Food Authenticity Market by Capital Investment, Industry Outlook, Growth Potential, Opportunities & Trends

According to the latest report by IMARC Group, titled "Food Authenticity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," offers a comprehensive analysis of the industry, which comprises insights on the global food authenticity market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global safety needles market to grow at a CAGR of around 8% during 2021-2026.

Food authenticity refers to the method of examining the quality and value of food and beverages in laboratories. This process consists of various tests and techniques, such as polymerase chain reaction (PCR) and deoxyribonucleic acid (DNA), which help to detect deliberate substitution, tampering, packaging, and misrepresentation of food ingredients. Food authentication tests are commonly deployed for monitoring confectioneries, packaged food, dairy-based items, fruits, alcohol, and meat-based commodities.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The widespread expansion in economically motivated adulteration (EMA) led by high competition amongst food manufacturers is mainly driving the emerging demand for effective food authentication tests across the globe.

Numerous initiatives undertaken by governments of various nations for regulating fraudulent activities in the food and beverage (F&B) industry are further fueling the global food authentication market.

Moreover, the rising consciousness amongst the consumers regarding the provision of product quality certification in the F&B industry by manufacturers is creating a positive outlook for market. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.

Competitive Landscape with Key Players:

• ALS Limited
• EMSL Analytical Inc.
• Eurofins Scientific Inc.
• Intertek Group plc
• LGC Limited
• Mérieux NutriSciences
• Microbac Laboratories Inc.
• Romer Labs Division Holding GmbH (Koninklijke DSM N.V.)
• SGS SA

Market Segmentation:

Breakup by Target Testing:

• Meat Speciation
• Country of Origin and Aging
• Adulteration Test
• False Labelling

Breakup by Technology:

• Polymerase Chain Reaction Based
• Liquid Chromatography-Mass Spectrometry
• Isotope Method
• Immunoassay Based/ELISA
• Others

Breakup by Food Tested:

• Meat and Meat Product
• Dairy and Dairy Product
• Cereal, Grain, and Pulse
• Processed Food
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/food-authenticity-market

Key highlights of the report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.