According to a new report, published by KBV research, The Global Nutritional Analysis Market size is expected to reach $9.2 billion by 2029, rising at a market growth of 7.9% CAGR during the forecast period.
The Nutritional Database Testing segment is showcasing a CAGR of 8.8% during (2023 - 2029). Based on the pre-established nutrient content of food ingredients and components, the nutritional value of food items can be determined through nutritional database testing. The technique of analyzing simpler food products is commonly employed due to its ability to facilitate the tracking of ingredients and their proportions. The software utilized for analyzing nutritional databases of food typically contains a comprehensive database of various food ingredients, components, and additives, along with their corresponding nutritional values in predetermined weight measurements.
The Macronutrients segment acquired maximum revenue share in the Global Nutritional Analysis Market by Nutrients in 2022 thereby, achieving a market value of $5.7 billion by 2029. The body's normal functioning is dependent on macronutrients, which are the essential types of nutrients. The body requires a variety of nutrients to function properly, including proteins, fats, sodium, carbohydrates, sugars, and fibers. These nutrients provide energy and help regulate bodily functions. Therefore, the analysis of food nutrition is commonly performed to assess macronutrients.
The Bakery & Confectionery segment is leading the Global Nutritional Analysis Market by Product Type in 2022 thereby, achieving a market value of $2.7 billion by 2029. The bakery and confectionery industry encompass a variety of products, including cakes, chocolates, pastries, cookies, candies, and more. The confectionery products are consistently sweet, while baked goods have the potential to be either sweet or savory. The popularity of these products has led to a surge in their large-scale production, consequently driving up the demand for nutritional analysis of these products.
The North America market dominated the Global Nutritional Analysis Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $3.2 billion by 2029. The Asia Pacific market is experiencing a CAGR of 8.4% during (2023 - 2029). Additionally, The Europe market would showcase a CAGR of 7.7% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/nutritional-analysis-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of SGS S.A., TÜV Nord Group, Eurofins Scientific SE, Intertek Group PLC, Microbac Laboratories, Inc., Compu-Food Analysis, Inc., Pat-Chem Laboratories LLC, ALS Limited, Lifeasible, Inc., and Opal Research And Analytical Services.
By Analysis Type
By Nutrients
By Product Type
By Geography
Companies Profiled