Medical Foods Market Size Worth $33.5 Billion By 2030

The global medical foods market size was worth USD 21.2 billion in 2021 and is predicted to be USD 33.5 billion by 2030 at a 5.2% CAGR. The demand for medical foods is anticipated to expand during the forecast period owing to the increase in communicable as well as non-communicable diseases. Additionally, the association of nutritional values and dietary management benefits with medical foods is likely to drive the market in the forecast period.

The COVID-19 pandemic had a positive impact on the medical food market due to the increase in demand for clinical food, which is expected to boost the market and create an essential role in the rehabilitation and recovery process of patients. Besides, the role of key players through strategic developments resulted in high demand for critical care, which is likely to uplift the market growth during the forecast period.

The need for medical foods to cater to the geriatric and sarcopenia population is driving the market by assisting patients to get rid of disorders like dementia, stroke, and sclerosis. Additionally, medical foods are considered to control and manage diabetic neuropathy and chronic diseases. Such diseases are caused owing to unhealthy diets and lifestyles and medical foods act as a cure to manage and overcome diseases, thus expected to boost market growth during the forecast period.

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Medical Foods Market Report Highlights

• Based on the route of administration, the oral segment accounted for the highest revenue share of 65.0% in 2021. The need for manufacturing oral products to cater to the clinical food administration is the main reason for dominating the segment

• Based on product insights, the powder segment dominated the market with a 35.0% revenue share in 2021 due to the rapid rise in the adoption of powdered medical foods by patients and physicians

• Based on application insights, the chemotherapy-induced diarrhea segment upheld a 15.0% revenue share in 2021 owing to the increase in demand for medical foods for maintaining diets especially, for patients treated with cytotoxic drugs

• Based on the sales channel insights, the institutional segment in 2021 recorded a revenue share of 40.0%. The segment is likely to drive market growth in the forecast period due to the rise in the need for treatment and diagnosis of patients impacted with illnesses

• Based on regional insights, in 2021, North America dominated the segment with a 30.0% revenue share. The region comprises several key organizations with the aim to launch and promote new medical food products through strategic developments

Medical Foods Market Report Segments

Medical Foods Route of Administration Outlook (Revenue, USD Million, 2016 - 2030)
    • Oral
    • Enteral

Medical Foods Product Outlook (Revenue, USD Million, 2016 - 2030)
    • Pills
    • Powder
    • Liquid
    • Others

Medical Foods Application Outlook (Revenue, USD Million, 2016 - 2030)
    • Chronic Kidney Disease
    • Minimal Hepatic Encephalopathy
    • Chemotherapy-Induced Diarrhea
    • Pathogen Related Infections
    • Diabetic Neuropathy
    • ADHD
    • Depression
    • Alzheimer's Disease
    • Nutritional Deficiency
    • Orphan diseases
        • Phenylketonuria
        • Tyrosinemia
        • Eosinophilic esophagitis
        • FPIES
        • MSUD
        • Homocystinuria
        • Others
    • Wound Healing
    • Chronic Diarrhea
    • Constipation Relief
    • Protein Booster
    • Dysphagia
    • Pain Management
    • Parkinson's Disease
    • Epilepsy
    • Other Cancer-related treatments
    • Severe protein allergy
    • Other

Medical Foods Sales Channel Outlook (Revenue, USD Million, 2016 - 2030)
    • Online Sales
    • Institutional Sales
    • Retail Sales

Medical Foods Regional Outlook (Revenue, USD Million, 2016 - 2030)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
        • Spain
        • Italy
        • Russia
    • Asia Pacific
        • Japan
        • China
        • India
        • Australia
        • New Zealand
        • Singapore
        • South Korea
    • Latin America
        • Brazil
        • Mexico
        • Argentina
    • Middle East & Africa
        • South Africa
        • Saudi Arabia
        • UAE

List of Key Players in Medical Foods Market
    • Nestle
    • Danone
    • Abbott
    • Mead Johnson & Company, LLC
    • Fresenius Kabi
    • Targeted Medical Pharma, Inc.
    • Primus Pharmaceuticals, Inc.
    • Medtrition, Inc.