Product ID: UCMIG20Q2001
Food Authenticity Market Size, Share, Growth Analysis, By Target Testing(Meat Speciation, Country of Origin & Aging), By Technology(Polymerase Chain Reaction Based, Liquid Chromatography-Mass Spectrometry), By Food Tested(Meat & Meat Product, Dairy & Dairy Products), By Region(North America, U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG20Q2001 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Food Authenticity Market Insights
Market Overview:
Food fraud occurs when food is purposefully altered for monetary gain with the intent of deceiving consumers or customers. The Food Standards Agency (FSA) identifies two primary targets for food fraud testing: the sale of unfit and potentially harmful food and the deliberate misdescription of food. Food authenticity testing is now used to distinguish between Welsh or Scottish lamb, farmed or wild salmon, and pure or sweetened fruit juice, in addition to identifying obvious substitutions such as whisky, horsemeat, or olive oil. The implementation of various food safety regulations, particularly in developed economies, drives the growth of the global food authenticity market.
Food Authenticity Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Research & Consulting Services by segment aggregation, the contribution of the Research & Consulting Services in Commercial & Professional Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Food Authenticity Market Report Snapshots
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