Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.30 Billion | USD 13.85 Billion | 8.2% | 2023 |
Zion Market Research has published a report on the global Global Nutritional Analysis Market, estimating its value at USD 6.30 Billion in 2023, with projections indicating that it will reach USD 13.85 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.2% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Global Nutritional Analysis Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Nutrition Analysis is the art of utilizing and consuming a healthy diet. It is the method of taking the food and utilizing it for metabolism and repair tasks. The need for nutrients is to help cells of the body rejuvenate and help them stay alive. Nutrition analysis is the method of congesting food along with enabling catabolism, bio-synthesizing, excretion, absorption, and assimilation. It ensures security and improves food quality.
Report Attributes | Report Details |
---|---|
Report Name | Global Nutritional Analysis Market |
Market Size in 2023 | USD 6.30 Billion |
Market Forecast in 2032 | USD 13.85 Billion |
Growth Rate | CAGR of 8.2% |
Number of Pages | 110 |
Key Companies Covered | Mérieux Nutrisciences Corporation, Qiagen Inc., Eurofins Scientific SE, ALS Ltd, Thermo Fisher Scientific, Inc., Asure quality Ltd., SGS S.A., Bureau Veritas S.A., Covance Inc., DTS Food Laboratories, Intertek Group PLC, and TUV Nord Group |
Segments Covered | By Type, By end-user, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Growing cases of malnutrition and poor diet globally is set to create new growth avenues for the nutritional analysis market over the forecast timeframe. The rise in the implementation of nutrition labeling and claims laws in food & beverages sector will steer the business growth over the forecast timespan. Changing customer behavior as a result of nutritional labeling on food items will favor the nutritional analysis industry over the upcoming years. Escalating consumer inclination towards the intake of nutritive food products will prompt the expansion of the nutritional analysis industry over the assessment period.
Apparently, changes in the policies pertaining to food nutrition labeling activities and a rise in end-user awareness related to health, physical well-being, and wellness will culminate in the huge expansion of nutritional analysis industry growth over the forecast timeline. Nonetheless, issues like the use of redundant techniques, lack of coordination between employees of the food processing firms or units, and the launching of new nutritional standards can pose a threat to the expansion of the nutritional analysis industry over the forthcoming years.
The expansion of the nutritional analysis market in the sub-continent over the forecast timespan is due to stringent food nutrition labeling laws along with a surge in customer awareness pertaining to nutritional labeling. In addition to this, the rise in the utility of nutrition claims as the key promotional activities in the countries such as the U.S. and Canada will promulgate market expansion over the years ahead.
Major players influencing the market growth are;
By Type
By Parameter
By Objective
By Region
FrequentlyAsked Questions
Growing cases of malnutrition and poor diet globally is set to create new growth avenues for nutritional analysis market over the forecast timeframe. Rise in implementation of nutrition labeling and claims laws in food & beverages sector will steer the business growth over the forecast timespan. Changing customer behaviour as a result of nutritional labeling on food items will favor the nutritional analysis industry over the projected timeline. Escalating consumer inclination towards intake of nutritive food products will prompt the expansion of nutritional analysis industry over the assessment period.
Apparently, changes in the policies pertaining to food nutrition labeling activities and rise in the end-user awareness related to health, physical well-being, and wellness will culminate into huge expansion of nutritional analysis industry growth over the forecast timeline.
According to Zion Market Research report, the global Nutritional Analysis market, which was estimated at about US$ 6.30 Billion in 2023 and is predicted to accrue earnings worth US$ 13.85 Billion by 2032, is set to record a CAGR of nearly about 8.2% from 2024 to 2032.
North America is likely to make noteworthy contributions towards overall Nutritional Analysis Market revenue in the coming years. The growth of the market in the region over estimated timespan can be ascribed to stringent food nutrition labeling laws along with surge in the customer awareness pertaining to nutritional labeling. In addition to this, rise in the utility of nutrition claims as the key promotional activities in the countries such as the U.S. and Canada will promulgate the market expansion over the years ahead.
The key players profiled in the report include Mérieux Nutrisciences Corporation, Qiagen Inc., Eurofins Scientific SE, ALS Ltd, Thermo Fisher Scientific, Inc., Asure quality Ltd., SGS S.A., Bureau Veritas S.A., Covance Inc., DTS Food Laboratories, Intertek Group PLC, and TUV Nord Group.
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