Global Market Study on Ready-to-use-Therapeutic
Foods: Drinkable Therapeutic Food Segment
Expected to Gain Significant Market Share
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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
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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
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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.
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Global Ready-To-Use Therapeutic Food Market 2016-2024
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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
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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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Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/ready-to-use-therapeutic-food-market.asp
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
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Global Ready-To-Use Therapeutic Food Market 2016-2024
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Global Ready-To-Use Therapeutic Food Market 2016-2024