How the Medical Foods Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2247 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theMedical Foods Market?
The medical foods market is growing due to the increase in the geriatric population. Aging results in a gradual loss of function and an increased need for nutritional foods, particularly medical foods that help manage age-related and chronic diseases. The WHO reports that by 2030, one in six people will be 60 or older, with 2.1 billion people over 60 by 2050. This demographic shift is driving the growth of the medical foods market.
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#What Long-Term Growth Rate is Expected for theMedical Foods Market Between 2025 and 2034?
The medical foods market size has experienced steady growth in recent years. It will grow from $22.8 billion in 2024 to $24.6 billion in 2025, at a compound annual growth rate (CAGR) of 7.9%. Growth is attributed to the rising prevalence of chronic diseases, advances in medical and nutritional science, an aging population, growing awareness of the role of nutrition in health management, and regulatory support for medical foods.
The medical foods market is projected to grow significantly, reaching $33.61 billion by 2029 at a CAGR of 8.1%. Factors contributing to this growth include a growing focus on preventive healthcare, increased demand for personalized nutrition, expanded applications in metabolic disorders, advances in nutrigenomics, and consumer interest in functional foods. Key trends include the development of condition-specific formulations, collaboration between food and pharmaceutical industries, expanded distribution channels, digital technologies in personalized nutrition, and an emphasis on clean-label and natural ingredients.
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What Key Market Trends and Innovations Are Shaping the Future of theMedical Foods Industry?
Product innovation is a growing trend in the medical foods market, particularly with the development of foods for special medical purposes (FSMP) to meet expanding customer bases. For example, in July 2022, Nestlé, a Switzerland-based food company, launched Si Yi Su, a food designed for individuals with tumor-related conditions. This product includes key nutrients like arginine, fish oil omega-3, and nucleotides, targeting inflammation and boosting immunity in patients.
Which Companies Are Leading the Charge in Expanding theMedical Foods Market Growth?
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.
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How is the Global Medical Foods Market Segemented?
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
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Which Geographics are Influencing 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
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