Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
According to The Global Nutrition Testing in Women and Children Market, by Product Type (Instruments and Reagents & Kits), By Technology (Spectroscopy, Chromatography, and Immunoassay), by Application (Breast Milk Testing, Diets and Supplements Testing, Allergy Testing, and Vitamin D Testing), By End User (Hospitals & Clinics, Diagnostic Laboratories, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), published by Coherent Market Insights, the global nutrition testing in women and children market is estimated to be valued at US$ 2,487.6 Billion in 2018 and is projected to exhibit a CAGR of 9.3%, during the forecast period (2018-2026).
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Increasing demand for home test kits to assess quality of nutrients in women and children is expected to propel growth of the global nutrition testing in women and children market. This is attributed to ability of home test kits to offer higher efficiency, rapid testing, ease of use, and lesser dependency on advanced instruments. Moreover, increasing availability of novel nutrition testing products is also expected to aid in growth of the market. For instance, manufacturers such as 2LifeSpan BioSciences, Biorbyt, Abbexa Ltd., BosterBio, and Abcam plc. offer products such as the anti-milk specific allergen (IgG) ELISA kit, human milk specific allergen antibody (IgE) ELISA kits, Human Milk Fat Globule EGF Factor 8 (MFGE8) ELISA kits, Human MFGE8/Lactadherin PicoKine ELISA kits, and Human Lactoferrin ELISA kits, which are extensively used for determining and quantifying immune factors present in human milk.
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Major players in the market are focused on launching new products to expand their product portfolio. For instance, in March 2019, Neogen Corporation launched two new Coconut Allergen test kits, namely Reveal 3-D and Veratox. In April 2018, 3M Food Safety introduced the Food Allergen Kits, which included the 3M Allergen Protein Rapid Kits and the 3M Allergen Protein ELISA Kit.
Similarly, in December 2017, Lactation Lab launched Unique Breast Milk Testing Service that includes easy-to-use home test kits used to collect milk samples at home settings. In October 2015, Happy Vitals launched the first-ever direct-to-consumer laboratory home testing kit for breast milk. The company also offers heavy metal toxin tests for pregnant women and children using non-invasive hair or fingernail/toenail samples.
Major players in the market are also focused on adopting M&A strategies to expand their product portfolio. For instance, in 2017, EverlyWell, Inc. partnered with Helix OpCo LLC to launch a new suite of DNA tests to provide deeper insights about health and wellness. The new tests, which harness DNA to yield personalized information about food sensitivity, metabolism, and breast milk DHA, were developed in collaboration with Helix, a personal genomics company.
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- The global nutrition testing in women and children market is expected to expand at a CAGR of 9.3% during the forecast period (2018–2026)
- Increasing demand for home test kits to assess quality of nutrients in women and children is expected to propel growth of the global nutrition testing in women and children market
- Major players operating in the global nutrition testing in women and children market include Miris AB, Thermo Fisher Scientific Inc., MyMilk Laboratories Ltd., EverlyWell, Inc., DiaSorin Group, Trajan Nutrition, EKF Diagnostics Ltd., Lactation Lab, OmegaQuant, LLC, and Scope Electric.
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