Global Shelf Life Testing Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
12 May, 2023
The global shelf life testing market size is expected to grow from $3.83 billion in 2022 to $4.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global shelf life testing market size is expected to grow to $5.62 billion in 2027 at a CAGR of 7.7%.
Global Shelf Life Testing Market Key Driver
High demand for packaged foods is expected to propel the growth of the shelf life testing market going forward. Packaged foods refer to food that has its entire surface covered to protect it from damage, contamination, spoilage, pest attacks, and tampering during transport and storage, either by permeable or impermeable wrapping. Shelf-life testing is essential to determine the safety of the packaged food and ensure that food is free of physical, chemical, and biological hazards, thereby protecting the customers from food-borne diseases.
Get a Sample of the global shelf life testing market reportGlobal Shelf Life Testing Market Segments
The global shelf life testing market is segmented:
1) By Technology: Equipment And Kit-Based, Manual Tests
2) By Parameter: Microbial Contamination, Rancidity, Nutrient Stability, Organoleptic Properties, Other Parameters
3) By Method: Real-Time Shelf Life Testing, Accelerated Shelf-Life Testing
4) By Food Tested: Packaged Food, Beverages, Bakery And Confectionery Products, Meat And Meat Products, Dairy Products And Desserts, Processed Fruits And Vegetables, Other Food Tests
5) By Geography: The regions covered in the shelf life testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Europe accounts for the largest share in the global shelf life testing market.
Major Shelf Life Testing Industry Players
SGS SA, Bureau Veritas, Eurofins Global, Intertek Group plc, Mérieux NutriSciences Corp., ALS Ltd., AsureQuality, RJ Hill Laboratories, SCS Global, Agrifood Technology, Symbio Laboratories.
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Shelf Life Testing Market Overview
Shelf life testing is the process of testing different parameters and quality factors of food to determine how rapidly microbiological, chemical, and physical changes occur in food during distribution and storage.
Shelf Life Testing Global Market Report 2023 provides data on the global shelf life testing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The shelf life testing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.