The latest report on the “Oncology Nutrition Market (Cancer Type – Head & Neck, Stomach & Gastrointestinal, Liver, Pancreatic, Lung, and Breast): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global oncology nutrition market is projected to grow at a CAGR of 8.3% over the forecast period of 2019-2025.
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The increasing prevalence’s of cancer across the globe, the surge in demand for nutritional food from the homecare segment with a rise in focus towards nutrition are key factors drives the growth of the global oncology nutrition market. As per the World Health Organization, the global cancer burden is estimated to have risen to 18.1 million new cases and 9.6 million deaths in 2018. Oncology nutrition helps in healing wounds after chemotherapy, hormone therapy, radiation therapy, surgery, immunotherapy, and other treatment. Additionally, the growing prevalence of malnutrition in patients affected by cancer and the significance of nutritional intervention is another factor is likely to contribute the market growth.
However, the high cost of oncology nutrition products may hamper market growth. Furthermore, product innovation, particularly with respect to non-GMO based formulas, creates significant opportunities for the growth of the oncology nutrition market. For instance, Nestlé Health Science and Virtual Health Partners Collaborate to launch innovative COPES™ (Cancer Oriented Personalized Eating & Emotional Support) program, provide nutrition and wellness support for patients with cancer.
North America Dominates the Global Oncology Nutrition Market
Geographically, the global oncology nutrition market is bifurcated into North America, Europe, Asia- Pacific and Row. North America dominates the global oncology nutrition market over the forecast period. As per the National Cancer Institutes, in 2018, around 17 million new cases of cancer were recorded. The growing prevalence’s of cancer and growth in the aging population who are highly prone to chronic and acute ailments in this region are trigger regional growth of the market. Asia- Pacific oncology nutrition market is anticipated to expand at a rapid CAGR during the forecast period. The growth of this region is attributed owing to the growing awareness regarding the benefits of nutritional food for cancer patients, the growing elderly population, and growing healthcare expenditure.
The report on the global oncology nutrition market covers segments such as cancer type. On the basis of cancer type, the sub-markets include head & neck, stomach & gastrointestinal, liver, pancreatic, lung, and breast.
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The report provides profiles of the companies in the market such as B. Braun Melsungen AG, Fresenius Kabi, Danone S.A., Nestlé S.A., and Abbott Laboratories.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the oncology nutrition.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.