Demand for Global RUTF & RUSF Market Size & Share to Surpass USD 1248.97 Million by 2028, Exhibit a CAGR of 7.12% | RUTF & RUSF Industry Trends, Value, Analysis & Forecast Report by Zion Market Research
NEW YORK, June 15, 2022 /PRNewswire/ -- As per Zion Market Research study, The global RUTF & RUSF market registered a revenue growth of USD 624.9 million in 2021 and is projected to grow to about USD 1248.97 million by 2028. The market is expected to expand with a CAGR of around 7.12 percent over the forecast period. The report examines the RUTF & RUSF market's major challenges, drivers, restraints, and key opportunities with their impacts on the overall market performance during the forecast period.
Key Industry Insights & Finding of the RUTF & RUSF Market Reports:
- As per the analysis shared by our research analyst, the RUTF & RUSF Market is expected to grow annually at a CAGR of around 7.12 % (2022-2028).
- Through the primary research, it was established that the RUTF & RUSF Market was valued approximately USD 624.9 Million in 2021 and is projected to reach to roughly USD 1248.97 Million by 2028.
- In 2020, Europe accounted for nearly 55 percent of worldwide demand for RUTF and RUSF, far outpacing the second most profitable area, the Middle East and Africa, which contributed just a quarter of global demand in the ready-to-use therapeutic and supplemental food industry.
- A number of regional businesses in Europe are focusing on increasing their manufacturing capacity while also delivering RUTF and RUSF to UNICEF and other NGOs.
- North America manufacture high ready-to-use therapeutic food and supplementary food products for newborns in a number of African countries, including Ethiopia, Sudan, Burkina Faso, Kenya, and Nigeria. On the other side, the adoption of CAMAM in countries such as Bangladesh, Pakistan, Bhutan, Afghanistan, and India has aided the industry growth in Asia Pacific.
Zion Market Research published the latest report titled as "RUTF & RUSF Market By Type (Ready-To-Use Therapeutic Food And Ready-To-Use Supplementary Food), By Application (Non-Governmental Organizations, United Nations Agencies, Charities, Dispensaries, Hospitals, And Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028." into their research database.
RUTF & RUSF Market: Overview
Malnutrition is a big problem in underdeveloped economies like Africa and Asia, and it's becoming worse as the world's population grows. Malnutrition kills 3.1 million children under the age of five each year, according to the World Food Program (WFP), a statistic that is rising with each passing year. The implementation of community-based treatment and management of acute malnutrition, together with the invention of RUTF and RUSF, has substantially boosted the efficiency and effectiveness of therapeutic feeding care according to UNICEF & WHO data. As a result, the demand for RUTF & RUSF products will continue to rise in the future years, indicating the worldwide growth of the RUTF & RUSF market.
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Industry Dynamics:
RUTF & RUSF Market: Growth Drivers
- Increasing demand for nutrition-rich RUTF & RUSF products strongly driving the market demand.
The nutritious value of RUTF and RUSF products is their USP. Manufacturers in the global RUTF & RUSF market are concentrating their efforts on creating more nutritional content that will meet the demands of newborns, children, and working adults. RUTF & RUSF items are simple and easy to distribute to people of all ages in the community, and they're also easier to transport through disasters and emergencies. For instance, Insta Products Ltd. produces protein-vitamin-rich RUTF and RUSF porridge products that are suitable for infants, young children, and adults at a low cost. Furthermore, Nutty Butta RUTF is a healthy, high-protein diet made from excess cheese and non-fat dry milk for malnourished children and adults, developed by Tabatchnick Fine Foods, Inc. Due to heavy demand for nutrition-rich food products, manufacturers are also investing more in the new product launches which in turn fueling the market growth.
RUTF & RUSF Market: Restraints
- High cost of the products may hinder the market growth.
In the present RUTF formulation Peanuts, vitamins & minerals, vegetable oil, and milk powder are all included. The cost of these ingredients is quite high, resulting in a higher final product cost. The number of people in need of treatment far outnumbers the amount of money available for this reason. As a result, there is a substantial need for cost-effective raw material alternatives. In RUTF & RUSF products, the adoption of alternative and cost-effective ingredients can help to lower the total cost. Until then the high cost of the nutrients used in RUTF and RUSF poses a major hindrance to the global RUTF & RUSF market growth.
