Global Chemical and Nutritional Testing Market, By Product Type (Beverages, Bakery & Confectionery, Snacks, Dairy & Desserts, Meat & Poultry, Sauces, Dressings and Condiments, Fruits & Vegetables, Baby Food, Others), Application (Agrichemicals, Pesticides, Pharmaceuticals), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Chemical and Nutritional Testing Market
The chemical and nutritional testing market is expected to witness market growth at a rate of 7.8% in the forecast period of 2021 to 2028. Data Bridge Market Research report on chemical and nutritional testing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of chemical and nutritional testing market.
Nutritional testing refers to the type of testing to assist manufacturers in detecting exact concentration of amino acids, enzymes, minerals, carbohydrates, and antinutrients among other critical ingredients in the products. These tests are highly beneficial in the identification of species of meat. It also helps in declining the risk of food adulteration and enforcement of labeling regulations, and examining the values of all measures.
The rise in consumer awareness about food safety across the globe acts as one of the major factors driving the growth of chemical and nutritional testing market. The increase in the number of cases of chemical contamination in food processing industries because of improper use of techniques in the production of ready-to-eat meals, and rise in outbreaks of foodborne illnesses accelerate the market growth. The increase in demand for convenience and packaged food products and development of advanced technologies concerning safety test procedures further influence the market. Additionally, rise in awareness among consumers, food recalls due to non-compliant food products and stringent food safety regulations positively affect the chemical and nutritional testing market. Furthermore, technological advancements in the testing industry extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the procurement of food safety testing equipment and complexity in testing techniques are expected to obstruct the market growth. Lack of coordination among market stakeholders and lack of harmonization of food safety standards are projected to challenge the chemical and nutritional testing market in the forecast period of 2021 to 2028.
This chemical and nutritional testing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on chemical and nutritional testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Chemical and Nutritional Testing Market Scope and Market Size
The chemical and nutritional testing market is segmented on the basis of product type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the chemical and nutritional testing market is segmented into beverages, bakery & confectionery, snacks, dairy & desserts, meat & poultry, sauces, dressings and condiments, fruits & vegetables, baby food and others.
- On the basis of application, the chemical and nutritional testing market is segmented into agrichemicals, pesticides and pharmaceuticals.
Chemical and Nutritional Testing Market Country Level Analysis
The chemical and nutritional testing market is analyzed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the global chemical and nutritional testing market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the chemical and nutritional testing market because of the high prevalence of food-related allergies among consumers within the region. Asia-Pacific is expected to witness fastest growth during the forecast period of 2021 to 2028 due to the rise in the consumption of packaged and processed edible products in the region.
The country section of the chemical and nutritional testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Chemical and Nutritional Testing Market Share Analysis
The chemical and nutritional testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to chemical and nutritional testing market.
The major players covered in the chemical and nutritional testing market report are Eurofins Scientific, SGS SA, BUREAU VERITAS, Intertek Group plc, ALS Limited, Thermo Fisher Scientific Inc., SCS Global Services, SAI Global Pty Limited, TÜV Rheinland, TÜV NORD GROUP, ASPIRATA, Mérieux NutriSciences, UL LLC, ALS Laboratories, Alex Stewart Food Test Lab, ALS Laboratories (UK) Limited, Certified Laboratories, Inc, Alfa Chemistry, RBP Chemical Technology, Inc, and AGQ Labs USA, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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