Medical Foods Market Size, Share, Growth Analysis, By Route of Administration(Oral and Enteral), By Product(Powder, Pills, Liquid, and Others), By Application(Chronic Kidney Disease, Minimal Hepatic Encephalopathy, Chemotherapy-induced Diarrhea, Pathogen-related Infections), By Sales Channel(Online Sales, Institutional Sales, and Retail Sales), By Region - Industry Forecast 2024-2031

Global Medical Foods Market size was valued at USD 22.45 Billion in 2022 and is poised to grow from USD 23.6 Billion in 2023 to USD 35.13 Billion by 2031, growing at a CAGR of 5.1 % in the forecast period (2024-2031).

The demand for medical foods is increasing owing to the increasing prevalence of chronic diseases like Alzheimer’s, ADHD, osteoporosis, osteoarthritis, and central nervous system disorders. Furthermore, conditions such as sleep disorders, depressions, fibromyalgia, and PTSD are suggested by medical professionals to consume amino acid based enteral nutrition. It is customized for patients who have digestive problems or require any nutrients. The rising prevalence of targeted diseases and advancements in drug developments are leading to the launch of disease-specific formulas, boosting the growth of the market. Market leaders like Nestle are one of the pioneers of making personalized clinical nutrition products, providing solutions like Metanx for diabetes and Deplin for depression. Medical foods are also considered as hybrid drugs and dietary supplements that are provided in a controlled manner. Medical foods are known for medical conditions, such as Parkinson’s and Azheiner’s. They are also valuable for the treatment of chronic diseases and assist in managing nutrition consumption. Medical professionals suggest medical food after analyzing the nutritional consumption and health of the patients. The primary difference among nutritional supplement and medical foods is that these foods need go through various stages of trials for pharmaceutical drugs. The disease or conditions due to which the foods are developed should be addressed adequately in medical foods. These factors are increasing the popularity of medical food among masses.