[Market Report] Global Medical Food Market
The global market for medical foods is projected to reach 35.8 billion dollars by 2031.
The global medical food market, which recorded sales of 22.9 billion USD in 2022, is expected to achieve significant growth, reaching 35.8 billion USD by 2031. This expansion, projected to progress at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2031, highlights the increasing demand for specialized nutritional solutions in healthcare. Medical foods are specially formulated to meet the dietary requirements of individuals with specific medical conditions and are gaining prominence in the healthcare sector. Unlike conventional foods, medical foods are designed to provide targeted nutritional support, incorporating elements such as vitamins, minerals, and amino acids. Medical foods are intended for use under the supervision of healthcare providers and are essential for managing conditions such as phenylketonuria (PKU), Alzheimer's-type dementia, and other neurological disorders. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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