Dublin, March 18, 2025 (GLOBE NEWSWIRE) — The “Nutraceutical Product Testing Market: Industry Trends and Global Forecasts to 2035: Distribution by Type of Service Offered, Type of Nutraceutical Product, Type of Ingredient, End Users, Key Geographical Regions and Leading Players” report has been added to ResearchAndMarkets.com’s offering.
The global nutraceutical product testing market size is estimated to grow from USD 2.93 billion in current year to USD 7.33 billion by 2035, at a CAGR of 9.6% during the forecast period, till 2035.
According to a survey, around 40% of individuals use dietary supplements in order to enhance their health and meet their daily nutritional requirements. As these supplements are consumed by a considerable proportion of the global population, it is important to ensure that these products are free from contamination and provide desirable therapeutic effects. Therefore, it is essential that nutraceuticals undergo rigorous testing prior to use, adhering to proper safety protocols. This process encompasses various aspects, including verifying the identity and purity of ingredients, assessing products for contaminants, complying with regulatory standards, substantiating health claims through scientific evidence, preventing adulteration, and supporting research and development initiatives. By conducting rigorous testing, stakeholders can provide consumers with adequate nutraceuticals while maintaining compliance with industry regulations and fostering trust in the market. Consequently, nutraceutical testing has garnered significant recognition for its role in revolutionizing the healthcare industry.
Driven by the growing consumer preference for natural health solutions and stringent regulatory guidelines to ensure the safety, efficacy, and high quality of nutraceuticals, the demand for their testing is increasing at a steady pace. Moreover, owing to the ongoing technological advancements, the application of nutraceutical testing is anticipated to expand further, positioning the market for healthy growth in the forthcoming years.
Nutraceutical Product Testing Market Key Insights
The report delves into the current state of the nutraceutical product testing market and identifies potential growth opportunities within industry.
Some key findings from the report include:
- Close to 55% of the companies engaged in offering nutraceutical testing services are small firms; 80% of the firms are based in North America.
- Around 95% of the service providers offer analytical testing services for nutraceuticals; of these, 80% of the service providers offer testing services for dietary supplements.
- The rising interest in this domain is reflected by the rise in partnership activity; notably, more than 70% of the deals were inked in the last three years.
- The increasing geriatric population, heightened consumer awareness and technological advancements are likely to drive the market for nutraceutical testing services, leading to steady growth in the foreseeable future.
- The nutraceutical product testing market is anticipated to grow at an annualized rate (CAGR) of 9.6% to 2035; dietary supplements segment is expected to capture the majority share (close to 60%) of the market.
- Within North America, the nutraceutical product testing market is likely to witness an annualized growth rate of 10% over the coming decade.
Nutraceutical Product Testing Market: Key Segments
Analytical Testing Segment is Likely to Hold the Largest Share of the Nutraceutical Product Testing Market During the Forecast Period
- Based on the type of service offered, the global nutraceutical product testing market is segmented into analytical testing, microbiological testing, stability testing and other services. Currently, the majority share of the nutraceutical product testing market is captured by analytical testing segment.
Functional Foods is the Fastest Growing Segment of the Nutraceutical Product Testing Market
- Based on the type of nutraceutical product, the global nutraceutical product testing market is distributed across dietary supplements, functional foods, functional beverages and other nutraceutical products. Currently, the majority share of the nutraceutical product testing market is captured by dietary supplements segment. It is worth mentioning that the functional foods segment is likely to grow at a higher CAGR in the coming years.
Vitamins Segment is Likely to Dominate the Nutraceutical Product Testing Market During the Forecast Period
- Based on the type of ingredient, the global nutraceutical product testing market is segmented into vitamins, herbals, probiotics, minerals, enzymes and amino acids. Currently, the market is likely to be dominated by vitamins segment. This can be attributed to the growing demand for preventive healthcare and simpler testing procedures for vitamin levels as compared to other nutraceuticals.
