Market Overview:
The global ingredient authentication testing market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for food and beverage products, rising cases of food adulteration, and stringent regulations by government agencies worldwide. The plant segment is expected to dominate the global ingredient authentication testing market in terms of revenue in 2018. This segment is projected to grow at a CAGR of 7.8% from 2018 to 2030 due to the increasing demand for organic foods and beverages across the globe.
Product Definition:
Ingredient authentication testing is a type of product testing that verifies the authenticity of ingredients used in a product. This type of testing is important because it helps ensure the safety and quality of products.
Plant:
Plant, its usage and growth factor in Ingredient Authentication Testing market? Ingredient (N-1), N-2, N-3, N-4 are the numbers which identify the particular ingredient by its botanical name. For instance; Epoxy resin is identified by epoxy number followed by “urethane” or “polyurethane”. The testing laboratories use various instruments to test if an ingredient is what it claims to be.
Animal:
The global animal and it's usage in ingredient authentication testing market size was valued at USD 1.5 billion in 2018 and is expected to register a CAGR of XX% over the forecast period. The demand for animal-based ingredients has been increasing on account of their extensive use as functional ingredients across various industries such as food & beverage, cosmetics, pharmaceuticals, among others.
Application Insights:
The PCR testing segment dominated the global ingredient authentication testing market in terms of revenue share in 2017. The technique is widely used for food and beverage product detection, which has resulted in a significant growth of this segment. Moreover, the introduction of advanced techniques such as RAPD and AFLP that are based on PCR has widened their application scope further.
AFLP is an extension to RAPD that enables genetic analysis at a higher resolution by providing additional data on banding patterns at equimolar concentrations for individual samples tested. This technique also allows differentiation between closely related species or strains thereby broadening its application scope over time as well. Spectroscopy tests are expected to witness lucrative growth over the forecast period owing to its ability to analyze small sample sizes with high precision and accuracy levels while identifying ingredients present within them using characteristic absorption spectra features (λ max ). These factors have led to increased adoption across various industries including cosmetics, pharmaceuticals, food & beverages etc.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with rising demand for food & beverages, pharmaceuticals, animal feed and other products has led to an increase in ingredient authentication testing activities in this region.
The Asia Pacific Ingredient Authentication Testing (APIT) market is also anticipated to witness significant growth over the forecast period owing to factors such as increasing outsourcing activities by western countries coupled with government initiatives aimed at strengthening regulations pertaining to product quality & safety. These factors are likely to contribute towards regional market growth during the same period.
Europe was estimated as being second-largest after Asia Pacific regarding revenue share and is expected remain so throughout the forecast years due high demand from end-use industries such as food & beverage, pharmaceuticals, cosmetics etc.
Growth Factors:
- Increasing demand for food safety and quality assurance
- Growing number of foodborne illness outbreaks
- Stringent regulatory compliance norms for ingredient authentication testing
- Rising consumer awareness about the quality and authenticity of foods
- Proliferation of counterfeit foods in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Ingredient Authentication Testing Market Research Report
By Type
Plant, Animal, Bacteria and Fungi
By Application
PCR, Chromatography, Spectroscopy, others
By Companies
Agilent Technologies, Inc., Qiagen N.V., Authen Technologies, TÃœV Rheinland Group, Thermo Fisher Scientific Inc., Bureau Veritas S.A., Eurofins Central Analytical Laboratories, Accugen Laboratories, Inc., Adpen Laboratories Inc., Vanguard Sciences, Genon Laboratories Ltd, Bio-Rad Laboratories, Inc., IDEXX Laboratories Inc., Overseas Merchandise Inspection Co., Ltd., Merieux Nutrisciences Corporation, AB SCIEX, ELISA Technologies, Inc., Bruker Corporation, SGS SA, Covance Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Ingredient Authentication Testing Market Report Segments:
The global Ingredient Authentication Testing market is segmented on the basis of:
Types
Plant, Animal, Bacteria and Fungi
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
PCR, Chromatography, Spectroscopy, others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Agilent Technologies, Inc.
- Qiagen N.V.
- Authen Technologies
- TÃœV Rheinland Group
- Thermo Fisher Scientific Inc.
- Bureau Veritas S.A.
- Eurofins Central Analytical Laboratories
- Accugen Laboratories, Inc.
- Adpen Laboratories Inc.
- Vanguard Sciences
- Genon Laboratories Ltd
- Bio-Rad Laboratories, Inc.
- IDEXX Laboratories Inc.
- Overseas Merchandise Inspection Co., Ltd.
- Merieux Nutrisciences Corporation
- AB SCIEX
- ELISA Technologies, Inc.
- Bruker Corporation
- SGS SA
- Covance Inc.
Highlights of The Ingredient Authentication Testing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plant
- Animal
- Bacteria and Fungi
- By Application:
- PCR
- Chromatography
- Spectroscopy
- others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ingredient Authentication Testing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ingredient authentication testing is a process used to verify the authenticity of ingredients in a product. This can be done by checking the ingredient list against known sources or through other methods such as chemical analysis.
