Global Nutritional Analysis Market, By Parameter (Vitamin Profile, Mineral Profile, Fat Profile, Moisture, Proteins, Total Dietary Fiber, Sugar Profile, Cholesterol, Calories), Product Type (Beverages, Snacks, Bakery and Confectionery, Meat and Poultry, Sauces, Dressings, and Condiments, Dairy and Desserts, Fruits and Vegetables, Edible Fats and Oils, Baby Food, Others), Objective (Product Labelling, New Product Development, Regulation Compliance), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Nutritional Analysis Market
Data Bridge Market Research analyses that the global nutritional analysis market will project a CAGR of 8.90% for the forecast period of 2022-2029. Growth and expansion of the food and beverages industry, growing focus on innovations by the food and beverages sector, rising consumer consciousness towards the consumption of food items rich in protein, vitamin, minerals and others, changings tastes and preferences of consumers, growth of nutritional and dietary supplement industries and increasing personal disposable income by the major companies are the major factors attributable to the growth of nutritional analysis market.
From the name itself, it is clear that the nutritional analysis is the process of determining the nutritional content in food items. Nutritional analysis is done using wide range of certified methods. Nutritional analysis is used to determine the exact nutritional value of any given food item and detecting the percentage of macro and micronutrients. Nutritional analysis is also used to identify the presence of inhibitors and toxic chemicals as well.
Rising personal disposable income and growing preferences of the consumer regarding the consumption of product with high nutritional value are the major factors fostering the growth of the market. Changing lifestyle, westernization, rising research and development initiatives taken by major companies especially in the developing economies, surging prevalence of malnutrition and unbalanced diet and increasing applications from emerging markets are acting as market growth determinants. Improving distribution channel, rising penetration of e-commerce channels, growing demand for convenient food products, rising consumption of seafood and growing adoption of urban lifestyle will further induce growth in the market value.
However, lack of nutritional labelling in various developing economies will pose a major challenge to the growth of the market. Time consuming process and high costs associated with the product and supply chain disruptions owing to the pandemic will further restrict the scope of growth for the market. High cost associated with the research and development activities will also hamper the market growth rate.
This nutritional analysis market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on nutritional analysis market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Nutritional Analysis Market Scope and Market Size
The nutritional analysis market is segmented on the basis of parameter, product type and objective. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of parameter, the nutritional analysis market is segmented into vitamin profile, mineral profile, fat profile, moisture, proteins, total dietary fiber, sugar profile, cholesterol and calories.
- Based on product type, the nutritional analysis market is segmented into beverages, snacks, bakery and confectionery, meat and poultry, sauces, dressings, and condiments, dairy and desserts, fruits and vegetables, edible fats and oils, baby food and others.
- The nutritional analysis market is also segmented on the basis of objective. The objective is segmented into product labelling, new product development and regulation compliance.
Nutritional Analysis Market Country Level Analysis
The nutritional analysis market is analyses and market size, volume information is provided by country, parameter, product type and objective as referenced above.
The countries covered in the nutritional analysis market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the nutritional analysis market and will continue to flourish its trend of dominance during the forecast period owing to the heavy consumption of the product in U.S. and Canada and stringent regulations regarding product labelling. Asia-Pacific region will score the highest growth rate owing to the growing levels of consumption protein rich food items, rising consumer awareness about advantages, improvement in food nutrition and product labelling policies, growing population, changing lifestyle, and increasing personal disposable income.
The country section of the nutritional analysis market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Nutritional Analysis Market Share Analysis
The nutritional analysis market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nutritional analysis market.
Some of the major players operating in the nutritional analysis market are SGS SA, Intertek Group plc, Eurofins Scientific, Bureau Veritas, ALS Limited, Mérieux NutriSciences Corporation, Thermo Fisher Scientific Inc., AsureQuality services, TÜV NORD GROUP, Dairy Technical Services Limited, QIAGEN, Covance., AWTA Ltd, Microbac Laboratories, Inc., Food Lab, Inc., NutriData, MenuSano, nettnutrition and Nutritional Information Solutions among others.
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