Global Food and Beverage Testing Kits Market

Food authenticity is used to reveal the identity or purity of food and food products. Food authenticity means an accurate and appropriate representation of the food and its ingredients to the customer (whether that be another food company or the final consumer). Food is regarded as authentic or genuine if the food or its contents match the original condition and the label information. Food authenticity enables consumers to get what they pay for and increases their overall level of trust in food. The main types of target testing in food authenticity are meat speciation, false labeling, adulteration tests, country of origin, and aging. Meat speciation refers to the fraudulent practice of substituting or blending cheaper varieties of meat, which is unacceptable for health, religious, and economic reasons. The different foods tested include meat and meat products, dairy and dairy products, cereal, grain, and pulses, processed foods, and others. The technologies involved are polymerase chain reaction-based, liquid chromatography-mass spectrometry, isotope methods, immunoassay-based based/Elisa, and others. The food authenticity market research report is one of a series of new reports from The Business Research Company that provides food authenticity market statistics, including global market size, regional shares, competitors with food authenticity market share, detailed food authenticity market segments, market trends and opportunities, and any further data you may need to thrive in the food authenticity industry. This food authenticity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global food authenticity market size grew from $7.32 billion in 2022 to $7.81 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. 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 food authenticity market size is expected to grow to $10.15 billion in 2027 at a CAGR of 6.8%. Rising food fraud is expected to propel the growth of the food authenticity market going forward. Food fraud, like food defense, falls under the umbrella of food protection. Both can be economically driven, but the objective of food fraud is monetary gain, whereas the purpose of food defense is to do harm by any kind of intentional, malicious adulteration or economic disruption, and is often ideologically motivated. Food authenticity is a positive way of approaching the problem of food fraud. It is a process that proves if a food or food ingredient is original or genuine and can be verified as such. For instance, in June 2022, an annual operation against food fraud coordinated by Interpol, an Austria-based intergovernmental organization, and Europol, a Netherlands-based government agency, announced that from December 2020 to June 2021, 15,451 tonnes of unlawful items worth $55 million (€53.8) million were collected across 72 countries. In comparison to the previous operation conducted by Europol, named OPSON IX, which covered the same time period from 2019 to 2020, the rise was 28% and 16%, respectively. Hence rising food fraud is driving the growth of the food authenticity market. New product innovations are a key trend gaining popularity in the food authenticity market. Major companies operating in the food authenticity sector are focused on developing new advanced technology to gain a competitive advantage. For instance, in February 2021, HEBE LIFE, a UK-based nutricosmetics and rejuvenating supplements company, launched Eltronis' cloud-based software solution, called Engage. Eltronis is a Romania-based specialty and security printing company. With Engage, marketers will have a straightforward yet complex tool to connect their products to the internet via consumers' smartphones. Engage is intended to assist brands in fending off imitations. Eltronis states that the HEBE LIFE label design contains various security components that make it impossible to replicate, while the material allows it to be effectively fastened to the supplement packaging. In March 2021, ALS, an Australia-based company that provides testing, inspection, certification, and verification services, acquired Investiga Group for an undisclosed amount. Through this acquisition, ALS would serve as a platform to improve ALS' leadership and footprint in the area and broaden its offering to clients as part of its strategic growth plan for non-cyclical enterprises. Investiga Group is a Brazil-based company that specializes in, sensory studies, consumer studies, pharmaceutical, and food industries. Major players in the food authenticity market are SGS S.A., Intertek Group PLC., Eurofins Scientific SE, ALS Limited, LGC Science Group Ltd., Mérieux Nutrisciences Corporation, Microbac Laboratories Inc., EMSL Analytical Inc., Romer Labs Diagnostic GmbH, and Genetic ID NA Inc. North America was the largest region in the food authenticity market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food authenticity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food authenticity market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food authenticity market includes revenues earned by entities by providing food testing services, quality assurance, food safety. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food authenticity market is segmented - 1) By Target Testing: Meat Speciation, False Labelling, Adulteration Tests, Country of Origin and Aging 2) By Food Tested: Meat and Meat Product, Dairy and Dairy Product, Cereal, Grain, and Pulse, Processed Food, Other Food Tests 3) By Technology: Polymerase Chain Reaction Based, Liquid Chromatography-Mass Spectrometry, Isotope Method, Immunoassay Based or ELISA, Other Technologies

