The market is segmented by application into bakery, confectionary, diary, food, therapeutic food, pharmaceuticals and others, out of which, therapeutic food segment is anticipated to hold the largest market share on the back of increasing demand for ready-to-use therapeutic food (RUTF) worldwide, especially by governmental institutions such as United Nations International Children’s Education Fund (UNICEF), which is known to procure a major share of the total RUTF produced worldwide. According to UNICEF, it procures nearly 75-80% of the global demand for RUTF a year, which includes 30-35k metric tons (MT) of RUTF paste, suitable to treat around 2.1-2.5 million children.
Our in-depth analysis of the global market includes the following segments
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Author Credits: Parul Atri
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