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Ingredient Authentication Testing Trends and Forecast
The future of the global ingredient authentication testing market looks promising with opportunities in the polymerase chain reaction, chromatography, and spectroscopy markets. The global ingredient authentication testing market is expected to grow with a CAGR of 9.6% from 2024 to 2030. The major drivers for this market are increasing consumer awareness & demand for authentic products and rising incidents of food fraud & counterfeiting.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ingredient Authentication Testing by Segment
The study includes a forecast for the global ingredient authentication testing by technology, source of origin, and region.
Ingredient Authentication Testing Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Polymerase Chain Reaction
• Chromatography
• Spectroscopy
• Others
Ingredient Authentication Testing Market by Source of Origin [Shipment Analysis by Value from 2018 to 2030]:
• Plant
• Animal
• Bacteria
• Fungal
• Others
Ingredient Authentication Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ingredient Authentication Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ingredient authentication testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ingredient authentication testing companies profiled in this report include-
• Agilent Technologies
• Qiagen
• Authen Technologies
• Rheinland
• Thermo Fisher Scientific
• Bureau Veritas
• Eurofins Central Analytical Laboratories
• Accugen Laboratories
• Adpen Laboratories
• Vanguard Sciences
Ingredient Authentication Testing Market Insights
Lucintel forecasts that plant-derived sources is expected to witness highest growth over the forecast period due to significant role in ingredient authentication testing.
Within this market, chromatography will remain the highest segment due to versatility and accuracy.
North America is expected to witness highest growth over the forecast period due to stringent regulations and advanced technology adoption.
Features of the Global Ingredient Authentication Testing Market
Market Size Estimates: Ingredient authentication testing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ingredient authentication testing market size by technology, source of origin, and region in terms of value ($B).
Regional Analysis: Ingredient authentication testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, source of origin, and regions for the ingredient authentication testing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ingredient authentication testing market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for ingredient authentication testing market?
Answer: The global ingredient authentication testing market is expected to grow with a CAGR of 9.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the ingredient authentication testing market?
Answer: The major drivers for this market are increasing consumer awareness & demand for authentic products and rising incidents of food fraud & counterfeiting.
Q3. What are the major segments for ingredient authentication testing market?
Answer: The future of the ingredient authentication testing market looks promising with opportunities in the polymerase chain reaction, chromatography, and spectroscopy markets.
Q4. Who are the key ingredient authentication testing market companies?
Answer: Some of the key ingredient authentication testing companies are as follows:
• Agilent Technologies
• Qiagen
• Authen Technologies
• Rheinland
• Thermo Fisher Scientific
• Bureau Veritas
• Eurofins Central Analytical Laboratories
• Accugen Laboratories
• Adpen Laboratories
• Vanguard Sciences
Q5. Which ingredient authentication testing market segment will be the largest in future?
Answer: Lucintel forecasts that plant-derived sources is expected to witness highest growth over the forecast period due to significant role in ingredient authentication testing.
Q6. In ingredient authentication testing market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to stringent regulations and advanced technology adoption.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ingredient authentication testing market by technology (polymerase chain reaction, chromatography, spectroscopy , and others), source of origin (plant, animal, bacteria, fungal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ingredient Authentication Testing Market, Ingredient Authentication Testing Market Size, Ingredient Authentication Testing Market Growth, Ingredient Authentication Testing Market Analysis, Ingredient Authentication Testing Market Report, Ingredient Authentication Testing Market Share, Ingredient Authentication Testing Market Trends, Ingredient Authentication Testing Market Forecast, Ingredient Authentication Testing Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Ingredient Authentication Testing Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Ingredient Authentication Testing Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Ingredient Authentication Testing Market by Technology
3.3.1: Polymerase Chain Reaction
3.3.2: Chromatography
3.3.3: Spectroscopy
3.3.4: Others
3.4: Global Ingredient Authentication Testing Market by Source of Origin
3.4.1: Plant
3.4.2: Animal
3.4.3: Bacteria
3.4.4: Fungal
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Ingredient Authentication Testing Market by Region
4.2: North American Ingredient Authentication Testing Market
4.2.2: North American Ingredient Authentication Testing Market by Source of Origin: Plant, Animal, Bacteria, Fungal, and Others
4.3: European Ingredient Authentication Testing Market
4.3.1: European Ingredient Authentication Testing Market by Technology: Polymerase Chain Reaction, Chromatography, Spectroscopy, and Others
4.3.2: European Ingredient Authentication Testing Market by Source of Origin: Plant, Animal, Bacteria, Fungal, and Others
4.4: APAC Ingredient Authentication Testing Market
4.4.1: APAC Ingredient Authentication Testing Market by Technology: Polymerase Chain Reaction, Chromatography, Spectroscopy, and Others
4.4.2: APAC Ingredient Authentication Testing Market by Source of Origin: Plant, Animal, Bacteria, Fungal, and Others
4.5: ROW Ingredient Authentication Testing Market
4.5.1: ROW Ingredient Authentication Testing Market by Technology: Polymerase Chain Reaction, Chromatography, Spectroscopy, and Others
4.5.2: ROW Ingredient Authentication Testing Market by Source of Origin: Plant, Animal, Bacteria, Fungal, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Ingredient Authentication Testing Market by Technology
6.1.2: Growth Opportunities for the Global Ingredient Authentication Testing Market by Source of Origin
6.1.3: Growth Opportunities for the Global Ingredient Authentication Testing Market by Region
6.2: Emerging Trends in the Global Ingredient Authentication Testing Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Ingredient Authentication Testing Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ingredient Authentication Testing Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Agilent Technologies
7.2: Qiagen
7.3: Authen Technologies
7.4: Rheinland
7.5: Thermo Fisher Scientific
7.6: Bureau Veritas
7.7: Eurofins Central Analytical Laboratories
7.8: Accugen Laboratories
7.9: Adpen Laboratories
7.10: Vanguard Sciences
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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