Press release
2025-2034 Dietary Supplemen*t Testing Services Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Dietary Supplemen*t Testing Services Industry Market Size Be by 2025?
The market size for dietary supplemen*t testing services has seen a significant rise recently. It is anticipated to expand from a worth of $2.93 billion in 2024 to $3.2 billion in 2025, with a compound annual growth rate (CAGR) of 9.2%. The notable growth observed in the past can be credited to a heightened awareness about healthy food and nutrition, an increased emphasis on maintaining an active lifestyle, a surge in the demand for dietary suppleme*nts, the growing necessity to verify nutritional facts, and a rising prevalence of supplement use.
What's the Long-Term Growth Forecast for the Dietary Supplemen*t Testing Services Market Size Through 2029?
Anticipations of robust expansion in the dietary supplemen*t testing services market are evident for the upcoming years, with predictions indicating that its worth will increase to $4.57 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.4%. The predicted growth throughout the forecasting period is due to a combination of factors such as a rising awareness amongst consumers, the expanding impact of urbanization and contemporary lifestyles, an escalating requirement for preventive healthcare solutions, an intensified focus on quality and safety, and the increasing availability of dietary supplemen*t products. Key projected trends for the forecast period include continuous technological developments, stringent regulations overseeing the dietary supplemen*t sector, an increasing emphasis on quality control, the expanding importance of safety and efficacy, together with the adoption of novel testing methodologies.
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What Are the Key Growth Drivers Fueling the Dietary Supplemen*t Testing Services Market Expansion?
The boost in healthcare expenditure is predicted to fuel the expansion of the dietary supplemen*t testing services market. It is the cumulative amount expended on healthcare goods and services in a given period that consitututes healthcare spending. Notably, allocations for safety and effectiveness evaluations of dietary supplemen*ts form part of this expenditure. This involves financing research work and clinical studies to ascertain the possible advantages and potential risks tied to particular dietary supplemen*ts, thereby fostering market growth. For example, a report by the Office for National Statistics, a government department in the UK, in May 2023 showed that between 2022 and 2023, healthcare expenditure in the UK recorded a growth of 5.6% relative to a 0.9% growth in 2022. In total, the UK healthcare expenditure stood at about $317.63 billion (£292 billion) in 2023. Consequently, the upsurge in healthcare expenditure is facilitating the growth of the dietary supplemen*t testing services market.
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What Are the Key Trends Driving Dietary Supplemen*t Testing Services Market Growth?
Prominent firms involved in the dietary supplemen*t testing services market are utilizing strategic partnerships as a method to introduce dietary supplemen*ts into fresh markets. This type of partnership involves companies capitalizing on each other's strengths and resources for collective success and benefits. For example, in May 2022, HealthLoq, a US-based Blockchain-Powered Nutraceutical Information Platform, formed a partnership with UL Solutions, a safety science firm also based in the US. This partnership assimilated the HealthLoq's blockchain-based openness platform with UL's prowess in independent testing, inspection, and auditing procedures. The cooperation streamlined the introduction of dietary supplemen*ts to new markets, guaranteeing the delivery of quality and safety by manufacturers, and providing consumers with reliable, comprehensive information regarding specific nutraceutical products by the HealthLoq platform. This has positively impacted the growth of the dietary supplemen*t testing services market.
How Is the Dietary Suppleme*nt Testing Services Market Segmented?
The dietary supplemen*t testing services market covered in this report is segmented -
1) By Service: Stability Testing, Analytical Testing, Microbiological Testing, Regulatory Testing And Compliance, Other Services
2) By Ingredient: Herbal, Vitamins, Minerals, Amino Acids, Enzymes, Other Ingredients
3) By Service Provider: Testing laboratories, Contract Research Organizations (CROs), Regulatory consultants, Other Service Providers
4) By End-User: Manufacturers, Contract manufacturers, Distributors, Regulatory Bodies
Subsegments:
1) By Stability Testing: Shelf-Life Testing, Accelerated Stability Testing, Real-Time Stability Testing
2) By Analytical Testing: Nutritional Analysis, Ingredient Identification, Potency Testing, Heavy Metals Testing
3) By Microbiological Testing: Pathogen Testing, Total Plate Count, Yeast And Mold Testing, Specific Microbial Testing
4) By Regulatory Testing And Compliance: Labeling Compliance, GMP Compliance Testing, FDA Submission Support
5) By Other Services: Custom Testing Services, Method Development And Validation, Consultation Services
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Which Companies Are Leading the Charge in Dietary Supplemen*t Testing Services Market Innovation?
Major companies operating in the dietary supplemen*t testing services market include Eurofins Scientific Pvt. Ltd., SGS S.A., Bureau Veritas S.A., Intertek Group PLC., UL LLC, TÜV SÜD, Element Materials Technology, ALS Limited, LGC Limited, NOW Foods, NSF International, Certified Laboratories Inc., Modern Testing Services, Applied Technical Services Inc., Merieux NutriSciences, Microbac Laboratories Inc., ChromaDex Corp., EAG Laboratories, Spectro Analytical Labs, Nutrasource Diagnostics Inc., Auriga Research Limited, Q Laboratories Inc., Pacific BioLabs Inc., Columbia Laboratories Inc., Advanced Laboratories Inc., ConsumerLab.com LLC, Purity-IQ Inc., Alkemist Labs, Flora Research Laboratories, Foodscan Analytics Limited
Which Regions Are Leading the Global Dietary Supplemen*t Testing Services Market in Revenue?
North America was the largest region in the dietary supplemen*t testing services market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the dietary supplemen*t testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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