By End Users, Nutraceutical Developers Segment is Likely to Dominate the Market During the Forecast Period
- Based on the end users, the global market for nutraceutical product testing is distributed across nutraceutical developers, contract manufacturers, and regulatory bodies and other end users. Currently, the nutraceutical developers’ segment is likely to dominate and drive overall market growth. This can be attributed to the increasing demand for testing services to ensure the quality, safety, and effectiveness of nutraceutical products.
North America Accounts for the Largest Share of the Market
- Based on key geographical regions, the market is segmented into North America, Europe, Asia-Pacific. In the current scenario, North America is likely to capture the majority of the market share. Notably, Asia-Pacific is expected to grow at a relatively higher CAGR during the forecast period. This can be attributed to the rising aging population, increased health and wellness awareness and high demand for dietary supplements in this region.
Players in the Nutraceutical Product Testing Market Profiled in the Report include:
- Auriga Research
- Beaconpoint Labs
- Certified Laboratories
- Charles River Laboratories
- Doctors Analytical Laboratories
- Dyad Labs
- Element Materials Technology
- Eurofins Scientific
- FARE Labs
- Merieux NutriSciences
- RSSL
- SGS
- Sigma Test and Research Center
- SIMA LABS
- Thermo Fisher Scientific
- Vimta Labs
Nutraceutical Product Testing Market: Research Coverage
The report on the nutraceutical product testing market features insights in various sections, including:
- Market Sizing and Opportunity Analysis: An in-depth analysis of the nutraceutical product testing market, focusing on key market segments, including type of service offered, type of nutraceutical product, type of ingredient end users, key geographical regions and leading players.
- Market Impact Analysis: A thorough analysis of various factors, such as drivers, restraints, opportunities, and existing challenges that are likely to impact market growth.
- Nutraceutical Testing Service Providers Market Landscape: A comprehensive evaluation of the companies engaged in offering nutraceutical testing services, based on several relevant parameters, such as year of establishment, company size, location of headquarters, regulatory accreditations, type of ingredient, type of service offered, type of testing method used, and type of nutraceutical product
- Company Competitiveness Analysis: An insightful competitiveness analysis of nutraceutical testing service providers based on several relevant parameters, such as company strength and service portfolio strength.
- Start-Up Ecosystem Analysis: In depth analysis of leading start-ups in the nutraceutical testing domain, based on various relevant parameters, including company strength and service portfolio strength, along with the benchmarking analysis and a heat map representation of the start-ups.
- Company Profiles: Elaborate profiles of prominent players providers engaged in offering nutraceutical testing services across various geographies, including North America, Europe and Asia-Pacific, providing details on company overview, financial information (if available), nutraceutical service portfolio, recent developments and an informed future outlook.
- Recent Developments: An insightful analysis of recent developments in the nutraceutical testing services market, including details on partnerships inked between various stakeholders based on several parameters, such as year of partnership, type of partnership, type of partner, most active players, geographical distribution of the partnerships. In addition, this section also includes various funding and investments undertaken by companies in this domain.
- Porter’s Five Forces Analysis: An analysis of five competitive forces prevailing in the nutraceutical product testing market, including threats of new entrants, bargaining power of buyers, bargaining power of suppliers, threats of substitute products and rivalry among existing competitors.
- Vendor Selection Framework: An insightful vendor selection framework highlighting several factors that should be considered while outsourcing nutraceutical testing operations to service providers.
- Case Study: A detailed assessment of the nutraceutical contract manufacturers, featuring analysis on various parameters, such as year of establishment, company size, location of headquarters, number of manufacturing facilities, type of product manufactured, type of dietary supplement manufactured, type of dosage form, type of primary packaging, and type of additional service offered.
Key Questions Answered in this Report
- How many companies are currently engaged in this market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
- What type of partnership models are commonly adopted by industry stakeholders?
