Ready-to-Use Therapeutic Food Market

Global Ready-to-Use Therapeutic Food Market Size (2024 to 2032)

Global Ready-to-Use Therapeutic Food Market size was valued at USD 440.21 million in 2023, and the global market size is expected to reach USD 724.99 million by 2032 from USD 465.30 million in 2024. The market's promising CAGR for the predicted period is 5.7%.

Ready-to-use therapeutic foods are revolutionizing the home treatment of severe acute malnutrition in children. These foods ensure rapid weight gain in severely malnourished children and can be used safely at home without medical supervision. Ready-to-use therapeutic foods are based on skim milk, peanut butter, oil, sugar, and other vitamins and minerals that provide enough nutritional support for children to recover more quickly and fully. The ready-to-use therapeutic food does not need to be mixed with water, so it is safe to use in remote places where there is contaminated water. Ready-to-use therapeutic foods are available in the marketplace in various formats such as powder, drinkable liquid, and semi-solid paste.

MARKET DRIVERS

Increasing government and NGO initiatives regarding the treatment of malnutrition are expected to foster the growth of the market for ready-to-use therapeutic foods. For example, the Initiative to End Child Malnutrition (IECM) was established as a collaboration between the Division of Global Health and Human Rights (GHHR), the Harvard College Global Hunger Initiative (GHI) and the Karoli Lwanga Nyakibale Hospital in Rukungiri District, Uganda. This was transferred to local communities in Uganda in December 2014. Therefore, the increase in these initiatives is supposed to drive the growth of the global ready-to-use therapeutic food market. Increasing focus of the UNICEF to encourage local makers is anticipated to offer lucrative growth opportunities in the ready-to-use therapeutic food market. The growing willingness of the manufacturer to expand ATLC's production facilities to meet the rising need for this feed is anticipated to drive market growth over the outlook period. Additionally, local governments are also taking the initiative to encourage local ATLC production, which should create even more opportunities for local manufacturers to enter the market. For example, in August 2016, following a continued increase in the number of malnourished children in Nigeria, the Sokoto state government announced that it would start producing RTAs locally.

MARKET RESTRAINTS

The increasing government shift to local ingredients is predicted to hamper the target market growth. UNICEF's standard formula for ATLC contains ingredients such as powdered milk, peanuts, oils, vitamins and minerals and, in most areas, peanuts and powdered milk are not profitable in all regions. Therefore, manufacturers and local governments prefer profitable substitutes for peanuts and powdered milk to produce RTAs. This factor is expected to slow the growth of the ready-to-use therapeutic food market in futureee.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Ready-to-Use Therapeutic Food Market By Product Type

Depending on the product type, the global ready-to-use therapeutic food market is segregated mainly into solid, semi-solid and drinkable liquids. Solid RTAs are available in powder, cookie and chocolate bar forms, which can be eaten straight from the envelope or even mixed with drinking water to consume as a porridge. Due to the constant demand for strong products, the market is likely to experience many product innovations leading to rapid market growth. The semi-solid segment is foreseen to remain the dominant segment throughout the evaluation period and will likely thrive at an impressive CAGR of more than 10%. Ready-to-use drinkable therapeutic foods are beverages fortified with vitamins and minerals specifically to treat SAMe. Following UNICEF's focus on ramping up the purchase of drinkable ATLCs recently announced, the beverage ATLC is expected to experience solid growth through 2032.

REGIONAL ANALYSIS

The global Ready-to-Use Therapeutic Food market has been categorized based on geography into the regions of North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. Based on the analysis, Europe and MEA are likely to remain as the key markets, while North America is expected to prosper at a healthy double-digit growth rate during the envisioned period. Regional players in the European market are the main contributors to the UNICEF and other leading organizations. The top manufacturing facilities are sophisticated enough and are currently being expanded. With this in mind, Europe is estimated to have strong production and income generation and therefore healthy growth. Local authorities in the MEA are increasing the budget to treat malnutrition, while regional governments are working to establish manufacturing facilities. However, as a result, MEA's contribution to revenue will be relatively higher during the outlook period. At APAC, the implementation of CAMAM in Asian countries is driving demand. APAC and MEA are determined to grow vigorously, due to the increased number of opportunities through 2032.

KEY PLAYERS IN THE GLOBAL READY-TO-USE THERAPEUTIC FOOD MARKET

Key players in the Ready-to-Use Therapeutic Food Market include Tabatchnik Fine Foods, GC Rieber Compact AS, Power Foods Tanzania, NutriVita Foods, Nutriset SAS, Mana Nutritive Aid Products, Insta Products, InnoFaso, Hilina, Edesia USA, and Diva Nutritional Products.

RECENT HAPPENINGS IN THE MARKET

• In February 2020, Ariel Foods FZE has inaugurated its RUTF factory in Lagos. The ATLC factory will produce ready-to-use therapeutic food, an UN-recommended product used to combat severe acute malnutrition.
• In May 2017, Insta Products EPZ Limited, in association with the Nutrition and Dietetics Unit of the Ministry of Health and UNICEF, partnered with KEMSA to distribute ready-to-use therapeutic food (RTAF) in countries facing high incidence of malnutrition.

DETAILED SEGMENTATION OF THE GLOBAL READY-TO-USE THERAPEUTIC FOOD MARKET INCLUDED IN THIS REPORT

This research report on the global ready-to-use therapeutic food market has been segmented and sub-segmented based on product type, and region.

By Product Type

• Drinkable Therapeutic Food
• Solid
• Semi-Solid

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa