The Italy nutritional analysis market is anticipated to witnessed substantial growth driven by rising consumer awareness regarding the importance of health & nutrition, technological advancements, and government initiatives to improve the nutritional levels of food and effectively tackle malnutrition. R&D initiatives in the field of clinical nutrition, the shift in consumer preferences towards the consumption of nutritional food products, and ample growth opportunities in market due to the increasing prevalence of obesity and other chronic diseases are the other factors expected to boost the market across the country during the forecast period. Launches of technologically advanced analytical instruments used for the nutritional analysis of food products are driving the growth of the Italy nutritional analysis market. Furthermore, rising awareness among consumers regarding the nutritional aspects of food products coupled with the constantly rising population is expected to propel market growth. In addition, increasing government initiatives for the improvement of nutritional analysis system is anticipated to grow the market significantly. Moreover, increase in popularity of convenience fast food and easy availability of ready-to-cook food items is anticipated to market growth. On the other hand, stringent regulations of authorities related to the data accuracy and privacy of food products are anticipated to restrain market growth. Moreover, low availability of skilled professionals coupled with the easily accessible counterfeited testing instruments is anticipated to limit the growth of the market.
In addition, rising collaborations among food giants and various authorities to launch technologically advanced nutritional testing instruments catering to significant demand from end users are expected to create lucrative opportunities for the market growth during the forecast period. Moreover, introduction of technologically advanced nutritional testing instruments is expected to provide ample growth opportunities for the market in the country in the future. However, various R&D initiatives in the field of clinical nutrition are expected to significantly contribute to the growth of the market. The Italy nutritional analysis market is segmented into analysis type, product type, and nutrients. On the basis of analysis type, the market is segmented into laboratory testing and nutritional database testing. Depending on product type, it is divided into bakery & confectionery, snacks, dairy, meat products, and others. By nutrients, the market is bifurcated into micronutrients and macronutrients.
The structure of the Italy nutritional analysis market has been examined through Porter’s five force analysis. The bargaining power of the buyers is high in the Italy nutritional analysis market due to number of market participants in the country. The bargaining power of the suppliers is high due to the rising demand for unique and advanced food products in the country. The level of competition in the Italy nutritional analysis market is high due to the presence of many regional and international players operating in the market. Furthermore, the threat of substitutes is moderate as no substitute has been discovered for the product yet. Moreover, the threat of new entrants is medium due to the implementation of stringent government regulations and existing key players in the market. The SWOT analysis of the Italy nutritional analysis market determines the strengths, weaknesses, opportunities, and threats revolving around the market. Technological advancements, government initiatives, and increased number of launches are some of the major strengths of the Italy nutritional analysis market. On the other hand, stringent regulations on data accuracy and lack of skilled labor are the major weaknesses in the market.
Some of the major players analyzed in this report are ABB, Siemens, Sartorius, Thermo Fisher Scientific, Waters Corporation, Malvern Panalytical, Shimadzu Corporation, SCiEX, Agilent Technologies, BRAND GmbH + Co KG
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- Consumer Buying Behavior Analysis
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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
- ABB
- Siemens
- Sartorius
- Thermo Fisher Scientific
- Waters Corporation
- Malvern Panalytical
- Shimadzu Corporation
- SCiEX
- Agilent Technologies
- BRAND GmbH + Co KG