Medical Foods Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71294
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The medical foods market share should rise by USD 5.88 billion from 2021 to 2026 at a CAGR of 5.42%.

This medical foods market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (powder, pill, and others) and geography (North America, Europe, Asia, and ROW). The medical foods market report also offers information on several market vendors, including Abbott Laboratories, Danone SA, Fresenius Kabi AG, Medtrition Inc., Metagenics Inc., Nestle SA, Primus Pharmaceuticals Inc., Proliant Inc., Reckitt Benckiser Group Plc, and Targeted Medical Pharma Inc. among others.

What will the Medical Foods Market Size be in 2022?

To Unlock the Medical Foods Market Size for 2022 and Other Important Statistics, Download the Free Report Sample!

Medical Foods Market: Key Drivers and Trends

The growing prevalence of chronic conditions is notably driving the medical foods market growth, although factors such as discrepancies in the categorization of medical foods may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the medical foods industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This medical foods market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Medical Foods Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Abbott Laboratories
  • Danone SA
  • Fresenius Kabi AG
  • Medtrition Inc.
  • Metagenics Inc.
  • Nestle SA
  • Primus Pharmaceuticals Inc.
  • Proliant Inc.
  • Reckitt Benckiser Group Plc
  • Targeted Medical Pharma Inc.

 

The vendor landscape of the medical foods market entails successful business strategies deployed by the vendors. The medical foods market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the medical foods market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Medical Foods Market?

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35% of the market’s growth will originate from Asia during the forecast period. China is the key market for medical foods in Asia. 

The report offers an up-to-date analysis of the geographical composition of the market. Asia has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing geriatric population adopting medical foods will facilitate the medical foods market growth in Asia over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Medical Foods Market?

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The medical foods market share growth by the powder segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the medical foods market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Medical Foods Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.42%

Market growth 2022-2026

$ 5.88 billion

Market structure

Fragmented

YoY growth (%)

4.74

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Asia at 35%

Key consumer countries

US, China, Germany, France, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Abbott Laboratories, Danone SA, Fresenius Kabi AG, Medtrition Inc., Metagenics Inc., Nestle SA, Primus Pharmaceuticals Inc., Proliant Inc., Reckitt Benckiser Group Plc, and Targeted Medical Pharma Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Medical Foods Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive medical foods market growth during the next five years
  • Precise estimation of the medical foods market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical foods market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of medical foods market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Powder - Market size and forecast 2021-2026
  • Pill - Market size and forecast 2021-2026
  • Others - Market size and forecast 2021-2026
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • Asia - Market size and forecast 2021-2026
  • ROW - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Abbott Laboratories
  • Danone SA
  • Fresenius Kabi AG
  • Medtrition Inc.
  • Metagenics Inc.
  • Nestle SA
  • Primus Pharmaceuticals Inc.
  • Proliant Inc.
  • Reckitt Benckiser Group Plc
  • Targeted Medical Pharma Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The medical foods market growth will increase by $5889.34 million during 2021-2026.
The medical foods market is expected to grow at a CAGR of 5.42% during 2021-2026.
Technavio has segmented the medical foods market by product (Powder, Pill, Others, Powder, Pill, Others, Powder, Pill, and Others).
Abbott Laboratories, Danone SA, Fresenius Kabi AG, Medtrition Inc., Metagenics Inc., Nestle SA, Primus Pharmaceuticals Inc., Proliant Inc., Reckitt Benckiser Group Plc, Targeted Medical Pharma Inc. are a few of the key vendors in the medical foods market.
Asia will register the highest growth rate of 34.54% among the other regions. Therefore, the medical foods market in Asia is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the medical foods market growth are:
  • Growing prevalence of chronic conditions
The medical foods market vendors should focus on grabbing business opportunities from the powder segment as it accounted for the largest market share in the base year.
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