Global Oncology Nutrition Market 2022 – Market Opportunities And Strategies
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The oncology nutrition market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 9%, as per The Business Research Company’s market report!
Read More On The Oncology Nutrition Market Report 2022 – https://www.thebusinessresearchcompany.com/report/oncology-nutrition-global-market-report
The Oncology Nutrition Market Size In 2022 And Forecast
The global oncology nutrition market is expected to grow from $1.34 billion in 2021 to $1.51 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The global oncology nutrition market size is expected to grow to $2.13 billion in 2026 at a CAGR of 8.9%.
The oncology nutrition market consists of sales of oncology nutrition products by entities (organizations, sole traders, and partnerships) that are used to improve clinical outcomes in certain cancer types.
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Increase In The Prevalence Of Cancer Is Driving The Growth Of The Oncology Nutrition Market
For instance, in 2020, according to the World Health Organization, a Switzerland-based health agency, 19.3 million new cancer cases were registered, and almost 10.0 million cancer deaths occurred in the US. Therefore, the rising incidence of cancer will contribute to the growth of the oncology nutrition market.
Competitive Landscape And The Regional Analysis Of The Oncology Nutrition Market
Major players in the oncology nutrition market are B. Braun Melsungen AG, Danone India, Abbott Laboratories, Nestle S.A., Victus, Hormel Food Corporation, Meiji Holdings, Pfizer Inc., Baxter International, Mead Johnson Nutrition Company, Fresenius Kabi AG, Braun Melsungen AG, Auris Health Inc., Aceto, and Hansen Medical.
Additionally, as per TBRC’s research – North America was the largest region in the oncology nutrition market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Oncology Nutrition Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oncology nutrition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the oncology nutrition market.
Strategic Partnerships – A Key Trend In The Oncology Nutrition Market
Organizations operating in oncology nutrition are focused on strategic partnerships to meet consumer demand and reinforce their position.
Oncology Nutrition Market Segmentation By The Business Research Company
1) By Cancer Type: Blood Cancer, Breast Cancer, Stomach and Gastrointestinal Cancers, Liver Cancer, Pancreatic Cancer, Others
2) By Nutrition: Enteral Nutrition, Parenteral Nutrition
3) By End-Users: Hospitals, Homecare, Specialty Clinics, Others
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