Market Insights
Therapeutic foods are generally produced for nutritional and therapeutic purposes in the form of dietary supplements. These are made up of carbohydrates, proteins, minerals, vitamins, and lipids. Therapeutic foods are generally produced by crushing all ingredients together and mixing them. Its core function is that it is utilized for emergency feeding of malnourished children, which is escalating its demand all across the globe.
The global market for ready-to-use therapeutic foods is growing at a significant rate and is expected to attain significant growth over the forecast period until 2023. Rising government emphasis on curing malnutrition, along with increasing population and health consciousness, is anticipated to bolster the growth of the ready-to-use therapeutic food market over the forecast period.
At present, the North American region captured the maximum share in revenue from the ready-to-use therapeutic food market and is anticipated to dominate over the forecast period. The cost-effective accessibility of raw materials in the Asia Pacific region is likely to foster the growth of the ready-to-use therapeutic food market in the region over the forecast period.
The global market for ready-to-use therapeutic foods is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global ready-to-therapeutic food market is segmented on the following bases:
By Type of Product
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- Semi-Solid Paste
- Drinkable Therapeutic Food
- Solid
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified across the value chain in the ready-to-use therapeutic food market include but are not limited to:
Hilina, Edesia USA, Nutriset SAS, Power Foods Tanzania, NutriVita Foods, Compact AS, Mana Nutritive Aid Products, Tabatchnik Fine Foods, InnoFaso, and others
This report offers the following:
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- An overview of the global ready-to-use therapeutic food market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles highlight key information about the major players operating in the global ready-to-use therapeutic food market.
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the Ready to Use Therapeutic Food market.