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Global RUTF & RUSF Market: Opportunities
- Big and mid-size corporations are increasing their spending on SCR activities which is projected to offer better growth opportunities for the market expansion.
According to UNICEF and WHO, over 33 million children under the age of five suffer from moderate acute malnutrition (MAM), whereas 19 million children under the age of five suffer from severe acute malnutrition (SAM). These rising numbers are causing everyone to be concerned. As a result, many corporations are stepping up to assist and feed these youngsters through CSR initiatives. The demand for RUTF and RUSF products is being driven by these causes. Companies like the Tata Trust, Adani Group, and others are donating large sums of money to provide RUTF and RUSF products to children in India and throughout the world.
Global RUTF & RUSF Market: Challenges
- Issues with quality and inconsistency in RUTF milk products pose a major challenge to the market growth.
UNICEF places a high priority on ensuring the quality of RUTF products. Given the nature and health state of the intended benefit to children, the presence of microbiological contaminants in peanut and milk-based diets constitutes a risk. Present microbiological guidelines are based on the most recent guidance from the United Nations Food and Agriculture Organization (FAO) and the World Health Organization (WHO) on the microbial safety of lipid-based ready-to-eat meals for waste management. However, most of the time the food is spoiled due to improper storage conditions or transport which cannot be utilized by consumers. These factors pose major challenges to the global RUTF & RUSF market growth.
Global RUTF & RUSF Market: Segmentation
- The global RUTF & RUSF market is categorized based on type, application, and region.
Based on type, the market is categorized into ready-to-use therapeutic food and ready-to-use supplementary food. The application segment of the market is bifurcated into non-governmental organizations, United Nations agencies, charities, dispensaries, hospitals, and others.
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List of Key Players of RUTF & RUSF Market:
- GC Rieber Compact
- Hilina Enriched Foods
- Diva Nutritional Products
- Insta Products
- Edesia Nutrition
- InnoFaso
- Meds & Food For Kids
- NutriVita Foods
- Mana Nutritive Aid Products
- Nutriset
- Power Foods Industries
- Tabatchnick Fine Foods
- Valid Nutrition
- Samil Industrial
- Nuflower Foods and Nutrition.
Key questions answered in this report:
- What are the growth rate forecast and market size for RUTF & RUSF Market?
- What are the key driving factors propelling the RUTF & RUSF Market forward?
- What are the most important companies in the RUTF & RUSF Market Industry?
- What segments does the RUTF & RUSF Market cover?
- How can I receive a free copy of the RUTF & RUSF Market sample report and company profiles?
Report Scope:
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Recent Developments:
- In November 2020, Mana Nutritive Aid Products was able to deliver 450 packs of RUTF to Rwanda for distribution with Rwanda Children. The group will soon be able to provide life-saving RUTF to 450 children.
Regional Dominance:
- Europe to lead the global market during the forecast period.
In 2020, Europe accounted for nearly 55 percent of worldwide demand for RUTF and RUSF, far outpacing the second most profitable area, the Middle East and Africa, which contributed just a quarter of global demand in the ready-to-use therapeutic and supplemental food industry. A number of regional businesses in Europe are focusing on increasing their manufacturing capacity while also delivering RUTF and RUSF to UNICEF and other NGOs. Regional manufacturers in North America manufacture high ready-to-use therapeutic food and supplementary food products for newborns in a number of African countries, including Ethiopia, Sudan, Burkina Faso, Kenya, and Nigeria. On the other side, the adoption of CAMAM in countries such as Bangladesh, Pakistan, Bhutan, Afghanistan, and India has aided the industry growth in Asia Pacific.
Global RUTF & RUSF Market is segmented as follows:
RUTF & RUSF Market: By Type Outlook (2022-2028)
- Ready-to-use Therapeutic Food (RUTF)
- Ready-to-use Supplementary Food (RUSF)
RUTF & RUSF Market: By Application Outlook (2022-2028)
- United Nations Agencies
- Charities
- Hospitals
- Dispensaries
- Non-Governmental Organizations (NGOs)
- Others
RUTF & RUSF Market: By Region Outlook (2022-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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