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Key Factor Supporting Global Oncology Nutrition Market Development in 2025: Surge In Cancer Prevalence Drives Growth In Oncology Nutrition Market
Oncology Nutrition
How Large Will the Oncology Nutrition Market Size By 2025?
The oncology nutrition market experienced robust expansion throughout the recent past and projects continued upward momentum, moving from a valuation of $1.9 billion in 2024 to an anticipated $2.08 billion in 2025, reflecting a consistent compound annual growth rate of 9.4%. This upward trajectory observed during the historical timeframe stems from several contributing factors, notably the increasing proportion of the elderly population, enhancements in medical support systems, increased funding channeled into scientific investigation and product creation, a shift towards care models focused on the individual patient, and an overall surge in expenditures within the healthcare sector.
How Big Is the Oncology Nutrition Market Size Expected to Grow by 2029?
The oncology nutrition sector anticipates robust expansion in the upcoming years, projecting a market valuation of three billion U.S. dollars by 2029, fueled by a compound annual growth rate established at 9.5%.This anticipated growth throughout the projection timeframe stems from several key factors, notably the escalating prevalence of cancer worldwide, a heightened need for specialized nutritional products, a surge in clinical studies across the globe, and generally increasing levels of personal income.Key developments poised to shape this market during the forecast period encompass individualized dietary plans, the growing focus on immune-supporting nutrition, nutrition guided by genetic information, the integration of complementary medical approaches, and the shift towards care models centered on measured outcomes.
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Which Key Market Drivers Powering Oncology Nutrition Market Expansion and Growth?
The escalating frequency of cancer is a major propellant behind the expansion of the market focused on nutrition for cancer patients moving ahead.Cancer incidence is defined as the count of novel cancer diagnoses emerging within a specific population across a defined timeframe.Individuals battling cancer have a vital need for food supplies that deliver ample nourishment.Consequently, the surge in new cancer occurrences directly elevates the necessity for oncology nutrition products.To illustrate this trend, data from the American Cancer Society, a non-profit cancer advocacy group based in the US, indicated that new cancer diagnoses in 2023 reached 1,958,310 as of January 2023, marking a 3.16 percent rise from the 1,898,160 cases reported in 2021.Hence, the growing rate of cancer diagnoses is positioned to fuel the advancement of the oncology nutrition sector.
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Which Fast-Growing Trends Are Poised to Disrupt the Oncology Nutrition Market?
Leading enterprises within the oncology nutrition sector are channeling efforts into creating novel offerings, specifically dietary support for individuals battling cancer, with the goals of optimizing therapeutic results, bolstering immunological health, mitigating adverse effects stemming from treatment, and elevating the general well-being throughout and following oncological care. This specialized nutrition for cancer patients involves tailored meal regimens and nutritional supports engineered to fulfill the distinct requirements of those undergoing cancer therapies. To illustrate, in the month of June 2024, AEACAP, an organization based in Spain dedicated to supporting patients, introduced a fresh sequence focusing on nutrition intended to aid both cancer sufferers and those caring for them. This particular project comprises video content that is disseminated bi-weekly, hosted by a qualified nutritionist, with the intended purpose being the dissemination of vital advice regarding eating habits and nutritional intake before, during, and after cancer treatment, underscoring how appropriate nourishment significantly contributes to better results and a superior quality of life for people who have been impacted by this disease.
What Are the Emerging Segments in the Oncology Nutrition Market?
The oncology nutritionmarket covered in this report is segmented -
1) By Cancer Type: Blood Cancer; Breast Cancer; Stomach and Gastrointestinal Cancers; Liver Cancer; Pancreatic Cancer; Other Cancer Types
2) By Nutrition: Enteral Nutrition; Parenteral Nutrition
3) By End-Users: Hospitals; Homecare; Specialty Clinics; Other End Users
Subsegments:
1) By Blood Cancer: Leukemia; Lymphoma; Multiple Myeloma
2) By Breast Cancer: Early-Stage Breast Cancer; Advanced Breast Cancer
3) By Stomach and Gastrointestinal Cancers: Gastric Cancer; Colorectal Cancer; Esophageal Cancer
4) By Liver Cancer: Hepatocellular Carcinoma; Cholangiocarcinoma
5) By Pancreatic Cancer: Exocrine Pancreatic Cancer; Endocrine Pancreatic Tumors
6) By Other Cancer Types: Lung Cancer; Prostate Cancer; Ovarian Cancer; Head And Neck Cancers
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Who Are the Global Leaders in the Oncology Nutrition Market?
Major companies operating in the oncology nutrition market include B. Braun Melsungen AG, Danone India, Abbott Laboratories, Nestle S.A., Hormel Foods Corporation, Meiji Holdings Co. Ltd., Pfizer Inc., Baxter International Inc., Mead Johnson Nutrition Company LLC, Fresenius Kabi AG, Mead Johnson & Company LLC, Global Health Products Inc., Nutricia, Cambrooke Therapeutics Inc., Kate Farms Inc., Real Food Blends LLC, Abbott Nutrition, Fresenius Kabi USA LLC, Medtrition Inc., Nutra Balance Products, Nutritional Medicinals LLC, Pinnacle Foods Inc., Primus Pharmaceuticals Inc., Solace Nutrition, The Simply Good Foods Company, Unimed Pharma LLC, Vitaflo USA LLC
Which are the Top Profitable Regional Markets for the Oncology Nutrition Industry?
North America was the largest region in the oncology nutrition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oncology nutrition market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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