Thailand Medical Food Market: By Product Type, By Demography, By Formulation, By Application, By Distribution Channel, and Country Forecast 2020-2031
Report ID:36486
Published Date:Apr 2023
No of Pages:177
Format:
Thailand Medical Food Market size was valued at US$ X million in 2024 and is expected to reach US$ X million by 2031, growing at a significant CAGR of X% from 2025-2031. Medical foods are the dietary products that are specially formulated and used for the dietary management of disease that has unique nutritional feed and can't be met by routine diet. The ingredients used in the formulation of medical foods are must have generally recognized as safe (GRAS) status. These are completely different from dietary supplements, nutritional foods, and prescription drugs. Medicated foods contain nutrient-based ingredients such as chelated zinc, omega 3 fatty acids, and isoflavones, protein-based ingredients, vitamins, and minerals.
Thailand's medical food market has a lucrative growth over the forecast years and country benefited from its medical service sector. Market players are focus to invest in Thailand medical food market owing to better availability of agriculture raw materials in the country, adoption of technological advancements, presence of skilled professionals and labors, and high quality-control standards. Moreover, government support for the investors in the country also surge the market. In addition, launch of newer food products and medical food production plants are bolster the Thailand medical food market. For instance, in October 2016, Thai Otsuka Pharmaceutical Co., Ltd. invested 650 Mn baht for the construction of new factory to produce the vital medicated foods.
Increase in the prevalence of chronic diseases such as Alzheimer's, diabetes, neurological disorders, and renal failure is a key factor drives the Thailand medical food market. Moreover, favorable regulation scenario, rise in awareness about the medical foods among the people and healthcare professionals, rise in R&D for the development of newer products, launch of disease specific medicated food formulas by the market players, increase in the geriatric population, and rise in adoption of infant nutrition products are anticipated to propel the Thailand medical food market over the forecast years. However, high cost of products, lack of awareness about the proper usage, quality concerns, and strong scientific support to prove health claims are restrain the growth of Thailand medical food market.
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Thailand Medical Food Market size was valued at US$ X million in 2024 and is expected to reach US$ X million by 2031, growing at a significant CAGR of X%.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
The key players of the market are NanoMed Co., Ltd. (Thailand), Krittiya Royal Ltd. (Thailand), Otsuka Pharmaceutical Co., Ltd. (Japan), Abbott Laboratories (U.S.), Danone (France)
Content Updated Date: Sep 2025
| 1.Executive Summary |
| 2. Thailand Medical Food Market Introduction |
| 2.1. Thailand Medical Food Market - Taxonomy |
| 2.2. Thailand Medical Food Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Demography |
| 2.2.3. Formulation |
| 2.2.4.Application |
| 3. Thailand Medical Food Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Thailand Medical Food Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Thailand Medical Food Market By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Nutritionally Complete Formulas |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Nutritionally Incomplete Formulas |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Formulas for Metabolic Disorders |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Oral Rehydration Products |
| 5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Thailand Medical Food Market By Demography, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Infants |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Children |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Adults |
| 6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Thailand Medical Food Market By Formulation, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Pills |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Powder |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Liquid |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Thailand Medical Food Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. Sleep Management |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Pain Management |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Gastrointestinal Disorders |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Neurological Disorders |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Metabolic Disorders |
| 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Nutritional Disorders |
| 8.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.6.3. Market Opportunity Analysis |
| 8.7. Others |
| 8.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.7.3. Market Opportunity Analysis |
| 9. Competition Landscape |
| 9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 9.2.1.NanoMed Co., Ltd. (Thailand) |
| 9.2.2.Krittiya Royal Ltd. (Thailand) |
| 9.2.3.Otsuka Pharmaceutical Co., Ltd. (Japan) |
| 9.2.4.Abbott Laboratories (U.S.) |
| 9.2.5.Danone (France) |
| 9.2.6.Nestle S.A. (Switzerland) |
| 9.2.7.Fresenius Kabi AG (Germany) |
| 9.2.8.Mead Johnson Nutrition (U.S.) |
| 10. Research Methodology |
| 11. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.
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