Global Nutritional Analysis Market: Overview
Nutritional analysis is referred to as the general analysis of the presence of nutritional content within the food and edible products. It provides analysis of food quality and safety and is used extensively in menu labeling and nutritional fact labeling. Nutritional analysis is mainly calculated by various methods such as database analysis, laboratory analysis, software analysis, online nutrition analysis, and turnkey nutrition analysis. It generally includes data on energy, the presence of micro nutrients, macronutrients, carbohydrates, proteins, fats, minerals and vitamins along with other trace elements.
Global Nutritional Analysis Market: Growth Factors
Massive application of nutritional analysis in the packaged retail food sector in the form of nutrition fact panels and menu labeling will drive the nutritional analysis market growth trends in the near future. In addition, the rise in consumer awareness, implementation of food safety and nutritional labeling regulations, globalization of food trade, and advancement in technology is anticipated to drive nutritional analysis market earnings in the near future.
Furthermore, the demand for nutritional analysis is expected to increase in the next few years due to change in international policies related to food nutrition labeling as well as an increase in consumer awareness regarding health, wellness, and physical fitness. However, issues such as lack of institutional coordination, redundant & obsolete technology, the absence of expertise for the execution of regulations at low levels, and the introduction of a new set of nutritional standards is expected to impede the progressive growth graph of nutritional analysis market in the years ahead.
Global Nutritional Analysis Market: Segmentation
The global nutritional analysis market can be classified based on the Parameter, Product Type, and Objective. Based on the parameter, the market is sectored into Vitamin Profile, Mineral Profile, Fat Profile, Moisture, Proteins, Total Dietary Fiber, Sugar Profile, Cholesterol, and Calories. On the basis of product type, the nutritional analysis market is classified into Beverages, Bakery & Confectionery, Snacks, Dairy & Desserts, Meat & Poultry, Sauces, Dressings, Condiments, Fruits & Vegetables, and Baby Food. Objective wise, the nutritional analysis market is segmented into new product development, regulatory compliance, and product labeling.
Global Nutritional Analysis Market: Regional Analysis
Based on regions, the global nutritional analysis market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The North American region is predicted to dominate the nutritional analysis market and will contribute towards the largest market share over the coming years. Factors such as a stringent food nutrition labeling regulations, increase in consumer awareness regarding nutritional labeling, and increase in use of nutrition claims as a marketing strategy by food manufacturers are predicted to drive the growth of the nutritional analysis market in the region. Europe and APAC are projected to follow North America in terms of market growth. Stringent government regulations coupled with escalating demand for nutritional labeling of products will enlarge nutritional analysis market scope in these regions
Global Nutritional Analysis Market: Competitive Players
The nutritional analysis market is dominated by key players such as ALS Ltd, Asure quality Ltd., Bureau Veritas S.A., Covance Inc., DTS Food Laboratories, Eurofins Scientific SE, Intertek Group PLC, Mérieux Nutrisciences Corporation, Qiagen Inc., SGS S.A., Thermo Fisher Scientific, Inc., and TUV Nord Group.
Global Nutritional Analysis Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- The UK
- France
- Germany
- The Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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