Asia Pacific Medical Foods Market To Witness A Significant Growth Of USD 9.9 Billion By 2030
San Francisco, 18 Oct 2022: The Report Asia Pacific Medical Foods Market Size, Share & Trends Analysis Report By Route Of Administration, By Product Type, By Application, By Sales Channel, By Region, And Segment Forecasts, 2022 - 2030 The Asia Pacific medical foods market size is anticipated to reach USD 9.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.4% from 2022 to 2030. The rapid rate of urbanization and increasing geriatric population has created a need for managing diseases that affect the older population as well as those with sedentary lifestyles. Based on route of administration, the oral segment accounted for the largest revenue share of 69.0% in 2021. The majority of the medical foods available are for oral consumption. The ease of administration and rising consumer demand contribute to the largest market share of this segment. The enteral route of administration registered the fastest CAGR of