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Global Nutritional Analysis Market Size Estimated to Reach $8.6 Billion by 2027

The Global Nutritional Analysis Market size is estimated to reach $8.6 billion by 2027. Furthermore, it is poised to grow at a CAGR of 8.4% over the forecast period of 2022-2027. The technique of determining the nutritional content of food is known as nutritional analysis. It is an important aspect of analytical chemistry that gives data on the chemical composition, processing, quality control, and contamination of food. It ensures that commerce and food rules are followed. Preservative agents are used to prevent microbial development or undesired chemical changes in final products such as personal hygiene items, meals and beverages, pharmaceuticals, wood, biological material, and so on. Dietary fibre helps to prevent constipation and its analysis is based on the weighing after removal of non-fibre components. Trace metal analysis is the detection of metals or their compounds at very low levels. Many trace metals occur naturally in foods and are nutrients but few are at high enough levels which can be toxic. Sweetener contains a very high nutritional value and contains very few calories. According to World Health Organization, sweeteners that are used in the food industry through extensive research are considered safe for use. Gelling agents contain proteins that increase their usage in jellies, jams, desserts, yogurts, and candies. Saturated fat contains calories or energy that helps the body to absorb certain vitamins, and supports many body processes. Furthermore, Nutritional Analysis labels enable consumers to make more informed choices. Consumers continue to be curious about the nutritional value of their food. Whether they follow a ketogenic, gluten-free, or vegan diet, they want reliable information. Sometimes, customers lose trust in companies that fail to give accurate nutritional information. After people lost trust, it is nearly impossible to rebuild it. Every day, people utilize accurate nutrition labels as a guide to make healthy decisions.
The robust growth in various applications such as beverages, bakery & confectionery, snacks, and dairy & desserts are some of the factors driving the Global Nutritional Analysis Industry forward in the projected period of 2022-2027.

Global Nutritional Analysis Market Segment Analysis- By Type

The global nutritional analysis market based on type can be further segmented into Vitamin Analysis, Mineral Analysis, Fat Analysis, and Protein Analysis. Vitamin Analysis held a dominant market share in the year 2021. Nowadays, people are always looking for vitamin-rich foods as it helps to reduce chronic diseases and nourish the body. So, manufacturers are also making products that contain more vitamins giving rise to the need for the analysis of products. Vitamins are available in various types of beverages such as milk and so on. so, various companies launching innovative products that are rich in vitamins. Now, various governments are taking initiatives in order to test the nutritional value of products.
However, Mineral Analysis is estimated to be the fastest-growing, with a CAGR of 8.5% over the forecast period of 2022-2027. Recently, people are conscious of their health and prefer products that are rich in minerals as it helps to get energetic and reduce various types of diseases. Owing to this various organizations focus to analyse the nutritional value of products. Moreover, the increase in demand for health-oriented food products and the rise in availability of items that are rich in minerals are increasing the demand for the nutritional analysis of products.

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Global Nutritional Analysis Market Segment Analysis- By Application

The global nutritional analysis market based on the application can be further segmented into Beverages, Bakery & Confectionery, Snacks, Dairy & Desserts, and Others. In 2021, Beverages held a dominant market share. Recently, the demand for health-related drinks rising among consumers as it contains various types of nutrients. So, in order to test the nutrition content of products many organizations focus on beverages products as consumption of beverages becomes a more popular trend among health-conscious people owing to its availability of a variety of nutrients.
However, Bakery & Confectionery is estimated to be the fastest-growing, with a CAGR of 9.1% over the forecast period of 2022-2027. It is owing to Bakery foods are widely consumed by individuals of all ages, owing to their universally appealing taste. Houses, bakeries, restaurants, and hotels all prepare bakery products. Baking stores produce and sell a wide range of bakery and confectionery products. Nutrition content is not maintained in most of the baking products but owing to regulations it is mandatory for bakeries to print nutritional content on packed products but when it is sold loose or on buffets in hotels.

Global Nutritional Analysis Market Segment Analysis- By Geography

The global nutritional analysis market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 39% in the year 2021 as compared to its other counterparts. It is owing to people are eating more foods that are high in protein, vitamins, minerals, and other nutrients. Furthermore, as the food and beverage sector grows, the demand for nutritional analysis of products soars. Consumers have recently been suffering from a variety of diseases as a result of poor food quality of food that raises concerns about how food is processed, fermented, brined, or brewed, and necessitates thorough lab testing. Furthermore, as customers migrate toward healthier foods which soars the demand for nutritional analysis and thus boosts the market growth. In 2020, The U.S. Food and Drug Administration (FDA) has updated the nutritional facts label on packaged foods and drinks. Based on current scientific information, fresh nutrition research, and public input, the FDA is requiring revisions to the Nutrition Facts label.

