The Ready-to-Use Supplementary Food Market Surges to US$ 1,646.1 Million by 2032 | FMI Study

WFP and UNICEF emphasize yearly child malnutrition crises, causing one million tragic deaths. Lack of essential nutrients & inadequate breastfeeding contribute.

NEWARK, DELAWARE, UNITED STATES OF AMERICA, November 21, 2023 /EINPresswire.com/ -- The global ready-to-use supplementary food market was worth US$ 643.2 Million in the year 2022 and is expected to reach US$ 1,646.1 Million by the year 2032 at a CAGR of 9.9% between 2022 and 2032.

As per estimates by UNICEF and WFP, 51 Million children aged 5 and below do suffer from acute malnutrition. It further states that malnutrition does claim lives of more than 1 Million children every single year. This could be attributed to shortage of essential nutrients for growth along with inappropriate breastfeeding.

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Vital vitamins, nutrients, and several foods rich in minerals could help in curtailing malnutrition. They have been certified as safe as well as suitable for intake at home. Besides, they help the undernourished kids to gain weight on speedy counts. The products that could be categorized as ready-to-use supplementary food include semi-solid products or paste, blends and bars or biscuits, and drinkable therapeutic food.

At the same time, the fact that premium-sized supplements are subject to price rice can’t be ignored. This factor could act as a restraint to ready-to-use supplementary food market in the forecast period.

Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘Ready-to-Use Supplementary Food Market’. It has its dedicated team of analysts and consultants to execute with its 360-degree view in primary, secondary, and tertiary modes of research.

“With growing awareness about minimizing malnutrition (amongst the children, in particular), the global ready-to-use supplementary food market is meant to grow on a remarkable note in the near future”, says an analyst from Future Market Insights.

Key Takeaways from Ready-to-Use Supplementary Food Market:

North America holds more than 25% of the market share. This could be credited to the growing demand for ‘instant healthy consumables’. The corporate culture has actually compelled the end-users to go for ready-to-use supplementary foods. Plus, there is an increasing number of health clubs, fitness centers, and gymnasiums all across the US and Canada.

Europe accounts for more than 20% of the market share due to altering lifestyles and more number of people incorporating ready-to-use supplementary foods like pasta, instant noodles, and likewise. Germany, Spain, France, and the UK lead from the front.

Coming to the Asia-Pacific, South Korea is expected to grow in the ready-to-use supplementary good market on the back of lipid-based nutrient supplements. The health enthusiasts are into adoption of organic, whole, and natural resources providing nutrients like carbohydrates, protein, vitamin, and likewise. The gym and FMCG sectors are also encouraging the sales of ready-to-use supplementary food items. Japan is into large-scale imports of FMCG due to better connectivity.

"As the research manager overseeing the recent market study on Ready-To-Use Supplementary Food, it's evident that this sector demonstrates substantial growth This projection aligns with the pressing need to address malnutrition concerns highlighted by organizations like UNICEF and WFP, emphasizing the critical role of this market in global efforts to combat childhood malnutrition” - Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Arena:

Persona Nutrition (known for its customized vitamin program), in April 2021, did announce launching the very first daily gummy vitamin sachets with the objective of helping with various health goals like immune function, relaxation, focus augmentation, skin health, and general health resources.

Nutrivita, in June 2019, released Purna Vita (a ready-to-use therapeutic food and energy dense nutritional food supplement) to cater to nutritional rehabilitation of detrimentally acute malnourished children.

Nutriset, in January 2019, did develop Plumpy’DozTM corn formula for strengthening users’ acceptance of LNS-MQ and program for the target populace in the places where corn is a staple food as well as portion of regular diet.

Soma Nutrition Labs Private Ltd. has its Yumplum RUSF (a lipid-based Ready-to-Use-Supplementary Food) used for diagnosing children even as small as 6 months from mild, acute malnourishment.

Edesia holds the privilege of providing therapeutic and supplementary RUTFs (ready-to-use foods) for big agencies like WFP (World Food Program) and UNICEF. Plumpy’Nut, a well-known product, is a RUTF made out of vitamins, sugar, sweet whey, milk powder, vegetable oil, and peanuts.

Key Companies Profiled:

Nutriset, Mani
JB Company (Tanjaka Food)
Hilina
Edesia
Nutrivita
Compact India
Candyland
Ismail Industries Ltd
EBM

What does the Report Cover?

The research study is based on type (solid and paste), by end-use (hospitals & clinics, charities, NGOs, and likewise), and by sales channel (direct sales and retail sales).

With rising acknowledgement of malnutrition coupled with preventive measures amongst the people (children in particular), the global ready-to-use supplementary food market is expected to go great guns in the upcoming period.

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Key Segmentations:

by Type:

Solid
Paste

by End Use:

Hospitals & Clinics
Charities
NGOs
Others

by Sales Channel:

Direct Sales
Retail Sales

by Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Explore FMI’s related ongoing Coverage in Food and Beverage Domain:

Probiotic Supplements Market: is anticipated to reach US$ 23,977.9 million in 2033. The market is expected to grow at an impressive CAGR of 13.0% from 2023 to 2033.

Supplements And Nutrition Packaging Market: Is likely to secure a CAGR of 4.7% through 2032. The market is likely to reach a valuation of US$ 41.13 Billion by 2032.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Ankush Nikam
Future Market Insights, Inc.
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