Ready-to-use therapeutic food market to grow at a CAGR of 5.7%, reaching $800.6 million by 2034: Fact.MR analysis

Leading organizations provide ready-to-use therapeutic foods to fight global malnutrition

ROCKVILLE, Maryland, June 18, 2024 /PRNewswire/ — According to a recent industry report from Fact.MR, the global market Ready-to-use therapeutic food market will reach $459.9 million by 2024. Revenues from the sale of RUTF are expected to grow at a rate of 5.7% per year from 2024 to 2034, driven by increased efforts to combat malnutrition. By 2034, the RUTF market size is expected to exceed $800.6 million worldwide.

The increased demand for solid RUTF products is attributed to their easy availability in the form of chocolate bars, cookies and powder. Thus, it is comparatively easier for individuals to consume them directly or even with drinking water to use them as porridge. These therapeutic products are relatively easy to transport and help meet the nutritional needs of those who need them most.

The United States is one of the leading countries actively involved in the manufacturing and supply of ready-to-use therapeutic food products. Increasing emphasis on home-based treatment of severely and moderately malnourished children is driving the demand for RUTF globally.

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Key Takeaways from the Market Research:

  • North America is expected to account for 24.3% of global market revenue by 2034.
  • The global demand for solid RUTF products is expected to grow by 5.5% CAGR and reach a value of US$ 310.6 million by the end of 2034.
  • The United Nations International Children’s Emergency Fund (UNICEF) is expected to account for 32.9% of global market revenue by the end of 2034.
  • Sales of ready-to-use therapeutic foods in Japan are expected to grow at a CAGR of 6.2% between 2024 and 2034.
  • Demand for RUTF products in South Korea is expected to accelerate at a CAGR of 6.4% until 2034.

“Major market players are investing in R&D to discover more effective and affordable ingredients that can be used as raw materials in RUTFs to reduce overall costs of final products. » said a Fact.MR analyst.

Active contribution of the United Nations International Children’s Emergency Fund to the fight against malnutrition

Global demand for UNICEF RUTF products is expected to accelerate at a CAGR of 5.4% and reach a market value of $263.4 million by the end of 2034. UNICEF is actively working on the frontlines against malnutrition and hunger among the global pediatric population. It purchases a remarkable amount of RUTF to meet the nutritional needs of people in need globally. In addition, the organization also strives to establish therapeutic centers to save lives and support families in poverty-stricken regions and countries.

Key market players:

Some of the leading suppliers of ready-to-use therapeutic foods are Insta Products, Diva nutritional products, GC Rieber Compact AS, Power Foods Tanzania, GC Mana Nutritive Aid Products, Hilina, Inno Faso, Nuflower Foods and Nutrition Pvt., Samil Industrial, Kaira District Cooperative and Tabatchnik Fine Foods.

Regional Overview: North America, China and Japan Expected to Witness Significant Growth by 2034

According to a recently released study by Fact.MR, a market research and competitive intelligence provider, North America is expected to capture 24.3% of the global market share by 2034. The United States stands out as a key player in the North American region, actively engaged in the production and supply of ready-to-use therapeutic food (RUTF) products.

China is expected to hold 47.5% of the East Asian market revenue share by the end of 2034. This growth is driven by increased demand for ready-to-use therapeutic food (RUTF), sustained through government initiatives providing funding to children suffering from malnutrition and other health problems. Additionally, the Chinese government is launching new programs to combat malnutrition among children.

Japan is expected to account for 29.4% of the East Asian market share by 2034. The steady increase in demand for RUTF in Japan is attributed to the growing production of supplements to meet the nutritional needs. Additionally, the increasing use of RUTF products due to busy lifestyles is encouraging manufacturers to develop nutrient-rich options.

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More valuable information on offer:

Fact.MR, in its new offering, presents an unbiased analysis of the ready-to-use therapeutic food market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).

The study discloses essential market information based on type (solid (powder/mixes, biscuits/bars), paste, drinkable) and end user (United Nations International Children’s Fund (UNICEF), World Food Program (WEP), government, non-governmental organizations (NGOs), in seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and the Pacific and MEA ).

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