Middle East & Africa Medical Foods For Orphan Diseases Market Size & Outlook
The medical foods for orphan diseases market in Middle East & Africa is expected to reach a projected revenue of US$ 96.9 million by 2030. A compound annual growth rate of 4.9% is expected of Middle East & Africa medical foods for orphan diseases market from 2024 to 2030.
Revenue, 2023 (US$M)
$69.4
Forecast, 2030 (US$M)
$96.9
CAGR, 2024 - 2030
4.9%
Report Coverage
Middle East & Africa
Related Markets
MEA medical foods for orphan diseases market highlights
- The MEA medical foods for orphan diseases market generated a revenue of USD 69.4 million in 2023.
- The market is expected to grow at a CAGR of 4.9% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 69.4 million |
| Market revenue in 2030 | USD 96.9 million |
| Growth rate | 4.9% (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, MEA region accounted for 5.4% 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.
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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 |
MEA medical foods for orphan diseases market report size, by country, 2016-2030 (US$M)
Middle East & Africa Medical Foods For Orphan Diseases Market Share, 2023 & 2030 (US$M)
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