Global Food Authenticity Market – Market Forecast, Market Trend, Market Research and Opportunity, Size and Share – 2014-2027

Overview

Developing awareness among buyers about authenticity and regulations is one of the noteworthy factor driving the market for food authenticity testing. In the course of the most recent couple of decades, there has been a huge increment in customer worries for food authenticity. Consumer awareness assumes an imperative part in actualizing the quality and well being of nourishment items through different means, for example, marking, claims, and nutrition realities. Growing international trade is one of the variables driving this market.  Growing international trade makes the requirement for worldwide commands and controls for nourishment credibility, which is a noteworthy factor that drives the market for food authenticity testing. International trade expands complexities in the inventory network and the odds of cross contamination and fraud. The global food authenticity market is expected to grow at a CAGR of 7.9% during the analysis period, 2017-2027.

Market Dynamics

Drivers

  • Increase in Incidence of Food Frauds
  • Growing International Trade
  • Growing Awareness Among Consumers About Food Authenticity and Regulations
  • Increased EMA (Economically Motivated Adulterations) Due to High Competition
  • Implementation of Stringent Regulations in Developed Countries
  • Increasing Incidences of False Labelling & Certification

Restraints

  • Complexity in Testing Techniques
  • Lack of Harmonization of Regulations
  • Lack of Food Control Infrastructure & Resources in Developing Countries

 Report Key Benefits

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Market Segments

By Technology

  • LC-MS/MS
  • Immunoassay-based
  • PCR-based
  • Isotope methods
  • Others

By Target Testing

  • Country of origin
  • Meat speciation
  • False labelling
  • Adulteration tests

By Food Tested

  • Dairy & dairy products
  • Ingredients
  • Meat & meat products
  • Processed foods
  • Cereals, grains, and pulses

 By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Argentina
    • Middle East
    • Others in RoW

 Company Profiles

  • Intertek Group PLC
  • ALS Limited
  • Mérieux Nutrisciences Corporation.
  • EMSL Analytical Inc.
  • Genetic ID NA, Inc.
  • SGS S.A.
  • Eurofins Scientific SE
  • LGC Science Group Ltd.
  • Microbac Laboratories, Inc.
  • Romer Labs Diagnostic GmbH

Target Audience

  • Food authenticity testing solutions providers
  • Food processors
  • Government and research organizations
  • Manufacturers, importers & exporters, traders, distributors, and suppliers of equipment, reagents, chemicals, and other related consumables
  • Food authenticity testing laboratories
  • Food manufacturers
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