Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Analytical Standards Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Analytical Standards Market?
The Analytical Standards market has seen significant expansion in recent years. The market size is expected to rise from $1.68 billion in 2024 to $1.77 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.6%.
What Is the Forecasted CAGR for the Analytical Standards Market by 2029?
The Analytical Standards market is forecasted to reach a value of $2.34 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 7.3%.
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What Are the Market Drivers in the Analytical Standards Industry?
The key Drivers in the analytical standards market are:
• Growing public concern regarding food safety and quality
• Increased diseases due to consumption of contaminated and adulterated food
• Utilization of analytical techniques such as mass spectrometry and chromatography in food testing laboratories
• High rates of illness and deaths annually due to contaminated food consumption
What Is the Segment-Wise Breakdown of the Analytical Standards Market?
The analytical standardsmarket covered in this report is segmented –
1) By Type: Organic Standards, Inorganic Standards
2) By Technique: Chromatography, Spectroscopy, Titrimetry, Physical Property Testing
3) By Application: Bioanalytical Testing, Stability Testing, Raw Material Testing, Dissolution Testing, Microbiology Testing, Physical Properties Testing, Toxicity Testing, Contamination Testing, QA/QC Testing, Proficiency Testing, Other Applications.
4) By End User: Food And Beverages Standards, Forensic Standards, Veterinary Drug Standards, Petrochemistry Standards, Environmental, Pharmaceutical And Life Science Standards, Other End Users.
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Which Emerging Trends Are Driving Growth in the Analytical Standards Sector?
The key trends in the analytical standards market are:
• Companies are focusing on advancements in endotoxin testing solutions to increase efficiency and regulatory compliance.
• Rapid and sensitive monocyte activation tests (MAT) are emerging as a new standard in safety testing.
• New product launches offer innovative testing kits for pyrogen detection, offering efficient alternatives to traditional methods.
• The trend points towards enhanced sensitivity and reduced interference in detection of bacterial endotoxins.
Which Companies Are Dominating the Analytical Standards Market in Terms of Revenue?
The key players in the analytical standards market are:
• Merck KGaA
• Agilent Technologies Inc
• Thermo Fisher Scientific Inc
• Waters Corporation
• PerkinElmer Inc.
• Mallinckrodt
• LGC Standards
• Restek Corporation
• GFS Chemicals Inc
• RICCA Chemical Company
• Spectro Analytical Labs
• Takara Bio Inc
• Shimadzu corporation
• GL sciences Inc
• Tosoh corporation
• TCI chemicals
• Cambridge Isotope Laboratories
• Seron Technologies
• Starna Scientific ltd
• Bernd Kraft GmbH
• VICI AG International
• Armin
• European Directorate for the Quality of Medicines & HealthCare (EDQM)
• Nanolek
• Wessling Romania SRL
• Anahem
• Trilogy Europe B.V
• Alpen Pharma AG
• Spex Certiprep
• Accustandard
• Cayman Chemical Company
• SGS
• JLA Argentina
• Galab Peru
• NSF-INASSA
• Huber group
• Eurofins
• Alicorp
• Gulf Bio Analytical
• GHP Testing & Calibration Lab
• Lab Gulf
• Industrial Analytical (Pty) Ltd
• USP
• Mettler-Toledo LLC
• OI Corporation
• Bruker Corporation
What Are the Regions Driving Demand in the Analytical Standards Market?
North America was the largest region in the analytical standards market in 2024
