Opportunities for New Market Entrants in Food Safety Testing Market
The Food Safety Testing Market is estimated at USD 21.1 billion in 2022; it is projected to grow at a CAGR of 8.1% to reach USD 31.1 billion by 2027, according to a new report by MarketsandMarkets™.
The importance of food safety testing is rising as a result of growing public interest in food safety and quality issues, as well as the ability to broadcast these issues quickly via social media...
Food Safety Testing Market: Growth Opportunities and Recent Developments
The market for food safety testing is estimated to be USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026. The growth in the food safety testing market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply. Lack of coordination...
Industrialization and Urbanization to Drive the Growth of Distillation Systems Market
The distillation systems market was valued at USD 5.94 billion in 2017; it is projected to grow at a CAGR of 5.1%, to reach USD 7.91 billion by 2023.
Factors such as growing industrialization and urbanization have significantly fueled the market growth of distillation systems for various industrial applications. Increasing urbanization leads to a surge in demand for water treatment systems...
Technological Innovations in Refrigerated Systems and Equipment to Drive the Market for Refrigerated Transport
The global refrigerated transport market is estimated to be valued at USD 14.64 billion in 2018 and is projected to reach USD 19.29 billion by 2023, recording a CAGR of 5.67% during the forecast period. The growth of the refrigerated transport market is attributed to an increase in the demand for temperature-controlled food across the globe, rise in globalization, and technological advancements in...
Water Testing & Analysis Market Growth, Trends, Analysis, & Forecast to 2019
The report “Water Testing & Analysis Market by Product (TOC, PH, DO, Conductivity, Turbidity), Product Type (Portable, Handheld, Benchtop), Application (Laboratory, Industrial, Environmental, Government) & Region – Global Trends & Forecast to 2019 “, This report defines and segments the water testing & analysis market with analyses and projections of the market size,...
Increase in Demand for Convenience Food Products With an Extended Shelf Life to Drive the Food Deaerators Market
The global food deaerators market was valued at USD 270 million in 2018 and is projected to reach USD 363 million by 2023, at a CAGR of 6.1% from 2018 to 2023. The key drivers of the market are the increasing beverage consumption, the growing demand for convenience food products with an extended shelf life, and reduced side-effects of high-dissolved oxygen in beverages. Increasing capital consumption...
Increasing Incidences of False Labeling & Certification Drives the Food Authenticity Testing Market
The food authenticity testing 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 major factors driving the market for food authenticity testing. Rising concerns pertaining to food authenticity among consumers has been witnessed over the last few decades. To align with...