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Food as medicine market worth $35.26 Billion by 2030, analysts revealed

The food as medicine market is estimated to grow at a CAGR of 5.30% to US$ 35.26 billion by 2030. Because of new food fortification technology and nutritional discoveries, consumers are opting to increase their calorie consumption. The key reasons for utilising functional and fortified foods are to increase overall health and nutritional intake. In 2020, the world food as medicine market was worth US$116.27 million. According to the International Diabetes Federation (IDF), there were around 463 million diabetics in 2019, with this figure anticipated to climb to 700 million by 2045. Furthermore, because 462 million individuals globally are underweight, medicinal meals, along with enteral feeding, are the first line of therapy for malnourished patients. In terms of revenue, North America leads the globe in the food as medicine sector.

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