The emergence of strict guidelines regarding food quality in developed countries and the surge in demand for packaged and processed food drive the growth of the global nutritional analysis market. On the other hand, many manufacturers happen to provide inaccurate information about the formulation of their ingredients in products or manipulate test results which restrains the market growth to some extent. However, a rise in living standards and an increase in investments in food production are expected to pave the way for lucrative opportunities for the key players in the industry.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ ๐ซ๐๐ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/16020
Human survival requires food and beverages. Because food and beverages are so important in people’s lives, most food security and quality regulations around the world prioritize regulatory compliance in terms of food and beverage quality. All countries in the European region have very strict guidelines regarding the quality of the ingredients used in the food as well as the nutritional composition of the food to ensure that consumers in the region get the best quality food products in the region. Similarly, the U.S. Food and Drug Administration (F.D.A.) imposes strict guidelines on food manufacturing practices. Manufacturers must conduct a variety of food product tests to ensure that the food products meet the standards set by their respective food regulatory authorities. This adherence to food testing is helping to boost the nutritional analysis market growth in developed regions around the world.ย
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The players operating in the market have adopted various developmental strategies to increase their nutritional analysis market share, gain profitability, and remain competitive in the market. The key players operating in the market analysis include- ALS Limited, Bureau Veritas SA, Compu-Food Analysis, Eurofins Scientific, Food Lab, Inc., Intertek Group PLC, Lifeasible, MENUSANO, Microbac Laboratories, Inc., Opal Research And Analytical Services, Pat-Chem Laboratories LLC, SGS SA, Test Needs Australia, Thermo Fisher Scientific, Inc., and TรV SรD.ย ย
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North America was the largest shareholder in terms of the nutritional analysis market analysis of food and beverages in the base year owing to the strict guidelines regarding the nutritional analysis of consumables in the region. Europe was the second largest in terms of market share, while the Asia-Pacific region is expected to have the highest growth rate with a CAGR of 6.8% at the end of the forecast period.
Key findings of the studyย
- By analysis type, the laboratory testing nutritional analysis segment dominated the market in 2021 and the nutritional database dependent nutritional analysis segment is expected to have the highest growth during the forecast period.
- By product type, nutritional analysis of bakery and confectionery held the highest market share in 2021 and is expected to retain its dominance in the future.
- By nutrients, the micronutrients segment is anticipated to be the fastest growing segment during the forecast period.ย
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