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The global oncology nutrition market is projected to reach USD 3,201.1 million by 2028, growing at a CAGR of 7.6%. The nutritional status of every patient with cancer is negatively affected by the cancer itself or indirectly through tumour-induced metabolic changes (often referred to as cancer-induced malnutrition or cachexia). According to several studies, medical oncologists and other healthcare professionals treating patients with cancer seem to neglect nutritional issues, both considering screening and information or intervention.Get sample copy of Oncology Nutrition Market report @ https://www.adroitmarketresearch.com/contacts/request-sample/1608
Need for Improved Therapeutic Outcome Likely to Boost Oncology Nutrition Worldwide
As per international protocols laid down by leading institutions such as the America College of Surgeons, cancer care critically ascertains superlative nutrition intensive diet of superlative quality for improved outcome in patient care.
Need for maintaining superlative therapeutic outcome amongst cancer patients and the soaring spike in cancer cases globally are anticipated to spearhead relevant growth in global oncology nutrition market. As per latest reports released by US National Cancer Institute, year 2020 is estimated to witness over 1.8 Mn new cancer cases.
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Recent studies associate poor nutrition as one of the key propellants of oncology cases, also substantially interfering with disease management and therapeutic outcome. This has led to significant fillip in oncology nutrition market to ensure superlative therapeutic outcome.
Adroit Market Research striving to assess new market developments in oncology nutrition market has recently compiled a new research study to serve as requisite investment guide for wise business decisions amongst notable players.
R&D Investments and Clinical Research Activities to Pave Growth Avenues
Oncology nutrition space is a significantly nascent stage market with niche functionality. Leading players in oncology nutrition market are diverting massive investments towards R&D investments to assess the risk of nutritional wasting. Several pipeline projects are underway to develop pathbreaking oncology nutrition-based products.
Vendors Include Probiotic Ingredients as Top Oncology Nutrition Products
Additionally, several critical products are also at various stages of development and critical trial to come up with relevant products. Improved R&D expeditions, funding schemes and clinical trials are anticipated to foster million dollar returns in global oncology nutrition market in the coming years.
In terms of new products, earlier this year Indian biotech company, Esperer Onco Nutrition has successfully unveiled new range of oncology nutrition based supplements to address specific cancer patient nutritional needs.
These supplements are rich in pre and probiotics as well as milk proteins to maintain optimal nutritional content amongst oncology patients who are also susceptible to weight loss. Designed under expert supervision of leading oncologists and dietitians, these supplements are considered major disruptors in oncology nutrition market.
North America accounted for the largest share of the global oncology nutrition market. Moreover, Asia Pacific is projected to show highest growth during the forecast period due to increased cognizance and availability of innovative healthcare facilities. Key players of the global oncology nutrition market include Abbott Laboratories, Nestle S.A., Danone, Fresenius Kabi AG, B.Braun Melsungen AG, Mead Johnson Nutrition Company, Hormel Foods, Meiji Holdings, Victus, Global Health Products among others.
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Key segments of the global oncology nutrition market
Cancer Type Overview, 2018-2028 (USD Million)
Head & neck cancer
Stomach and gastrointestinal cancers
Liver cancer
Esophageal cancer
Pancreatic cancer
Lung cancer
Blood cancer
Breast cancer
Other cancers
Regional Overview, 2018-2028 (USD Million)
North America
U.S.
Canada
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Middle East & Africa
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Contact Info:
Name: Ryan Johnson
Email: Send Email
Organization: Adroit Market Research
Website: https://www.adroitmarketresearch.com/industry-reports/oncology-nutrition-market
Release ID: 88981831
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