Leading Nutritional Analysis Objective Markets Databank
The Nutritional Analysis market was valued at $5,264.1 Million in 2020, and is projected to reach $8,881.2 Million by 2029 growing at a CAGR of 6.04% from 2021 to 2029. Product Labeling segment is expected to be the highest contributor to this market, with $2,803.4 Million in 2020, and is anticipated to reach $4,572.2 Million by 2029, registering a CAGR of 5.64%. Regulatory Compliance segment is anticipated to reach $1,237.1 Million by 2029 with the highest CAGR of 9.85%. Product Labeling and New Product Development segments collectively expected to account for about 89.9% share of the Nutritional Analysis market in 2020, with the former constituting around 53.3% share. Regulatory Compliance and Product Labeling segments are expected to witness significant growth rates at a CAGR of 9.85% and 5.64% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 63.3% in the overall Nutritional Analysis market in 2020, and is anticipated to reach 65.4% by 2029.
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