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Europe Medical Foods for Inborn Errors of Metabolism Market – Industry Trends and Forecast to 2027
Europe Medical Foods for Inborn Errors of Metabolism Market – Industry Trends and Forecast to 2027
Medical foods for inborn errors of metabolism market are expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 11.9% in the forecast period of 2020 to 2027 and is expected to reach USD 1,079.57 million by 2027. Rising incidence of inborn errors of metabolism, preference of dietary supplements over enzyme substitution therapy are the major drivers which propelled the demand of the market in the forecast period
The inborn errors of metabolism are a group of disorders in which the body fails to convert the food into energy. Due to the mutations in genes there is less or no production of a specific enzyme, these enzymes are responsible for breaking down certain substances. This leads to accumulation of some substances which are toxic and leads to severe complications. In order to treat these disorders, they are given specific diets which are also known as medical foods under the supervision of physicians
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Europe Medical Foods for Inborn Errors of Metabolism Market Scope and Market Size
· On the basis of products, global medical foods for inborn errors of metabolism market is segmented into amino acid, glytactin with GMP amino acid-modified infant formula with iron, low-calcium/vitamin D-free infant formula with iron, low protein food and others.
· On the basis of age group, global medical foods for inborn errors of metabolism market are segmented into infants, weaning, adolescent and adults
· On the basis of diseases, global medical foods for inborn errors of metabolism market is segmented into phenylketonuria(PKU), maple syrup urine disease (MSUD), homocystinuria, methylmalonic acidemia, organic acidurias, propionic acidemia, isovaleric acidemia, disorders of leucine metabolism, glutaric acidemia type I, renal disease, tyrosinemia types I and II, urea cycle disorders and others. Phenylketonuria (PKU
· On the basis of forms, global medical foods for inborn errors of metabolism market are segmented into powder, liquids, gels and others.
· On the basis of packaging, global medical foods for inborn errors of metabolism market is segmented into can, jar, packets, bottle and others.
· On the basis of distribution channel, the global medical foods for inborn errors of metabolism market is segmented into retail pharmacies, hospital pharmacies, online pharmacies, drugs store and other
Medical Foods for Inborn Errors of Metabolism Market Country Level Analysis
The countries covered in the medical foods for inborn errors of metabolism market report are the Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Denmark, Poland, Turkey and rest of Europe.
Competitive Landscape and Medical Foods for Inborn Errors of Metabolism Market Share Analysis
· Nestlé Health Science (A subsidiary of Nestle)
· Nutricia (A subsidiary of Danone)
· Abbott, Mead Johnson & Company, LLC.(A subsidiary of Reckitt Benckiser)
· BioMarin Pharmaceutical, Ajinomoto Cambrooke, Inc. (A subsidiary of Ajinomoto)
· Poa Pharma
· PKU-MDmil, Dr.Schar AG/SPA Primus Pharmaceuticals, Inc
For instance,
· In March 2019, Nutricia opened a sustainable plant in Netherlands. The Nutricia Cuijk plant was a humungous investment and has increased the volume of specialized infant formula along with the increased revenue generation in the market.
· In June, Mead Johnson & Company, LLC. announced that it has been completely merged with Reckitt Benckiser Group plc (RB). It was expected that the Mead Johnson brand and business continued to boom with Reckitt Benckiser plc groups’ good innovation and marketing process.
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MAJOR TOC OF THE REPORT
Ø INTRODUCTION
Ø MARKET SEGMENTATION
Ø EXECUTIVE SUMMARY
Ø PREMIUM INSIGHTS
Ø MARKET OVERVIEW
Ø MARKET, COMPANY LANDSCAPE
Ø SWOT ANALYSIS
Ø COMPANY PROFILE
Ø QUESTIONNAIRE
RELATED REPORTS
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Europe Medical Foods for Inborn Errors of Metabolism Market