Global Analytical Standards Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

3 Mar, 2021

The analytical standards market consists of sales of analytical standards and related products by entities (organizations, sole traders, and partnerships) that manufacture analytical instruments. An analytical standard is a high-grade compound and a defined concentration to be used as a calibration standard for a specified experiment. Analytical standards are introduced in all fields such as veterinary, life sciences, food, and beverage, forensics, environmental and pharmaceutical industries.

Global Analytical Standards Market Size And Drivers:

The global analytical standards market is expected to grow from $1.34 billion in 2020 to $1.52 billion in 2021 at a compound annual growth rate (CAGR) of 11.8%. The market is expected to reach $1.98 billion in 2025 at a CAGR of 6.75%. The rising public concerns related to optimal food safety and quality are predicted to boost the growth of the analytical standards market over the coming years.

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Trends In The Global Analytical Standards Market

Technological advancement is a key trend gaining popularity in the analytical standards market. Major companies operating in the analytical standards sector are focusing on developing new technological solutions for analytical standards.

Global Analytical Standards Market Segments:
The global analytical standards market is further segmented based on type, technique, methodology, application, end user and geography.
By Type:Organic Standards, Inorganic Standards.
By Technique:Chromatography, Spectroscopy, Titrimetry, Physical Property Testing.
By Methodology:Bioanalytical Testing, Stability Testing, Raw material Testing, Dissolution Testing, Others.
By Application:Microbiology Testing, Physical Properties Testing, Toxicity Testing, Contamination Testing, QA/QC Testing, Proficiency Testing, Stability Testing, Others.
By End User:Food And Beverages Standards, Forensic Standards, Veterinary Drug Standards, Petrochemistry Standards, Environmental, Pharmaceutical And Life Science Standards.
By Geography:The global analytical standards market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global analytical standards market.

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Analytical Standards Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides analytical standards market overviews, analyzes and forecasts market size and growth for the global analytical standards market, analytical standards market share, analytical standards market players, analytical standards market segments and geographies, analytical standards market’s leading competitors’ revenues, profiles and market shares. The analytical standards market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.