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Medical Foods Market

Global Medical Foods Market Size, Share, Growth, Forecast: By Route of Administration: Oral, Enteral; By Product Type: Pills, Powders, Others; By Application; By Sales Channel: Online Sales, Institutional Sales, Retail Sales; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Medical Foods Market Outlook

The global medical foods market stood at a value of around USD 25.02 billion in 2023. The market is further expected to grow at a CAGR of 6% in the forecast period of 2024-2032 to attain a value of USD 42.26 billion by 2032.

 

Global Medical Foods Market

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Increasing Demand for Medical Foods to Treat the Patients Suffering from Diabetic Neuropathy to Aid the Medical Foods Industry Growth

Based on application, the diabetic neuropathy segment is predicted to hold a significant market share in the medical foods industry. This growth can be attributed to the increased incidences of diabetes across the globe. According to the WHO statistics, an estimated 1.5 million people succumbed to diabetes in 2019. In addition, diabetes can also lead to other severe health conditions such as blindness, kidney failure, strokes, and heart attack, among others.

Diabetic neuropathy involves nerve damage, which is a direct result of diabetes, wherein keeping the blood sugar under control is essential. In this regard, medical foods are being preferred to help manage the proper diet of patients, as diabetes can be controlled and treated by maintaining a healthy diet, engaging in physical activities, and going for regular medical check-ups. These factors are predicted to enhance the demand for medical foods to treat diabetic neuropathy in the forecast period.

 

North America to Account for a Significant Market Share in the Global Medical Foods Industry

North America is estimated to hold a significant share of the medical foods industry in the forecast period. This growth can be attributed to the presence of leading market players in the region. The heightened investments in the healthcare industry and the availability of state-of-the-art healthcare infrastructure are also aiding the regional market growth. Moreover, the growing geriatric population with a heightened risk of acquiring diseases is also predicted to bolster the industry growth. The rising disposable incomes and improved living standards are also expected to contribute to the overall market growth in the coming years.

 

Medical Foods: Market Segmentation

Medical foods are specialised foods, which are consumed or enterally administered under the supervision of a medical practitioner. These are generally utilised in specialised dietary management. In addition, medical foods comprise highly purified therapeutic ingredients to provide nutrition and help treat certain diseases or a particular health condition. These foods are modified to add specific nutritional elements based on the medical requirement of patients.

 

Global Medical Foods Market by Segment

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By route of administration, the market is bifurcated into:

  • Oral
  • Enteral

On the basis of product type, the market can be segmented into:

  • Pills
  • Powders
  • Others

Based on application, the industry can be distributed into:

  • Chronic Kidney Disease
  • Minimal Hepatic Encephalopathy
  • Chemotherapy-induced Diarrhea
  • Pathogen Related Infections
  • Diabetic Neuropathy
  • ADHD
  • Depression
  • Alzheimer’s Disease
  • Nutritional Deficiency
  • Orphan Disease
  • Others

Among these, the orphan disease segment can be further divided by type into phenylketonuria, eosinophilic esophagitis, FPIES, and others. 

Based on sales channel, the market can be categorised into:

  • Online Sales 
  • Institutional Sales
  • Retail Sales

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Medical Foods Market by Region

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Increased Incidences of Chronic Disorders to Augment the Global Medical Foods Industry

The increasing incidences of chronic diseases are anticipated to drive the medical foods industry growth in the coming years. According to the WHO statistics, approximately 17.9 million people succumbed to cardiovascular diseases in 2019, representing 32% of all deaths globally. In addition, a 5% increase was observed in diabetes-related premature deaths between 2000 to 2016. In this regard, medical foods are increasingly being adopted to help meet the nutritional requirements of patients and help reduce their mortality risk. Moreover, the growing geriatric population, which is more susceptible to severe ailments and injury, is also anticipated to propel the demand for medical foods. Furthermore, the rising awareness pertaining to medical foods and the increasing consciousness regarding health and well-being are also predicted to aid the industry growth. These factors are estimated to positively impact the market growth in the forecast period.

 

