Global Ready-to-Use Therapeutic Food Market: Overview
The ready-to-use therapeutic food (RUTF) is the mineral and vitamin-rich energy-dense food that need not be cooked. It is specially prepared for treating severe acute malnutrition (SAM). The ready-to-use therapeutic food is a soft consumable drink that can be easily digested by children from the age of 6 months. RUTF did not contain water and hence there are no chances of bacterial formations. It is completely safe to keep the RUTF without a refrigerator.
Global Ready-to-Use Therapeutic Food Market: Growth Factors
Malnutrition is a severe issue growing and impacting humanity in today's world. Millions of children are losing their lives due to malnutrition. The actions taken to feed the undernourished children and provide specialized care are increasing the popularity of RUTF substantially and it is expected to continue to dominate the market during the forecast period.
The government and non-government institutes across the globe are standing still against malnutrition among children and taking many effective, impactful actions that boost the global ready-to-use therapeutic food market vigorously. The United Nations Children’s Fund (UNICEF) is boosting the research and development in the RUTF for enhancing the quality of raw materials and boosting the production, which further bolsters the market growth. Furthermore, UNICEF has established various centers for therapeutic feeding of the children and supporting the families from the poor sections of the society. The increasing awareness about malnutrition among the common people is also propelling the market owing to individual steps taken by people or NGOs to support the government initiatives.
The COVID-19 pandemic crisis has amplified the problem of malnutrition among poor children. Many people have become unemployed in the pandemics crisis especially in the agriculture sector. This led to the increased adoption of more efficient government programs to recover the loss due to the pandemic crisis and hence it is likely to boost the growth of the global ready-to-use therapeutic food market during the forecast period.
Global Ready-to-Use Therapeutic Food Market: Segmentation
The global ready-to-use therapeutic food market can be segmented into type, end-user, and region.
By type, the market can be segmented into drinkable therapeutic food, paste, and solid. The drinkable therapeutic food segment holds the largest market segment in the global ready-to-use therapeutic food market. Drinkable formulated foods can be easily ingested by children because the majority of the malnutrition cases are in children below the age of 5. These drinkable therapeutic foods are more convenient and hence dominate the market globally.
By end-users, the market can be segmented into NGOs, WFP, UNICEF, and others. Of these, UNICEF is at the forefront in combating the malnutrition and hunger problem related to the global pediatric population. The organization is likely to remain the primary buyer of therapeutic foods during the forecast period and thus contributes to the growth of the global ready-to-use therapeutic food market.
Moreover, the other users are also boosting the market growth owing to the active participation of the organization to remove malnutrition from the roots in the children.
Global Ready-to-Use Therapeutic Food Market: Regional analysis
Middle-East Africa is among the potential regions for the global ready-to-use therapeutic food market. Many countries in Africa have high malnutrition cases that require crisp and effective government initiatives to mitigate the growing problem. The organizations such as UNICEF, NGOs, and WFP are augmenting their presence in several countries like Kenya, Ethiopia, Nigeria, and Malawi. The region is likely to grow significantly with a high CAGR in the coming years.
Asia is expected to grow significantly in the global ready-to-use therapeutic food market. The increasing effort of the government for the eradication of malnutrition from the countries is expected to fuel the regional market growth during the forecast period.
Global Ready-to-Use Therapeutic Food Market: Competitive Players
Some of the significant players in the global ready-to-use therapeutic food market are Société de Transformation Alimentaire, Hilina Enriched Foods PLC, Amul India, Tabatchnick Fine Foods Inc., Samil Industrial Co., Meds & Food for Kids Inc., Mana Nutritive Aid Product Inc., Insta Products Ltd., Diva Nutritional Products, Nutrivita Foods, Edesia Inc., InnoFaso, Valid Nutrition, GC Rieber Compact AS, and Nuflower Foods.
Global Ready-to-Use Therapeutic Food Market: Regional Segment Analysis
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