As per the global ready-to-use therapeutic market is experiencing a significant upswing, anticipated to reach a staggering US$743.4 million by 2033. This growth trajectory reflects a promising CAGR of 6%, signifying a market brimming with potential for B2B investors. RUTFs are life-saving, nutrient-dense paste or bar formulations specifically designed to treat severe malnutrition, particularly in children under five.
Undernutrition is responsible for around 45% of fatalities among the Under 5 children group as a result of rising rates of malnutrition throughout the world. The rising concern of international communities to combat the menace by available options is what boosts the demand for ready-to-use therapeutic food internationally. Earlier, the American Journal of Clinical Nutrition published that 96% of kids who received RUTF treatment were visibly nourished within a year.
The demand for ready-to-use therapeutic food (RUTF) market is driven by a multitude of factors, including:
- Rising Global Malnutrition Rates: Malnutrition remains a serious global concern, with nearly 50 million children worldwide classified as severely malnourished. This creates a significant demand for effective treatment solutions like RUTFs.
- Government Initiatives: Governments worldwide are increasingly recognizing the importance of tackling malnutrition and are actively supporting the procurement and distribution of RUTFs. This growing governmental support is a major driver for market expansion.
- Increased Focus on Child Health: Heightened awareness regarding child health is leading to a greater emphasis on early intervention for malnutrition. RUTFs offer a convenient and effective means to address this critical need.
- Shifting Trends in Healthcare: The B2B healthcare sector is witnessing a growing focus on preventative measures. RUTFs play a crucial role in preventing severe malnutrition and its associated health complications.
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Several key trends are propelling the growth of the RUTF market:
- Product Innovation: Manufacturers are actively engaged in research and development, creating novel RUTF formulations with improved taste, texture, and efficacy. This caters to the diverse needs of malnourished individuals.
- Cost-Effectiveness: Manufacturers are exploring alternative ingredients and production processes to reduce costs associated with RUTFs. This will make these life-saving products more accessible to resource-constrained regions.
- Shifting Distribution Channels: The traditional reliance on emergency relief programs for RUTF distribution is evolving. Local market availability and integration with existing healthcare channels are creating new avenues for market expansion.
- Focus on Sustainability: Sustainable sourcing of raw materials and eco-friendly packaging solutions are gaining traction within the RUTF market. This resonates with socially conscious investors.
Key Takeaways from the Ready-to-use Therapeutic Food Market Study Report
- Based on market survey reports, the sales of ready-to-use therapeutic foods were dominated by the United States, with a revenue share of 23.5% in 2022.
- Likewise, Germany is a leading contributor of RTD therapeutic products in the UNICEF programs and held a market share of 14.5% in 2022.
- Contrastingly, Asia Pacific countries are performing well these days and have increased their ready-to-eat therapeutic food production capacity to compete globally. While the market for this commodity in China is projected to grow at 4.5% through 2033 India is expected to advance at a 6.5% growth rate.
- Increasing sales of the drinkable therapeutic food segment is likely to fuel the expansion of the ready-to-use therapeutic food industry through the forecast years. Over the forecast years, a staggering double-digit CAGR is predicted for the drinkable therapeutic foods segment.
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Competitive Landscape for the Ready-to-use Therapeutic Food Market Players
Nuflower Foods, GC Rieber Compact AS, Valid Nutrition, InnoFaso Corp., Edesia Inc., Nutrivita Foods Ltd., Diva Nutritional Products, Insta Products Ltd., Mana Nutritive Aid Product Inc., Meds & Food for Kids Inc., Samil Industrial Co., Tabatchnick Fine Foods Inc., Amul India Inc., Hilina Enriched Foods PLC, and Société de Transformation Alimentaire among others are some key players in the global ready-to-use therapeutic food market.
Throughout the forecast period, the overall market is expected to remain consolidated due to the presence of a few key players globally. Market growth is anticipated to accelerate due to an increase in collaborations in the regional markets for the production of RUTF at a higher quantity.
For example, the Federal Government of Nigeria signed an MOU with UNICEF in May 2018 to acquire and supply RUTF in the country in huge quantities. The cooperation aimed to act as a parallel contribution to the acquisition and delivery of the goods throughout the state’s six affected zones.
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SIndustry Key Segment
By Type:
- Solid Therapeutic Food
- Power or Blend Form
- Biscuits or Bar Form
- Paste Therapeutic Food
- Drinkable Therapeutic Food
- Other Ready-to-use Therapeutic Foods
By End User:
- United National International Children’s Emergency Fund (UNICEF)
- World Food Program (WFP)
- Government Organizations
- Non-governmental Organizations (NGOs)
- Other End Users
By Region:
- North America (United States, & Canada)
- Latin America (Brazil, Mexico & Rest of Latin America)
- Europe (France, Germany, Spain, United Kingdom Italy, BENELUX, Nordics, Russia, Poland & Rest of Europe)
- Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand, and the Rest of APAC)
- The Middle East & Africa (GCC, North Africa, Tanzania, Ethiopia, Nigeria, Malawi, Kenya, South Africa & Rest of MEA)
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