Food testing kits are specifically designed for testing and detection of pathogens, meat species, GMOs, allergen, and mycotoxin in the food. These kits are more efficient and effective to test the integrity and quality of foods. Food testing is important for standard quality control, and it begins with laboratory or field testing. The main types of technologies included in food testing kits are PCR-based, immunoassay-based, and enzyme substrate-based testing kits. PCR-based food testing kits are used to detect foodborne bacteria and other essential food safety and quality targets rapidly and accurately. Rapid reporting will empower users’ operations, allowing for speedier product release and intervention. Food safety PCR assays detect key pathogens and other relevant targets in food and environmental materials in a qualitative manner. The food testing kits target pathogens, meat species, GMOs, allergens, mycotoxins, others. The different types of samples include meat, poultry, and seafood, dairy products, packaged food, fruits and vegetables, cereals, grains, and pulses, nuts, seeds, and spices and others. The food testing kits market research report is one of a series of new reports from The Business Research Company that provides food testing kits market statistics, including food testing kits industry global market size, regional shares, competitors with a food testing kits market share, detailed food testing kits market segments, market trends and opportunities, and any further data you may need to thrive in the food testing kits industry. This food testing kits market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food testing kits market size grew from $2.56 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. 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 food testing kits market size is expected to grow to $3.98 billion in 2027 at a CAGR of 9.3%. The rising cases of food-borne illness is expected to propel the growth of the food testing kits market in the coming years. The term food-borne illness is a condition induced by intake of contaminated food or drink. Food testing kits can be of great use to reduce the chances of ingesting contaminated food and hence, reducing food-borne illnesses. According to the World Health Organization (WHO) report in 2020, every year an estimated 600 million individuals, nearly one out of every ten people on the planet become unwell after eating tainted food. The surge in food-borne illness has led to increased focus on food safety for people, thereby contributing to the growth of the food testing kits market. Technological advancements are a key trend gaining popularity in the food testing kits market. Rapid analytical food testing kits (RAFT), a new technology that allows people to use kits that detect and identify food pathogens, food allergens, food adulterants, pesticide leftovers, food pathogens, antibiotics/drug residues, and other harmful food toxins that contaminate the food products. These kits enable users to gain more assurance and check the quality of their food as well as protecting them from illnesses. For instance, in December 2020, Eurofins Technologies, a Hungary-based supplier of test kits and systems for laboratory analyses, launched the SENSIStrip Allergen product range. SENSIStrip Allergen kits are immunoassay-based, simple to use and rapid tests that need only a short incubation time. In terms of food matrices, rinse water, and machinery, this ensures adequate allergy management at various phases of the food manufacturing process. In September 2021, Battery Ventures, a US-based technology-focused investment firm, acquired ifp, the Institut für Produktqualität GmbH, for an undisclosed amount. With this acquisition, Battery Ventures aims to target the food safety kits technological market. Battery ventures will leverage the safety and development labs of ifp Institut für Produktqualität GmbH to enter the food safety sector. ifp Institut für Produktqualität GmbH is a Germany-based company engaged in manufacturing diagnostic test kits for detection of GMOs, food allergens, vitamins, pathogens, and other substances. Major players in the food testing kits market are Agilent Technologies, Bio-Rad Laboratories Inc., BioMérieux, EnviroLogix Inc., Eurofins Scientific, Merck Millipore, Neogen Corporation, PerkinElmer Inc., Qiagen, Romer Labs Inc., Thermo Fisher Scientific, Danaher Corporation, Erber Group, DNA Diagnostic A/S, Elabscience, and Creative Diagnostics. North America was the largest region in the food testing kits market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the food testing kits report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the food testing kits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food testing kits market consists of sales of rapid food adulteration detection kits to check targeted pathogens, meat species, GMOs, allergen, mycotoxin, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food testing kits market is segmented - 1) By Technology: PCR-based, Immunoassay-based, Enzyme Substrate-based 2) By Target Tested: Pathogens, Meat Species, GMOs, Allergens, Mycotoxins, Other Target Tested 3) By Sample: Meat, Poultry, And Seafood, Dairy Products, Packaged Food, Fruits and Vegetables, Cereals, Grains, and Pulses, Nuts, Seeds, and Spices, Other Samples

Food pathogen detection technology refers to a method where pathogens in agro-food are found by growing microorganisms on agar plates, followed by routine, precise serological and biochemical testing for identification. This technique is based on the capability of bacteria to grow and form colonies in agar media. The main types of food pathogen detection technology are traditional (quantitative culture and qualitative culture), rapid (convenience, polymerase chain reaction, and immunoassay). The types of food tested include meat and poultry, dairy, processed food, fruits and vegetables, cereals, and grains to detect E. coli, salmonella, listeria, campylobacter, and others (norovirus and rotavirus). Listeria is a pathogenic (disease-causing) bacteria found in moist environments, such as soil, water, decaying vegetation, and animals, and it can survive and even grow under refrigeration and other food preservation methods. The food pathogen detection technology market research report is one of a series of new reports from The Business Research Company that provides food pathogen detection technology market statistics, including food pathogen detection technology industry global market size, regional shares, competitors with a food pathogen detection technology market share, detailed food pathogen detection technology market segments, market trends and opportunities, and any further data you may need to thrive in the food pathogen detection technology industry. This food pathogen detection technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global food pathogen detection technology market grew from $4.76 billion in 2022 to $5.13 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. 