The global Food for Special Medical Purpose (FSMP) market was valued at 102.18 Million USD in 2020 and will grow with a CAGR of 5.97% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Foods for special medical purposes (FSMP) are a sub-category of foods intended for particular nutritional uses (PARNUT), also called dietetic foods. FSMPs are intended for the dietary management of diseases in patients with impaired digestive function such as absorption, making them the most medically-oriented food category. In the last several years, Indonesia market of Food for Special Medical Purpose (FSMP) developed rapidly, with an average growth rate of 23.19% during 2013 to 2017. In 2017, Indonesia Revenue of Food for Special Medical Purpose (FSMP) is nearly 47.7 M USD; the actual sales is about 3613 K Units. The classification of Food for Special Medical Purpose (FSMP) includes Complete Nutrition, Disease Specific Nutrition and Incomplete Nutrition, and the proportion of Complete Nutrition in 2017 is about 43.4%, and the proportion is in increasing trend from 2013 to 2017.
By Market Verdors:
Nestle
Danone Nutricia
Abbott
Bayer
MeadJohnson
Ajinomoto
By Types:
Complete Nutrition
Disease Specific Nutrition
Incomplete Nutrition
By Applications:
Infants & Young Children
Adult
The Old
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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