With
the growing concern for malnutrition treatment and high child
mortality especially by the Non-governmental organizations (NGOs) and
various governments, Ready-to-use Therapeutic Food and Supplementary
Food (RUTF & RUSF) markets are going to experience substantial
growth, observes Transparency Market Research in a recent report.
The
key vendors that are operating in this market for RUTF and RUSF are
expected to obtain fresh new opportunities and are also expected
continue with their existing dominance. Some of the leading companies
that are operational in this market are GC Rieber Compact AS, Samil
Industrial Co., Nutriset SAS, Kaira District Cooperative, Diva
Nutritional Products and so on. It is highly likely that these key
market vendors would retain their dominance in the market for
Ready-to-use Therapeutic Food and Supplementary Food (RUTF &
RUSF) sector. If this prediction remains true, then the world
Ready-to-use Therapeutic Food and Supplementary Food (RUTF &
RUSF) market could exhibit substantial rise in its overall valuation
in the forthcoming years.
Download
PDF Brochure @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29456
The
world ready-to-use supplementary food and therapeutic food market is
calculated to be valued at US$ 829.3 mn towards the end of forecast
period of 2017 to 2025, substantially up from its estimated valuation
of US$ 429.9 mn in the year 2017.
European
Segment to Retain Its Lead in the Said Industry
From
the regional perspective, in the year 2017, Europe held for around
54.3% of the total market demand, way ahead of the second-most
lucrative geographical region of the market i.e. Middle East and
Africa. The region of Middle East and Africa didn’t contribute even
a quarter of the total international demand. Many of the local market
vendors in Europe are now focusing on the supply of RUSF and RUTF to
United Nations Children’s Fund (UNICEF) and various other NGOs.
These companies are also emphasizing on increasing their capacity to
produce. The region of North America has many local manufacturers who
are involved within the production of much better quality
ready-to-use supplementary food and therapeutic food stuff. These
manufacturers are further supplying these much-needed products to the
infants of various African countries like Nigeria, Sudan, Kenya,
Burkina Faso, and Ethiopia. Implementation of CAMAM in many of the
south-east Asian countries like Burma, Bangladesh, India and Pakistan
has further in the flourishing of the said market in this part of the
world.
Market
to be Significantly Triggered by the Role Played by United Nations
Children’s Fund
Based
the segment of End-use, UNICEF is foreseen to emerge as the most
significant end-user for this market. Taking note and seriously
concerned about high child mortality rate in many parts of the world
especially in Africa and Asia Pacific, bodies like UNICEF, government
bodies and NGOs like Save the Children, Oxfam are coming forward to
offer solutions. Since UNICEF accounts for lion’s share of the
market, many of the market players are now increasingly focused on
the making RUTF
and RUSF products that comply with the requirements of
UNICEF.
The
market, however, suffers a setback from the preference of local
ingredients over RUTF and RUSF. Both the local people and governments
prefer local ingredients. Furthermore, there is a risk of
contamination. Factors like popular belief that these products are
sabotaging breast-milk and increased inconsistency of milk-based
products are further marring market growth.
No comments:
Post a Comment