ABBOTT, BioMarin, Mead Johnson & Company, LLC. (A Subsidiary of Reckitt Benckiser Group plc.) are Dominating the Global Medical Foods for Inborn Errors of Metabolism Market in 2019

Global Medical Foods for Inborn Errors of Metabolism Market are expected to grow with the healthy CAGR of 12.3% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.

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Global medical foods for inborn errors of metabolism market are a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different medical foods, various acquisitions and partnership to enter in specific market have led the manufacturers to established their foot prints.

The major players dealing in global medical foods for inborn errors of metabolism market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio.

BioMarin Pharmaceutical Inc., is the dominating player in the medical foods for inborn errors of metabolism market and the other players in the market are Nestlé Health Science (A subsidiary of Nestle), Nutricia (A subsidiary of Danone), Solace Nutrition, Mead Johnson & Company, LLC. (A Subsidiary of Reckitt Benckiser Group plc.), Biomarin, Ajinomoto Cambrooke, Inc. (A Subsidiary of Ajinomoto Co., Inc.), Poa Pharma, PKU-MDmil, Pristine Organics Private Limited, APR, Ener-G foods, Inc, Promin Metabolics and Dr. Schär AG / SPA among others.

Abbott

Abbott headquartered in the U.S., and incorporated in 1894. The company focuses on bringing a change through access to healthcare, community engagement, science education and shared impact. The company’s business segments are established pharmaceutical products, nutritionals, diagnostics and medical devices.  The company offers its product in several categories which are adult, infant and new mother, therapeutic, child, sports and active living. The company has wide global presence across the globe such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. The company provides its products in market through its subsidiaries such as Abbott Administration Inc. (Delaware), Abbott Bioresearch Center, Inc.(Delaware), Abbott Diabetes Care Sales Corporation(Delaware), Abbott Home Infusion Services of New York, Inc.( New York), Abbott Laboratories Inc.( Delaware) among others.

BioMarin

BioMarin headquartered in the U.S., and incorporated in 1997. The company focuses on developing first-in-class and best-in-class therapeutics that provide meaningful advances to patients who live with serious and life-threatening rare genetic diseases. The company provides various products in market including PALYNZIQ, brineura, vimizim, kuvan, naglazyme, and aldurazyme.The company has wide global presence across the globe such as North America, South America, Europe and Asia-Pacific. The company has its subsidiaries as well and they are BioMarin Europe Ltd (Europe), Zacharon Pharmaceuticals Inc.(U.S.), BioMarin/Genzyme LLC (U.S.) among others.

Mead Johnson & Company, LLC. (A Subsidiary of Reckitt Benckiser Group plc.)

Mead Johnson & Company, LLC. (A Subsidiary of Reckitt Benckiser Group plc.) headquartered in Illinois, U.S. The company focuses on developing products to encourage healthy growth, support brain development and address common feeding issues. The company deals in different business segment which are health, hygiene home. The company offers its products in different categories such as routine infant formulas, feeding solution formulas, allergy formulas for infants and toddlers, other special needs formulas, premature infant formulas and products, oral electrolyte solutions, hospital feeding systems, toddler formulas, dietary supplements, and metabolic formulas. The company has its strong presence around the world which includes North America, South America, Europe and Asia-Pacific.

For instance,

  • In June 2017, Mead Johnson & Company, LLC., stated that it has been completely merged with Reckitt Benckiser Group plc (RB). It was expected that the Mead Johnson brand and business continued to flourish more with Reckitt Benckiser plc groups’ good innovation and marketing process. This has led to strong growth and geographical expansion in the market.