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Food Authenticity Market categorizes the Global Market by Target Testing (Meat Speciation, Country of Origin & Ageing, Adulteration & False Labeling), Technology (PCR-Based, LC-MS/MS, Isotope), Food Tested (Meat, Dairy, Processed Foods), and Region.
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MarketsandMarkets Presents Food Authenticity Market Expected to Reach 7.50 Billion USD by 2022
The report "Food Authenticity Market by Target Testing (Meat Speciation, Country of Origin & Ageing, Adulteration & False Labeling), Technology (PCR-Based, LC-MS/MS, Isotope), Food Tested (Meat, Dairy, Processed Foods), and Region - Global Forecast to 2022", The food authenticity market is projected to reach USD 7.50 Billion by 2022, at a CAGR of 7.6% from 2016 to 2022. • Browse • 113market data Tables • 55 Figures • 206 pages and in-depth TOC on "Food Authenticity Market”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=157288822
The food authenticity market size is projected to reach USD 7.50 Billion by 2022, at a CAGR of 7.6% from 2016 to 2022. Growing awareness among consumers about food authenticity and regulations is one of the significant factor driving the market for food authenticity testing. Over the last few decades, there has been a significant increase in consumer concerns for food authenticity. Consumer awareness plays a vital role in implementing the quality & safety of food products through various means such as labeling, claims, and nutrition facts. The food authenticity market, based on target testing, has been segmented as meat speciation, country of origin, adulteration tests, and false labeling. The adulteration tests segment is projected to be the largest, and the meat speciation segment is projected to be the fastest-growing in the food authenticity market through 2022. Growing food frauds due to complexity of supply chain have driven the market. The European region dominated the food authenticity market in 2015. Food authenticity policies have been strengthened by the contributed efforts from National reference laboratories (NRLs), and EU Reference Laboratories (EURLs), and European Academy of Allergy and Clinical Immunology (EAAACI). Implementation of food safety regulations, large number of consumer complaints, and labeling compliance has driven the European food authenticity market. Asia-Pacific is the fastest growing food authenticity market. The growing international trading of food materials in the North American countries such as the U.S. have propelled the labeling requirement and authenticity confirmation in the foods. Research Methodology: Major regions were identified, along with countries contributing the maximum share Secondary research was carried out to determine the number of food authenticity cases and incidence in regions such as North America, Europe, Asia-Pacific, and RoW; trends for food testing industry, and their contribution
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific (Luxembourg), ALS Limited (Australia), LGC Science Group Ltd (U.K.), MerieuxNutrisciences Corporation (U.S), Microbac Laboratories Inc. (U.S.), EMSL Analytical Inc. (U.S.), Romer Labs Diagnostic GmbH (Austria), and Genetic ID NA, Inc. (U.S.). • Scope of the Report: • This research report categorizes the food authenticity market based on target testing, food tested, technology, and region. • Based on Target Testing, the market has been segmented as follows: • Meat speciation • Country of origin • Adulteration tests • False labeling • Based on Technology, the market has been segmented as follows: • PCR-based • LC-MS/MS • Isotope methods • Immunoassay-based • Others • Based on Food Tested, the market has been segmented as follows: • Meat & meat products • Dairy & dairy products • Processed foods • Ingredients • Cereals, grains, and pulses • Based on Region, the market has been segmented as follows: • North America • Europe • Asia-Pacific • RoW (Brazil, Argentina, and the Middle East) • Available Customizations
Based on Food Tested, the market has been segmented as follows: • Meat & meat products • Dairy & dairy products • Processed foods • Ingredients • Cereals, grains, and pulses • Based on Region, the market has been segmented as follows: • North America • Europe • Asia-Pacific • RoW (Brazil, Argentina, and the Middle East) • Available Customizations • Target Audience: • The stakeholders for the report are as follows: • Manufacturers, importers & exporters, traders, distributors, and suppliers of equipment, reagents, chemicals, and other related consumables • Food authenticity testing solutions providers • Food authenticity testing laboratories • Food processors • Food manufacturers • Government and research organizations • Trade associations and industry bodies
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