Alkaline Phosphatase Kits Market: Emerging Economies Expected to Influence Growth until 2027|| Top Key Companies are AGFA Healthcare, Aquilab, Carestream Health, Esaote S.P.A, Koninklijke Philips N.V.
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The latest study published by Fact.MR provides actionable insights about the alkaline phosphatase kits market. The report also provides a forecast of the market for the period 2018-2026. The elaborate report assesses and analyzes all the market aspects that hold a profound influence on the alkaline phosphatase kits market.
Growing Consumer Preference for Pasteurized Milk Products Fuelling Demand for Alkaline Phosphatase Kits
Recent studies have linked an array of inter-abdominal diseases with the use of raw milk and its products. Regulatory authorities around the world are recommending use of pasteurized milk and its products over raw milk. According to multiple researches, raw milk has been found to carry dangerous pathogens such as E.Coli, Listeria, Campylobacter, and Listeria, which are known for causing serious health issues.
Rising awareness about these concerns is influencing consumers to opt for pasteurized milk. With ‘mindful choices’ trend driving the food and beverages industry, consumers are becoming more particular about the ingredients used in products they consume. The aforementioned factors have boosted the adoption of alkaline phosphatase kits to ensure the milk used in the production of dairy products meets the standards expected by consumers.
Alkaline phosphatase kits easy to use, accurate, and less time-consuming – these features have led to their widespread adoption across a range of industries. The effectiveness of alkaline phosphatase kit aids companies in adhering to the standards of dairy production. These broader factors are likely to provide an impetus to alkaline phosphatase market in the future.
Unreliability of Alkaline Phosphatase Kit Results Remains a Challenge to Wider Adoption
Although alkaline phosphatase kit is an efficient way of detecting higher or lower levels of alkaline phosphatase in the blood, it is not necessarily indicative of an abnormality in the body. Sometimes, during pregnancy, alkaline phosphatase levels may rise due to the placental influx. Also, higher levels of alkaline phosphatase are observed during bone formation and development. Due to the likelihood of the kit providing false positives, it is used in tandem with other diagnostic tests to determine the cause, severity, and prognosis of an underlying disease.
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US Continues to Spearhead the Alkaline Phosphatase Kits Market
North America remains the largest market for alkaline phosphatase kits, on account of robust demand in the US. The US accounts for the largest revenue share, not only in North America but globally as well. A notable reason for US holding the majority market share is the high preference for pasteurized milk in the region. According to a mandate issued by the Food and Drug Association (FDA) in 1987, the use of raw milk for the production of milk and other dairy products was banned. Further, milk and other dairy products are perceived as the premier source for high-quality protein by the majority of North American population. Along with a flourishing dairy market, demand for alkaline phosphatase kits is complemented by the robust healthcare sector. These factors have been instrumental in aiding the growth of the alkaline phosphatase market in the region. The presence of multiple leading market players in the region is a testament of the flourishing alkaline phosphatase market in the region.
Alkaline Phosphatase Kits Market – Market Structure
The alkaline phosphatase kit market report provides a thorough analysis of the market in terms of CAGR, volume, value, and Y-o-Y growth. The comprehensive market breakdown is provided in terms of end-use applications, pack size, and geographic region.
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