Global Dietary Supplement Testing Services Market Size, Share, Opportunities, And Trends By Service Type (Stability Testing, Analytical Testing, Microbiological Testing, Regulatory Testing & Compliance, Others), By Ingredient (Vitamins, Amino Acids, Minerals, Others) And By Geography – Forecast From 2019 To 2024
Published:  Mar 2020 Report Code: KSI061612771 Pages: 106

Dietary Supplements are nutrients such as protein, vitamin and minerals that are consumed to make up for the deficiencies in the body and add nutritional value to a diet. Dietary supplement testing is performed to test that the product is safe and beneficial to the consumer. The market for testing services is expected to have a significant growth rate. There is a growing awareness among people of all age groups regarding their health and their nutrient intake which is expected to drive the market growth. There is an increasing demand for testing services for these supplements in order to validate their nutritional information and to ensure whether it is fit for consumption. But the lack of safety and testing infrastructure in developing economies is expected to be a restraint for market growth. North America is expected to have a significant market share due to the considerable demand for food supplements in the region.

DRIVERS

Growing health awareness among people of all age groups

Rising concern about the safety and benefits of dietary supplements

RESTRAINT

Lack of safety and testing infrastructure in developing countries

INDUSTRY UPDATE

In July 2019, Laboratory-testing company Eurofins Scientific announced that it planned to slow its frantic dealmaking pace in the next two years while also expanding in emerging markets to maintain double-digit sales growth over the next decade.

Thermo Fisher Scientific Inc., the world leader in serving science, announced in June 2019 that it has completed the previously announced sale of its Anatomical Pathology business to PHC Holdings Corporation, a leading global healthcare company providing innovative solutions.

SEGMENTATION

The dietary supplement testing market has been analysed through the following segments:

By service type

Stability testing

Analytical testing

Microbiological testing

Regulatory testing &compliance

Others

By ingredient

Vitamins

Amino Acids

Minerals

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others

1. INTRODUCTION

1.1. MARKET OVERVIEW

1.2. MARKET DEFINITION

1.3. SCOPE OF THE STUDY

1.4. CURRENCY

1.5. ASSUMPTIONS

1.6. BASE, AND FORECAST YEARS TIMELINE

2. RESEARCH METHODOLOGY

2.1. RESEARCH DESIGN

2.2. SECONDARY SOURCES

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. MARKET SEGMENTATION

4.2. MARKET DRIVERS

4.3. MARKET RESTRAINTS

4.4. MARKET OPPORTUNITIES

4.5. PORTER’S FIVE FORCE ANALYSIS

4.5.1. BARGAINING POWER OF SUPPLIERS

4.5.2. BARGAINING POWER OF BUYERS

4.5.3. THREAT OF NEW ENTRANTS

4.5.4. THREAT OF SUBSTITUTES

4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY

4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT

4.7. MARKET ATTRACTIVENESS

5. DIETARY SUPPLEMENT TESTING MARKET BY SERVICE TYPE

5.1. STABILITY TESTING

5.2. ANALYTICAL TESTING

5.3. MICROBIOLOGICAL TESTING

5.4. REGULATORY TESTING AND COMPLIANCE

5.5. OTHERS

6. DIETARY SUPPLEMENT TESTING MARKET BY INGREDIENT

6.1. VITAMINS

6.2. AMINO ACIDS

6.3. MINERALS

6.4. OTHERS

7. DIETARY SUPPLEMENT TESTING MARKET BY GEOGRAPHY

7.1. NORTH AMERICA

7.1.1. USA

7.1.2. CANADA

7.1.3. MEXICO

7.2. SOUTH AMERICA

7.2.1. BRAZIL

7.2.2. ARGENTINA

7.2.3. OTHERS

7.3. EUROPE

7.3.1. GERMANY

7.3.2. FRANCE

7.3.3. UNITED KINGDOM

7.3.4. SPAIN

7.3.5. OTHERS

7.4. MIDDLE EAST AND AFRICA

7.4.1. SAUDI ARABIA

7.4.2. ISRAEL

7.4.3. OTHERS

7.5. ASIA PACIFIC

7.5.1. CHINA

7.5.2. JAPAN

7.5.3. SOUTH KOREA

7.5.4. INDIA

7.5.5. OTHERS

8. COMPETITIVE INTELLIGENCE

8.1. COMPETITIVE BENCHMARKING AND ANALYSIS

8.2. RECENT INVESTMENT AND DEALS

8.3. STRATEGIES OF KEY PLAYERS

9. COMPANY PROFILES

9.1. AVOMEEN ANALYTICAL SERVICES

9.2. PACIFIC BIOLABS

9.3. CONSUMERLAB.COM

9.4. ARBRO PHARMACEUTICALS

9.5. LABDOOR

9.6. EUROFINS SCIENTIFIC

9.7. THERMOFISHER SCIENTIFIC

9.8. CONSUMER PRODUCT TESTING COMPANY

9.9. BUREAU VERITAS

9.10. INTERTEK

LIST OF FIGURES

LIST OF TABLES

Avomeen Analytical Services

Pacific Biolabs

ConsumerLab.com

ARBRO Pharmaceuticals

Labdoor

Eurofins Scientific

ThermoFisher Scientific

Consumer Product Testing Company

Bureau Veritas

Intertek

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