The nutritional analysis market is projected to grow from USD 5.4 billion in 2021 to USD 7.9 billion by 2026, at a CAGR of 8.3 % from 2021 to 2026. The growth of this market is projected to be driven by the increasing food safety regulations In the view of gaining the trust of target consumers for different types of food products in terms of quality, food safety certification plays an important role. Food safety certification conveys to consumers, marketplace, employees, and key stakeholders that a food sector business has successfully met the requirements of a national or internationally recognized best practice approach.

𝗩𝗶𝘁𝗮𝗺𝗶𝗻 𝗣𝗿𝗼𝗳𝗶𝗹𝗲, 𝗯𝘆 𝗽𝗮𝗿𝗮𝗺𝗲𝘁𝗲𝗿, 𝗶𝘀 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲𝗱 𝘁𝗼 𝗵𝗼𝗹𝗱 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱

Among the key parameters, the vitamin profile segment accounted for the largest share in 2020. The confluence of factors such as the increase in demand for health-oriented food products and the rise in availability of services, specifically catering to the vitamin profile, has altogether driven the segmental growth in terms of sales. However, during the forecast period, the fat profile segment is expected to witness the highest growth rate due to the rise in the number of health-conscious customers striving for fat-free food products.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113187438

𝗕𝗲𝘃𝗲𝗿𝗮𝗴𝗲𝘀, 𝗯𝘆 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝘁𝘆𝗽𝗲, 𝗶𝘀 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲𝗱 𝘁𝗼 𝗵𝗼𝗹𝗱 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝗵𝗮𝗿𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗻𝘂𝘁𝗿𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱

On the basis of product types, the beverages segment accounts for the largest share in 2020. This growth is attributable to the rise in the demand for different formats of beverages globally, specifically functional and fortified beverages, flavored beverages, and other similar beverages. The beverages and snacks segments together accounted for 35% share in the global nutritional analysis market based on product types.

𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗶𝘀 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲𝗱 𝘁𝗼 𝗵𝗼𝗹𝗱 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱

North America dominated the nutritional analysis market due to the strong R&D, technology innovation, and increased mergers and acquisitions in nutritional analysis in the region. The North American nutritional analysis market has been growing steadily due to cases of foodborne disease outbreaks. The nutritional analysis market here is witnessing dynamic growth due to the increasing concerns related to how food is being processed, fermented, brined, or brewed, which requires proper lab testing. Food labeling is subject to increasingly complex regulations globally. Ensuring food products are correctly labeled according to local, regional, and international laws can be a challenging task. Canada is the fastest-growing country in the North American nutritional analysis market, at a CAGR of 8.9% during the forecast period.