Electronic Nose Market to Witness Robust Expansion Throughout the Forecast Period 2017-2025
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Increasing consumption of electric nose in food & beverage industry is accelerating global market growth
Growing concern for health is one of the major driving factors for growth of the market. Thus, demand for e-nose is expected to increase for application in the food and beverages (F&B) industry, in order to improve the quality of the foods, which in turn helps in decreasing diseases caused by food contamination. For instance, according to the Centers for Disease Control and Prevention (CDC), each year 48 million people get sick from food borne diseases in which 3,000 die every year. This electronic nose consist of sensors, which have ability to determine presence or absence of contaminants and related chemicals. Therefore, this electronic nose is used throughout food manufacturing process in order to maintain the quality of food. Hence, this factor helps in propelling growth of the market. Moreover, it is used by food inspectors, in order to identify freshness of the food products and it also helps in separating spoilt food from fresh food. Thus, this is expected to aid food and quality inspectors to provide certification to food manufacturers after checking the quality of food.
North America accounted for the largest market share in 2016
In terms of geography, North America region accounted for the largest market share during the forecasted period followed by Europe and Asia Pacific. North America market is expected to retain its dominance over the forecast period, owing to the region being early adopter of advanced technologies in various sectors. Increasing growth of the food and beverages industry is one of the major factors driving growth of this market. For instance, according to the Coherent Market Insights’ analysis, in the U.S., the number of new food manufacturing plant established in 2016 was 241,379 and it increased to 243,698 in 2017.
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Key Vendors of Electronic Nose Market: Alpha MOS, Odotech, E-nose Pty, The E-nose Company, Electronic Sensor Technology, Scent Science Corporation, Airsense Analytics GmbH, Scentsational Technologies, and Scensive Technology
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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