Ready-to-use Therapeutic Food Market Will Reach Nearly US$ 617 Mn In Revenues By 2024
Verfasser: yogesh on Tuesday, 4 December 2018Persistence Market Research recently conducted in-depth analysis of the global ready-to-use therapeutic food market, according to which the global sales registered a value worth US$ 307.3 Mn in 2017. The market is poised to be valued in excess of US$ 617 Mn by 2024 end, according to the report, titled “Ready-to-use Therapeutic Food Market: Global Industry Analysis and Forecast, 2017–2024.” The market is expected to observe exponential growth at a robust CAGR of around 10.5% over a seven-year forecast period, 2017-2024.
“Favourable initiatives by government as well as non-government entities in order to efficiently treat severe acute malnutrition (SAM) will remain a key factor impacting the demand for ready-to-use therapeutic food products throughout the projection period,” states a research analyst, Persistence Market Research.