Food Authenticity Market Analysis by Target Testing, Technology, Food Tested, Region and Future Prospects

IMARC Group has recently released a new research study titled "Food Authenticity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global food authenticity market size reached US$ 6.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.3 Billion by 2027, exhibiting a growth rate (CAGR) of 7.13% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Food authenticity is a laboratory-oriented test that helps examine the quality of the products by ensuring the authenticity of their contents in correspondence to the original condition and the information on the label. Authentic products are free from adulteration, especially regarding nature, composition, varietal purity, and manufacturing process. The process also helps detect deception and food fraud attempts. Deoxyribonucleic acid (DNA) testing, polymerase chain reaction (PCR), chromatography, microscopy, immunoassay, and food allergen analysis are commonly used detection techniques. As a result, food authenticity is mainly used for confectionaries, cereals, grains, packaged foods, meat-based and dairy-based products, pulses, edible oils, alcohol, juices, and processed foods.

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Food Authenticity Market Trends and Growth Drivers: 

The global food authenticity market is primarily driven by the increasing prevalence of food fraud involving mislabeling, cases of dilution, certification, and substitution. In line with this, the rising awareness among consumers regarding food authenticity and certification is acting as another growth-inducing factor. Moreover, governments of various nations are implementing stringent regulations regarding food fraud, which is providing a significant boost to market growth. Besides this, key players are actively working to develop remote testing kits and analytical testing software for convenient food detection, which is creating a positive outlook for the market.

Competitive Landscape With Key Players:

The competitive landscape of the global food authenticity market has been studied in the report with the detailed profiles of the key players operating in the market.

Food Authenticity Market 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:

The report has segmented the market into the following categories:

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

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Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• 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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