Global Market Study on Ready-to-use Therapeutic Foods: Drinkable Therapeutic Food Segment Expected to Gain Significant Market Share


  • Published On : Oct-2016 |
  • Pages : 112 Pages |
  • Format :

Persistence Market Research offers an eight-year forecast for the global ready-to-use therapeutic food market between 2016 and 2024 in a new report. The primary objective of the report is to provide key insights on the current scenario and expected future growth of the global ready-to-use therapeutic food market. The study demonstrates market dynamics that are expected to influence the current environment and future prospects of the global ready-to-use therapeutic food market over the forecast period.

The report begins with an introduction followed by a detailed analysis of the drivers, restraints, opportunities, and key trends influencing the global ready-to-use therapeutic food market. The subsequent sections include a comprehensive analysis of the global ready-to-use therapeutic food market segmented on the basis of product type and region. The report provides a market outlook for 2016–2024 and sets the forecast within the context of the global ready-to-use therapeutic food market. A detailed analysis has been provided for each segment in terms of region-wise market size analysis. This study further discusses key regional trends contributing to the growth of the global ready-to-use therapeutic food market and analyses the degree to which drivers are influencing the markets in each region.

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view of leading companies operating in the global ready-to-use therapeutic food market. Detailed profiles of key players are also included in the scope of the report to evaluate their long-term and short-term strategies, recent developments, and key brands and products offered. Top players in the global ready-to-use therapeutic food market covered in the report include 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.

Research methodology

To deduce the global ready-to-use therapeutic food market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by product type and region; and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated and expected revenue contribution in the global ready-to-use therapeutic food market.

The report begins with sizing the market in terms of value and volume for the base year, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, gathered data is triangulated via different analysis based on supply side and demand side drivers and other key dynamics of the global ready-to-use therapeutic food market. To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market. The report provides forecasts not only in terms of CAGR but also presents a detailed analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global ready-to-use therapeutic food market.

Another key feature of this report is an analysis of the global ready-to-use therapeutic food market and the corresponding revenue forecast in terms of absolute dollar opportunity, usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global ready-to-use therapeutic food market. Further, to understand key segments in terms of their growth and to determine the overall global ready-to-use therapeutic food market performance, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global ready-to-use therapeutic food market.

Ready-to-use therapeutic foods have proven highly effective in promoting rapid weight gain in children recovering from severe acute malnutrition, and hence are recommended for the treatment of malnutrition by UNICEF and WHO. The global ready-to-use therapeutic food market is anticipated to register a CAGR of 10.6% during the forecast period, and is expected to be valued at US$ 617.4 Mn by the end of 2024. 

Market drivers and trends 

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. Increasing instances of malnutrition along with a rapidly growing population is another key market driver. Also, an increasing demand for drinkable ready-to-use therapeutic foods and rising global emergencies and disasters is expected to further fuel market growth. 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.

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. 

Segment analysis 

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. The Drinkable ready-to-use therapeutic food segment is expected to gain significant market share during the forecast period. The Semi-solid Paste segment is estimated to be valued at US$ 251.1 Mn by 2016 end and is expected to reach US$ 559.8 Mn by 2024 end, registering a CAGR of 10.5% during the forecast period. The Drinkable Therapeutic Food segment is estimated to be valued at US$ 15.5 Mn by 2016 end and is expected to reach US$ 39.0 Mn by the end of 2024. This segment is expected to witness a CAGR of 12.2% during the forecast period.

ready to use therapeutic food market

Regional analysis

The global ready-to-use therapeutic food market is segmented into four main regions – North America, Asia Pacific (APAC), Europe, and Middle East & Africa (MEA). The MEA market is likely to account for comparatively higher revenue contribution in the global ready-to-use therapeutic food market. The North America ready-to-use therapeutic food market is estimated to be valued at US$ 35.7 Mn by 2016 end, and is expected to reach US$ 78.2 Mn by 2024 end, registering a CAGR of 10.3% over the forecast period. Europe is expected to witness high production capacity and revenue share in the global ready-to-use therapeutic food market between 2016 and 2024. The APAC market is anticipated to represent absolute $ opportunity of US$ 1.7 Mn in 2016 over 2015 and incremental $ opportunity of US$ 27.2 Mn between 2016 and 2024. Cost-effective availability of raw materials in the APAC region is likely to fuel the production of ready-to-use therapeutic foods and subsequently boost the APAC ready-to-use therapeutic food market during the forecast period. 

Key market players

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 are some of the companies operating in the global ready-to-use therapeutic food market. 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. Leading market players are adopting strategies such as expansion of product portfolio through innovative new product development and are forming strategic partnerships and alliances to ensure a continuous supply of high quality ready-to-use therapeutic foods as a quick response to growing market needs.

Company Profiles

  • Compact AS
  • Diva Nutritional Products
  • Edesia USA
  • Hilina
  • InnoFaso
  • Insta Products
  • Mana Nutritive Aid Products
  • Nutriset SAS
  • NutriVita Foods
  • Power Foods Tanzania
  • Tabatchnik Fine Foods
  • Others
Back To Top