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Shelf-life Testing Market Overview and Regional Outlook Study 2023 - 2032

04-28-2023 08:31 AM CET | Health & Medicine

Press release from: Analytics Market Research

Shelf-life Testing Market

Shelf-life Testing Market

packaged food shelf life testing market forecasts the global packaged food shelf life testing market to grow from $4.4 billion in 2022 to $4.8 billion in 2023 at a compound annual growth rate (CAGR) of more than 9%. The packaged food shelf life testing market is then expected to grow to $6.9 billion in 2027 at a CAGR of more than 9%.

The shelf-life of a product is the amount of time it remains effective and free of deterioration, and hence sellable, without being unfit for use, consumption, or sale. Shelf-life testing is performed in a laboratory to assess a food product's estimated shelf-life and when it should be consumed. This test guarantees that the product is free of microorganisms. Product recalls are less likely when shelf-life testing is performed. It also contributes to the improvement of products, processes, and, ultimately, profitability by identifying the causes of lower shelf life.

The increased demand for packaged foods will propel the packaged food shelf-life testing industry further in the future. Packaged foods are foods that have their entire surface covered in either permeable or impermeable wrapping to protect them from damage, contamination, deterioration, pest attacks, and tampering during transport and storage. Packaged food shelf-life testing is essential for determining food safety and ensuring that food is free of physical, chemical, and biological dangers, safeguarding customers from food-borne diseases.

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According to the Organisation for Economic Cooperation and Development (OECD), a Paris-based intergovernmental organisation dedicated to democracy and the market economy, global retail demand for packaged foods increased by 15-20% in June 2022 versus 2021, and packaged food sales in Germany increased by 56% versus 2021. As a result, the market for packaged food shelf-life testing is driven by the rising demand for packaged goods.

The Food Shelf Life Testing Market research study contains a complete analysis of the market's main players. This research takes into account a variety of aspects, such as the competitor's strategy, sales unit, target market, cost of production, channels of distribution, and other growth elements, as well as the company's market position, financial state, organisation size, share, growth, and product line. The paper also investigates the industry's reaction to COVID-19. This study report also includes statistics on expected results through 2030.

Market Segmentation:

The shelf-life testing market can be segmented based on technology, parameter, food tested, and region.

Based on technology, the shelf-life testing market can be segmented into:
1. Traditional Methods: sensory evaluation, pH measurement, titratable acidity measurement, and microbial testing.
2. Advanced Methods: spectroscopy, chromatography, rapid microbiological testing, and electronic nose technology.
Based on parameter, the shelf-life testing market can be segmented into:
1. Microbial growth: Yeast, molds, and bacteria.
2. Chemical changes: pH, acidity, and oxidation.
3. Physical changes: texture, color, and appearance.
Based on food tested, the shelf-life testing market can be segmented into:
1. Dairy products
2. Bakery and confectionery products
3. Meat, poultry, and seafood products
4. Beverages
5. Packaged food products
6. Others

Based on region, the shelf-life testing market can be segmented into:
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Overall, these segments provide a detailed understanding of the shelf-life testing market, helping food manufacturers and processors to identify the most profitable segments and develop effective marketing strategies.

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Competitive Landscape:
Some of the key players in the shelf-life testing market are:
1. ALS Limited
2. Eurofins Scientific SE
3. Intertek Group plc
4. Mérieux NutriSciences
5. SGS SA
6. Bureau Veritas SA
7. TÜV SÜD AG
8. AsureQuality Limited
9. TÜV Nord Group
10. Microbac Laboratories, Inc.

These companies are involved in the development of new and innovative shelf-life testing technologies and providing shelf-life testing services to food manufacturers and processors. They are also focusing on expanding their presence in emerging markets through strategic partnerships, mergers and acquisitions, and collaborations to increase their market share and stay competitive in the market.

Key questions answered in the Food Shelf Life Testing Market are:

● What are the market trends and drivers in the Food Shelf Life Testing industry?
● What are the key challenges faced by the Food Shelf Life Testing market in the forecast period?
● What is the competitive landscape of the Food Shelf Life Testing market?
● What are the market opportunities and threats faced by the vendors in the Food Shelf Life Testing industry?
● What are the market segments that are expected to show growth during the forecast period?
● What are the important technological advancements in the Food Shelf Life Testing market?
● What are the strategies adopted by the leading players to maintain their position in the Food Shelf Life Testing market?
● What are the regional markets that are expected to show growth in the Food Shelf Life Testing industry?

Reason to Buy Food Shelf Life Testing Market Report:

● Detailed analysis of the Food Shelf Life Testing Market's regulatory environment, and its impact on market dynamics.
● Comprehensive assessment of the competitive landscape, highlighting the major players and their market share.
● Insights into the factors driving demand for different Food Shelf Life Testing product types and applications.
● In-depth analysis of the supply chain, including key raw material suppliers and distributors.
● Identification of potential opportunities for market expansion and growth, and recommended strategies for market entry and expansion.

To Know More, Click here: https://analyticsmarketresearch.com/reports/shelf-life-testing-market/76932/

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Analytics Market Research
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Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com

About Us

Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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