The global dietary supplement testing services market size was USD 2.8 billion and is projected to have a rapid revenue compound annual growth rate (CAGR) of 10.1% throughout the forecast period. The market growth is driven by various factors, including increasing awareness about dietary supplements, a growing older population, and the rising popularity of healthy lifestyles.
Dietary supplement testing services play a crucial role in testing impurities in both raw materials and finished products, assessing supplement regulations, authenticating supplement product performance, and ensuring supplement quality.
With the increasing prevalence of lifestyle disorders such as obesity, diabetes, and cardiovascular diseases (CVDs), the demand for dietary supplements has risen significantly. Manufacturers have responded to this demand by introducing various dietary supplements to cater to different consumer needs. Therefore, testing and quality control have become increasingly essential, given the growing quantity of supplements available in the market.
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Some Key Highlights from the Report
- In 2022, the identification testing segment held the largest revenue share in the global dietary supplement testing services market. This is attributed to the increasing need for identification testing to verify the presence of specific substances listed on the product label. Various analytical methods such as chromatography and spectroscopy are utilized to identify the active constituents in the supplement.
- Over the forecast period, the manufacturers segment is estimated to account for the biggest revenue share in the worldwide dietary supplement testing services market. This is owing to increased dietary supplement usage and the need for quality monitoring and safety. Manufacturers must adhere to the quality standards and restrictions imposed by regulatory bodies such as the Food and Drug Administration (FDA). As a result, manufacturers rely heavily on dietary supplement testing services to ensure that their products meet regulatory criteria and are safe for human use.
- In 2022, the North American market held the biggest revenue share in the worldwide dietary supplement testing services market. This is owing to increased dietary supplement use, the availability of several supplement manufacturers, and rigorous FDA regulations. Also, growing healthcare expenses and an aging population are likely to boost market revenue growth in this area.
Key Players covered in this report are:
The global dietary supplement testing services market features several major players, including Intertek Group plc, Covance Inc., Quest Diagnostics, Alkemist Labs, LGC Limited, NSF International, UL LLC, Thermo Fisher Scientific Inc., Bureau Veritas S.A., and SGS SA. These companies compete in the market by providing a range of testing services to ensure the safety, quality, and efficacy of dietary supplements.
Intertek Group plc, for example, offers a comprehensive range of testing and analysis services, including label and composition testing, contaminant and impurity testing, and stability and shelf-life testing. Covance Inc. provides a broad range of testing services for dietary supplements, including clinical trial testing, bioanalytical testing, and regulatory consulting. Quest Diagnostics offers clinical laboratory testing services for nutritional supplements, including vitamin and mineral assays.
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Dietary Supplement Testing Services Market Segmentation:
The type of test outlook segmentation includes Identity Testing, which confirms the identity of ingredients present in a dietary supplement; Purity Testing, which ensures the supplement is free of impurities; Heavy Metals Testing, which measures levels of heavy metals present in the supplement; Microbial Testing, which checks for any microbial contamination; and Others, such as stability testing, dissolution testing, and packaging testing.
The end-use outlook segmentation includes Manufacturers of dietary supplements who require testing services to ensure the safety and efficacy of their products; Contract Research Organizations (CROs), which provide testing services to support clinical trials for dietary supplements; and Others, which include academic research institutes and regulatory bodies.
The report also covers the regional scope of the dietary supplement testing services market, which includes North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. The market in North America is expected to hold the largest share due to the growing demand for dietary supplements and the presence of key players in the region. The Asia Pacific region is expected to grow at the highest CAGR due to the increasing awareness about dietary supplements and the rise in disposable income.
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