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Stock impact report

Global Medical Foods Market Analysis Report 2024-2030: Shifting Trend Toward Disease-specific Formulas and Growing Demand for Neonatal and Preterm Enteral Feeding [Yahoo! Finance]

NESTLE S.A S/ADR (NSRGY) 
NASDAQ:AMEX Investor Relations: nestle.com/investors
Company Research Source: Yahoo! Finance
by Route of Administration, Product (Powder, Pills, Liquid, Other), Application, Sales Channel, Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global medical foods market is anticipated to reach USD 33.4 billion by 2030, growing at a CAGR of 5.1% Rising geriatric population, prevalence of chronic diseases, a shift toward consuming disease-specific formulas, and a growing demand for neonatal and preterm enteral feeding are some of the factors driving this growth. The oral route of the administration segment dominated the market in 2023. The major factors contributing to this growth include a high preference for oral medical foods owing to the ease of consumption and high commercial viability of products administered orally. In addition, these foods are available in a variety of forms such as pills, powder, puddings, and pre-thickened products, thereby fueling the segment's growth. In 2023, the powder product segment acc Show less Read more
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