According to the latest report by IMARC Group, titled “Food Authenticity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global food authenticity market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.
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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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.
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.
Food Authenticity Market 2021-2026 Competitive Analysis and Segmentation:
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.
Some of these key players include:
- 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
Key Market Segmentation:
The report has segmented the global jewellery market on the basis of target testing, technology, food tested and region.
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
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/food-authenticity-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- 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.
About Us
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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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