As per the global ready-to-use therapeutic market analysis report by FMI, the market valuation is expected to be around US$ 429 million in 2023. By the end of this forecast period, the global sales of ready-to-use therapeutic food are anticipated by FMI to generate revenues of around US$ 743.4 million.
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.
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Traditionally, therapeutic food has been prohibitively expensive, primarily used for managing acute malnutrition, making it a highly valuable commodity. Its availability often depended on short-term or long-term external financing for emergency or humanitarian operations, limiting the sales of ready-to-use therapeutic food (RUTF). However, the growing availability of these products in local markets, coupled with increased procurement by government organizations, has created an international market for RUTF.
The demand for ready-to-use therapeutic products is predicted to rise due to the increasing trend of using sugar substitutes such as icing sugar in their preparation. These substitutes are used to make candy bars, paste, cream, and biscuits, which can be appealing to children and boost sales. Leading companies are now focusing on developing RUTF items based on whey permeate powder, which is also expected to enhance the acceptance of RUTF and further augment market growth.
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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