Nutritional, Vitamin & Food Supplement Analytical Services Market size was over USD 5.46 billion in 2023 and is expected to cross USD 12.53 billion by the end of 2036, growing at more than 6.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of nutritional, vitamin & food supplement analytical services is estimated at USD 5.75 billion.
on account of growing consumer awareness associated with personal health and wellbeing. The growth of the nutritional, vitamin & food supplement analytical services market can also be attributed to factors such as the increasing working population worldwide struggling to fulfil the daily nutrient requirements on the back of hectic work schedules and changing lifestyle at a global level. According to the data collected from the World Bank, in 2018, the estimated working population was 3.42 billion which gradually increased in 2019, accounted to over 3.46 billion working population worldwide.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024–2036 |
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CAGR |
6.6% |
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Base Year Market Size (2023) |
USD 5.46 billion |
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Forecast Year Market Size (2036) |
USD 12.53 billion |
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Regional Scope |
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The nutritional, vitamin & food supplement analytical services market is segmented on food type into dairy products, fat & fat emulsions, fruit & vegetable products, cereals & cereal products, meat & meat products, fish & fish products, sweets & confectionery products, sweetening agents, salt & spices, beverages, and others, out of which, the meat and meat products segment is anticipated to dominate the global market. Moreover, the fruit & vegetable products segment is attributed to grow at a moderate rate owing to many outbreaks of food-borne illness at a global level.
On the basis of testing type, the microbiological testing segment in the global nutritional, vitamin & food supplement analytical services market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that it helps in detecting the microorganisms in edible food products including acid-resistant micro-organisms, heat-resistant microorganisms and faecal contamination using biological, chemical, biochemical and molecular methods, providing accurate results concerning their composition.
Our in-depth analysis of the global market includes the following segments:
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By Testing Type |
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By Technology |
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By Food Type |
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On the basis of geography, the nutritional, vitamin & food supplement analytical services market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in the Asia Pacific industry is predicted to dominate majority revenue share by 2036, owing to increasing prevalence of food-related allergies among consumers across the region. Furthermore, in 2021, the market in Europe is evaluated to occupy the largest market share in terms of revenue on account of efforts undertaken by concerned agencies regarding the safety of edible products in the region. Along with this, North America also leads in terms of strengthening nutritional, vitamin, and food supplement analytical services, which is also expected to contribute to the market growth in the region. Alternatively, the market in the region is also anticipated to occupy a significant share owing to the norms mandated by the Food and Drug Administration (FDA) in the U.S. Additionally, the market in Latin America has a steady demand for such analytical services due to the growing consumption of packaged and processed edible products. The region was impacted severely due to JBS’s meat scandal in Brazil, which is attributed to result in the enforcement of strict government regulations across the country, resulting in the growth of the nutritional, vitamin & food supplement analytical services market.
Author Credits: Parul Atri
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