Pune, India -- (SBWire) -- 11/29/2019 --The Infinium Global Research analyzes the "Nutritional Analysis Market (Parameters - Vitamin Profile, Mineral Profile, Fat Profile, Proteins, and Other Parameters; Food Type - Beverages, Snacks, Bakery & Confectionery, Meat & Poultry, Sauces, Dressings and Condiments, Dairy & Desserts, and Others Food Type): Global Industry Analysis, Trends, Size, Share and Forecasts to 20250." The global nutritional analysis market is projected to grow at a CAGR of 10.5% over the forecast period of 2019-2025.
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The Rise in Awareness Regarding Healthy Food Prevail Growth for Nutritional Analysis Market
The nutritional analysis market is expected to grow at a significant rate in the forecast period. Rising consumer awareness of healthy food is one of the major factors driving the growth of the market. Increasing demand for protein-vitamin reach food in developed countries owing to rising health consciousness is fuelling the demand for nutritional analysis. 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. However, globalization of food trade and advancement in analysis technology can provide better opportunities for the market in the forecast period.
Segment Vitamin Profile Dominate the Nutritional Analysis Market
The nutritional analysis market is segmented based on parameters and food types. Based on the parameter the market can be further segmented into vitamin profile, mineral profile, fat profile, proteins, and other parameters. The vitamin profile segment dominated the Nutritional Analysis Market, followed by proteins, in 2016. Furthermore, based on the food type the market can be further bifurcated into beverages, snacks, bakery & confectionery, meat & poultry, sauces, dressings and condiments, dairy & desserts and others food type. Beverages lead the segment owing to the growing innovation of products such as energy drinks, vitamin-fortified water, anti-aging water, and sports drinks.
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North America Region to Dominate Market Over the Forecast Period
Geographically, the nutritional analysis market is segmented into North America, Europe, Asia- Pacific, and RoW. The North American region is anticipated to dominate the global nutritional analysis market, followed by Europe in the forecast period. Growing healthcare facility and rising awareness about the consumption of healthy food is contributing to the growth of the market in these regions. The market in the Asia Pacific is expected to grow with a high CAGR in the forecast period. Growing population and raising awareness about a healthy diet are the major reasons contributing to the market growth in this region.
Nutritional Analysis Market: Competitive Landscape
Key players in the nutritional analysis market are Covance Inc., QIAGEN, DTS Food Assurance, TÜV Nord Group, AsureQuality Limited, Thermo Fisher Scientific, Mérieux NutriSciences, ALS Limited, Bureau Veritas S. A, Eurofins Scientific, and others.
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