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Nutritional, Vitamin & Food Supplement Analytical Services Market Segmentation By Testing Type (Adulteration Testing, Additive Testing, Microbiological Testing, Contaminants Testing); By technology (LC-MS/MS, FTIR, GC-MS, ICP, HPLC, Systonic Ultrasonic Cleaner, CHNSO, UV-Vis, Butyro Refractometer, NIR and Others); By Food Type – Global Demand Analysis and Opportunity Outlook 2021-2029

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Extensive insights into the Growth of Nutritional, Vitamin & Food Supplement Analytical Services Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Nutritional, Vitamin & Food Supplement Analytical Services Market Highlights 2020-2029

The nutritional, vitamin & food supplement analytical services market is estimated to grow with a moderate CAGR during the forecast period, i.e., 2021-2029. On account of growing consumer awareness associated with personal health and wellbeing it is expected to fuel the progress of this market. The growth of the 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 world bank, in 2018, the estimated working population was 3.42 billion which gradually increased in 2019 accounted to over 3.46 billion populations worldwide.

nutritional, vitamin & food supplement analytical services Image

The 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 product segment is anticipated to dominate the global market. Moreover, the fruits and vegetable segment is attributed to growing at a moderate rate owing to many outbreaks of food-borne illness at a global level, which is also projected to contribute to the growth of the segment in the upcoming forecast period.

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 the 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.CLICK TO DOWNLOAD SAMPLE REPORT

Nutritional, Vitamin & Food Supplement Analytical Services Market Regional Synopsis

On the basis of geography, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in the Asia Pacific is predicted to grow at the highest CAGR over the upcoming forecast period owing to the 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 in the target market 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 market.

The global nutritional, vitamin & food supplement analytical services market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global nutritional, vitamin & food supplement analytical services market includes the following segments:

By Testing type

  • Adulteration Testing
  • Food Additive Testing
  • Microbiological Testing
  • Contaminants Testing

By Technology

  • LC-MS/MS
  • FTIR
  • GC-MS
  • ICP
  • HPLC
  • Systonic ultrasonic cleaner
  • CHNSO
  • Spectrophotometer
  • Butyro Refractometer
  • Others

By Food Type

  • Dairy Products
  • Fat & Fat Emulsions
  • Fruit & Vegetable Products
  • Cereals & Cereal Products
  • Meat & Meat Products
  • Fish & Fish Products
  • Sweet & Confectionery Products
  • Sweetening Agents
  • Salt & Spices
  • Beverages
  • Others

Growth Drivers

  • Growing awareness associated with personal health and wellbeing.
  • Increasing working population

Challenges

  • Substitution Threat from Functional Foods

Top Featured Companies Dominating the Market

  • SGS SA
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • MediPharm Labs
  • Pluton Biosciences, Inc
  • Barrow-Agee Laboratories
  • NUTRASCIENCE LABS
  • BRS Lab Services
  • JordiLabs, LLC
  • Merieux NutriSciences
  • Chromaceutical Advanced Technologies, Inc.
  • Symbio Laboratories
  • Other Prominent Players

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