The global medical foods market size was USD 22.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.8% during the forecast period. Rising prevalence of chronic diseases, demand for personalized nutrition, and nutritional deficiencies among people and increasing awareness about prebiotics and probiotic products are key factors driving market revenue growth.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Medical Foods according to the impact of COVID-19.
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The leading market contenders listed in the report are:
Danone SA, Abbott Laboratories, Targeted Medical Pharma, Inc., Metagenics, Nestlé SA, Reckitt Benckiser Group PLC, Medtrition Inc., Primus Pharmaceuticals, Inc., Alfasigma USA, Inc., Mead Johnson & Company, LLC, Meiji Holdings Co., Ltd., Cerecin Inc., Fresenius SE & Co. KGaA, Agilent Technologies, Inc., Swiss Medical Food DE GmbH, Victus, Inc., Otsuka Pharmaceutical Factory, Inc., Cambrooke Therapeutics, Nutrasource, and Grunbiotics
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Market Segmentations of the Medical Foods Market
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Regional Outlook of the Medical Foods Market
The global Medical Foods market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Medical Foods market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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