Nutritional Analysis Market Will Hit Big Revenues In Future | Key Players are Eurofins Scientific SE, SGS S.A., Bureau Veritas S.A., Intertek Group PLC., Mérieux NutriSciences Corporation, and Thermo Fisher Scientific Inc.

The nutritional analysis market is estimated to be valued at USD 4.04 Billion in 2017, and is projected to reach USD 5.99 Billion by 2022, at a CAGR of 8.2% from 2017 to 2022. Nutrition analysis refers to the process of determining the nutritional content of food. Nutritional analysis involves two ways to calculate the nutritional content of a food sample; chemically, and by calculation. Nutritional analysis has been increasing in the global market due to the rise in consumer awareness, implementation of food safety and nutritional labeling regulations, globalization of food trade, and advancement in technology.

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The global market, based on parameter, is segmented into vitamin profile, proteins, fat profile, sugar profile, mineral profile, cholesterol, calories, total dietary fiber, moisture, and others. The demand for nutritional analysis is expected to increase in the next few years due change in international policies related to food nutrition labeling as a result of increase in consumer awareness regarding health and wellness.

Based on product type, the nutritional analysis market is segmented into beverages, snacks, bakery & confectionery, meat & poultry, sauces, dressings, and condiments, dairy & desserts, fruits & vegetables, edible fats & oils, baby food, and others. The beverages segment dominated the market owing to its increase in consumption, development of various new products, and wider availability. The beverages segment accounted for the largest market share in 2016 as beverages in many forms are being consumed in most of the countries across the world.

The global market, by objective, is segmented into new product development, product labeling, and regulatory compliance. The product labeling segment dominated the market in 2016 as nutrition labeling policies are changing across the world, and manufacturers are required to follow the guidelines to sell their products in the market.

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The nutritional analysis market in the Asia-Pacific region is projected to witness the highest CAGR from 2017 to 2022. The market for nutritional analysis in the Asia-Pacific region is growing due to various rules and guidelines implemented by different countries. Nutritional analysis standards are getting stringent year-on-year to ensure safer supply of food to individuals in local and foreign countries. Governments have put various regulations in place for consumers, producers, and regulators.

This report includes a study of marketing and development strategies, along with the service portfolios of key service providers. It includes the profiles of leading companies such as Eurofins Scientific SE (Luxembourg), SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group PLC. (U.K.), ALS LTD. (Australia), Mérieux NutriSciences Corporation (U.S.), and Thermo Fisher Scientific Inc. (U.S.).

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