Press release
Food Authenticity Market May See a Big Move | SGS S.A., Intertek, ALS
Food Authenticity Market
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Nowadays, food fraud is the biggest challenge facing food businesses. But product authentication could provide the solution to an industry grappling with the challenge of diminishing consumer trust and brands tarnished by food scares. Food authenticity is the process of irrefutably proving that a food or food ingredient is in its original, genuine, verifiable, and intended form as declared and represented. Authenticity testing is utilized to prove the content of food products are authentic and the way they are presented is correct and accurate. Increasing incidences of false labeling & certification and exponential growth in international trades are the key drivers fuelling the demand for food authenticity testing.
On 1st Aug 2018, Eurofins Scientific, a global scientific leader in bioanalytical testing, announced the successful closing of the transaction to acquire Covance Food Solutions from LabCorp, a leading global life sciences company. Covance Food Solutions provides product integrity, food safety, product development, and consulting solutions for end-use segments that span the life cycle of food, beverage, and products.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Food Authenticity Market various segments and emerging territory.
Influencing Market Trend
• Increased Application of Modern Techniques
Market Drivers
• Implementation of Stringent Regulations in Developed Countries
• Exponential Growth in International Trade
• Increasing Incidences of False Labeling & Certification
• Increased EMA (Economically Motivated Adulterations) Due to High Competition
Opportunities:
• Technological Advancements in the Industry & Test Kits for Onsite Testing
Challenges:
• Unaffordability of Tests by Manufacturers
Analysis by Technology (Polymerase Chain Reaction Based, Liquid Chromatography-Mass Spectrometry, Isotope Method, Immunoassay Based/Elisa, Others), Food Tested (Meat & Meat Product, Dairy & Dairy Product, Cereal, Grain, and Pulse, Processed Food, Others), Target Testing (Meat Speciation, Country of Origin and Aging, Adulteration Test, False Labelling)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [SGS S.A. (Switzerland), Intertek Group PLC (United Kingdom), Eurofins Scientific SE (Luxembourg), ALS Limited (Australia), LGC Science Group Ltd. (United Kingdom), Mérieux Nutrisciences Corporation (United States), Microbac Laboratories, Inc. (United States), EMSL Analytical Inc. (United States), Romer Labs Diagnostic GmbH (United States), Genetic Id Na, Inc. (United States),]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players
Have Any Questions Regarding Global Food Authenticity Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/83431-global-food-authenticity-market#utm_source=OpenPR/Rahul
The regional analysis of Global Food Authenticity Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/83431-global-food-authenticity-market#utm_source=OpenPR/Rahul
Highlights of the Report
• The future prospects of the global Food Authenticity market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Food Authenticity market.
Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
sales@advancemarketanalytics.com
About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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