We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image

U.S. MEDICAL FOODS MARKET ANALYSIS

U.S. Medical Foods Market, by Food Type (Prebiotics, Probiotics, and Food Supplements), by Disease Indication (Inflammatory Bowel Disease, Irritable Bowel Syndrome, and Others), and by Distribution Channel (Hospitals, Retail Channel, and Online Channel)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

  • Published In : Sep 2022
  • Code : CMI3215
  • Pages :102
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

U.S. Medical Foods MarketSize and Trends

U.S. Medical Foods market is estimated to be valued at US$ 19,067.9 million in 2022 and is expected to exhibit a CAGR of 17.1% during the forecast period (2022-2030).

Figure 1. U.S. Medical Foods Market Share (%), by Food Type, 2022

Increasing incidence and prevalence of Crohn’s disease in the U.S. is expected to drive the market growth over the forecast period.

Increasing demand for medical food due to individuals suffering from gastrointestinal diseases such as Crohn’s disease is expected to drive the U.S. medical foods market growth during the forecast period. For instance, according to the Centers for Disease Control and Prevention’s 2018 statistics, an estimated 3 million adults in the U.S. were diagnosed with an inflammatory bowel disease (Crohn’s disease or ulcerative colitis) in 2015. This was a significant increase from the estimates in 1999, which accounted for 0.9% of the U.S. population, or 2 million adults.

 Figure 2. U.S. Medical Foods Market Share (%), by Disease Indication, 2022

Increasing awareness regarding prebiotics and probiotic products is anticipated to propel the market growth over the forecast period.

Medical food with prebiotics and probiotics is expected to gain significant traction among consumers in the U.S. due to health benefits associated with it. Probiotics offer beneficial microbiome for the body, which are essential for improving metabolic process. Increasing popularity of prebiotic and probiotic based food is evident from rising sales of these products globally. For instance, Yakult Honsha Co. Ltd., a supplier and manufacturer of probiotic drinks, sold 373 thousands bottles of probiotic drinks per day in the U.S. during January 2019 to June 2019. Moreover, Yakult Honsha Co. Ltd., is also focusing on expanding the consumer base for its low calorie products. For instance, in August 2019, the company expanded sales of Yakult Light, a probiotic drink in 15 states in the eastern U.S. to increase awareness of its products among health conscious consumers.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now
Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.