Germany Medical Foods Market Size & Outlook, 2023-2030
Germany medical foods market, 2018-2030 (US$M)
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Germany medical foods market highlights
- The Germany medical foods market generated a revenue of USD 1,279.8 million in 2023 and is expected to reach USD 1,599.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.2% 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.
Medical foods market data book summary
| Market revenue in 2023 | USD 1,279.8 million |
| Market revenue in 2030 | USD 1,599.7 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Enteral |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
| Key market players worldwide | Danone SA, Nestle SA, Fresenius SE & Co KGaA, Abbott Laboratories, Targeted Medical Pharma Inc, Mead Johnson Nutrition, Primus Pharmaceuticals |
Other key industry trends
- In terms of revenue, Germany accounted for 5.4% of the global medical foods market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany medical foods market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,599.7 million by 2030.
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Medical Foods Market Scope
Medical Foods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 82.97% in 2023. Horizon Databook has segmented the Germany medical foods market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Rising geriatric population and subsequently increasing burden of chronic diseases are among the factors driving the market. As per 2018 noncommunicable diseases country profiles released by WHO, cardiovascular diseases and cancers were identified as major causes of death in Germany, accounting for 37% & 26% of the total deaths, respectively.
Increase in the number of hospital malnutrition cases is also one of the key factors responsible for the growing demand for foods for special medical purposes in this country. Dr. Schar Medical Nutrition GmbH, Fresenius Kabi Deutschland GmbH, and Nutricia GmbH are major players in medical foods market in Germany.
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Target buyers of Germany 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 country-level data and insights on the Germany medical foods market , including forecasts for subscribers. This country databook contains high-level insights into Germany medical foods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany medical foods market size, by route of administration, 2018-2030 (US$M)
Germany Medical Foods Market Outlook Share, 2023 & 2030 (US$M)
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