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Clinical Nutrition For Cancer Care Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Clinical Nutrition For Cancer Care Market Size
The market size for clinical nutrition in cancer care has seen robust growth over the past few years. The projections for the market size are likely to increase from $4.92 billion in 2024 to $5.22 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Factors that contributed to this growth during the historic period are rising consciousness about dietary requirements, the emergence of precision nutrition strategies, alterations in healthcare policy and reimbursement models, surgical procedures for cancer, and an increased curiosity in functional foods, nutraceuticals, and dietary supplements.
Expectations are high for a robust growth in the clinical nutrition for cancer care market in the coming years, with projections placing it at $6.48 billion by 2029, a 5.6% compound annual growth rate. This growth trajectory will mainly be driven by a transition towards tailored medicine and precision nutrition strategies, a growing demand for clinical nutrition support for patients, heightened awareness of nutrition's influence on cancer treatment results, improvements in cancer treatment, and the incorporation of formal clinical nutrition pathways in oncology. The forecast period is also expected to see advancements in nutritional biomarker research, technological innovations in nutrition products and delivery systems, increased coordination between oncologists, continual progress in nutritional science, and sustained R&D in the field of nutritional science.
What Is Contributing to the Growth of the Clinical Nutrition For Cancer Care Market?
The escalating incidence of cancer is predicted to drive the expansion of the market for clinical nutrition in cancer care. Cancer refers to a collection of diseases marked by unrestricted cell growth with the ability to metastasize to other body regions. The surge in cancer diagnoses is linked to longer life spans, making the increasingly older population more prone to cancer. Clinical nutrition in cancer care offers bespoke dietary management and nutritional support designed to meet cancer patients' distinct requirements, with the ultimate goal of enhancing the efficacy of treatments. For example, in February 2024, the World Health Organization, an intergovernmental organization based in the US, projected roughly 35 million new cancer diagnoses by 2050. This represents a 77% increase from the estimated 20 million cases in 2022. Consequently, the mounting incidence of cancer is fueling the expansion of the market for clinical nutrition in cancer care.
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Who Are the Major Industry Players Fueling Clinical Nutrition For Cancer Care Market Expansion?
Major companies operating in the clinical nutrition for cancer care market are Pfizer Inc., Bayer AG, Abbott Nutrition, GlaxoSmithKline plc, Reckitt Benckiser Group plc, Evonik Industries AG, Baxter International Inc., Otsuka Holdings Co. Ltd., B. Braun Melsungen AG, Koninklijke DSM N.V., Glanbia plc, Kyowa Kirin Co. Ltd, Nestle Health Science S.A., Danone Nutricia, BioGaia AB, Meiji Holdings Company Ltd., Hormel Health Labs, Victus Inc., Taiho Pharmaceutical Co. Ltd., Global Health Products Inc
Which Key Developments Are Influencing the Clinical Nutrition For Cancer Care Market?
Leading businesses in the clinical nutrition for cancer care market are crafting innovative products like oral nutritional supplements for cancer patients to establish a competitive position in the industry. These supplements are dietary products specially designed to cater to the nutritional needs of those with specific health conditions. For instance, in July 2022, Nestle, a Swiss-based food and beverage corporation, unveiled China's First Foods Oral Impact Su Yi Su, containing arginine and fish omega-3 among other necessary nutritional ingredients for unique medical purposes (FSMP). It was designed for patients experiencing tumor-related conditions after a lengthy five-year approval process from the Chinese regulator. Oral Impact Su Yi Su is a specially sanctioned food for special medical purposes (FSMP) supplement aimed at providing targeted nutritional aid for individuals with certain health conditions or dietary requirements. This product is designed to satisfy the distinctive nutritional demands of individuals undergoing cancer treatment.
How Is the Segmentation of the Clinical Nutrition For Cancer Care Market Defined?
The clinical nutrition for cancer care market covered in this report is segmented -
1) By Type: Oral Nutrition, Parenteral Nutrition, Enteral Feeding Formulas
2) By Cancer Type: Head And Neck Cancer, Stomach And Gastrointestinal Cancers, Blood Cancer, Breast Cancer, Lung Cancer, Other Cancer Types
3) By Age Group: Adult, Pediatric
4) By Sales Channel: Online, Retail, Institutional Sales
Subsegments:
1) By Oral Nutrition: Protein-Rich Supplements, Carbohydrate-Rich Supplements, Fat-Rich Supplements, Vitamins And Mineral Supplements, Caloric Supplements, Fiber-Enriched Supplements
2) By Parenteral Nutrition: Amino Acids, Carbohydrates, Lipids, Electrolytes And Micronutrients, Intravenous Fat Emulsions, Trace Elements And Vitamins
3) By Enteral Feeding Formulas: Standard Enteral Feeding Formulas, High-Protein Enteral Formulas, High-Calorie Enteral Formulas, Diabetic Enteral Formulas, Elemental Enteral Formulas, Specialized Enteral Formulas
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What Is the Leading Region in the Clinical Nutrition For Cancer Care Market?
North America was the largest region in the clinical nutrition for cancer care market in 2023. The regions covered in the clinical nutrition for cancer care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Clinical Nutrition For Cancer Care Global Market Report?
- Market Size Analysis: Analyze the Clinical Nutrition For Cancer Care Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Clinical Nutrition For Cancer Care Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Clinical Nutrition For Cancer Care Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Clinical Nutrition For Cancer Care Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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