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 food pathogen detection technology market is expected to grow from $6.9 billion in 2027 at a CAGR of 7.7%. An increase in the outbreak of foodborne illness across the world contributed to the growth of the food pathogen detection technology market. According to a report published by WHO in 2020, almost every tenth person falls ill due to pathogens and 420,000 people die every year after getting infected by foodborne illness. Diarrhea is the most common disease caused by contaminated food and almost 550 million people (including 220 million children under 5 years of age) are affected by diarrhoeal diseases. The upsurge in the occurrence of foodborne diseases among the global population increased the demand for food pathogen detection technology, thus driving the market’s growth. The lack of food control infrastructure in developing countries is a major restraint on the food pathogen detection technology market. Food control infrastructure in many developing countries is generally inadequate due to limited resources and poor management. Food control laboratories are often not well equipped and do not have trained staff. Food control systems also face poorly developed compliance guidelines in many developing countries. According to WHO, foodborne hazards are responsible for 137,000 deaths and 91 million acute illnesses in Africa every year. Further, foodborne diseases are estimated to sicken 48 million people in the United States each year, hospitalize 128,000 people, and kill 3,000 people, according to the Centers for Disease Control and Prevention. Therefore, poor food control infrastructure in developing countries is expected to restrain the food pathogen detection technology market in the forecast period. Genetic testing technology is being increasingly used for the rapid, sensitive, and reliable detection of pathogens in food. Genetic testing techniques identify the problem even when the pathogens are just formed or are in tiny concentration. For instance, in July 2022, 1health, a US-based software platform that enables diagnostic testing results to be accurately delivered in minutes, in partnership with Apollo Health Group, launched Apollo’s specialized high performing NGS tests. The Apollo Health Group is automating difficult genetic testing workflows and doing rid of risky paper-based procedures. Physicians around the United States can now register, make orders digitally and securely, and process test results promptly and securely via 1health's online platform. In August 2020, Smiths Detection, a UK-based leader in threat detection and screening technologies for aviation, ports, and borders, and so on, acquired PathSensors for an undisclosed amount. The acquisition strengthens Smiths Detection's biological detection capabilities for a variety of end markets, including food and agricultural safety, pathogen detection, and pathogen detection. PathSensors is a US-based bioscience company that provides pathogen detection capabilities to several industries, including food safety, agriculture, and security. Major players in the food pathogen detection technology market are SGS SA, Bureau Veritas S.A., Intertek Group PLC., Eurofins Scientific, Silliker Inc., IFP Institut Für Produktqualität GmbH, ALS Limited, Asurequality, Microbac Laboratories Inc., Genetic Id Na Inc., Thermo Fisher Scientific Inc., QIAGEN, 3M, Agilent Technologies Inc., Neogen Corporation, bioMerieux SA, Merieux NutriSciences Corporation, DNA Diagnostic A/S, Instant Labs, Neogen Food Safety, Romer Labs Division Holding GmbH, Merck KGaA, Charm Sciences, Invisible Sentinel, Promega Corporation, Genon Laboratories Ltd., Genevac Ltd., Lloyd’s Register Quality Assurance Limited, Campden BRI, Det Norske Veritas As (Dnv) and ILS Limited. North America was the largest region in the global food pathogen detection technology market in 2022. The Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the global food pathogen detection technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the food pathogen detection technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The food pathogen detection technology market includes revenues earned by entities by providing safe food supplies and preventing foodborne diseases. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organisations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain or as part of other products. The global food pathogen detection technology market is segmented - 1) By Technology: Traditional (Quantitative Culture And Qualitative Culture), Rapid (Convenience, Polymerase Chain Reaction, and Immunoassay) 2) By Food Type: Meat & Poultry, Dairy, Processed Food, Fruits & Vegetables, Cereals & Grains 3) By Type: E. Coli, Salmonella, Listeria, Campylobacter, Other Types (Norovirus And Rotavirus)

