Let $(M^{n+1},g)$ be an analytic Riemannian manifold and let $\Sigma^n$ be a closed analytic manifold. Denote by $\operatorname{Emb}(\Sigma, M)$ the space of all smooth (or maybe analytic) two-sided embeddings of $\Sigma$ into $M$. Let $V : \operatorname{Emb}(\Sigma, M) \to \mathbb{R}$ be the volume functional, i.e., for $\varphi \in \operatorname{Emb}(\Sigma, M)$, let
$$V(\varphi) = \int_\Sigma 1 \, \mathrm{d vol}_{\varphi^\ast g}, $$
where $\mathrm{d vol}_{\varphi^\ast g}$ denotes the volume element of the metric $\varphi^\ast g$ on $\Sigma$.
Is this functional analytic? If not, under what conditions will it be? The topology in the space of embeddings is the one induced by the analytic manifold structure in the space of all smooth mappings from $\Sigma$ to $M$.
See this great book.
Related local question (I am more interested in this scenario): Let $U \subset C^k(\Sigma)$ be a small neighbourhood of the origin, and for a fixed embedding $\varphi : \Sigma \to M$ with unit normal $N$, define
$$E(f)(x) = \exp_{\varphi(x)}(f(x)N(x)), \quad f \in U.$$
Now consider the volume functional $V : U \to \mathbb{R}$ defined by
$$V(f) = \int_\Sigma 1 \, \mathrm{dvol}_{E(f)^\ast g}.$$
Is $V$ analytic?