Market Leaders - Nutritional Analysis Market
The global nutritional analysis market is expected 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 changing consumption habits due to the changing lifestyles and increasing demand for convenience foods have been fueling the demand for nutritional analysis of food products. With the continuous introduction of new products claiming nutrition and health benefits, the development of the food industry has presented new opportunities for nutritional analysis service providers. The increasing food trade and export & import across borders in emerging markets has been a key opportunity for the nutritional analysis market. Consumers purchase imported food because it not only meets the safety standards of its country of origin but also passes the nutritional inspection and quarantine in their country. It is estimated that soon, more nutritional standards are expected to be implemented in developing countries such as China and India. It is essential for emerging economies to meet the international standards of nutrition to remain within the food trade supply and to deal with malnutrition issues.
Key players in this market include SGS SA (Switzerland), Intertek Group Plc (UK), Eurofins Scientific (Luxembourg), Bureau Veritas (France), ALS Limited (Australia), Mérieux NutriSciences (US), Thermo Fisher Scientific (US), AsureQuality Limited (New Zealand), TÜV Nord Group (Germany), and DTS Food Laboratories (France). These players have focused on strategies such as new service and product launches and collaborations to gain a larger market share in the nutritional analysis market
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SGS S.A. (Switzerland) is a Swiss multinational company that primarily deals with inspection, verification, testing, certification, and quality assurance services. The company inspects, samples, analyzes and monitors raw materials, petroleum, food, crops, chemicals, consumer goods, and production machinery for compliance with industrial standards and local regulatory requirements, including tax and duty. SGS serves businesses worldwide. The company comprises eight business segments operating across regions. Its business segments include agriculture, food and life, minerals, oil gas and chemicals, consumer and retail, certification and business enhancement, industrial, environment, health and safety, and government and institutions.
The company operates through a network of more than 2,600 offices and laboratories and is active in every country globally, in regions including Europe, the Middle East, Americas, Africa, and Asia Pacific. SGS S.A. subsidiaries include SGS Europe Ltd (Europe), SGS Thailand Ltd (Thailand), and SGS Canada Inc. (Canada).
Intertek Group Plc. (UK) is one of the leading quality assurance services providers in the industry. The company’s services include auditing, certification, consulting, inspection, sourcing, testing & analysis, and training. The company operates through seven business segments: chemicals, construction & engineering, energy & commodities, food & healthcare, government & trade, product & retail, and transportation. It provides its food testing services under the food & healthcare business segment. The business segment comprises testing & analysis food services, such as contaminant testing, microbiological testing, and residue testing.
The company has a strong global presence at more than 1,000 locations in over 100 countries, including the Americas, EMEA, and Asia Pacific. This includes 20 high-tech food testing laboratories in Germany, Great Britain, and China and testing facilities in India, Vietnam, and the Philippines. The company has 23 principal subsidiaries, which include Intertek Testing Services Shenzhen Ltd (China), Intertek Testing Services NA Inc. (U.S.), and Intertek Testing Services Holdings Limited (UK).
Eurofins Scientific SE (Luxembourg) is a life sciences company that offers laboratory safety and purity analysis. The company offers analytical testing services to pharmaceutical, food, environmental, consumer product industries, and governments. It capitalizes on a portfolio of more than 200,000 reliable analytical methods that allow it to offer services that characterize the safety, identity, purity, composition, authenticity, and origin of products and biological substances. Eurofins operates through 15 service divisions—food & feed testing, biopharma services, agroscience services, agro testing, assurance, clinical diagnostics, consumer product testing, cosmetics & personal care, genomic services, maritime services, materials and engineering, forensic services, environmental testing, REACH services, and Eurofins technologies. It offers nutritional testing services for food products, food ingredients, pet food and feed, and dietary supplements.
The company operates at more than 1,180 locations, including over 800 laboratories across 50 countries in Europe, Asia Pacific, and South America.
Related Reports:
Nutritional Analysis Market by Parameter, Product Type (Beverages, Bakery & Confectionery, Snacks, Dairy & Desserts, Meat & Poultry, Sauces, Dressings, Condiments, Fruits & Vegetables, Baby Food), Objectives and Region - Forecast Year 2026
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