Market revenue in 2023 | USD 1,069.4 million |
Market revenue in 2030 | USD 1,262.1 million |
Growth rate | 2.4% (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 |
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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 85.66% in 2023. Horizon Databook has segmented the UK medical foods market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
The UK is one of the key markets in the European region. Presence of advanced healthcare facilities & research centers and being a manufacturing & services economy are indicators of its welldeveloped healthcare system. The country has a large proportion of geriatric population and a high prevalence of chronic diseases.
According to Malnutrition Task Force, as of 2019, there were around 1.3 million people in the country aged over 65 years and suffering from malnutrition. This poses an economic burden on the healthcare systems of the country, which is expected to propel growth of medical foods market in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the UK medical foods market , including forecasts for subscribers. This country databook contains high-level insights into UK medical foods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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