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Nutritional Analysis Market by Parameter, Product Type, Objective, and Region - Global Forecast to 2022

Nutritional Analysis Market: Global Forecast until 2022

  • June 2017
  • 188 pages
  • ID: 4988914
In this report:
The U.S. dominated the market with USD ##.## million in 2016 and is projected to reach USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period owing to the changing consumption patterns of the consumers, thereby boosting the nutritional analysis market growth.
According to the Food Quality and Safety publications by Wiley, total revenues for food contract test laboratories are estimated to reach USD ##.## billion in 2017, up from USD ##.## billion in 2012, at a steady compound annual growth rate (CAGR) of ##.##% from 2017 to 2022.

Summary

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The nutritional analysis market is projected to be valued at ~$4.0B in 2017, and is projected to extend ~$6.0B by 2022, at a compound annual growth rate of 8.20 percent between 2017 and 2022. The World Health Organization and governments have been taking initiatives to frame nutrition policies & regulations and to implement them; this is anticipated to fuel the market demand for nutritional study in the upcoming five years. Lack of food control infrastructure and nutrition labeling policies is one of the main restraints for the sector.

"Beverages segment is planned to be the quickest-growing segment in the nutritional analysis market"

The nutritional analysis service is used for analyzing nutritional contents of different food products including beverages, snacks, bakery & confectionery, meat & poultry, sauces, dressings, and condiments, dairy & desserts, edible fats & oils, fruits & vegetables, and baby food. The beverages segment is expected to account for the biggest share in 2016. To match the growing demand for beverages, the manufactures develop and launch wide range of new beverage products, which in turn has rised the industry demand for nutritional review for product testing and nutrition labeling.

"Asia Pacific (APAC) is intended to be the quickest-increasing area in the nutritional analysis market"

The Asia Pacific (APAC) area is forecasted to be the quickest developing market for nutritional study. Increase in this area is influenced by several rules & regulations implemented by distinct countries. Food security standards are getting stringent year-on-year to ensure safer supply of food to individuals in local and foreign countries. Governments have put different regulations associated to food nutrition labeling in place for consumers, producers, and regulators.

Distribution of primaries:

- By Organization: Tier 1 - 35 %, Tier 2 - 45.0 percent, and OEM - 20.0 percent

- By Description: C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

- By area: North america (NA) - 45.0 percent, Europe - 30.0 percent, Asia-Pacific - 20.0 percent, and rest of the world - 05.0 percent

The nutritional analysis market is leaded by, is monopolized by top players including Eurofins Scientific SE, SGS S.A., and Bureau Veritas S.A..

Segment Research

The industry report examines the nutritional analysis market across various industry verticals and localities. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including parameter, product class, objective, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the industry together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global nutritional analysis market and submarkets. This industry report will facilitate partners to better find out the competitive landscape and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The market research also benefits the partners to comprehend the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

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ref:plp2017

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