Medical Foods Market Report by Product (Pills, Powder, and Others), Route of Administration (Oral, Enteral), Application (ADHD, Depression, Diabetes, Cancer, Alzheimer's Disease, Metabolic Disorders, and Others), Distribution Channel (Supermarkets, Hospital and Retail Pharmacies, Online Pharmacies, and Others), and Region 2024-2032

The global medical foods market size reached US$ 23.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 36.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032. The growing incidences of chronic illnesses like diabetes, cancer, and metabolic disorders among the masses, rising geriatric population, and the increasing progress in the field of nutrigenomics, which focuses on the relationship between nutrition and genes, are some of the factors impelling the market growth.

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