Latin America Medical Foods For Orphan Diseases Market Size & Outlook
The medical foods for orphan diseases market in Latin America is expected to reach a projected revenue of US$ 221.5 million by 2030. A compound annual growth rate of 6.1% is expected of Latin America medical foods for orphan diseases market from 2024 to 2030.
Revenue, 2023 (US$M)
$146.8
Forecast, 2030 (US$M)
$221.5
CAGR, 2024 - 2030
6.1%
Report Coverage
Latin America
Related Markets
Latin America medical foods for orphan diseases market highlights
- The Latin America medical foods for orphan diseases market generated a revenue of USD 146.8 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, oral was the largest revenue generating route of administration in 2023.
- Enteral is the most lucrative route of administration segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 146.8 million |
| Market revenue in 2030 | USD 221.5 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Enteral |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
| Key market players worldwide | Nestle SA, Danone SA, Abbott Laboratories, Reckitt Benckiser Group PLC, Relief Therapeutics Holding SA, Ajinomoto Co Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.5% of the global medical foods for orphan diseases market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 554.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Foods For Orphan Diseases Market Scope
Medical foods for orphan diseases market segmentation & scope
Medical Foods For Orphan Diseases Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Relief Therapeutics Holding SA | View profile | 49 | Avenue de Secheron 15, Geneva, Switzerland, 1202 | https://www.relieftherapeutics.com |
| Ajinomoto Co Inc | View profile | 43318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | http://www.ajinomoto.co.jp |
| Reckitt Benckiser Group PLC | View profile | 40000 | 103-105 Bath Road, Slough, Berkshire, United Kingdom, SL1 3UH | https://www.reckitt.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Latin America medical foods for orphan diseases market report size, by country, 2016-2030 (US$M)
Latin America Medical Foods For Orphan Diseases Market Share, 2023 & 2030 (US$M)
Related industry reports
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
