The Medical Foods For Inborn Errors Of Metabolism Global Market Report 2023, provides comprehensive information on the medical foods for inborn errors of metabolism market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Medical Foods For Inborn Errors Of Metabolism Market’s Growth:
The global medical foods for inborn errors of metabolism market is expected to grow from $2.39 billion in 2022 to $2.72 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical foods for inborn errors of metabolism market are expected to reach $4.31 billion in 2027 at a CAGR of 12.1%.
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Product innovation has emerged as a key trend gaining popularity in medical food for inborn errors in the metabolism market. Major companies operating in medical food for inborn errors in the metabolism market are concentrating on creating innovative products to strengthen their position in the market. For instance, in December 2021, SFI Health, a Switzerland-based natural healthcare company introduced EQUAZEN PRO, a specially formulated medical food for the dietary treatment of a disease or condition with specific nutritional requirements for omega fatty acid levels. EQUAZEN PRO promotes healthy fatty acid metabolism and helps to restore omega-heavy acid levels. EQUAZEN PRO is scientifically proven to improve brain health for children and adolescents with ADHD and associated neurodiverse diseases to offer nutritional assistance. It contains sustainably obtained fish oils and evening primrose oil, and the capsule shell composition guarantees gastro resistance, delaying the transfer of fish oil from the stomach to the intestine and avoiding probable fishy flavor or reflux.
The medical foods for inborn errors of metabolism market is segmented:
1) By Product: Amino Acid, Glytactin with GMP Amino Acid-Modified Infant Formula with Iron, Low-Calcium/Vitamin D-Free Infant Formula with Iron, Low Protein Food, Other Products
2) By Diseases: Phenylketonuria (PKU), Maple Syrup Urine Disease (MSUD), Homocystinuria, Methylmalonic Acidemia, Organic Acidurias, Propionic Acidemia, Isovaleric Acidemia, Disorders of Leucine Metabolism, Glutaric Acidemia Type I Renal Disease, Other Diseases
3) By Age Group: Infants, Weaning, Adolescent, Adults
4) By Forms: Powder, Liquids, Gels, Other Forms
5) By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Drugs Stores, Online Pharmacies, Other Distribution Channels
North America was the largest region in the medical foods for inborn errors of metabolism market in 2022.
The table of contents in TBRC’s medical foods for inborn errors of metabolism market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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