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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Food authenticity refers to testing food and beverages in laboratories to examine their quality and ensuring authenticity. It involves running validation, quality, purity level and usage preference checks for ensuring the legitimacy of label claims on the product. Some commonly used techniques include deoxyribonucleic acid (DNA) testing, chromatography, microscopy, polymerase chain reaction (PCR), immunoassay and food allergen analysis. These tests aid in detecting deliberate substitution, addition, tampering and misrepresentation of food, ingredients and packaging or false and misleading statements regarding the product for economic gain. Food authentication tests are commonly used for confectionaries, packaged foods, meat-based and dairy-based products, cereals, grains, pulses, juices, edible oils, alcohols and processed foods.
The rising incidence of frauds, false labeling, certification and adulterations in food products is one of the key factors driving the growth of the market. Moreover, the increasing awareness among consumers regarding food quality is providing a thrust to the market growth. PCR-based tests are widely used to check food authenticity in meat-based food products. It is a molecular technique that uses DNA to analyze meat and other food products, providing precise results on testing. The test amplifies fragments of DNA extracted from the product samples to accurately identify the DNA of each species in the product. This enables cross-checking of the authenticity of the product and confirmation of the claims. Additionally, various technological advancements, such as the development of remote testing kits and analytical testing software, are acting as other growth-inducing factors. These solutions assist in maintaining transparent supply chains through efficient data sharing and early warning systems. Other factors, including significant growth in the food and beverage industry across the globe, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global food authenticity market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on target testing, technology and food tested.
Breakup by Target Testing:
Breakup by Technology:
Breakup by Food Tested:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.) and SGS SA.
|Base Year of the Analysis||2020|
|Segment Coverage||Target Testing, Technology, Food Tested, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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.) and SGS SA.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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