P e r s i s t e n c e M a r k e t R e s e a r c h
The global ready-to-use therapeutic food market offers great opportunities for market players with UNICEF encouraging the domestic production of ready-to-use therapeutic foods.
The global ready-to-use therapeutic food market is segmented on the basis of Product Type into Solid( Powder / Blends, Biscuits / Bar), Semi-solid Paste, and Drinkable Therapeutic Food; and on the basis of Region into North America, Asia Pacific( APAC), Europe, and Middle East & Africa( MEA). The Powder / Blends solid segment is estimated to create incremental $ opportunity of US $ 1.5 Mn between 2016 and 2024, registering a CAGR of 11.2 % during the forecast period. The Biscuits / Bar solid segment is estimated to create incremental $ opportunity of US $ 7.8 Mn between 2016 and 2024, witnessing a CAGR of 8.7 % during the forecast period. The Semi-solid Paste segment is expected to retain its dominance in the global ready-to-use therapeutic food market throughout the forecast period, with 90.7 % value share by 2024.
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Among regions, Europe is estimated to account for a maximum revenue share of 62.0 % of the global ready-to-use therapeutic food market by the end of 2016. The MEA market is expected to account for 19.1 % market share of the global ready-to-use therapeutic food market by the end of 2016. The Europe ready-to-use therapeutic food market is estimated to be valued at US $ 171.0 Mn by 2016 end and is expected to increase to US $ 355.7 Mn by 2024 end, registering a CAGR of 9.6 % during the forecast period.
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This report covers detailed profiles of key players operating in the global ready-to-use therapeutic food market – Insta Products( EPZ) Ltd., MANA, Nutrivita Foods Pvt Ltd., Power Foods Industries Ltd., Tabatchnick Fine Foods, HILINA Enriched Food Processing Center P. L. C., GC Rieber Compact AS, Diva Nutritional Products, Edesia, Inc., Nutriset, and InnoFasoSA. Ease of product availability, rising malnutrition population in developing nations, and an easy storage and distribution network are factors encouraging new players to venture into the global ready-to-use therapeutic food market. Established players in the global ready-touse therapeutic food market are expanding production facilities and are focusing on product innovations, which is creating robust competition in the global ready-to-use therapeutic food market.
Global Ready-To-Use Therapeutic Food Market 2016-2024