damages over time. This accumulation gradually leads to a decline in functional abilities, and heightens the risk of diseases and eventually, mortality. These alterations are neither linear nor constant and they have a distant relation to an individual’s chronological age. As individuals age, their reliance on specific nutritional foods escalates, particularly medical foods required to manage chronic and age-related diseases. For example, in October 2022, based on a report issued by the World Health Organization (WHO), a Swiss agency in charge of global public health, it is predicted that by 2030, one in six individuals will be 60 years of age or older worldwide. Expectedly by 2050, there will be 2.1 billion people around the globe aged 60 or older. As a result, this surge in the elderly population is anticipated to drive the growth of the medical foods market.
How is the global medical foods market divided into key segments?
The medical foods market covered in this report is segmented –
1) By Type: Pills, Powder, Other Types
2) By Application: Alzheimer’s Disease, Diabetic Neuropathy, Nutritional Deficiency, ADHD, Other Applications
3) By Sales Channel: Retail Sales, Online Sales, Institutional Sales
Subsegments:
1) By Pills: Tablets, Capsules, Softgels
2) By Powder: Nutritional Powders, Fiber Powders
3) By Other Types: Liquid Formulations, Ready-To-Drink Products, Functional Bars And Snacks
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6353&type=smp
Who are the key firms paving the way for growth in the medical foods market?
Major companies operating in the medical foods market include Nestlé SA, Danone SA, Fresenius Kabi AG, Mead Johnson & Company LLC, Primus Pharmaceuticals Inc., Abbott Nutrition Inc., Accera Inc., Ajinomoto Cambrooke Inc., Applied Food Sciences Inc., Cambrooke Therapeutics Inc., Danone Nutricia North America Inc., Health and Happiness (H&H) Group Limited, RFI Ingredients LLC, Solace Nutrition LLC, Targeted Medical Pharma Inc., VAYA Pharma Inc., Baxter Healthcare Corporation, Braun Melsungen AG, DuPont Nutrition & Biosciences, Enteral Nutrition Holdings Inc., Fresenius Medical Care AG & Co. KGaA, Nutricia North America Inc., Otsuka Pharmaceutical Co. Ltd., Koninklijke DSM NV, Total Parenteral Nutrition Solutions Inc.
Which trends are expected to transform the medical foods market?
Significant corporations in the medical foods sector are introducing unique products like foods for special medical purposes (FSMP) to expand their customer reach, boost sales, and improve revenue. FSMP encompasses uniquely formulated food items targeted at those with particular medical disorders, conditions, or illnesses. For instance, in July 2022, Nestle, a Switzerland-based food firm, introduced Si Yi Su, an FSMP catered toward individuals managing tumor-related conditions. The distinguishing aspect of Si Yi Su lies in its unique formulation – it contains arginine, omega-3 from fish oil, nucleotides, and other crucial nutritional components. This blend is meticulously designed to combat inflammation and fortify the weakened immune systems of patients.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6353
What regions are contributing significantly to the growth of the medical foods market?
North America was the largest region in the medical foods market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical foods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Browse Through More Similar Reports By The Business Research Company:
Cell Culture Consumables And Equipment Global Market Report 2024
3D Cell Culture Technologies Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/3d-cell-culture-technologies-global-market-report
Electronic and Precision Equipment Repair and Maintenance Global Market Report 2024
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
