Global Medical Foods Market Size & Outlook, 2024-2030
Global medical foods market, 2018-2030 (US$M)
Related Markets
Global medical foods market highlights
- The global medical foods market generated a revenue of USD 23,560.5 million in 2023 and is expected to reach USD 33,488.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, oral accounted for a revenue of USD 16,489.8 million in 2023.
- Enteral is the most lucrative route of administration segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 23,560.5 million |
| Market revenue in 2030 | USD 33,488.2 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Enteral |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
Other key industry trends
- In terms of revenue, the North America accounted for 29.9% of the global medical foods market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 100.7 million by 2030.
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Medical Foods Market Scope
Medical Foods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical foods market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical foods market will help companies and investors design strategic landscapes.
Oral was the largest segment with a revenue share of 69.99% in 2024. Horizon Databook has segmented the Global medical foods market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Foods Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Enteral
- Global Medical Foods Product Outlook (Revenue, USD Million, 2018-2030)
- Pills
- Powder
- Liquid
- Others
- Global Medical Foods Application Outlook (Revenue, USD Million, 2018-2030)
- Chronic Kidney Disease
- Minimal Hepatic Encephalopathy
- Chemotherapy Induced Diarrhoea
- Pathogen Related Infections
- Diabetic Neuropathy
- ADHD
- Depression
- Alzheimers Disease
- Nutritional Deficiency
- Orphan Diseases
- Tyrosinemia
- Eosinophilic Esophagitis
- FPIES
- Phenylketonuria
- MSUD
- Homocystinuria
- Others
- Wound Healing
- Chronic Diarrhea
- Constipation Relief
- Protein Booster
- Dysphagia
- Pain Management
- Parkinsons Disease
- Epilepsy
- Other Cancer related treatments
- Severe Protein Allergy
- Cancer
- Cachexia
- Other
- Global Medical Foods Modules Outlook (Revenue, USD Million, 2018-2030)
- Amino Acid Module
- Protein Module
- Vitamin & Mineral Modules
- Fatty Acid based Modules
- Carbohydrate Modules
- Fiber Modules
- Ketogenic Modules
- Peptide based Modules
- Hypoallergic Modules
- Others
- Global Medical Foods Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- DTC Sales Channel
- Online Sales
- Retail Sales
- Institutional Sales
- Hospitals
- Others
- DTC Sales Channel
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Target buyers of Global medical foods market databook
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Our clientele includes a mix of medical foods market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global medical foods market , including forecasts for subscribers. This global databook contains high-level insights into Global medical foods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global medical foods market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical foods market size, 2024 (US$M)
Global medical foods market share, by route of administration, 2024 & 2030 (%, US$M)
Medical foods market: Opportunity assessment by country
Global medical foods market, by region, 2024 (US$M)
| Route of Administr... | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 5,080.9 | 5,386.0 | 5,921.2 | 6,280.3 | 6,658.2 | 7,054.8 | 7,471.2 | 7,905.3 | 8,383.8 | 8,867.0 | 9,373.3 | 9,908.4 | 10,474.1 | 5.8% |
| Europe | 4,864.3 | 5,034.1 | 5,429.9 | 5,595.6 | 5,789.8 | 5,967.5 | 6,147.6 | 6,327.6 | 6,531.7 | 6,721.6 | 6,914.1 | 7,111.2 | 7,314.9 | 2.9% |
| Asia Pacific | 4,550.3 | 4,849.3 | 5,389.4 | 5,713.1 | 6,090.8 | 6,483.2 | 6,897.4 | 7,331.7 | 7,810.5 | 8,298.3 | 8,812.1 | 9,357.7 | 9,937.0 | 6.3% |
| Latin America | 1,949.5 | 2,066.1 | 2,283.5 | 2,407.8 | 2,552.4 | 2,703.5 | 2,862.1 | 3,027.5 | 3,209.5 | 3,393.3 | 3,585.9 | 3,789.5 | 4,004.6 | 5.8% |
| MEA | 1,069.2 | 1,114.4 | 1,210.1 | 1,251.0 | 1,292.1 | 1,358.1 | 1,422.7 | 1,485.1 | 1,548.7 | 1,606.4 | 1,660.4 | 1,711.1 | 1,757.6 | 3.4% |
| Overall | 17,514.1 | 18,449.8 | 20,234.1 | 21,247.8 | 22,383.3 | 23,567.0 | 24,801.1 | 26,077.1 | 27,484.1 | 28,886.7 | 30,345.9 | 31,877.9 | 33,488.2 | 5.1% |
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