Food Authenticity Market Driver Analysis Ben Bishop Stars Jersey , Scope & Assumptions by 2025 by rajsingh50901 · January 10, 2019
Overall, with the rise in food frauds and food deception in the market on a global scale, the global food authentication market is anticipated to grow at a higher CAGR during the forecast period.
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The key driving factors responsible for the growth of food authenticity market includes growth in economically motivated adulterations owing to high competition and rise in incidences of food frauds. In a highly competitive, food frauds due to economically motivated adulterations are increasing. On the basis of technology, the global food authenticity market is segmented into PCR-based, LC-MSMS Esa Lindell Stars Jersey , isotope. PCR based segment is anticipated to grow at a higher CAGR during the forecast period owing to reliability and wide use. On the basis of food testing, the global food authenticity market is segmented into meat speciation, dairy and processed foods.
On the basis of geographic segmentation, the global food authenticity market spans North America, Europe, Asia-Pacific Middle-East and Africa. APAC market is projected to be fastest growing market owing to growth in food safety among consumers. The market is growing at a higher CAGR owing to rise in stringent food regulations across regions. North America dominates the global market due to stringent food regulations existing across US countries. The key players in the global food authenticity market include SGS SA Tyler Pitlick Stars Jersey , Intertek Group Plc, Eurofins Scientific, ALS Limited, LGC Science Group Ltd, Merieux Nutrisciences Corportaion, Microbac Corporation Inc Devin Shore Stars Jersey , EMSL Analytical Inc, Romer Labs Diagnostics GmbH, Genetic ID, Inc.
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