Europe Medical Foods Market size is anticipated to hit USD 7.2 billion by 2030
Europe Medical Foods Industry Overview The Europe medical foods market size was valued at USD 5.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.9% from 2022 to 2030. The rise in the prevalence of chronic diseases, the rapidly growing geriatric population, and governmental authorities focusing on reducing malnutrition are key factors responsible for the growth of the medical foods market. According to WHO the burden of disease in Europe associated with poor nutrition is rising. According to Eurostat, more than one-fifth of the EU population was 65 and above, as of 2020. Gather more insights about the market drivers, restrains and growth of the Europe Medical Foods Market The European Union’s (EU) declining birth rate and increase in overall life expectancy have resulted in an increase in the geriatric population, and will continue to rise in the coming decades. The majority of chronic diseases which affect t...