Global Oncology Nutrition Market Analysis 2018 By Top Players like Danone, Nestlé, B. Braun Group, Abbott, Fresenius Kabi, Mead Johnson Nutrition, Meiji Co., Ltd, Hormel Foods, Global Health Products, Inc., Victus, Lactonova™
The Global Oncology Nutrition Market is expected to reach USD 2.6 billion by 2025, from USD 1.34 billion in 2017 growing at a CAGR of 5.6 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Oncology Nutrition Market By Cancer Type (Head & Neck, Stomach & Gastrointestinal, Liver, Pancreatic, Esophageal, Lung, Breast, Blood), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Some of the major players operating in the global oncology nutrition market are:-
• B Braun Melsungen AG,
• Fresenius Kabi AG
• Mead Johnson & Company, LLC. ,
• Meiji Holdings Co., Ltd.,
• Hormel Foods Corporation,
• Global Health Products, Inc.,
• amongst others.
The global oncology nutrition market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes global oncology nutrition market for global, Europe, North America, Asia Pacific and South America
Cancer is abnormal uncontrollable proliferation of cells. Nutritional oncology is an interdisciplinary field that bridges two areas of metabolic homeostasis—nutrition and cancer. In order to cure the loss of body after treatment or radiotherapy, high quality and high calorie food is provided to the patient through oncology nutrition to restore strength to fight with the illness. Good nutrition also provides more energy and improves the quality of life by managing side effects of treatment and speeds up recovery. The rising prevalence of cancer leads to substantial growth in oncology nutritional market. For instance, according to the International Agency for Research on Cancer (IARC), in 2012, there were 14.1 million new cancer cases and 8.2 million cancer deaths worldwide. By 2030, the global burden of new cancer cases is expected to grow to 21.7 million and 13 million cancer deaths simply due to the growth and aging of the population. There have been tremendous technological advancements in the field of nutritional oncology in the last decade. For instance, in 2007, the National Institutes of Health developed the Genes, Environment and Health Initiative (GEI), to promote research and understand the genetic and environmental contributions to health and disease. GEI funded technology-driven methodology improves measures of diet, physical activity, chemical exposures, psychosocial measures and biological response indicators.
Reasons to Purchase this Report
• Current and future of global oncology nutrition market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Major Market Drivers and Restraints:
• Rising prevalence rate of cancer
• Increasing number of patients being treated for malnutrition
• increasing quality of clinical research on nutritional interventions
• Rising demand for nutritional feeding in the homecare sector
• shifting focus from parenteral to enteral nutrition
Customization of the Report
• The report includes the complete segmentation displayed above across all above mentioned countries
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
• The global oncology nutrition market is segmented based on cancer or end user type and by geographical segments.
• Based on cancer type, the market is segmented into head & neck cancer, stomach & gastrointestinal cancer, liver cancer, pancreatic cancer, esophageal cancer, lung cancer, breast cancer, blood cancer
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Key Developments in the Market:
• June 2016, Danone(France) and HungerNdThirst foundation started a collaboration to understand cancer patients’ needs to help them better deal with taste alterations. The purpose was to improve nutritional intake and quality of life by combatting dysgeusia.
• November 2012: The joint venture of Nestle (Switzerland) and Chinese medicine library provided an opportunity to develop and commercialise truly innovative and scientifically validated botanical-based nutrition for personalised healthcare in gastrointestinal health.
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