The
vendor landscape of the global ready-to-use therapeutic food (RUTF)
and ready-to-use supplementary food (RUSF) market is a fragmented one
with the presence of many companies across the globe, reports
Transparency Market Research.. The key market players operating in
the global RUSF and RUTF market are anticipated to gain new
opportunities from the UNICEF as it encourages domestic production of
RUTF and RUSF. For instance, Kaira District Cooperative, aka Amul
Dairy, is now to help war-torn countries like Sudan, Afghanistan with
the supply of RUTF following its order from UNICEF.
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Companies
are also expected to derive inspiration from the increased research
of various substitutes of raw material, and the development of new
bar and drinkable powdered form of RUTF. Some key players of the
market comprise Diva Nutritional Products, GC Rieber Compact AS,
Nutriset SAS, Kaira District Cooperative, Samil Industrial Co., and
so on.
The
revenue of the global ready-to-use supplementary food and therapeutic
food market stood at US$429.9 mn in 2017 and the market is expected
to reach US$829.3 mn over the forecast period of 2017-2025,
exhibiting a CAGR of 8.6% during the forecast period.
Europe
to Witness Significant Growth in Market Share by the end of 2025
The
market for RUTF and RUSF in Europe accounts for more than half of the
global market as many of the world’s leading market players are
based out of Europe. Europe held over 54.3% of the global market in
2017 . UNICEF has emerged as most important and largest user of RUTF
and RUSF products and contributed to 66.1% of the total demand in the
of the RUTF and RUSF products in 2017. A number of companies have
already entered into a race to supply UNICEF with RUTF and RUSF
products. They have increased production capacity following increased
demand.
The
regional manufacturers in North America are also trying to race ahead
of their European counterparts. The North American companies cater to
the growing need of RUTF
and RUSF in many of the African countries like Nigeria,
Sudan, Burkina Faso, and Kenya. In the region of Asia Pacific, CAMAM
implementation in nations like Bhutan, Pakistan, Bangladesh,
Afghanistan, and India has facilitated the increasing demand of RUTF
and RUSF in the Asia Pacific region.
The
segment of RUTF has catered to the 70% of the total global market
share and is further expected to capture the market share of RUSF
over the forecast period of 2017-2025. The market of RUTF is worth
US$ 301.4 mn in 2017.
UNICEF
to Trigger the Market
Growing
concern of various governments and NGOs across the globe to address
the issue of malnutrition. Ever-increasing global population has
increased the issue of malnutrition thereby fuelling the demand for
RUTF and RUSF, mostly in the African and Asia-pacific regions. The
report also notes that various NGOs like Save the Children, UNICEF,
and several government bodies are taking the concern of growing child
mortality rates and malnutrition very seriously and are taking
efforts to change the scenario. This could lead to an increased
demand for RUSF and RUTF.
The
market, however, is not devoid of challenges as many of the
governments and consumers are preferring local ingredients. Companies
in the market are also faced with the risk of contamination,
increasing inconsistency of the milk products of RUTF, and the
growing belief that RUSF and RUTF are undermining breast-milk.
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