Medical equipment are devices that can be instrument, apparatus or machine that can be used in the prevention, diagnosis or treatment of illness or disease, or for detecting, measuring, restoring, correcting or modifying the structure or function of the body for health purpose. The main types of medical equipment are in-vitro diagnostics, dental equipment and supplies, ophthalmic devices, diagnostic imaging equipment, cardiovascular devices, hospital supplies, surgical equipment, orthopedic devices, patient monitoring devices, diabetes care devices, nephrology and urology devices, ENT devices, anesthesia and respiratory devices, neurology devices, and wound care devices. In-vitro diagnostics are tests done on samples like blood or tissue that is taken from the human body. In-vitro diagnostics will detect diseases or other conditions and are used to monitor a person’s overall health to cure, treat, or prevent diseases. The type of expenditure involved is public and private. The various product are instruments/equipment and disposables. The various end users involved are hospitals and clinics, homecare, diagnostics centres, and others. The medical equipment market research report is one of a series of new reports from The Business Research Company that provides medical equipment market statistics, including medical equipment industry global market size, regional shares, competitors with a medical equipment market share, detailed medical equipment market segments, market trends and opportunities, and any further data you may need to thrive in the medical equipment industry. This medical equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global medical equipment market grew from $639.75 billion in 2022 to $695.05 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. 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 medical equipment market is expected to grow to $922.39 billion in 2027 at a CAGR of 7.3%. The rise in sedentary jobs, busy lifestyles, and changing consumer preferences are affecting the disease profile of the world population, especially non-communicable diseases such as cancer, diabetes, and cardiovascular diseases. Long working hours, less physical activity, and unhealthy eating and drinking habits are major causes of chronic diseases such as diabetes. According to the World Health Organization, chronic disease prevalence is expected to rise by 57% globally, by the year 2020. This is increasing the demand for medical devices used in the diagnosis, prognosis, and treatment of several diseases, thereby driving the demand for medical equipment. These factors are expected to increase the patient pool globally, thereby driving the market during the forecast period. Regulatory changes are likely to lead to increased costs relating to new product development and service offerings to clients. These changes are related to customer data protection such as the European Union's General Data Protection Regulation (GDPR), changes to equipment approval procedures, and other regulatory changes. For instance, according to cookieyed data 2021, in the US, PwC reported that 68% of 200 businesses surveyed intended to spend between $1 million and $10 million to comply with GDPR regulations. The GDPR regulation is an EU law on data protection and privacy of individuals residing in the European Union and the European Economic Area (EEA). It also regulates the export of personal data outside the EU and EEA areas. Additionally, the FDA is requesting more clinical data to support claims, therefore increasing the time to process 510(k)s by over 55% over the last decade. The potential loss of revenue due to delays in product release and additional costs incurred due to stringent approval processes puts a strain on investments relating to new product development, thereby affecting the growth of the medical equipment market. Device performance and patient data are available to healthcare service providers and are helping them to improve patient monitoring and overall care quality. Some companies are integrating medical device data with EMR (Electronic Medical Records) to improve transparency and collaboration. As consumer wearables are becoming more common, patient data volumes are increasing and companies are investing in deploying data management, warehousing, and security technologies. For example, Medtronic launched a tool to augment their cardiac devices to securely transfer device data to doctors and allow them to monitor the critical health indicators of their patients. Major companies in the medical equipment market include Medtronic Inc., Abbott Laboratories, Johnson & Johnson, Cardinal Health, Inc., Becton Dickinson, Siemens AG, STRYKER CORPORATION, Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd., and Boston Scientific Corporation. North America was the largest region in the global medical equipment market in 2022. Asia-Pacific was the second largest region in the global medical equipment market. The regions covered in the medical equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the medical equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa., South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The medical equipment market consists of sales of devices used in the diagnosis, treatment and monitoring of medical conditions. The market includes diagnostic devices, imaging devices, surgical devices and patient monitoring devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global medical equipment market is segmented - 1) By Type: In-Vitro Diagnostics, Dental Equipment And Supplies, Ophthalmic Devices, Diagnostic Imaging Equipment, Cardiovascular Devices, Hospital Supplies, Surgical Equipment, Orthopedic Devices, Patient Monitoring Devices, Diabetes Care Devices, Nephrology And Urology Devices, ENT Devices, Anesthesia And Respiratory Devices, Neurology Devices, Wound Care Devices 2) By Type of Expenditure: Public, Private 3) By Product: Instruments/Equipment, Disposables 4) By End User: Hospitals And Clinics, Homecare, Diagnostics Centers, Other End Users Subsegments Covered: Point-of-Care Diagnostics Devices And Equipment, Immunochemistry Diagnostic Devices And Equipment, Clinical Chemistry Diagnostics Devices And Equipment, Molecular Diagnostics Devices And Equipment, Microbiology Diagnostic Devices And Equipment, Hemostasis Diagnostic Devices And Equipment, Hematology