How the Oncology Nutrition Market is Positioned for Growth: Trends, Market Size, and Future Opportunities (2025-2034)
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What Major Innovations Are Driving the Accelerated Growth of the Oncology Nutrition Market?
The increasing prevalence of cancer is significantly boosting the oncology nutrition market. As the number of cancer cases rises, there is a greater need for specialized nutritional support. In 2023, the American Cancer Society reported 1,958,310 new cancer cases in the U.S., reflecting a 3.16% increase from 2021. This rising incidence of cancer is expected to drive the demand for oncology nutrition.
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#What is the Growth Potential of the Oncology Nutrition Market, and How Will It Perform by 2034?
The oncology nutrition market has grown rapidly in recent years. It is projected to increase from $1.9 billion in 2024 to $2.1 billion in 2025, with a compound annual growth rate (CAGR) of 10.5%. This growth is driven by an aging population, improved healthcare infrastructure, research investments, patient-centered care, and rising healthcare expenditure.
The oncology nutrition market is expected to grow, reaching $3.06 billion by 2029 at a CAGR of 9.9%. Growth is driven by increasing cancer incidence, a rising demand for specialized nutrition, expanding clinical trials, and higher disposable incomes. Trends include personalized nutrition, immuno-nutrition, genomic nutrition, integrative medicine, and a focus on value-based care.
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What Are the Most Significant Market Trends Transforming theOncology Nutrition Market?
In the oncology nutrition market, companies are focusing on innovative solutions for cancer patients’ nutritional needs to improve treatment outcomes and enhance the quality of life during and after cancer therapy. For example, in June 2024, AEACAP, a Spain-based patient support association, launched a new nutrition series for cancer patients and their caregivers. The series, presented by a specialized nutritionist, provides essential dietary guidance, highlighting the importance of proper nutrition in supporting cancer treatment and improving overall well-being.
What Are the Top Market Players Propelling the Growth of theOncology Nutrition Industry?
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
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Which Primary Segments of the Oncology Nutrition Market Are Driving Growth and Industry Transformations?
The oncology nutrition market 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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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Oncology Nutrition Market?# Market?
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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