Food and Beverages
Infant Formula Testing Market Expected to Grow at a CAGR of 6.9% to reach revenue of $20.26billion by 2023.
According to the new market research report by IndustryARC titled “Infant Formula Testing Market ”By Test Type (Allergens Testing, Adulteration Testing, Nutritional Analysis, Microbiology Testing), By Technology (NMR Spectroscopy, PCR, Chromatography, Mass Spectrometry, Immunoassay) & By Geography-Forecast(2017-2023), the market is driven By the growing infant population across the globe, increase in the number of infant formula products and strict regulations.
The Asia Pacific dominates the Infant Formula Testing Market during the Forecast Period
Asia-Pacific holds a major share in the Infant Formula Testing Market, followed by Americas. Rest of the world includes the Middle East and Africa. Increase in product introductions and establishment of new regulations drives the growth of RoW. The Asia-Pacific region is driven by large economic developments in China and other developing countries. China is the largest market in Asia-Pacific, with a share of 26.5% in the market. Asia Pacific will experience a growth of $53.4 million by 2023 with a CAGR of 7.9%.
Americas has a huge penetration of baby formula ingredients which drives the need for adulteration testing to be carried out so that contamination is avoided and labeling is enhanced through proper nutritional analysis.
Selected Analysis was done in the full Report:
NMR Spectroscopy or Nuclear Magnetic Spectroscopy is a testing technique in which the nucleus of an atom absorbs the magnetic field and emits an electromagnetic field. It can detect adulterants such as melamine, dicyandiamide, protein hydrolysates added to the milk or milk powder for enhancing the protein level. It even improves the detection of addition of sugar in honey.
NMR Spectroscopy can also detect fat content in baby food that is responsible for illnesses conditions related to heart or other concerns. It holds importance in fat labeling. The targeted information of NMR consists of quantification of defined compounds, whereas non-targeted information consists of identification of deviation from typical spectral patterns.
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Excerpts on Market Growth Factors
- Stringent regulations on the infant formula products enhance microbiology and allergen testing. This factor will drive the growth of the infant formula testing laboratories during the forecast period.
- The growing focus on nutritional labeling will also boost the demand for infant formula testing requirements.
- The aim to reduce adulteration products will benefit the Infant Formula Testing Market in the coming years.
- Presence of rapid resting methods drives the growth of infant formula testing products.
- Introduction
- Allergens Testing
- Adulteration testing
- Nutritional Analysis
- Microbiology Testing
- Others
- Introduction
- NMR Spectroscopy
- Chromatography
- Mass Spectrometry
- Polymerase Chain Reaction
- Immunoassay
- Others
- BUREAU VERITAS S.A.
- ELISA TECHNOLOGIES
- EUROFINS SCIENTIFIC S.E.
- INTERTEK GROUP PLC
- SGS SA
- AGILENT TECHNOLOGIES
- COVANCE
- THERMO FISHER SCIENTIFIC
- SILLIKER
- ACCUGEN LABORATORIES
- Company 11
- Company 12
- Company 13
- Company 14
- Company 15+
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Market Shares Analysis
- Pricing Analysis 15. Value Chain Analysis
- Top 10 End user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
- Does IndustryARC publish country or application based reports in Infant Formula Testing segment?
- Americas Infant Formula Testing Market(2018-2023)
- Europe Infant Formula Testing Market(2018-2023)
- Asia Pacific Infant Formula Testing Market(2018-2023)
- NMR Spectroscopy Infant Formula Testing Market(2018-2023)
- Chromatography Infant Formula Testing Market(2018-2023)
- Does IndustryARC provide customized reports and charge additionally for limited customization?
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