Reasons to Buy this Report
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
Additional Benefits
- Complimentary PPT Insights Packs
- Complimentary Excel Data Packs for all Analytical Modules in the Report
- 10% Free Content Customization
- Detailed Report Walkthrough Session with Research Team
- Free Updated report if the report is 6-12 months old or older
Key Topics Covered:
SECTION I: REPORT OVERVIEW
- PREFACE
- RESEARCH METHODOLOGY
- MARKET DYNAMICS
- MACRO-ECONOMIC INDICATORS
SECTION II: QUALITATIVE INSIGHTS
EXECUTIVE SUMMARY
INTRODUCTION
- Chapter Overview
- What are Nutraceuticals
- Potential Benefits of Nutraceuticals
- Classification of Nutraceuticals
- Nutraceuticals Testing Process
- Regulatory Guidelines Related to Nutraceutical Testing
- Importance of Nutraceutical Testing
- Future Perspectives
SECTION III: MARKET OVERVIEW
MARKET LANDSCAPE
- Analysis by Year of Establishment
- Analysis by Company Size
- Analysis by Location of Headquarters
- Analysis by Company Size and Location of Headquarters
- Analysis by Regulatory Accreditations
- Analysis by Type of Ingredient
- Analysis by Type of Service Offered
- Analysis by Type of Testing Method Used
- Analysis by Type of Nutraceutical Products
COMPANY COMPETITIVENESS ANALYSIS
START-UP ECOSYSTEM ANALYSIS
SECTION IV: COMPANY PROFILES
COMPANY PROFILES: NUTRACEUTICAL TESTING SERVICE PROVIDERS IN NORTH AMERICA
- Charles River Laboratories
- Beaconpoint Labs
- Certified Laboratories
- Dyad Labs
- Thermo Fisher Scientific
COMPANY PROFILES: NUTRACEUTICAL TESTING SERVICE PROVIDERS IN EUROPE
- Element Materials Technology
- Eurofins Scientific
- Merieux NutriSciences
- RSSL
- SGS
COMPANY PROFILES: NUTRACEUTICAL TESTING SERVICE PROVIDERS IN ASIA-PACIFIC
- Auriga Research
- Doctors’ Analytical Laboratories
- FARE Labs
- Sigma Test and Research Center
- SIMA LABS
- Vimta Labs
SECTION V: MARKET TRENDS
RECENT DEVELOPMENTS
CASE STUDY: NUTRACEUTICAL CONTRACT MANUFACTURERS
Nutraceutical Contract Manufacturers: Overall Market Landscape
- Analysis by Year of Establishment
- Analysis by Location of Headquarters
- Analysis by Type of Product Manufactured
- Analysis by Type of Dosage Form
- Analysis by Type of Primary Packaging Offered
- Analysis by Number of Manufacturing Facilities
SECTION VI: MARKET OPPORTUNITY ANALYSIS
- MARKET IMPACT ANALYSIS: DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES
- GLOBAL NUTRACEUTICAL TESTING SERVICES MARKET
- NUTRACEUTICAL TESTING SERVICES MARKET, BY TYPE OF SERVICE OFFERED
- NUTRACEUTICAL TESTING SERVICES MARKET, BY TYPE OF NUTRACEUTICAL PRODUCT
- DIETARY SUPPLEMENT TESTING SERVICES MARKET, BY TYPE OF INGREDIENT
- NUTRACEUTICAL TESTING SERVICES MARKET, BY END USERS
- NUTRACEUTICAL TESTING SERVICES MARKET, BY KEY GEOGRAPHICAL REGIONS
- NUTRACEUTICAL TESTING SERVICES MARKET, BY LEADING PLAYERS
- ADJACENT MARKET ANALYSIS
SECTION VII: STRATEGIC TOOLS
PORTER’S FIVE FORCES ANALYSIS
VENDOR SELECTION FRAMEWORK
Case Study Assessment of Leading Players
- Case Study Assessment of Eurofins Scientific
- Case Study Assessment of Charles River Laboratories
- Case Study Assessment of SGS
SECTION VIII: OTHER EXCLUSIVE INSIGHTS
- CONCLUDING REMARKS
- EXECUTIVE INSIGHTS
For more information about this report visit https://www.researchandmarkets.com/r/yw5q2b
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- Nutraceutical Testing Service Providers
- Nutraceutical Testing by Region