Diagnostic Devices And Equipment, Immunohematology Diagnostic Devices And Equipment, Therapeutic Dental Equipment, General Dental Devices And Equipment, Dental Diagnostic Imaging Devices And Equipment, Dental Surgical Devices And Equipment, Vision Care Devices And Equipment, Cataract Surgery Devices And Equipment, Refractive Surgery Devices And Equipment, Diagnostic And Monitoring Ophthalmic Devices And Equipment, X-Ray Systems Devices And Equipment, Ultrasound Systems Devices And Equipment, Computed Tomography (CT) Scanners Devices And Equipment, Magnetic Resonance Imaging Systems Devices And Equipment, Cardiovascular Monitoring And Diagnostic Devices And Equipment, Nuclear Imaging Devices And Equipment, Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment, Interventional Cardiology Devices And Equipment, Defibrillator Devices And Equipment, Peripheral Vascular Devices And Equipment, Prosthetic Heart Valve Devices And Equipment, Electrophysiology Devices And Equipment, Cardiac Assist Devices And Equipment, Disposable Hospital Supplies, Sterilization Equipment And Disinfectants, Mobility Aids And Transportation Equipment, Operating Room Equipment, Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment, Joint Reconstruction Devices And Equipment, Spinal Surgery Devices And Equipment, Trauma Fixation Devices And Equipment, Orthobiologics Devices And Equipment, Arthroscopy Devices And Equipment, Orthopedic Braces And Support Devices And Equipment, Craniomaxillofacial (CMF) Devices And Equipment, Orthopedic Prosthetics, Orthopedic Accessories,, Fetal And Neonatal Monitoring Devices, Weight Monitoring And Body Temperature Monitoring Devices And Equipment, Vital Parameter Monitoring Devices And Equipment, Remote Patient Monitoring Devices And Equipment, Blood Glucose Test Strips, Insulin Pens, Syringes, Pumps And Injectors, Lancing Devices And Equipment, Continuous Glucose Monitoring Devices And Equipment, Blood Glucose Meters, Dialysis Devices And Equipment, Urinary Stone Treatment Devices And Equipment, Urinary Incontinence & Pelvic Organ Prolapse Devices And Equipment, Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment, Endoscopy Devices And Equipment, Hearing Aid Devices And Equipment, Hearing Diagnostic Devices And Equipment, ENT Surgical Devices And Equipment, Hearing Implants, Voice Prosthesis Devices And Equipment, Nasal Splints, Respiratory Devices And Equipment (Therapeutic And Diagnostic), Anesthesia Machines, Anesthesia Disposables, Respiratory Disposables, Cerebrospinal Fluid Management (CSF) Devices And Equipment, Interventional Neurology Devices And Equipment, Neurosurgery Devices And Equipment, Neurostimulation Devices, Traditional Adhesive Dressings, Negative-pressure Wound Therapy (NPWT), Traditional Gauze Dressings, Advanced Wound Care Devices

GMO testing qualifies and quantifies genetically modified organisms present in the food or feed samples to meet the appropriate national and international controls, performs independent verification to trade in confidence with countries specifying GMO-free products, and prevents cross-contamination throughout the supply chain. The main types of traits in GMO testing are stacked herbicide tolerance and insect resistance. The stacked GMO testing detects the stacked genes in which two or more transgenes of interest are combined into a single crop. The different technologies include polymerase chain reaction (PCR), and immunoassay and involve various processed food types such as bakery and confectionery, meat products, breakfast cereals and snacks, food additives, and others. The several tested crops include corn, soybean, rapeseed or canola, potato, and others. The GMO testing market research report is one of a series of new reports from The Business Research Company that provides GMO testing market statistics, including GMO testing industry global market size, regional shares, competitors with a GMO testing market share, detailed GMO testing market segments, market trends and opportunities, and any further data you may need to thrive in the GMO testing industry. This GMO testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global GMO testing market size grew from $2.09 billion in 2022 to $2.32 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. 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 GMO testing market size is expected to grow to $3.24 billion in 2027 at a CAGR of 8.6%. The increased production of genetically modified crops is contributing to the growth of the GMO testing market. Genetically modified crops are produced by GM technology that involves inserting new DNA into a plant’s genome and then growing the plant cells in tissue culture to develop into plants. The seeds produced by genetically modified plants will inherit the new DNA that offers nutritional enhancement, disease resistance, phytoremediation, and altered cell wall composition for more effective biofuel conversion. The increase in nutritional demand and the stringency in genetically modified food safety regulations are increasing the demand for more production. For instance, according to the US Food and Drug Administration, in 2020, 94% of the soybeans, 96% of the cotton, and 92% of the corn grown in 2020 were genetically modified organisms (GMOs).  