Nutritional Analysis Market COVID-19 Impact Analysis, Demands and Industry Forecast Report 2029


Posted February 7, 2023 by pranit10

The Nutritional Analysis Market reached a value of US$ 5.85 Bn. in 2021. The global market is expected to grow at a CAGR of 8.4% during the forecast period. The market is expected to reach a value of US$ 11.15 Bn. by 2029.

 
Nutritional Analysis Market Overview:

The process of concentrating food while also allowing for biosynthesis, catabolism, excretion, assimilation, and absorption is known as nutrition analysis. Nutritional analysis ensures that food quality and safety are improved. Nutritional analysis is most commonly used in the retail food packaging industry as nutrition fact menus and panel labelling. Nutritional analysis can reveal and accurately measure the nutritional composition of foods. This is significant because both consumers and authorities place a high value on food's nutritional composition.

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Nutritional Analysis Market Scope:

Changing food label policies are causing market participants to use nutritional analysis, which is expected to drive revenue growth in the market. This technology assists the brand in building goodwill by revealing product contents and ensuring that the products are safe to consume. Furthermore, rising consumer demand for safe and nutritious food is expected to drive demand for nutritional analysis. Government laws pertaining to food safety and higher quality are benefiting the global nutritional analysis market.

In December 2017, the Comptroller and Auditor General of India issued an audit report on the 'Implementation of Food Safety and Standards Act, 2006'. Nutrition information is required on packaged retail items in the form of nutrition facts panels in the United States due to stringent food labelling requirements. Nutritional labelling is a technique for reducing information asymmetry between producers and consumers in which manufacturers provide consumers with information that would otherwise be unavailable to them. These factors are propelling the nutritional analysis market forward.

Nutritional Analysis Market Segmentation:

The Nutritional Analysis Market is divided into four product categories: beverages, snacks, meat and poultry, and dairy and desserts. By 2027, the Beverages segment is expected to account for 68% of total market revenue. Beverages, in addition to providing necessary hydration, can be a source of additional nutrients. Some drinks may contain vitamins and minerals, protein, lipids, and other carbohydrates to boost energy. This category includes fruit juice, vegetable juice, whole milk, sports drinks, vitamin-enhanced waters, and alcoholic beverages. Each has benefits and drawbacks. Because of these factors, this segment is constantly growing.

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Nutritional Analysis Market Key Players:

The following are the key players of the Nutritional Analysis market-

Intertek Group
Eurofins Scientific
Thermo Fisher Scientific
Bureau Vieritas
ALS
Mérieux NutriSciences
AsureQuality
TÜV Nord Group
Food Lab, Inc.
Compu-Food Analysis
NutriData
Certified Laboratories
Premier Analytical Services
Regional Analysis:

In the geographical component of the research, specific market influencing factors and modifications to market laws that have an impact on present and future market trends are also examined. Analysis of the downstream and upstream value chains, technological trends, an examination of Porter's five forces, and case studies are a few of the components used to forecast market scenarios for various nations.

COVID-19 Impact Analysis on Nutritional Analysis Market:

The COVID-19's effects on the Nutritional Analysis sector are also evaluated in the paper. The main objective of this research is to provide users with an understanding of the market in terms of definition, segmentation, market potential, important trends, and difficulties that the sector faces globally. The study looks at the macroeconomic and microeconomic effects of COVID-19 on the Nutritional Analysis Market. In order to clearly show the pandemic's impact on the global Nutritional Analysis industry in the coming years, the analysis focuses on market share and size.

Key Questions Answered in the Nutritional Analysis Market Report are:

What will be the Nutritional Analysis market's CAGR throughout the projected period (2021-2027)?
Which market category emerged as the market leader in the Nutritional Analysis industry?
Who are the key players in the Nutritional Analysis industry?
What important trends in the Nutritional Analysis industry are anticipated to develop throughout the forecast period?
How big will the Nutritional Analysis industry be in 2027?
In 2020, which business segment had the highest proportion of the Nutritional Analysis industry?
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Last Updated February 7, 2023