The China nutritional analysis market is projected to reach new heights of development in the coming years as the market is mainly driven by rise in health awareness among the Chinese consumers and stringent regulatory policies to ensure food safety. Moreover, increase in number of health-conscious consumers and rise in demand for nutritionally enriched food products are driving the growth of the China nutritional analysis market significantly. The China nutritional analysis market is segmented into analysis type, product type, nutrients, and application. On the basis of analysis type, the market is bifurcated into laboratory testing and nutritional database testing. The product type segment is classified into bakery & confectionery, snacks, dairy, meat products, and others. The nutrients segment is categorized into macronutrients and micronutrients.
The key drivers of China nutritional analysis market are increase in health awareness among the Chinese consumers and rise in demand for nutritionally enriched food products. Furthermore, rise in per capita income in the country, along with rise in disposable income, is expected to fuel the growth of nutritional analysis market in China in the coming years. Furthermore, increase in number of health-conscious consumers and rise in awareness of food safety are expected to foster the market growth. Moreover, stringent regulatory policies to ensure food safety and development of nutraceutical industry are providing a major boost to the market. However, shortage of competent professionals, high cost of analysis, and lack of quality control measures in the food processing and analysis are projected to act as restraints of the China nutritional analysis market.
Conversely, increase in demand for functional foods and development of the nutraceuticals industry are expected to offer remunerative opportunities for the expansion of the market during the forecast period. The development of the nutraceuticals industry has opened new avenues for innovative products and solutions for the food industry. Moreover, the emergence of new players in the market is anticipated to lead to increased innovations in the food sector and open versatile opportunities for the China nutritional analysis market. In addition, government initiatives to check the quality and safety of food products are expected to contribute positively to the market. Furthermore, initiatives taken by the government for food clinical trials are anticipated to provide growth opportunities for the market.
Apart from this, increase in investments in food safety and quality control technologies, surge in demand for healthy diets, and the emergence of “food-as-medicine” trend are expected to open new avenues of growth in the China nutritional analysis market. Moreover, the directive of the World Health Organization to check food quality in the country is expected to boost the market growth. Furthermore, the introduction of new-age technologies, such as machine learning, big data, and artificial intelligence, in the food sector is expected to accelerate the pace of the market. Leading market players are continuously launching innovative products and services in the China nutritional analysis market. For instance, in February 2019, ENSUKE Technologies launched its quantified nutrition analysis system, which enables its customers to monitor their nutrient intake with precision. The company’s product incorporates machine learning capabilities and analyzes data collected from cooking experiments to provide precise nutritional data. Similarly, in August 2017, Canada-based pharmaceutical and nutrition company, Maximum Performance Inc. developed a mother–baby nutritional analysis product, which facilitates the mother to get a precise nutritional analysis of the infant food.
Apart from product launches and expansions, major market players are focusing on R&D activities to develop new and advanced nutritional analysis products. For instance, in June 2017, Shanghai-based Viriell BioTech Laboratories Co., Ltd. provided its advanced nutrients analysis services, such as fatty acids, vitamins, and minerals, to help their clientele to ensure the safety and quality of their food products. Moreover, in 2018, East Empire Group Corporation, a leading nutrition analysis company, launched an advanced software, NutAnalyst, which provides integrated nutrition analysis for food manufacturers. To sum up, rise in consciousness toward well-being, increase in demand for healthy food, technological advancements in the food industry, and government initiatives for food safety and quality control are expected to provide significant impetus to the growth of the China nutritional analysis market in the coming years.
The market is expected to offer immense growth opportunities, due to increased awareness among the populace regarding food safety and quality and the stringent regulatory policies laid by the government for the same. Therefore, the market is expected to present ample opportunities for market players catering to the consumer preferences.
The major players analyzed in this report are Alibaba, Synutra, Nestle, Yili Group, Bright Dairy & Food Group, COFCO, Cargill, Suntory Beverage & Food, Wahaha Group, Sun Art Retail Group
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in china nutritional analysis market.
- Assess and rank the top factors that are expected to affect the growth of china nutritional analysis market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the china nutritional analysis market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
China Nutritional Analysis Market Report Highlights
Aspects | Details |
Forecast period | 2021 - 2031 |
Report Pages | 86 |
By Analysis Type |
|
By Product Type |
|
By Nutrients |
|
Key Market Players | Cargill, Wahaha Group, Yili Group, Suntory Beverage & Food, Nestle, COFCO, Bright Dairy & Food Group, Sun Art Retail Group, Synutra, Alibaba |
The China Nutritional Analysis Market is projected to grow at a CAGR of 5% from 2021 to 2031
The major players analyzed in this report are Alibaba, Synutra, Nestle, Yili Group, Bright Dairy & Food Group, COFCO, Cargill, Suntory Beverage & Food, Wahaha Group, Sun Art Retail Group
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in china nutritional analysis market.
3. Assess and rank the top factors that are expected to affect the growth of china nutritional analysis market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the china nutritional analysis market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
China Nutritional Analysis Market is classified as by analysis type, by product type, by nutrients
Loading Table Of Content...
Loading Research Methodology...