Global Nutritional Analysis Market Drivers

Growing Malnutrition and Poor Diet Pattern among Population have readily aided the market growth

Owing to changing lifestyle patterns and hectic schedules, people are not able to follow a proper diet pattern which increases the cases of malnutrition among the population. According to World Health Organization, about 462 million people are underweight and about 45% of deaths among children are owing to malnutrition in 2020. Owing to this factor, the government is taking initiatives to increase the food testing infrastructure where the analysis of nutrients in food is done. Recently, governments increase spending and adopt dietary reforms to prevent hunger. Simultaneously, civil society organisations, donors, and businesses must work harder to ensure budgets in various sectors such as agriculture, education, food systems, health systems, social protection, and water sanitation and hygiene, as well as allocate more resources to end malnutrition in all forms. This factor gives rise to the demand for nutritional analysis in products.

Expansion in Food and Beverage Industry is set to drive market growth

The food & beverage industry plays a unique role in boosting economic growth as it is essential to human life and health. The industry operates at multiple levels of society where families grow crops for their own consumption, communities trade fresh produce and home processed goods, international corporations purchase commodities globally to deliver products across various countries. F&B items are now appraised not just on their quality but also on their nutritional content. As a result, food and beverage producers will need to make considerable adjustments to their current production procedures. For instance, According to the China Chain Store and Franchise Association, the food and beverage industry in China expanded and reached $595 billion in 2019. So, the rising growth of the food and beverage industry gives rise to the need for nutritional analysis.

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Global Nutritional Analysis Market Challenges

Poor Food Control Infrastructure is impeding market growth

Owing to limited resources, inadequate technology, and bad management, the infrastructure of food analysis laboratories in many countries is predicted to be limited. The market for nutritional analysis has been constrained by issues such as a lack of institutional coordination, outdated technology, and a lack of knowledge for the execution of rules at low levels, equipment, and updated standards. Food safety laboratories are understaffed and underequipped, particularly in many countries where trained analysts are in short supply. For instance, owing to understaffing and inadequate facility issues in India, the Food Safety and Standards Authority of India (FSSAI) planned to send all the food samples to private laboratories instead of government ones as the government laboratories are considered to be highly understaffed in 2019. Further, according to FSSAI guidelines, food samples need to be analyzed within 14 days but owing to the availability of only 5% technicians, sample tests are not able to complete within time which causes a short supply of foods. This factor is further impeding the market growth.

Global Nutritional Analysis Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Nutritional Analysis Market. The top 10- Global Nutritional Analysis Market companies are-

Cargill,
Ingredion,
Archer Daniels Midland (ADM),
SGS SA,
Intertek Group,
Thermo Fisher Scientific,
AsureQuality,
TUV Nord Company,
Food Lab Inc.,
Microbac Laboratories

Recent Developments

In December 2020, Pea protein was recently added to Cargill’s European ingredient portfolio. Cargill was able to get entry to the pea protein market as a result of this product launch. So, the rising number of product launches in Cargill gives rise to the need for nutritional analysis in products.

In November 2020, Verdient Foods (Vanscoy, SK) was acquired by Ingredion with 100 percent ownership. With the addition of two manufacturing sites in Canada, the acquisition allowed Ingredion to enhance its net sales and extend its manufacturing capabilities.

In September 2020, ADM enlarge its protein portfolio with textured wheat and pea proteins. These high-functionality proteins improve the meat-like texture of alternative meats. This new launch of ADM Company gives entry into the plant protein market.

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Key Takeaways

Geographically, in 2021 North America held a dominant market share. It is owing to the rising consumption of food items that are rich in protein, vitamins, minerals, and others.

Moreover, the expansion of the food and beverage industry soars the need for nutritional analysis of products. Recently, consumers are suffering from various diseases owing to the bad quality of food that gives rise to the concern of how food is being processed, fermented, brined, or brewed, and requires proper lab testing. Further, consumers are shifting towards healthy food so, the need for nutritional analysis growing and thus enhancing the market growth.

The robust growth in the food and beverage industry and increasing malnutrition and poor diseases among the population are some of the factors driving the nutritional analysis Market. However, poor food control infrastructure is impeding market growth.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Global Nutritional Analysis Market Report.

Relevant Titles

A. Nutritional Food And Drink Market 

https://www.industryarc.com/Research/Nutritional-Food-And-Drink-Market-Research-504859

B. Vitamins And Nutrition Supplements Market 

https://www.industryarc.com/Report/231/Vitamins-and-Nutrition-supplements-Market-report.html

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Contact Information:

Venkat Reddy
Sales Director
Email: venkat@industryarc.com
Website: https://www.industryarc.com
Phone: (+1) 970-236-3677

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