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Nutrition Detection Market worth $5.87 billion by 2030, growing at a CAGR of 7.84% - Exclusive Report by 360iResearch
Nutrition Detection Market | 360iResearch
The Global Nutrition Detection Market to grow from USD 3.46 billion in 2023 to USD 5.87 billion by 2030, at a CAGR of 7.84%.
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Nutrition detection refers to the systematic process of identifying and quantifying the nutritional content of food items and substances. This encompasses the analysis of macronutrients such as proteins, fats, and carbohydrates, and micronutrients, including vitamins and minerals. The objective of nutrition detection is to provide accurate and comprehensive nutritional information, which is essential for dietary planning, health assessments, and the formulation of food products. Improved awareness about the importance of nutrition in preventing diseases and maintaining overall health drives market growth. Additionally, growing demand for personalized dietary recommendations and convenience owing to market growth. However, the high cost of advanced devices may limit adoption among cost-sensitive consumers and small businesses. Furthermore, growing innovations in nutrition detection technologies create lucrative opportunities for market growth.
In the Americas, the United States and Canada are leading the way in the nutrition detection market. The United States captures a significant share, with a robust innovation ecosystem, high health-conscious population, and strong investment in research. Consumer behavior in these regions leans towards preventative healthcare measures, driving demand for personalized nutrition detection tools. EU countries exhibit a high demand for nutrition detection technologies, influenced by an aging population, rising chronic diseases, and well-established healthcare systems emphasizing preventative care. The market is also driven by stringent EU regulations ensuring the safety and efficacy of nutrition detection devices. The MEA region shows varied growth, with the Gulf countries investing significantly in healthcare infrastructure and innovation. China, Japan, and India are pivotal in the Asia Pacific nutrition detection, witnessing a surge in health awareness, government initiatives in healthcare, and growing incidences of lifestyle diseases, propelling the demand for nutrition detection solutions. The market is driven by government investments in health tech and increasing consumer spending on health and wellness.
Market Segmentation & Coverage:
This research report categorizes the Nutrition Detection Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Instruments and Software. The Instruments is further studied across Gas Chromatography-Mass Spectrometry (GC-MS) Systems, High-Performance Liquid Chromatography (HPLC) Systems, Inductively Coupled Plasma Mass Spectrometry (ICP-MS) Equipment, and Near-Infrared Spectroscopy (NIRS) Instruments. The Instruments is projected to witness significant market share during forecast period.
Based on Nutrition Type, market is studied across Carbohydrates, Fiber, Minerals, Proteins, and Vitamins. The Fiber is projected to witness significant market share during forecast period.
Based on Application, market is studied across Cereals & Grains, Dairy Products, Fruits & Vegetables, Meat, Poultry & Seafood, and Processed Food. The Cereals & Grains is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Chemistry Testing Services, Food Companies, and Food Safety Testing Laboratories. The Food Safety Testing Laboratories is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.23% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Nutrition Detection Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Nutrition Detection Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Nutrition Detection Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, ALS Limited, AWTA Ltd., Becton, Dickinson and Company, bioMérieux SA, Danaher Corporation, Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., Intertek Group PLC, Microbac Laboratories, Inc., Mérieux NutriSciences, Inc., OMICSFIT, SGS SA, Siemens AG, SMS Labs, Sysmex Corporation, Thermo Fisher Scientific Inc., and TÜV SÜD AG.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Nutrition Detection Market, by Component
7. Nutrition Detection Market, by Nutrition Type
8. Nutrition Detection Market, by Application
9. Nutrition Detection Market, by End-Use
10. Americas Nutrition Detection Market
11. Asia-Pacific Nutrition Detection Market
12. Europe, Middle East & Africa Nutrition Detection Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Nutrition Detection Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Nutrition Detection Market?
3. What is the competitive strategic window for opportunities in the Nutrition Detection Market?
4. What are the technology trends and regulatory frameworks in the Nutrition Detection Market?
5. What is the market share of the leading vendors in the Nutrition Detection Market?
6. What modes and strategic moves are considered suitable for entering the Nutrition Detection Market?
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