Therefore, the increased production of genetically modified crops is expected to propel the growth of the GMO testing market going forward. Technological advancements in farming practices are the key trend gaining popularity in the GMO testing market. The advanced technologies for agricultural farming include robots, aerial images, temperature, and moisture sensors, and GPS technology will allow farms to be more profitable, safe, efficient, and environmentally friendly. The advanced farming practices are beneficial for GM crops production to meet the demand and food security. For instance, in November 2020, Telus, a Canada-based telecommunications company announced the formation of TELUS Agriculture, a new business unit committed to developing breakthrough connected technology solutions for the agriculture sector. TELUS Agriculture improves the food value chain by utilizing data in novel ways to enhance efficiency, production, and yields, resulting in better food results for both businesses and consumers. In October 2020, DSM, a Netherlands-based company that provides nutrition, health, and sustainable living acquired Erber Group’s Biomin and Romer Labs for an amount of $1,150.6 million (€980 million). This acquisition will strengthen DSM’s expertise as a leading provider of animal health and nutrition solutions for farm productivity and sustainability with a focus on feed consumption efficiency, emissions reduction, and better use of land and water as well as human health and nutrition offering to customers in the food and beverages market. Erber Group is an Austria-based food and feeds analysis and safety company. Erber Group’s Romer Labs provides food and feed diagnostics tests and services such as GMO, mycotoxins, food allergens, gluten, food pathogens, veterinary drug residues, and other food contaminants. Major players in the GMO testing market are Thermo Fisher Scientific, SGS S.A., Bureau Veritas SA, Intertek Group PLC, Eurofins Scientific SE, TÜV SÜD AG, Merieux Nutrisciences Corporation, Bio-Rad Laboratories Inc., ALS Limited, Romer Labs Diagnostic, Microbac Laboratories, AsureQuality Limited, OMIC USA Inc., Monsanto, EMSL Analytical Inc., and FoodChain ID Inc. Europe was the largest region in the GMO testing market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the GMO testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the GMO testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The GMO testing market includes revenues earned by entities by providing testing technologies that are used to detect genetically modified organisms in food or feed. Technologies such as polymerase chain reaction (PCR) and immunoassays are used in GMO testing. The market value includes the value of related goods sold by the service provider or included within the service offering. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global GMO testing market is segmented - 1) By Trait: Stacked, Herbicide Tolerance, Insect Resistance 2) By Technology: Polymerase Chain Reaction (PCR), Immunoassay 3) By Processed Food Types: Bakery and confectionery, Meat products, Breakfast cereals and snacks, Food additives, Other Processed Food 4) By Crop Tested: Corn, Soybean, Rapeseed Or Canola, Potato, Other Crops

Food preservatives are chemicals or natural ingredients that are used to preserve food from any kind of spoilage and bacterial impact. Food preservatives can be toxic and non-toxic depending on the degree of toxicity they exert on food and are used in different food processing levels. The main types of food preservatives are synthetic and natural. Synthetic preservatives are chemical substances that get added to food during the manufacturing process and are used in food and wine to preserve their nutrients, taste, and appearances. The different functional types include anti-microbial, anti-oxidant, chelating agents, enzyme attackers and are used in beverages, oils and fats, bakery, dairy and frozen products, snacks, meat, poultry, confectionery, others. The food preservatives market research report is one of a series of new reports from The Business Research Company that provides food preservatives market statistics, including food preservatives industry global market size, regional shares, competitors with a food preservatives market share, detailed food preservatives market segments, market trends and opportunities, and any further data you may need to thrive in the food preservatives industry. This food preservatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food preservatives market size grew from $2.7 billion in 2022 to $2.84 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. 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 food preservatives market size is expected to grow to $3.37 billion in 2027 at a CAGR of 4.4%. The increasing consumption of ready-to-eat food owing to busy lifestyles is expected to propel the growth of the food preservatives market in the coming years. Ready-to-eat food uses various kinds of natural and artificial preservatives to minimize the chances of spoilage due to microbial reactions and boost food quality. The higher demand for processed or ready-to-eat food is due to the increasing working population that prefers to consume convenient food rather than cooking it at home. For instance, according to an Assocham (Associated Chamber of Commerce and Industry of India) survey conducted in 2020, roughly 79% of Indian households prefer instant food due to lack of time. Therefore, the high consumption of ready-to-eat food drives the growth of the food preservatives market. The growing use of natural preservatives is an emerging trend in the food preservatives market. Consumers are increasingly becoming concerned about the negative impact of preservatives and preferring natural alternatives including organic acids, salt, sugar, and others. Major companies operating in the food preservatives sector are shifting their focus towards natural preservatives solutions to offer a range of clean label preservation to strengthen their position. For instance, in 2021, Kerry Group, an Ireland-based food company expanded its range of clean label preservative solutions to replace traditional sodium nitrite salts to provide safer consumer-friendly preservatives for beverages. The rising development of clean label preservatives is vital to food and drink solutions and determines the success of such products in the market going forward. In June 2021, Kerry Group, an Ireland-based food company acquired Niacet for $1 billion. The acquisition is expected to complement the clean label focus of Kerry Group by expanding their product portfolio to conventional organic acids, vinegar-based preservation