Some of the key players operating in the ingredient authentication testing market are Agilent Technologies, Inc., Qiagen N.V., Authen Technologies, TƒÅ“V Rheinland Group, Thermo Fisher Scientific Inc., Bureau Veritas S.A., Eurofins Central Analytical Laboratories, Accugen Laboratories, Inc., Adpen Laboratories Inc., Vanguard Sciences, Genon Laboratories Ltd, Bio-Rad Laboratories, Inc., IDEXX Laboratories Inc., Overseas Merchandise Inspection Co., Ltd., Merieux Nutrisciences Corporation, AB SCIEX, ELISA Technologies, Inc., Bruker Corporation, SGS SA, Covance Inc..
The ingredient authentication testing market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ingredient Authentication Testing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ingredient Authentication Testing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ingredient Authentication Testing Market - Supply Chain
4.5. Global Ingredient Authentication Testing Market Forecast
4.5.1. Ingredient Authentication Testing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ingredient Authentication Testing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ingredient Authentication Testing Market Absolute $ Opportunity
5. Global Ingredient Authentication Testing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ingredient Authentication Testing Market Size and Volume Forecast by Type
5.3.1. Plant
5.3.2. Animal
5.3.3. Bacteria and Fungi
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ingredient Authentication Testing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ingredient Authentication Testing Market Size and Volume Forecast by Application
6.3.1. PCR
6.3.2. Chromatography
6.3.3. Spectroscopy
6.3.4. others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ingredient Authentication Testing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ingredient Authentication Testing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ingredient Authentication Testing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ingredient Authentication Testing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ingredient Authentication Testing Demand Share Forecast, 2019-2026
9. North America Ingredient Authentication Testing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ingredient Authentication Testing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ingredient Authentication Testing Market Size and Volume Forecast by Application
9.4.1. PCR
9.4.2. Chromatography
9.4.3. Spectroscopy
9.4.4. others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ingredient Authentication Testing Market Size and Volume Forecast by Type
9.7.1. Plant
9.7.2. Animal
9.7.3. Bacteria and Fungi
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ingredient Authentication Testing Demand Share Forecast, 2019-2026
10. Latin America Ingredient Authentication Testing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ingredient Authentication Testing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ingredient Authentication Testing Market Size and Volume Forecast by Application
10.4.1. PCR
10.4.2. Chromatography
10.4.3. Spectroscopy
10.4.4. others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ingredient Authentication Testing Market Size and Volume Forecast by Type
10.7.1. Plant
10.7.2. Animal
10.7.3. Bacteria and Fungi
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ingredient Authentication Testing Demand Share Forecast, 2019-2026
11. Europe Ingredient Authentication Testing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ingredient Authentication Testing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ingredient Authentication Testing Market Size and Volume Forecast by Application
11.4.1. PCR
11.4.2. Chromatography
11.4.3. Spectroscopy
11.4.4. others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ingredient Authentication Testing Market Size and Volume Forecast by Type
11.7.1. Plant
11.7.2. Animal
11.7.3. Bacteria and Fungi
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ingredient Authentication Testing Demand Share, 2019-2026
12. Asia Pacific Ingredient Authentication Testing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ingredient Authentication Testing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ingredient Authentication Testing Market Size and Volume Forecast by Application
12.4.1. PCR
12.4.2. Chromatography
12.4.3. Spectroscopy
12.4.4. others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ingredient Authentication Testing Market Size and Volume Forecast by Type
12.7.1. Plant
12.7.2. Animal
12.7.3. Bacteria and Fungi
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ingredient Authentication Testing Demand Share, 2019-2026
13. Middle East & Africa Ingredient Authentication Testing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ingredient Authentication Testing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ingredient Authentication Testing Market Size and Volume Forecast by Application
13.4.1. PCR
13.4.2. Chromatography
13.4.3. Spectroscopy
13.4.4. others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ingredient Authentication Testing Market Size and Volume Forecast by Type
13.7.1. Plant
13.7.2. Animal
13.7.3. Bacteria and Fungi
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ingredient Authentication Testing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ingredient Authentication Testing Market: Market Share Analysis
14.2. Ingredient Authentication Testing Distributors and Customers
14.3. Ingredient Authentication Testing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Agilent Technologies, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Qiagen N.V.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Authen Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TÜV Rheinland Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermo Fisher Scientific Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bureau Veritas S.A.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eurofins Central Analytical Laboratories
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Accugen Laboratories, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Adpen Laboratories Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vanguard Sciences
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Genon Laboratories Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bio-Rad Laboratories, Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IDEXX Laboratories Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Overseas Merchandise Inspection Co., Ltd.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Merieux Nutrisciences Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AB SCIEX
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ELISA Technologies, Inc.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Bruker Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. SGS SA
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Covance Inc.
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook