Published by Coherent Market Insights
Posted on September 21, 2021
Ready to use therapeutic food (RTUF) is nutrient-enriched food used for treating malnutrition in children. This food contains important vitamins and minerals and is a rich source of energy and protein. These foods are prepared from peanut-based paste, sugar, oil, and powdered milk. Ready to use therapeutic food is easy to consume, does not require refrigeration and are available in affordable price with excellent shelf-life. This product saves money and is also highly effective in treating children’s lives. According to the American Journal of Clinical Nutrition, 98% of children treated with RUTF were well-nourished after six months and 96% were well-nourished after a year.
The global ready-to-use therapeutic food market is projected to reach around US$ 835.1 million by the end of 2027, in terms of revenue, growing at CAGR of 10.3% during the forecast period (2019-2027).
Top Key Players in Ready to use Therapeutic Food market: GC Rieber Compact AS, Diva Nutritional Products, Edesia USA, Hilina, InnoFaso, Insta Products, Mana Nutritive Aid Products, Nutriset SAS, NutriVita Foods, Power Foods Tanzania, and Tabatchnik Fine Foods.
Regional Analysis For Ready to use Therapeutic Food Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Ready to use Therapeutic Food market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Growing cases of malnutrition round the globe are projected to propel the market growth of able to use therapeutic food. consistent with the planet Health organization, in 2016, an estimated 155 million children under the age of 5 years were affected by stunting, while 41 million were overweight or obese. Around 45% of deaths among children under 5 years aged are linked to undernutrition. Therefore, growing cases of malnutrition round the globe are propelling the market growth of able to use therapeutic food.
Growing research for developing alternative of raw materials used for the preparation of ready to use therapeutic food. At present RUTF products are prepared by using peanuts, vitamins and minerals, oil, and milk powder which are significantly high, resulting in a higher cost of the end product. In order to deal with this, various manufacturer are conducting research and development activities for developing a cost-effective substitute for these raw materials.
The rising focus of manufacturers to launch of bar and biscuits RUTF products is expected to lucrative growth opportunity to the market of RUTF. Moreover, various manufacturers are also focusing on developing powder form of RUTF products which is creating a huge opportunity for the manufacturer to expand their presence in the market.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Ready to use Therapeutic Food market Conditions and Outlook, predict 2020 to 2025 appeared first on Gatorledger.
Ready to use therapeutic food (RTUF) is nutrient-enriched food used for treating malnutrition in children. This food contains important vitamins and minerals and is a rich source of energy and protein. These foods are prepared from peanut-based paste, sugar, oil, and powdered milk. Ready to use therapeutic food is easy to consume, does not require refrigeration and are available in affordable price with excellent shelf-life. This product saves money and is also highly effective in treating children’s lives. According to the American Journal of Clinical Nutrition, 98% of children treated with RUTF were well-nourished after six months and 96% were well-nourished after a year.
The global ready-to-use therapeutic food market is projected to reach around US$ 835.1 million by the end of 2027, in terms of revenue, growing at CAGR of 10.3% during the forecast period (2019-2027).
Top Key Players in Ready to use Therapeutic Food market: GC Rieber Compact AS, Diva Nutritional Products, Edesia USA, Hilina, InnoFaso, Insta Products, Mana Nutritive Aid Products, Nutriset SAS, NutriVita Foods, Power Foods Tanzania, and Tabatchnik Fine Foods.
Regional Analysis For Ready to use Therapeutic Food Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Ready to use Therapeutic Food market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Growing cases of malnutrition round the globe are projected to propel the market growth of able to use therapeutic food. consistent with the planet Health organization, in 2016, an estimated 155 million children under the age of 5 years were affected by stunting, while 41 million were overweight or obese. Around 45% of deaths among children under 5 years aged are linked to undernutrition. Therefore, growing cases of malnutrition round the globe are propelling the market growth of able to use therapeutic food.
Growing research for developing alternative of raw materials used for the preparation of ready to use therapeutic food. At present RUTF products are prepared by using peanuts, vitamins and minerals, oil, and milk powder which are significantly high, resulting in a higher cost of the end product. In order to deal with this, various manufacturer are conducting research and development activities for developing a cost-effective substitute for these raw materials.
The rising focus of manufacturers to launch of bar and biscuits RUTF products is expected to lucrative growth opportunity to the market of RUTF. Moreover, various manufacturers are also focusing on developing powder form of RUTF products which is creating a huge opportunity for the manufacturer to expand their presence in the market.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Ready to use Therapeutic Food market Conditions and Outlook, predict 2020 to 2025 appeared first on Gatorledger.
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