technologies, and drying and granulation processes and enhance their leadership position in the food preservation market. Niacet is a US-based company that produces food preservatives. Major players in the food preservatives market are Kerry Group, Dupont De Nemours Inc., BASF SE, Cargill Incorporated, Celanese Corporation, Corbion N.V, Archer Daniels Midland Company, Galactic S.A., Kemin Industries Inc., Koninklijke DSM N.V., Tate & Lyle PLC., Brenntag Solutions Group Inc., Albemarle Corporation, Akzo Nobel N.V., Univar Inc., Danisco A/S, Hawkin Watts Limited, ABF Ingredients Ltd., Ajinomoto Co. Inc., Jungbunzlauer Suisse AG, Grupo Bimbo, and Hansen Holding A/S. North America was the largest region in the food preservatives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food preservatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the food preservatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food preservatives market consists of sales of salt, vinegar, sugar, sorbates, nitrites, and other food preservatives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food preservatives market is segmented - 1) By Type: Synthetic, Natural 2) By Function: Anti-Microbial, Anti-Oxidant, Chelating Agents, Enzyme Attackers 3) By Application: Beverages, Oils And Fats, Bakery, Dairy And Frozen Products, Snacks, Meat, Poultry, Confectionery, Other Applications

Food acidulants are acidic substances that are used as additives and contribute to reducing air, bacteria, fungi, and yeast spoilage, thereby extending the shelf life of food products. These additives further help to stabilize, preserve, maintain pH, and improve food properties. In addition, these additives can preserve food while acting as a gelling agent. The main types of acids in food acidulants are citric acid, lactic acid, acetic acid, phosphoric acid, malic acid, and others. Citric acid is an organic acid, that occurs naturally in many fruits, produced commercially by microbial fermentation of carbohydrate substrates. Citric acid has solubility, very low toxicity, chelating ability, and a pleasantly sour taste. The different forms include solid, and liquid, and are used in dairy and frozen products, bakery, the meat industry, beverages, confectionery, and others. The food acidulants market research report is one of a series of new reports from The Business Research Company that provides food acidulants market statistics, including food acidulants industry global market size, regional shares, competitors with a food acidulants market share, detailed food acidulants market segments, market trends and opportunities, and any further data you may need to thrive in the food acidulants industry. This food acidulants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food acidulants market size grew from $5.48 billion in 2022 to $6.06 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. 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 food acidulants market size is expected to grow to $8.15 billion in 2027 at a CAGR of 7.7%. Increasing consumption of processed meat is expected to propel the growth of the food acidulants market going forward. Any meat that has been altered to increase its flavor or prolong its shelf life is considered processed meat. Food acidulants are used to increase the shelf life of processed meat, poultry, and fish products, as well as to inhibit the growth of disease-causing bacteria, improve flavor, and improve binding and retention capacity. For instance, according to the Organization for Economic Co-operation and Development - Food and Agriculture Organization (OECD-FAO) Agriculture, the growth in global meat consumption is projected to increase by 12% in between 2020 to 2029. In addition, global meat consumption is expected to reach 570 million tons by the year 2050. Therefore, the increasing consumption of processed meat is driving the growth of the food acidulant market. The rising consumer inclination towards various juices and liquid food is projected to fuel the growth of the food acidulants market in the coming years. Food-grade acidulants are used in juices and beverages to give them a tasty twist. Acidulants used in juices and beverages include fumaric acid, malic acid, and sugar alternatives. For example, according to the Hindustan Times, in the year 2020, 100 billion liters of liquid foods were consumed in India, less than 50% of that is packaged. Hence, rising consumer inclination towards the various juices and liquid food is driving the growth of the food acidulants market. In July 2021, KPS Capital Partners, a US-based investment company acquired a controlling stake in Tate & Lyle for $1.7 billion. This acquisition gives KPS Capital Partners operational control over the primary business of Tate & Lyle in North America, Latin America, in Almidones Mexicanos, and Dupont, Tate & Lyle’s joint venture bio-products company. Tate & Lyle is a UK-based company that offers nutritional sweeteners, soy protein, industrial starches, acidulants, and other corn products. Major players in the food acidulants market are ADM, Bartek Ingredients, Caremoli, Cargill, Hawkins Watts, Corbion, FBC Industries, Dairy Chem, Jungbunzlauer Suisse AG, Parry Enterprises India Limited, Purac biochem BV, Suntran Industrial Group Ltd., Weifang Ensign Industry Co., Ltd., Jones-Hamilton, Aditya Birla Chemicals, Celrich Products, and Fuerst Day Lawson. Asia-Pacific was the largest region in the food acidulants market in 2022. North America was the second-largest market in the food acidulants market. The regions covered in the food acidulants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food acidulants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The food acidulants market consists of sales of citric acid, malic acid, lactic acid, phosphoric acid, acetic acid, and other food acidulants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food acidulants market is segmented - 1) By Type: Citric Acid, Lactic Acid, Acetic Acid, Phosphoric Acid, Malic Acid, Other Types 2) By Form: Solid, Liquid 3) By Application: Beverages, Dairy And Frozen products, Bakery, Meat Industry, Confectionery, Other Applications

