R e s e a r c h
Report Media Releases
Global Ready-To-Use Therapeutic Food Market Estimated
to be Valued at US$ 617.4 Mn by 2024; Europe to Dominate
the Market Through 2024
In a new report titled “Ready-to-use Therapeutic Food Market: Global Industry Analysis and
Forecast, 2016–2024”, Persistence Market Research delivers key insights on the global ready-touse therapeutic food market and analyzes the key factors and trends impacting market
M a r k e t
performance over an eight-year forecast period (2016 – 2024). In 2015, the global ready-to-use
therapeutic food market was valued at US$ 249.2 Mn, and this is estimated to increase to US$
276.0 Mn by 2016 end, reflecting a Y-o-Y growth rate of 10.7%. In terms of value, the global
ready-to-use therapeutic food market is expected to register a CAGR of 10.6% during the
forecast period.
Increasing government as well as NGO focus on the treatment of malnutrition is expected to
drive revenue growth of the global ready-to-use therapeutic food market over the forecast period.
Also, an increasing demand for drinkable ready-to-use therapeutic foods and rising global
emergencies and disasters is expected to further fuel market growth. Demand for semi-solid
P e r s i s t e n c e
paste therapeutic food products as a result of easy storage and distribution is fueling the
demand for ready-to-use therapeutic food products to manage people suffering from severe
acute malnutrition. Demand for ready-to-use drinkable therapeutic food is increasing with the
government focusing on increasing the procurement of drinkable ready-to-use foods for small
children. Rise in regional government bodies and global manufacturers planning to establish
local manufacturing facilities is another major driving factor fueling the growth of the global
ready-to-use therapeutic food market. However, increasing consumer/local government shift
towards local ingredients and inconsistencies in ready-to-use therapeutic food milk products
thereby creating a risk of contamination are factors likely to restrict market growth during the
forecast period.
Download Report Table of Content, Figures, and Tables @
http://www.persistencemarketresearch.com/market-research/ready-to-use-therapeuticfood-market/toc
Global Ready-To-Use Therapeutic Food Market 2016-2024