Oncology Nutrition Market Trends, Size, Forecast - 2019-2025


Posted June 29, 2020 by pooja1919

The global oncology nutrition market is expected to grow at a significant CAGR during the forecast period.

 
The global oncology nutrition market is expected to grow at a significant CAGR during the forecast period. According to oncology nutrition institute, 85% of cancer cases across the globe is caused by unhealthy lifestyle and diet. This high significance of food and nutrition apart from the causal factors has created space for treatment related nutrition. While a patient receives the cancer treatment or deals with the post treatment period, nutrition plays the most crucial role here. With the rising healthcare expenditure in different economies, the market is expected to witness a lucrative growth in the future years.

Rising prevalence of cancer is one of the major factors that is driving the growth of the market. According to WHO, cancer is the second leading cause of mortality across the globe which was responsible for an estimated 9.6 million mortalities in 2018. Around one-third of the mortalities from cancer are due to the 5 key behavioral and dietary risks including high body mass index, low fruit and vegetable intake, lack of physical activity, tobacco use, and alcohol use. A majority of these factors are related to regular eating habits owing to which nutrition and food is considered as a proactive aspect that can curb down the risk factor. Further, growing demand for nutritious food during the post recovery period of cancer is assisting significantly in the market growth. However, low disposable income and less awareness in emerging economies are expected to restrain the growth of the market.

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The key players dominating the global oncology nutrition market are Abbott Laboratories, Inc., B. Braun Melsungen AG, Chr. Hansen Holding A/S, Fresenius Kabi AG, Healios Oncology Nutrition, LLC, Nestlé S.A., Trovita Health Science, and Danone SA. These players adopt various strategies such as mergers & acquisitions, products, and services offering expansion, geographical expansion, and partnership & collaboration to stay competitive in the market. For instance, in 2019, CancerCare partnered with Savor Health for the launch of Intelligent Nutrition Assistant (INA), for assisting in the proper diet management of the cancer patient. Additionally, the growth of the market in the region is due to the various innovations and new products launched in the region by key players.

A full report of Oncology Nutrition Market is available at: https://www.omrglobal.com/industry-reports/oncology-nutrition-market

Global Oncology Nutrition Market Segmentation

By Cancer Type

Liver Cancer

Pancreatic Cancer

Lung Cancer

Breast Cancer

Others (Esophageal Cancer, Head and Neck Cancer)

Global Oncology Nutrition Market Regional

North America

US

Canada

Europe

Germany

UK

France

Spain

Italy

Rest of Europe

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific

Rest of the World

Middle East & Africa

Latin America

Company Profiles

Abbott Laboratories, Inc.

B. Braun Melsungen AG

Baxter International Inc.

Care4ward, Inc.

Danone S.A

Enlivity Corp.

FMC Corp.

Fresenius Kabi AG

Healios Oncology Nutrition, LLC

Hexagon Nutrition Pvt. Ltd.

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated June 29, 2020