The market is flourishing owing to improved use in food industry and grater inclination towards drinkable food.
DUBAI, UAE / ACCESSWIRE / November 5, 2020 / The ready to use therapeutic food market earns maximum revenue from drinkable food sector backed by rising number of malnutrition cases and hard-hitting poverty. Manufacturers have launched breakdown formulas and drinkable products. Though demand for therapeutic food is rising, yet limited nutrition supply acts as a major restraint in the market.
"NGO's in poor or underdeveloped countries are likely to register a higher CAGR in ready-to-use therapeutics food market due to rising number of malnutrition cases. UNICEF is playing a major role by launching feeding centres and organizations to combat poverty and hunger," says the FMI Analyst.
Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-12642
Ready-to-Use Therapeutic Food Market - Key Highlights
- Ready-to-use therapeutic food market is poised to surpass US$ 300 million by 2030.
- Kenya and Malawi and other poor regions are going to register a higher CAGR rate due to disrupting economic conditions.
- Drinkable segment is the most preferred type and dominates the segment globally.
- Middle East and Africa cumulatively accounts to be the largest shareholders in the market.
Ready-to-Use Therapeutic Food Market -Driving Factors
- Rising consumption by infants due to underdeveloped digestive system has improved the demand.
- Rising number of malnutrition cases has fuelled the sales for drinkable fluids.
- UNICEF and WFP are organizing awareness campaigns and organizations for poor families which has led to increased adoption of therapeutics food.
Ready-to-Use Therapeutic Food Market -- Key Restraints
- Expensive price of RUTF food products will impose financial pressure, thereby, acting as a major restraint.
- Fluctuating price of raw materials poses major threat to the market.
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-12642
Expected Impact on Market by Coronavirus Outbreak
Strict lockdown has reduced the production of ready-to-use therapeutic food but rising number of unemployment cases and poverty has driven the adoption for therapeutic food. Due to the spread of COVID, these eatables are likely to capture attention due to reduced immunity. The market in Europe will revive as players are focussing on supplying to RUTF, RUSF and other NGO's while the presence of high-quality food in US will expand the growth prospects in the upcoming years.
Competitive Landscape
Key players in the ready-to-use therapeutics market include Nuflower Foods, GC Rieber Compact AS, Valid Nutrition, InnoFaso, Edesia Inc., Nutrivita Foods, Diva Nutritional Products, Insta Products Ltd., Mana Nutritive Aid Product Inc., Meds & Food for Kids Inc.
Expansion of product portfolio remains a key strategy to gain profit. Focus is shifting on products that enhance immunity and are also cost-efficient at the same time.
For instance, Mana Nutrition has partnered with international aid organizations to enhance product supplies. In 2017, they sent 900 boxes of RUSF and RUTF to Somalia.
Meds & Foods for Kids distributes highly nutritious food to pregnant ladies and children in Haiti. They have launched peanut butter medicine to enhance taste and nutrition too.
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/12642
More on the report
This report presents an analysis on the basis of segments including type (solid, paste, drinkable), end-use (UNICEF, WFP, NGO etc.) and region (North America, Europe, Latin America, East Asia and Africa South Asia etc.)
Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global READY-TO-USE THERAPEUTIC FOOD Market Demand Analysis 2015-2019 and Forecast, 2020-2030
5.1. Historical Market Volume (Tons) and Value (US$ Mn) Analysis, 2015-2019
5.2. Current and Future Market Volume (Tons) and Value (US$ Mn) Projections, 2020-2030
5.3. Y-o-Y Growth Trend Analysis
6. Global READY-TO-USE THERAPEUTIC FOOD Market - Pricing Analysis
6.1. Regional Pricing Analysis By Type
6.2. Pricing Break-up
6.2.1. Manufacturer Level Pricing
6.2.2. Distributor Level Pricing
6.3. Global Average Pricing Analysis Benchmark
Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-12642
Explore Wide-ranging Coverage of FMI's Food and Beverage Landscape
Egg Free Premix Market FMI's analysis presents segmentation on the basis of mixture type and region. The report highlights changing dynamics and trends in the egg free premix market.
Lipase Market Find insights on manufacturers providing enhanced products and an insight into dynamics, market segment, market size and demand.
Polydextrose Market FMI's report highlights segmentation on the basis of form, type and region. It gives a backdrop analysis, changes in market dynamics and assessment of the trajectory of polydextrose market.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Report: https://www.futuremarketinsights.com/reports/ready-to-use-therapeutic-food-market
Press Release Source: https://www.futuremarketinsights.com/press-release/ready-to-use-therapeutic-food-market
SOURCE: Future Market Insights