Key Industry Players in the Global Medical Foods Market

The report gives a detailed analysis of the following key players in the global medical foods market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Danone S.A
  • Nestle S.A
  • Abbott Nutrition 
  • Targeted Medical Pharma Inc.
  • Primus Pharmaceuticals, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Route of Administration 
  • Product Type
  • Application
  • Sales Channel
  • Region
Breakup by Route of Administration 
  • Oral
  • Enteral
Breakup by Product Type
  • Pills
  • Powders
  • Others
Breakup by Application
  • Chronic Kidney Disease
  • Minimal Hepatic Encephalopathy
  • Chemotherapy-induced Diarrhea
  • Pathogen Related Infections
  • Diabetic Neuropathy
  • ADHD
  • Depression
  • Alzheimer’s Disease
  • Nutritional Deficiency
  • Orphan Disease
  • Breakup by Type
  • Others
Breakup by Sales Channel
  • Online Sales
  • Institutional Sales
  • Retail Sales
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Competitive Landscape
  • Danone S.A
  • Nestle S.A
  • Abbott Nutrition
  • Targeted Medical Pharma Inc.
  • Primus Pharmaceuticals, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Medical Foods Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Medical Foods Historical Market (2018-2023) 
    8.3    Global Medical Foods Market Forecast (2024-2032)
    8.4    Global Medical Foods Market by Route of Administration 
        8.4.1    Oral
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Enteral
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Medical Foods Market by Product Type
        8.5.1    Pills
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Powders
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others
    8.6    Global Medical Foods Market by Application
        8.6.1    Chronic Kidney Disease
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Minimal Hepatic Encephalopathy
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Chemotherapy-induced Diarrhea
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Pathogen Related Infections
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Diabetic Neuropathy
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    ADHD
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Depression
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
        8.6.8    Alzheimer’s Disease
            8.6.8.1    Historical Trend (2018-2023)
            8.6.8.2    Forecast Trend (2024-2032)
        8.6.9    Nutritional Deficiency
            8.6.9.1    Historical Trend (2018-2023)
            8.6.9.2    Forecast Trend (2024-2032)
        8.6.10    Orphan Disease
            8.6.10.1    Historical Trend (2018-2023)
            8.6.10.2    Forecast Trend (2024-2032)
            8.6.10.3    Breakup by Type
                8.6.10.3.1    Phenylketonuria
                8.6.10.3.2    Eosinophilic Esophagitis
                8.6.10.3.3    FPIES
                8.6.10.3.4    Others 
        8.6.11    Others
    8.7    Global Medical Foods Market by Sales Channel
        8.7.1    Online Sales
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Institutional Sales
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Retail Sales
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)    
    8.8    Global Medical Foods Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America Medical Foods Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Medical Foods Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Medical Foods Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Medical Foods Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Medical Foods Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Danone S.A
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Nestle S.A
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Abbott Nutrition
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Targeted Medical Pharma Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Primus Pharmaceuticals, Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables 

1.    Global Medical Foods Market: Key Industry Highlights, 2018 and 2032
2.    Global Medical Foods Historical Market: Breakup by Route of Administration (USD Billion), 2018-2023
3.    Global Medical Foods Market Forecast: Breakup by Route of Administration (USD Billion), 2024-2032
4.    Global Medical Foods Historical Market: Breakup by Product (USD Billion), 2018-2023
5.    Global Medical Foods Market Forecast: Breakup by Product (USD Billion), 2024-2032
6.    Global Medical Foods Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Medical Foods Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Medical Foods Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
9.    Global Medical Foods Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
10.    Global Medical Foods Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Medical Foods Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Medical Foods Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Medical Foods Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Medical Foods Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Medical Foods Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Medical Foods Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Medical Foods Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Medical Foods Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Medical Foods Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Medical Foods Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Medical Foods Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Medical Foods Market Structure

Key Questions Answered in the Report

In 2023, the global medical foods market attained a value of nearly USD 25.02 billion.

The market is projected to grow at a CAGR of 6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 42.26 billion by 2032.    

The major market drivers include the increasing demand for medical foods in the treatment of various diseases, surging health consciousness, and rising investments in research and development activities by leading manufacturers.

The key trends guiding the market growth the increasing incidences of chronic diseases and the rising awareness about the benefits of medical foods.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant routes of administration of the product include oral and enteral.

The various product types considered in the market report are pills and powders, among others.

The major applications include chronic kidney disease, minimal hepatic encephalopathy, chemotherapy-induced diarrhoea, pathogen related infections, diabetic neuropathy, ADHD, depression, Alzheimer’s disease, nutritional deficiency, and orphan disease, among others.

The significant sales channels include online sales, institutional sales, and retail sales.

The key market players include Danone S.A, Nestle S.A, Abbott Nutrition, Targeted Medical Pharma Inc., and Primus Pharmaceuticals, Inc., among others.

Analyst Review

The global medical foods market attained a value of USD 25.02 billion in 2023, driven by the increased incidences of chronic diseases. Aided by the rising awareness regarding the importance of medical foods in treatment procedures and patient recovery, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6%. The market is projected to reach USD 42.26 billion by 2032.    

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of route of administration, the market can be distributed into oral and enteral. By product type, the industry can be segmented into pills, powders, and others. On the basis of application, the market can be categorised into chronic kidney disease, minimal hepatic encephalopathy, chemotherapy-induced diarrhea, pathogen related infections, diabetic neuropathy, ADHD, depression, Alzheimer’s disease, nutritional deficiency, orphan disease, and others. Based on sales channels, the industry can be segregated into online sales, institutional sales, and retail sales. The major regional markets for medical foods are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Danone S.A, Nestle S.A, Abbott Nutrition, Targeted Medical Pharma Inc., Primus Pharmaceuticals, Inc., and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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