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.
U.S. Medical Foods Market Report Snapshots
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