Foods are defined as processed products of plants, and animals that contain essential nutrients such as protein, carbohydrates, fat, and other nutrients consumed by humans. Beverages are defined as potable drinks which have thirst quenching refreshing, stimulating, and nourishing properties. The main type of food and beverages are alcoholic – beverages, nonalcoholic – beverages, grain products, bakery & confectionary, other foods products, frozen, canned, and dried food, dairy food, meat, poultry and seafood, syrup, seasoning, oils, & general food, animal and pet food, and tobacco products. Alcoholic beverages include beverages that contain varying amounts of alcohol (ethanol). The various typesdistinct types of distribution channels are supermarkets/hypermarkets, convenience stores, e-commerce, and Other Distribution Channels. The different typesseveral types of nature include organic and conventional. The food and beverages research report is one of a series of new reports from The Business Research Company that provides food and beverages statistics, including food and beverages industry global market size, regional shares, competitors with food and beverages share, detailed food and beverages segments, market trends and opportunities, and any further data you may need to thrive in the food and beverages industry. This food and beverages research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global food and beverages market grew from $6,729.54 billion in 2022 to $7,221.73 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. 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 food and beverages market is expected to grow to $9,225.37 billion in 2027 at a CAGR of 6.3%. Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected to result in low raw material costs for food and beverage companies. For instance, in November 2022, according to the report Frontline, an India-based national magazine on agriculture, the bailout package of Rs 7000 crore, announced by the Cabinet Committee on Economic Affairs, for farmers involved in the sugar production sectors to fix the minimum selling price of refined sugar of Rs 29 per kilogram (prices dropped to Rs 23-24 recently due to overproduction and to create a buffer stock of 3 million tonnes of sugar for one year. Thus, the overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable food and beverage companies to increase their productivity and drive the market going forward. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverages market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverages market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve the yield and quality of frozen foods. The IQF method involves transferring the individual food items on a conveyor belt into a blast freezer that quickly freezes the items. With the IQF method, every individual piece of food is frozen separately, as opposed to bulk or block freezing. This method boosts yield by 1.5-3% and results in better quality products with high nutritional value and less wastage. Examples of IQF foods include fruits such as blueberries, strawberries, and peaches, and vegetables such as corn, peas, and green beans. The global IQF vegetable market is expected to reach $2 billion by 2026, thus indicating significant demand for IQF food products in the future. Major companies in the food and beverages market include Nestle S.A., JBS S.A., PepsiCo Inc., Anheuser-Busch InBev sa/nv, Tyson Foods Inc., Wilmar International Ltd., Archer-Daniels-Midland Company (ADM), The Coca-Cola Company, Imperial brands plc, Mars Incorporated. Asia-Pacific was the largest region in the food and beverages market in 2022. Western Europe was the second-largest region of the food and beverages market. The regions covered in the food and beverages market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food and beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverages market consists of sales of beer, wine and brandy, spirits, coffee and tea, soft drink and ice, flour, rice and malt, breakfast cereal, sugar and confectionery products, bread and bakery products, cookie, cracker, pasta, and tortilla, perishable prepared food, snack food, frozen food, canned and ambient food, milk and butter, cheese, dry, condensed, and evaporated dairy products, ice cream and frozen dessert, meat products, poultry, seafood, flavoring syrup and concentrate, seasoning and dressing, fats and oils, pet food, animal food, cigarettes, cigars and cigarillos, smoking and other tobacco products. The companies in the food and beverages industry process raw materials into food, pet food and tobacco products, package and distribute them through various distribution channels to both on-trade and off-trade establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global food and beverages market is segmented - 1) By Type: Alcoholic - Beverages, Non Alcoholic - Beverages, Grain Products, Bakery & Confectionary, Other Foods Products, Frozen, Canned and Dried Food, Dairy Food, Meat, Poultry And Seafood, Syrup, Seasoning, Oils, & General Food, Animal And Pet Food, Tobacco Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Beer, Wine And Brandy, Spirits, Coffee And Tea, Soft Drink And Ice, Flour, Rice And Malt, Other Grain Products, Breakfast Cereal, Sugar And Confectionery Products, Bread And Bakery Products, Cookie, Cracker, Pasta, And Tortilla, Perishable Prepared Food, Snack Food, All Other Miscellaneous Food, Frozen Food, Canned And Ambient Food, Milk And Butter, Cheese, Dry, Condensed, And Evaporated Dairy Products, Ice Cream And Frozen Dessert, Meat Products, Poultry, Seafood, Flavoring Syrup And Concentrate, Seasoning And Dressing, Fats And Oils, Pet Food, Animal Food, Cigarettes, Cigars And Cigarillos, Smoking And Other Tobacco Products