The Oncology Nutrition Market research report offers an in-depth analysis of the global Oncology Nutrition Market by presenting the details about the latest product launches and recent innovations in the market. It also provides data about impact on the market growth due to covid-19. The competitive landscape has also been incorporated in the market so as to understand the market current scenarios and trends. Moreover, the report also highlights collaborations, company mergers, and upcoming collaborations to strive in the market successfully.
Oncology Nutrition Market Overview
The global oncology nutrition market is anticipated to reach USD 2.4 billion by 2020 growing at a CAGR of 7.9% during the forecasting period, 2020-2028. Oncology nutrition is the dietary requirement for patients suffering from cancer. Oncology is one of the branches of medicine which deals prevention, diagnosis, and treatment of cancer. It includes medical, surgical and radiation oncology nutrition. Factors such as rising demand for home care nutritional products and rising demand for meeting the nutritional requirements of cancer patients are some of the major drivers for the oncology nutrition market
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Key Findings
The global oncology nutrition market is segmented into type, flavours, brands, package type, and geography.
The type segment is segmented into Food and Supplement
Flavours segment is segmented into Raspberry, Blackberry, Strawberry, Chocolate, Vanilla and Others
Brands segment is segmented into Danone, Nutricia, Resource Support Plus, Nutricomp, Abbott Molecular, Fresubin, Ensure, Boost, Replete and Breeze
The package Type segment is segmented into Cans and Bottles
Geographically, the global oncology nutrition market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Oncology Nutrition Market Regional Analysis
North America region is the largest contributor to the oncology nutrition market in the forecast period 2020-2028 and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028.
Oncology Nutrition Market Competitive Landscape
· Danone
· Nestle
· B. Braun Melsungen AG
· Abbott
· Fresenius Kabi AG
· Mead Johnson & Company, LLC.
· Meiji Holdings Co. Ltd.
· Hormel Foods Corporation
· Global Health Products Inc.
· Victus
· Lactonova
· Pfizer
· Celgene
· Merck
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Oncology Nutrition Market Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- In 2019, Nestle Health Science and Virtual Health Partners have collaborated for launching the Innovative COPES Program for providing nutrition and lifestyle support for patients suffering from cancer.
- In 2017, Mead Johnson & Company, LLC has been acquired by Reckitt Benckiser Group plc (RB), which is one of the world's leading consumer health and hygiene company
Hence, tremendous progress has been made over the last decade and yet a lot more to come in recent years.
Reasons to Acquire in the Oncology Nutrition Market
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for the oncology nutrition market so as to understand the trends and the factors involved in changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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This study estimates the market size for 2018 and projects its demand till 2023.
Top-down and bottom-up approaches were used to validate the size of this market and estimate the size of other dependent submarkets.
Various secondary sources such as directories, industry journals, databases (such as D Hoovers, Bloomberg Business, and Factiva), and annual reports of companies have been used to identify and collect information useful for the study of the oncology nutrition market.Major Growth Drivers:actors such as the development of elemental formulas and product innovation in terms of non-GMO-based formulas present significant opportunities for the growth of oncology-based nutrition formulas.Expected Revenue Growth:[92 Pages Report] The oncology nutrition market was valued at USD 1.34 Billion in 2017 and is expected to reach USD 2.21 Billion by 2023, at a CAGR of 8.7% during the forecast period.Accessories to Fuel the Growth of Oncology Nutrition MarketFactors such as shifting focus from parenteral to enteral nutrition, increasing incidence of cancer, growing demand for nutritional feeding in the homecare sector, rising number of patients being treated for malnutrition, and increasing quality of clinical research on nutritional interventions are driving the market growth.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166703967The report analyzes the oncology nutrition market by type of cancer and region.
Based on cancer type, the head and neck cancers segment accounted for the largest share of the market in 2017.
Patients with head and neck cancers suffer from severe problems associated with oral nutritional intake.Thus, the enteral route is used for nutrition support.
With the increasing number of such cancers cases, the uptake of tube feeding formulas has increased.
According to the new market research report by MarketsandMarkets, the oncology nutrition market was valued at USD 1.34 Billion in 2017 and is expected to reach USD 2.21 Billion by 2023, at a CAGR of 8.7% during the forecast period.Factors such as shifting focus from parenteral to enteral nutrition, increasing incidence of cancer, growing demand for nutritional feeding in the homecare sector, rising number of patients being treated for malnutrition, and increasing quality of clinical research on nutritional interventions are driving the market growth.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166703967Factors such as the development of elemental formulas and product innovation in terms of non-GMO-based formulas present significant opportunities for the growth of oncology-based nutrition formulas.Region Covered in Oncology Nutrition Market :Geographically, the oncology nutrition market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
In 2017, North America accounted for the largest share of this market.
However, the Asia Pacific region is expected to witness the highest CAGR during the forecast period of 2018 to 2023.
The growth of this segment can be attributed to the increased awareness and accessibility to advanced healthcare facilities, rising healthcare spending, large population base, and rapid improvements in the health insurance sector.Get 10% FREE Customization on This Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=166703967The report analyzes the oncology nutrition market by type of cancer and region.
Based on cancer type, the head and neck cancers segment accounted for the largest share of the market in 2017.
Patients with head and neck cancers suffer from severe problems associated with oral nutritional intake.Although, tube feeding is an effective and cost-efficient option for providing clinical nutrition, certain complications associated with the use of these devices can result in additional healthcare costs.
