Malnutrition is projected to contribute to more than one third of child deaths all over the world over the coming few years. Deficiency of access to highly nutritious food is one of the major cause of malnutrition. The practices of poor feeding along with insufficient breastfeeding all contributing to malnutrition. The ready to use therapeutic food has transformed the treatment of severe malnutrition by providing foods that are secure and safe for utilizing at home and affirm rapid weight gain in malnourished children. It is a food that is formulated for treating children between 6 and 59 months. The ready to use therapeutic food is based on peanut butter mixed with dried skimmed milk and minerals and vitamin, which can be consumed directly by child and thus provides significant consumption for complete recovery from malnutrition. The ready to use therapeutic food has gained traction especially in African region such as Nigeria where the problem of food is at a significant pace. The ready to use therapeutic food market is anticipated to foreseen significant CAGR over the period 2016-2026.
Global Ready to Use Therapeutic Food: Market Segmentation
The Global Ready to Use Therapeutic Food market is segmented on the basis of ready to use therapeutic biscuits and paste. The contribution of paste segment have observed robust growth over the past few years and is likely to grow at a rapid pace in future. The global ready to use therapeutic food market is also segmented on the basis of price range such as premium, mid and low. The ready to use therapeutic food is further bifurcated on the basis of organizational structure such as organized and unorganized market. The ready to use therapeutic food market is further subdivided on the basis of types such as ready to use supplementary food, ready to use complementary food, fortified blended food and ready to use therapeutic food for HIV patients. The ready to use therapeutic food is also divided on basis of form such as solid and liquid form.
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Global Ready to Use Therapeutic Food Market: Growth Drivers
Rising problems of malnutrition all over the world is anticipated to bolster the growth of global Ready to Use Therapeutic Food market in future. The advent of new class of customers as well as the entry of various new global companies is expected to intensify the growth of Ready to Use Therapeutic Food market all across the globe during the forecast period. Besides this, rising awareness about the therapeutic food all across the globe is also one of the factor anticipated to expand the growth of ready to use therapeutic food market over the forecast period.
Global Ready to Use Therapeutic Food Market: Regional Outlook
Geographically, the Global Ready to Use Therapeutic Food industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Middle East and Africa contributed the highest share in the total market of ready to use therapeutic food in 2015. Latin America is anticipated to gain popularity in terms of demand for therapeutic food during the projected period due to rising problems of malnutrition.
Global Ready to Use Therapeutic Food Market: Players
Some of the key vendors identified across the value chain of the global Ready to Use Therapeutic Food market include Nutriset, Tabatchnick Fine Foods and Diva Nutrition Products, Compact AS, Hilina, MFK, Valid Nutrition and others. The ready to use therapeutic food market is highly dominated by Nutriset and its plumpy nut product capturing more than 50% of total global ready to use therapeutic food sales in 2015. The company is likely to expand its share over the next few years. More companies are anticipated to enter into manufacturing of such products in future.
The Report covers exhaustive analysis on:
- Ready to Use Therapeutic Food Market Segments
- Ready to Use Therapeutic Food Market Dynamics
- Historical Actual Market Size, 2012 – 2015 for Global Ready to Use Therapeutic Food Market
- Ready to Use Therapeutic Food Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Ready to Use Therapeutic Food Market Current Trends/Issues/Challenges
- Competition & Companies involved in Global Ready to Use Therapeutic Food Market
- Value Chain
- Global Ready to Use Therapeutic Food Market Drivers and Restraints
Regional analysis for Global Ready to Use Therapeutic Food Market includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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- Detailed overview of parent market
- Changing market dynamics of the Global Ready to Use Therapeutic Food industry
- In-depth market segmentation of Global Ready to Use Therapeutic Food industry
- Historical, current and projected market size in terms of volume and value of Global Ready to Use Therapeutic Food industry
- Recent industry trends and developments of Global Ready to Use Therapeutic Food industry
- Competitive landscape of Global Ready to Use Therapeutic Food industry
- Strategies of key players and product offerings in the Global Ready to Use Therapeutic Food industry
- Potential and niche segments/regions exhibiting promising growth in Global Ready to Use Therapeutic Food industry
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
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