The South Korea nutritional analysis market is anticipated to witness significant growth owing to increase in health-conscious population, availability of low-fat & healthy and balanced products offerings, expansion of refined & fast-food sector, and increase in recognition of the health advantages of nutritional supplements. In addition, the swift increase in the aging population combined with increase in prevalence of diseases caused due to malnutrition in the region is expected to drive the market development. However, high cost of nutrition screening and technological limitations are some factors hampering the growth of the South Korea nutritional analysis market . With the boosting nee for healthy food to meet the dietary demands, the requirement for hassle-free nutrition testing approaches has been increasing substantially, which is expected to notably contribute toward the growth of the market. In addition, the introduction of innovative testing services such as mass spectrometry as well as hereditary toxicology and advancing technologies such as near-infrared spectroscopy, differential scanning calorimetry, chromatography, gas chromatography, and molecular luminescence are changing the focus toward the advancement of reliable analyzing techniques. Furthermore, technical improvements in food security screening, rise in prevalence of foodborne health problems, and increase in consumer understanding are anticipated to drive the market development.
In addition, the governments in the region are implementing stringent policies related to the security & quality of food and dietary labels. In addition, , the introduction of various government initiatives such as Health and Welfare Plan, South Korean Health Administration Strategy 2020-2050, Carnell Insulation Act, and the recent execution of 5 food safety and security laws (Canned Fruits & Veggies Handling Mills, Bromatological Publish Evident Requirements, Food Line Administration, Residual Pesticides Criteria, as well as Agricultural Chemicals & Deposits) are expected to escalate the need for nutrition screening among the food providers and suppliers. On the contrary, rise in preference for natural & natural products and availability of substitutes market are likely to hamper the growth of the South Korea nutritional analysis market . In addition, lack of awareness among consumers about the availability of nutritional supplements and nutrition testing as well as increase in risk of supply chain disruptions owing to the COVID-19 pandemic are anticipated to hinder the market growth.
The market for nutritional analysis market is anticipated to generate potential opportunities owing to rise in R&D investing by food manufacturing business, increase in focus of food manufacturers to develop nutrient-rich products, and increase in import & export companies of food and beverages. Moreover, increase in collaborations in between food screening companies & technology and automation companies for the development of sophisticated nutrition testing solutions are likely to produce opportunities for the market players. In addition, the introduction of unique research study methods such as next-generation sequencing (NGS) and liquid chromatography-mass spectrometry (LC-MS) coupled with growth of laboratory robotics for faster throughput is anticipated to facilitate the development of the market. In addition, , rise in requirement for health-promoting supplements and fortified foods is anticipated to boost the market development. The introduction of advanced logical strategies such as Raman spectroscopy, capillary electrophoresis, and others is anticipated to contribute to the growth of the South Korea nutritional analysis market in the coming years. Moreover, rise in focus of food manufacturing companies on global growth is predicted to develop considerable possibilities for the market individuals during the survey.
Furthermore, increase in use software for detailed information analysis, and high demand for tailored nutrition tests for babies are expected to open new profits streams for the South Korea nutritional analysis market . In addition, increase of financial backing & investments and the demand for exact security tests for various plant proteins such as lab-grown meat, plant-based milk, and refrigerated treats are anticipated to drive the market during the projection period . To conclude, the expanding need for nourishment analysis to attain custom dietary insights, the surging emphasis of nutrition testing business on unique product launches, and the boosting need for the growth and recognition of food safety and security methods are expected to enhance the total growth of the South Korea nutritional analysis market during the forecast period.
Some of the major players analyzed in this report are KARO Bio, POSCO ChemTech, Daesang Corp, CJ Cheil jedang, Korean Research Institute of Bioscience & Biotechnology, Seoul National University, National Institute of Food and Drug Safety Evaluation, SMG HealthCare, GenoAce Co., Ltd., Korea Food Research Institute
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 south korea nutritional analysis market.
- Assess and rank the top factors that are expected to affect the growth of south korea nutritional analysis market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the south korea nutritional analysis market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
South Korea Nutritional Analysis Market Report Highlights
| Aspects | Details |
 Forecast period | 2021 - 2031 |
 Report Pages | 78 |
 By Analysis Type |
|
 By Product Type |
|
 By Nutrients |
|
 Key Market Players | Seoul National University, KARO Bio, POSCO ChemTech, Korean Research Institute of Bioscience & Biotechnology, Korea Food Research Institute, National Institute of Food and Drug Safety Evaluation, Daesang Corp, GenoAce Co., Ltd., SMG HealthCare, CJ Cheil jedang |
The South Korea Nutritional Analysis Market is estimated to reach $391.9 million by 2031
Some of the major players analyzed in this report are KARO Bio, POSCO ChemTech, Daesang Corp, CJ Cheil jedang, Korean Research Institute of Bioscience & Biotechnology, Seoul National University, National Institute of Food and Drug Safety Evaluation, SMG HealthCare, GenoAce Co., Ltd., Korea Food Research Institute
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 south korea nutritional analysis market.
3. Assess and rank the top factors that are expected to affect the growth of south korea nutritional analysis market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the south korea nutritional analysis market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
South Korea Nutritional Analysis Market is classified as by analysis type, by product type, by nutrients
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