Medical nutrition market to hit $40bn by 2018

The global medical nutrition market is projected to reach US$40.1 billion by 2018, with huge growth forecast in India in particular. The Indian market itself is expected to reach approximately US$4.2 billion by 2017.

An increase in aging populations, coupled with growing incidences of illness, has resulted in market growth for medical nutrition products. Another key factor driving the market is premature births due to mothers’ insufficient nutritional status, particularly in populous Asian countries such as China and India.

The industry is still in a nascent stage, however, and there is strong need for regulatory clarity, customised products, affordable pricing and distribution strategy.

Fi India (Food ingredients India) has developed a one-day strategic seminar on medical foods. According to the organisers, this is the first seminar in India covering regulations, innovative R&D and ingredients, marketing strategies and other important aspects of medical foods.

The Power Pack One-Day Seminar will include:

• Insights on scientific history and benefits about medical foods,
• Recent product developments in medical foods for Aging, Developing, and Other Specialised Populations [http://ift12.abstractcentral.com/planner],
• Nutritional genomics and its role in increasing the potential of personalised or medical nutrition,
• Regulatory framework necessary for medical foods,
• Innovative delivery modes for medical foods,
• Latest consumer trends and strategies for successful market positioning of medical foods.

The seminar will bring together more than 60 vice presidents, directors, heads of regulatory, R&D, production innovation and production development department professionals from the pharmaceutical, nutraceutical and food and beverage industries.

For more information, visit www.medicalfoods.fnbconfex.com/pr.