According to the current analysis of Reports and Data, the global Nutritional Analysis Market was valued at USD 5,051.0 Million in 2020 and is expected to reach USD 9,195.4 Million By 2028, at a CAGR of 7.7%. Nutrition analysis is the process of determining the nutritional content of the food. The process of nutritional analysis can be performed in two ways to calculate the nutritional content in a food sample; chemically, and/or by calculation. Growing consumer base, the rapid pace of urbanization, and increasing disposable income of households are among the key trends accelerating the growth of the global nutritional analysis market.
Furthermore, the widening base of health-conscious population, rising incidence of sedentary diseases, and favorable government initiatives towards health promotion are anticipated to foster the growth of the market over the coming years. The nutritional analysis determines the nutritional content of food products. Food with less nutritional value is not sufficient to fulfill the daily requirement of the body. Intake of such food can result in malnutrition; this may include the less concentration of calories, protein, carbohydrates, vitamins, or minerals. Growing consumer awareness of healthy food is one of the major factors driving the growth of the market. The increasing importance of the consumption of protein-vitamin reach food in developed and developing countries owing to rising health consciousness is boosting the demand for nutritional analysis.
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Additionally, Increasing cases of malnutrition in low-income countries and rising government initiatives are also contributing to the growth of the market. Furthermore, the implementation of food safety & nutritional labeling regulations is also contributing to the growth of the nutritional analysis market all over the globe. On the other hand, lack of knowledge about the nutritional analysis in low-income countries can hamper the growth of the market. Changing food label policies are likely to push the market growth uphill in the forecasting period. Also, the shift in consumer awareness regarding consumption safe and nutritional food is again pushing the market growth. The stringent government regulations regarding food safety and quality foster the growth of nutritional analysis market. However, globalization of food trade and advancement in analysis technology can provide better opportunities for the market in the forecast period.
The nutritional analysis market is very fragmented and includes a large number of giants and emerging players. Moreover, the emerging players have a good opportunity to enter the Nutritional analysis market, owing to developments in the market and high demand from food & beverage industries.
Further key findings from the report suggest
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For the purpose of this study, Reports and Data have segmented the Nutritional Analysis market on the basis of type, parameter, objective, and region:
Type (Revenue, USD Million; 2018–2028)
Parameter (Revenue, USD Million; 2018–2028)
Objective (Revenue, USD Million; 2018–2028)
Regional Outlook (Revenue in USD Million; 2018–2028)
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