SEATTLE, July 27, 2021, (MEDGADGET) — U.S. Medical Foods Market Analysis
Overview
Medical foods are nutritional formulations that are eaten or delivered entirely under the guidance of a healthcare professional. Medical diets are designed to help people treat an illness or a wellness problem by dietary changes. Furthermore, the bulk of the U.S. medical foods market is concentrated in the U.S. And Europe, due to the involvement of key players such as Nestle Inc., Yakult Honsha Co., Ltd., and others in these areas.
Get Sample PDF Brochure with Impact of COVID19: https://www.coherentmarketinsights.com/insight/request-pdf/3215
Moreover, the consumer awareness of medical foods, owing to the health benefits of medical foods containing prebiotic and probiotic ingredients, as well as the industry players’ emphasis on medical food product marketing, are projected to drive market growth over the forecast period. Yakult Honsha Co., Ltd., a probiotic production firm, ran a campaign in March 2018 called “Yakult: Keep Drinking to Feel the Difference,” which resulted in increased sales of the company’s products in Japan.
In 2019, the U.S. medical foods market had a valuation of US$ 10,991.5 million, with a CAGR of 17.1% predicted over the projected period (2019-2027)
Drivers
Over the forecast period, rising prevalence of gastrointestinal diseases is expected to drive growth of the U.S. medical foods market.
During the forecast period, the U.S. medical foods market is projected to be driven by rising demand for medical food among people suffering from gastrointestinal diseases. Clostridium difficile infection is one of the most prevalent healthcare-associated infections in the U.S., affecting over 500,000 people and resulting in about 15,000 deaths per year, according to the Centers for Disease Control and Prevention (CDC).
Tailored Information as per niche requirement:
LIMITED TIME OFFER – Hurry Up!
Exclusive offer!!! Purchase the report at a discounted rate!!!
Get Discount For Buyers UPTO 30% OFF On Any Research Report
Flat Instant discount of US$ 2000
Buy Now with Discount for Premium Report 2021: https://www.coherentmarketinsights.com/promo/buynow/3215
Moreover, the market is expected to grow due to the rising incidence and prevalence of Crohn’s disease in the U.S. over the forecast period. In 2015, around 3 million people in the U.S. were diagnosed with an inflammatory bowel disorder (Crohn’s disease or ulcerative colitis), according to the Centers for Disease Control and Prevention’s 2018 estimates. This was a substantial improvement from 1999 figures of 0.9 percent of the adult population in the U.S. or 2 million adults.
During the forecast period, however, the U.S. medical foods market is forecast to be hampered by strict product approval regulations. Probiotics cannot be marketed to heal, treat, or prevent any diseases, according to FDA recommendations released in 2016. Furthermore, probiotic supplements intended for investigational use must be legally sold as a traditional food or nutritional supplement, according to the guidelines.
Over the forecast period, rising understanding of prebiotics and probiotic products is expected to drive market growth.
Due to the health benefits associated with medical food containing prebiotics and probiotics, it is predicted to gain substantial popularity among U.S. consumers. Probiotics help to maintain a healthy microbiota in the body, which is vital for optimizing metabolic processes. Prebiotic and probiotic-based foods are becoming increasingly mainstream, as shown by the sales of these items around the world. From January to June 2019, Yakult Honsha Co. Ltd., a probiotic drink retailer and maker, sold 373 thousand bottles of probiotic drinks per day in the U.S. Furthermore, Yakult Honsha Co. Ltd. is working to widen the market for its low-calorie goods. In August 2019, the organization extended distribution of Yakult Light, a probiotic drink, to 15 states in the eastern U.S. in order to raise awareness of its brands among health-conscious customers.
View Press Release For More Information @ https://www.coherentmarketinsights.com/press-release/us-medical-foods-market-2611
In addition, major market players are concentrating on regional expansion in order to expand their market share in the emerging market. In July 2019, DuPont, a chemical corporation headquartered in the U.S. opened a new fermentation unit at its plant in New York to increase its probiotics supply and sell health and fitness products to the New York market.
Key Players
Key companies contributing in the U.S. medical foods market are ExeGi Pharma, LLC, Yakult Honsha Co., Ltd., Entera Health, Inc., Danone, Enterome SA, Nestlé S.A., Meiji Holdings Co., Ltd., Abbott, and VSL Pharmaceuticals, Inc.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Food Type
- Market Snippet, By Disease Indication
- Market Snippet, By Distribution Channel
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Developments
- Regulatory Scenario
- Recent Product Launch
- PEST Analysis
- Epidemiology
- Major Brand Analysis
- Market Dynamics
- S. Medical Foods Market, By Food Type, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Prebiotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Probiotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Probiotic Foods
- Probiotic Supplements
- Food Supplements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- S. Medical Foods Market, By Disease Indication, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Inflammatory Bowel Disease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Ulcerative Colitis
- Cohn’s Disease
- Irritable Bowel Syndrome
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- S. Medical Foods Market, By Distribution Channel, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Retail Channel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Online Channel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Analyst Views
- Section
- References
- Research Methodology
- About Us and Sales Contact
Other Exclusive Reports:
Pediatric Clinical Trials Market To Surpass US$ 22,993.0 Million By 2027
Rx Medical Food Market To Surpass US$ 30,757.3 Million By 2027
India Medical Nutrition Market To Surpass US$ 718.3 Million By 2028
Cannabis Cultivation Market To Surpass US$ 100,311.51 Million By 2027
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
To know more about us, please visit our website – www.coherentmarketinsights.com
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837