Nutritional analysis is an analytical process to determine the nutritional contents of food products in processed and unprocessed forms. The analytical process can be performed through various methods which include laboratory analysis (chemical analysis), nutrition database analysis, and online nutrition analysis. The nutritional analysis market is projected to reach USD 5.99 billion by 2022, growing at a CAGR of 8.2% from 2017.

For food manufacturers, nutritional analysis and labeling are time and cost consuming activities, as these activities do not directly affect product sales. The average time for nutritional analysis of a particular product is 2-3 weeks, and the service cost changes from company to company and the number of nutrients to be analyzed. The existing manufacturers are facing increasing production costs due to these factors.

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On the basis of product, the beverages segment is projected to grow at the highest CAGR. The beverage industry is growing with the innovation of products such as energy drinks, vitamin fortified water, anti-aging water, and sports drinks. On the other hand, the beverage industry is witnessing challenges such as the compositional quality and safety to be monitored in order to track contamination, adulteration, product consistency, and to ensure regulatory compliance from raw ingredients to the finished product.

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The Asia-Pacific region is projected to be the fastest-growing among regions, which includes India, China, Japan, and Australia, between 2017 and 2022. The market for nutritional analysis in Asia-Pacific region is growing due to various rules and guidelines implemented by different countries. Advancements in technology, industrialization, and improvement in living standards have been essential factors for the increase in demand for nutritional analysis in the region. Companies such as Eurofins Scientific SE (Luxembourg), SGS S.A. (Switzerland), and Bureau Veritas S.A. (France) are some of the major participants in the nutritional analysis market.

The key players in this market have been developing a range of innovative products to target specific consumer needs. Thus, the usage of nutritional analysis has gained more global importance and acceptance among customers. Key participants in the nutritional analysis market include Eurofins Scientific SE (Luxembourg), SGS SE (Switzerland), and Bureau Veritas S.A. (France). These players have been implementing different strategies to achieve growth and development in the global nutritional analysis market.

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