(Entertainment-NewsWire.com, October 08, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Food for Special Medical Purpose (FSMP) market for 2018-2023. Foods for special medical purposes (FSMP) are a sub-category of foods intended for particular nutritional uses (PARNUT), also called “dietetic foods.” FSMPs are intended for the dietary management of diseases in patients with impaired digestive function such as absorption, making them the most medically-oriented food category. The 'Global and Chinese Food for Special Medical Purpose(FSMP) Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Food for Special Medical Purpose(FSMP) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Food for Special Medical Purpose(FSMP) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2012-2017 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Food for Special Medical Purpose(FSMP) industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2017-2022 market development trends of Food for Special Medical Purpose(FSMP) industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Food for Special Medical Purpose(FSMP) Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2012-2022 global and Chinese Food for Special Medical Purpose(FSMP) industry covering all important parameters. China’s National Health and Family Planning Commission (NHFPC) developed three national standards for FSMP products: General Principles for FSMP, General Principles for FSMP for Infants, and Good Manufacturing Practice (GMP) for FSMP (collectively, the FSMP National Standards). The recently amended Food Safety Law of China embodies this concept and authorizes the CFDA to develop a pre-market approval system for FSMP products imported, manufactured and/or marketed in China: CFDA follows the FSMP National Standards, and classifies FSMP Products into four categories: (i) Nutritionally Complete FSMP; (ii) Specific Nutritionally Complete FSMP; (iii) Nutritionally Incomplete FSMP; and (iv) FSMP for Infants. All categories of FSMP products must go through a product registration process with the CFDA, which is similar to the one currently applicable to drugs and medical devices. Registration of certain FSMP products, e.g., Specific Nutritionally Complete FSMP, would require clinical studies in China, and the CFDA would develop separate Good Clinical Practices (GCPs) to guide such studies. Manufacturers would be the owner of FSMP product registrations in China. To obtain and maintain product registrations, local manufacturers need to have an FSMP manufacturing license issued by the CFDA and comply with GMP requirements, while foreign manufacturers would be subject to the CFDA’s audit of their manufacturing sites outside China. To market FSMP products, manufacturers cannot make any claim relating to disease prevention or treatment on FSMP labels, and must instruct customers to use the products under the supervision of physicians or clinical nutritionists. Each FSMP product registration would be valid for five years, and the statutory timeline for the CFDA to review and approve each product registration is from 135 to 175 working days. Over the next five years, this report projects that Food for Special Medical Purpose (FSMP) will register a 5.7% CAGR in terms of revenue, reach US$ 14800 million by 2023, from US$ 10600 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Food for Special Medical Purpose (FSMP) market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Nutritionally Complete Foods Nutritionally Complete Foods with a Disease Nutritionally Incomplete Foods Segmentation by application: Infants & Young Children Adult The Old This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Nestle Danone Nutricia Abbott Bayer MeadJohnson Ajinomoto BOSSD LESKON EnterNutr In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Food for Special Medical Purpose (FSMP) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Food for Special Medical Purpose (FSMP) market by identifying its various subsegments. Focuses on the key global Food for Special Medical Purpose (FSMP) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Food for Special Medical Purpose (FSMP) with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Food for Special Medical Purpose (FSMP) submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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