Global Oncology Nutrition Market Set For Rapid Growth, To Reach Around USD 2368.70 Million by 2024

20-Jul-2018 | Zion Market Research

Zion Market Research has published a new report titled “Oncology Nutrition Market by Cancer Type (Blood, Liver, Pancreatic, Breast, Lung, Head & Neck, Esophageal, Stomach & Gastrointestinal): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024”. According to the report, global oncology nutrition market was valued at approximately USD 1310 million in 2017 and is expected to generate revenue of around USD 2368.70 million by end of 2024, growing at a CAGR of around 8.85% between 2018 and 2024.

Oncology nutrition is a vital part of the entire process of recovering from cancer. Consuming a wide variety of foods and nutritious meals helps in coping with the heavy medication that is a part of cancer treatment. Following well-balanced oncology, nutrition helps in improving strength, maintaining body weight, and assists the body in recovering from cancer.

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Browse the full "Oncology Nutrition Market by Cancer Type (Blood, Liver, Pancreatic, Breast, Lung, Head & Neck, Esophageal, Stomach & Gastrointestinal): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024" report at https://www.zionmarketresearch.com/report/oncology-nutrition-market  

Global Oncology Nutrition Market

Malnourishment, caused due to cancer treatment or other related complications, can make patients weak or drained. Furthermore, it may lead to disruptions or delays in the cancer treatment and longer hospital stays. Thus, oncology nutrition is one of the most important aspects for fighting against cancer.   

Global oncology nutrition market is primarily driven by increasing demand for nutritional feeding in the homecare sector, growing trend towards an enteral mode of nutrition from the parenteral, and increasing incidence of malnutrition in cancer patients. Other major driving factors are developing clinical research in oncology nutrition and increasing number of cancer cases. However, tube feeding-related complications and restricted reimbursement are the major restraints that may limit the growth of the market. Nonetheless, rapid product innovation and advancement of elemental formulas in the field are likely to disclose new avenues for oncology nutrition market in the near future.

The oncology nutrition market is segmented on the basis of cancer types such as blood, liver, pancreatic, breast, lung, head & neck, esophageal, and stomach & gastrointestinal. Head & neck cancer segment holds the maximum share of global oncology nutrition market.

North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America are key regional segments of global oncology nutrition market. North America is anticipated to remain the leading region over the forecast period followed by Europe. Demand for oncology nutrition was highest in North America especially in the U.S. The Asia Pacific is expected to be the highest growing region in oncology nutrition market during the forecast period. Moreover, the Middle East & Africa and Latin America are also expected to show moderate growth for this market in the years to come.

Some of the key players in oncology nutrition market include Fresenius Kabi AG, Nestle S.A., Abbott Laboratories, Danone, Global Health Products, Mead Johnson Nutrition Company, B.Braun Melsungen AG, Victus, Meiji Holdings, and Hormel Foods, among others.

This report segments the global oncology nutrition market as follows:

Global Oncology Nutrition Market: By Cancer Type

  • Blood
  • Liver
  • Pancreatic
  • Breast
  • Lung
  • Head & Neck
  • Esophageal
  • Stomach & Gastrointestinal

Global Oncology Nutrition Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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