The market is largely driven by rise in health-conscious individuals This has led to many consumers being more aware of the nutritional composition of the food and beverage products they purchase and consume, thereby driving demand for tests that can analyze the nutritional content of food or ingredients. In addition, advancements in technology are enabling easier and more accurate testing of food products. This allows manufacturers to maintain consistent quality standards and meet the rising consumer demand for food with high nutritional content. In addition, rise in trend of clean-labeling and the demand for food with fewer additives or preservatives are driving demand for nutritional testing solutions and creating opportunities for market growth. Furthermore, increase in need among manufacturers to reduce the cost of compliance with food safety standards and demand for functional foods rich in nutrients are expected to create numerous opportunities for market growth. However, high cost associated with laboratory testing and lack of skilled personnel are hampering the growth of the market. In addition, stringent regulations regarding food safety and labeling standards are expected to pose challenges to the growth of the market. Increase in inclination of companies toward the ‘‘clean label’’ trend to provide transparency to customers regarding claims associated with nutritional composition and healthfulness of foods and beverages is expected to create several opportunities for the market growth. Furthermore, advancements in technology are enabling easier and more accurate testing of food products, thereby creating huge opportunities for companies in this market. Furthermore, rise in demand for functional foods and the use of novel sources such as algae, insects, and bacteria as food ingredients are creating new opportunities for growth in the market.
The Argentina nutritional analysis market is moderately competitive. There are numerous established and small manufacturers in the market. The major players hold a significant market share by investing heavily in research & development activities. The vendors invest heavily in advanced technologies to stay competitive in the market, as product innovation is seen as a key area of differentiation. Buyers have bargaining power and can leverage the presence of a large number of players to bargain for low-cost products. Furthermore, the market is expected to witness increase in the number of key players introducing novel nutrition testing services to cater to the rapidly changing consumer preferences. In addition, technological advancements such as molecular spectroscopy and artificial intelligence are expected to revolutionize the way preventive health care and nutrition analysis is done. Moreover, to gain a competitive edge in the market, major players are continuously striving to develop innovative products based on current trends.
Some of the major players analyzed in the report are Abbott Laboratories, Nestlé, SGS, Bruker BioSpin, Eurofins Scientific, Beneo, Diamond Diagnostics, FOSS, Associated Environmental Systems, Reagecon Diagnostics
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- Detailed analysis of the argentina nutritional analysis market segmentation assists to determine the prevailing market opportunities.
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- Consumer Buying Behavior Analysis
- End user preferences and pain points
- Installed Base analysis
- Senario Analysis & Growth Trend Comparision
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- Regulatory Guidelines
Key Market Segments
By Analysis Type
- Laboratory Testing
- Sub Type
- Chemical Analysis
- Physical Analysis
- Bioanalysis
- Nutritional Database Testing
By Product Type
- Bakery and Confectionery
- Snacks
- Dairy
- Meat Products
- Others
By Nutrients
- Macronutrients
- Micronutrients
- Key Market Players
- Abbott Laboratories
- Nestlé
- SGS
- Bruker BioSpin
- Eurofins Scientific
- Beneo
- Diamond Diagnostics
- FOSS
- Associated Environmental Systems
- Reagecon Diagnostics
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Table of Contents
Companies Mentioned
- Abbott Laboratories
- Nestlé
- SGS
- Bruker BioSpin
- Eurofins Scientific
- Beneo
- Diamond Diagnostics
- FOSS
- Associated Environmental Systems
- Reagecon Diagnostics
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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