The
key players present in the global ready-to-use therapeutic food and
supplementary food market are likely to generate new opportunities
and scope in order to sustain their dominance in the market. Some of
the major firms operating in the RUTF & RUSF market are Nutriset
SAS, GC Mana Nutritive Aid Products, Valid Nutrition, InnoFaso,
Tabatchnik Fine Foods, GC Rieber Compact AS, Edesia USA, Hilina, Diva
Nutritional Products, Insta Products, Kaira District Cooperative,
NutriVita Foods, 13.3.15. Meds & Food for Kids, Samil Industrial
Co., Nuflower Foods and Nutrition Pvt., and Power Foods Tanzania. Due
to their consistent efforts to improve their product, it is highly
possible for these firm to retain and in fact improve their market
position. Owing to these factors and anticipated pattern, the global
ready-to-use therapeutic food and supplementary food (RUTF &
RUSF) market is expected to witness a significant growth in the
upcoming years.
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The
global ready-to-use supplementary food and therapeutic food market is
expected to expand at a steady CAGR of 8.6% within the forecast
period from 2017 to 2025. The market was valued around worth of US$
429.9 mn to be valued at US$ 429.9 mn in 2017. Tis value is estimated
to grow around worth of US$ 829.3 mn by the end of forecast period.
On
the basis of product, the global ready-to-use therapeutic food market
is divided as solid products comprising blends or powder and bar or
biscuit or bar, paste or semi-solid products, and drinkable
therapeutic food. On the other hand the ready-to-use supplementary
food segment is categorized into powder or solid and paste or
semi-solid. Combining, the RUTF segment fulfilled over 70% of the
demand in 2017, and is likely to dominate over the shares of RUSF
segment’s by the end of the forecast period. Geographically, Europe
held over half of the demand, with 54.3%, which is much more than the
Middle East and Africa, which is the second profitable region in the
world.
The
growth of global
RUTF and RUSF market
is dependent on various factors for example, rise in concerns by NGOs
and governments with respect to malnutrition treatment, rise in
population, because of which there has been a notable rise in
malnutrition cases, surge in several disasters in the world, and
cases of injuries. However, increased inclination of the government
and consumer, towards local ingredients, along with a risk of
contamination due to inconsistency in milk products of RUTF are among
the key hindrance in the global market.
Another
factor, where it is believed that RUSF
food products are obstructing the importance of breast-milk is also
hampering the overall market growth in upcoming years.
This
analysis is based on a recent market research report by Transparency
Market Research, titled, “Ready-to-use Therapeutic Food and
Supplementary Food (RUTF & RUSF) Market (Product - RUTF (Solid
(Powder or Blends and Biscuit or Bar), Paste, and Drinkable) and RUSF
(Solid and Paste); End-users - UNICEF, WFP, and NGOs) - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 –
2025.”
Key
Takeaways:
- Increased concerns by NGOs and governments with respect to malnutrition treatment to fuel market growth in future.
- Rise in several disasters in the world and cases of injuries to propel the demand as well.
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