The global medical food market is anticipated to grow at a significant CAGR during the forecast period. The rate of adoption of medical food to cure diseases naturally is rising rapidly which in turn is anticipated to surge the global medical food industry. The US Food and Drug Administration (FDA) defines medical food in its Orphan Drug Act as “a food which is formulated to be consumed or administered enterally under the supervision of a physician. It is intended for the specific dietary management of a disease or condition for which distinctive nutritional requirements, based on recognized scientific principles, are established by medical evaluation”.
Medical foods are not intended to replace traditional drugs. Instead, they’re used as a supplement that aids in supporting the patient’s treatment regimen. Medical food products cannot be counted as traditional drugs, and yet they are stronger than vitamins and dietary supplements already available in the market.
Many medical foods available commercially are formulated to treat hematological abnormalities such as nonhematologic genetic diseases, sickle cell anemia, and conditions of malabsorption which include Crohn’s disease, ulcerative colitis, and gastro esophageal reflux disease. Numerous companies across the globe are working on the formulation of medical food to treat most of the diseases without the use of medicine. With the increasing production and adoption of medical foods for the incurable disease, the medical food market is also increasing across the globe.
OMR Global Recently Published Report on: https://www.omrglobal.com/industry-reports/medical-food-market
Medical Food Market- Segmentation
By Type
- Pills
- Powder
- Others
By Application
- Chronic Kidney Disease
- Diabetic Neuropathy
- Attention Deficit Hyperactivity Disorder
- Depression
- Nutritional Deficiency
- Others
By Route of Administration
- Oral
- Enteral
To Learn More About this Report Request a Free Sample Copy @ https://www.omrglobal.com/request-sample/medical-food-market
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
