Global Food as a Medicine Market Insights | Demand & Opportunities
What is the projected growth rate (CAGR) of the Food as a Medicine Market Market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Food as a Medicine Market reached US$ 4.71 billion in 2023 and is expected to reach US$ 11.51 billion by 2031, growing at a CAGR of 12.2 % during the forecast period 2024-2031.
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What is Food as a Medicine Market ?
Food as a medicine refers to the concept of using nutrient-rich foods and bioactive ingredients to prevent, manage, or reduce the risk of chronic diseases while promoting overall health and well-being. It emphasizes the therapeutic role of diet, functional foods, and nutraceuticals as natural alternatives or complements to conventional medicine.
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Conclusion
As lifestyle-related disorders rise globally, the “food as medicine” approach is reshaping consumer preferences and healthcare practices. By bridging nutrition and medicine, it paves the way for preventive healthcare, personalized diets, and a stronger focus on wellness-driven food innovation.
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Top Key Companies:
Bionova, Nestlé, Primus Pharmaceuticals, Inc., Season Health, Mead Johnson & Company, LLC., SFI Health, Metagenics, Meiji Holdings Co., Ltd., Bitewell and Mealogic
Market Segments:
By Product Type: Dietary Supplements, Functional Foods and Beverages, Medical Foods, Whole Foods and Natural Foods
By Form: Capsules, Tablets, Powders, Liquid, Bars
By Application: Cardiovascular, Anti-Aging, Detoxification, Nutritional Deficiency, Diabetes, Anti-Cancer, Others
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores, Supermarkets
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