The Nutritional Analysis Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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As per The Business Research Company’s Nutritional Analysis Global Market Report for 2024, the nutritional analysis market has demonstrated robust growth in recent years, ascending from $5.56 billion in 2024 to $5.97 billion in 2024, with a notable compound annual growth rate (CAGR) of 7.5%. This expansion in the historical context is attributable to various factors, including the escalating incidence of diet-related ailments, amplified consumer demand for transparency, intensified scientific research endeavors, and the globalization-induced proliferation of diverse dietary patterns.

Forecasts suggest a continuing upward trajectory for the nutritional analysis market, with projections indicating a surge to $8.39 billion by 2028, propelled by a compound annual growth rate (CAGR) of 8.9%. Anticipated growth drivers in the forecasted period encompass the burgeoning realms of e-commerce and food transparency, the burgeoning functional foods market, the growing emphasis on sustainability and ethical consumption, the heightened need for allergen detection, and evolving regulatory standards pertaining to labeling practices.

Furthermore, discernible trends on the horizon include the ascendancy of consumer-generated data, a paradigm shift towards holistic health paradigms, the burgeoning quantified self movement, heightened demand for precision nutrition solutions, and notable advancements in the field of nutrigenomics.

Key industry players are actively engaged in the development and deployment of cutting-edge technologies, exemplified by the advent of nutrition analysis platforms, aimed at catering to expanding consumer bases, driving sales, and augmenting revenue streams. A nutrition analysis platform constitutes an encompassing software or online service expressly devised for the meticulous scrutiny and assessment of the nutritional compositions of food and beverages.

The increasing consumer awareness and change in preference for consuming healthy food are expected to propel the growth of the nutritional analysis market. Nutritional analysis helps to understand the chemical composition, processing, quality control, and contamination of food, thus ensuring a good and healthy intake of food. A healthy diet helps to protect against malnutrition in all its forms and also protects against non-communicable diseases (NCDs), including heart disease, diabetes, stroke, and cancer. For instance, in January 2022, according to a survey report published by Nutrisystem, a US-based provider of weight loss products, among 2,000 participants, 53% of respondents expressed their goal for 2022 as shedding weight, with an average target of 14 pounds of weight loss. Therefore, the increasing consumer awareness and change in preference for consuming healthy food are driving the growth of the nutritional analysis market.

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The nutritional analysis market covered in this report is segmented –
1) By Parameter: Vitamin Profile, Mineral Profile, Total Dietary Fiber, Fat Profile, Sugar Profile, Calories, Cholesterol, Moisture, Other Parameters
2) By Product Type: Beverages, Snacks, Bakery and Confectionery, Meat and Poultry, Sauces, Dressings, and Condiments, Dairy and Desserts, Fruits and Vegetables, Edible Fats and Oils, Baby Foods, Other Product Types
3) By Objective: New Product Development, Product Labeling, Regulatory Compliance

For instance, Trustwell, a reputable US-based provider of software solutions catering to food manufacturers, introduced Genesis Foods in April 2024. The hallmark feature of Genesis Foods' innovative Software as a Service (SaaS) offering lies in its intuitive and streamlined user interface, facilitating expedited product formulation and data input processes. This pioneering solution underscores regulatory adherence by integrating in-built data validation mechanisms and prompt alerts. Notably, the software automates the intricate intricacies of labeling calculations, ensuring the accurate rendition of nutritional information, ingredient lists, and allergen disclosures on FDA Nutrition Facts labels.

By simplifying the complexities associated with food labeling, Trustwell's software empowers food enterprises to effortlessly conceptualize new product formulations within minutes and effectuate real-time modifications to existing recipes, thereby enhancing operational efficiency and adaptability amidst the dynamic contours of the food industry landscape.

The nutritional analysis market report table of contents includes:
1. Executive Summary
2. Nutritional Analysis Market Characteristics
3. Nutritional Analysis Market Trends And Strategies
4. Nutritional Analysis Market - Macro Economic Scenario
5. Global Nutritional Analysis Market Size and Growth
.....

32. Global Nutritional Analysis Market Competitive Benchmarking
33. Global Nutritional Analysis Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Nutritional Analysis Market
35. Nutritional Analysis Market Future Outlook and Potential Analysis
36. Appendix

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