Market Overview:
The global shelf life testing market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for food products with extended shelf life and rising awareness about food safety among consumers. In addition, the growing demand for ready-to-eat and processed foods is also contributing to the growth of this market. On the basis of type, the global shelf life testing market can be segmented into real time and accelerated tests. The real time segment is expected to account for a larger share of this market in 2018 owing to its ability to provide accurate results in a short period of time. On the basis of application, this market can be divided into pet food, dietary supplements, animal feed, and human food segments.
Product Definition:
Shelf life testing is a type of laboratory testing that is used to determine the expiration date of a product. This type of testing can be used for both food and non-food products. The purpose of shelf life testing is to ensure that products are safe for consumers to use and that they meet the quality standards set by the manufacturer.
Real Time:
Real-time or Shelf Life Testing (SLT) is a technique wherein the sample is analyzed at the time of testing. It reduces labor and time involved in analyzing samples. The process also helps to minimize errors that may occur during analysis, which may lead to wrong results.
The factors responsible for growth include reduction in turnaround time required for testing, minimization of chances of error due to split sample tests.
Accelerated:
Accelerated shelf life testing is a technique used to determine the quality and safety of food products by simulating the conditions in which they will be stored. It involves accelerating the processes involved in food spoilage so that it can be detected before it happens. This method helps prevent product recalls as well as ensures compliance with government regulations for safe handling, processing, and storage of products.
The global accelerated shelf life testing market size was valued at USD 1,849 million in 2016.
Application Insights:
The pet food segment led the global shelf life testing market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in pet ownership across the globe, which has resulted in an increased demand for premium quality food products with extended shelf life.
Dietary supplements are widely used as nutritional supplements or health tonics for consumers who wish to maintain optimum health throughout their lifetime. Increasing geriatric population across the globe is expected to drive this industry significantly over the forecast period owing to rising demand dietary supplements with longer expiration dates.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market over the forecast period. The growth can be attributed to rising demand for processed and canned food as a result of increasing disposable income, changing lifestyles, and rapid urbanization in emerging economies such as China and India. In addition, rising awareness regarding health benefits associated with long shelf life foods will drive the market further.
Europe held a significant share in 2016 owing to high animal feed production coupled with large consumption of meat products in Germany, France, Italy and U.K., among other Eastern European countries that are major consumers of meat products globally (i.e., Russia). Moreover, dietary supplements have gained popularity due to their ability to enhance human physical characteristics beyond human physiological limits; this has led supplement manufacturers across Europe including those from Russia focus on R&D activities relatedto product improvement rather than expansion leading tomajor technological advancements within Europe's shelf life testing industry since 2010s onward (i.e., developmentof accelerated methods).
Growth Factors:
- Increasing demand for packaged and processed food products
- Growing awareness about the importance of shelf life testing for food safety
- Proliferation of new technologies and methods for shelf life testing
- Rising demand from developing countries 5. Growing number of private label brands
Scope Of The Report
Report Attributes
Report Details
Report Title
Shelf Life Testing Market Research Report
By Type
Real Time, Accelerated
By Application
Pet Food, Dietary Supplements, Animal Feed, Human Food
By Companies
AgriFood Technology, ALS Limited, AsureQuality, Eurofins, SGS SA, Bureau Veritas, Intertek, RJ Hill Laboratories, SCS Global, Merieux, Microchem Lab Services (PTY), Premier Analytical Services, Symbio Laboratories, TV Nord Group
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Shelf Life Testing Market Report Segments:
The global Shelf Life Testing market is segmented on the basis of:
Types
Real Time, Accelerated
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
Pet Food, Dietary Supplements, Animal Feed, Human Food
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:
- AgriFood Technology
- ALS Limited
- AsureQuality
- Eurofins
- SGS SA
- Bureau Veritas
- Intertek
- RJ Hill Laboratories
- SCS Global
- Merieux
- Microchem Lab Services (PTY)
- Premier Analytical Services
- Symbio Laboratories
- TV Nord Group
Highlights of The Shelf Life 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:
- Real Time
- Accelerated
- By Application:
- Pet Food
- Dietary Supplements
- Animal Feed
- Human Food
- 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 Shelf Life 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Shelf life testing is a process used to determine the shelf life of a product. It involves subjecting the product to various conditions that may affect its ability to remain unchanged or in good condition.
Some of the key players operating in the shelf life testing market are AgriFood Technology, ALS Limited, AsureQuality, Eurofins, SGS SA, Bureau Veritas, Intertek, RJ Hill Laboratories, SCS Global, Merieux, Microchem Lab Services (PTY), Premier Analytical Services, Symbio Laboratories, TV Nord Group.
The shelf life testing market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shelf Life 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. Shelf Life Testing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shelf Life Testing Market - Supply Chain
4.5. Global Shelf Life Testing Market Forecast
4.5.1. Shelf Life Testing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shelf Life Testing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shelf Life Testing Market Absolute $ Opportunity
5. Global Shelf Life 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. Shelf Life Testing Market Size and Volume Forecast by Type
5.3.1. Real Time
5.3.2. Accelerated
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shelf Life 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. Shelf Life Testing Market Size and Volume Forecast by Application
6.3.1. Pet Food
6.3.2. Dietary Supplements
6.3.3. Animal Feed
6.3.4. Human Food
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shelf Life 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. Shelf Life 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 Shelf Life 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. Shelf Life 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 Shelf Life Testing Demand Share Forecast, 2019-2026
9. North America Shelf Life 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 Shelf Life 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 Shelf Life Testing Market Size and Volume Forecast by Application
9.4.1. Pet Food
9.4.2. Dietary Supplements
9.4.3. Animal Feed
9.4.4. Human Food
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shelf Life Testing Market Size and Volume Forecast by Type
9.7.1. Real Time
9.7.2. Accelerated
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 Shelf Life Testing Demand Share Forecast, 2019-2026
10. Latin America Shelf Life 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 Shelf Life 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 Shelf Life Testing Market Size and Volume Forecast by Application
10.4.1. Pet Food
10.4.2. Dietary Supplements
10.4.3. Animal Feed
10.4.4. Human Food
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shelf Life Testing Market Size and Volume Forecast by Type
10.7.1. Real Time
10.7.2. Accelerated
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 Shelf Life Testing Demand Share Forecast, 2019-2026
11. Europe Shelf Life 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 Shelf Life 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 Shelf Life Testing Market Size and Volume Forecast by Application
11.4.1. Pet Food
11.4.2. Dietary Supplements
11.4.3. Animal Feed
11.4.4. Human Food
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shelf Life Testing Market Size and Volume Forecast by Type
11.7.1. Real Time
11.7.2. Accelerated
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 Shelf Life Testing Demand Share, 2019-2026
12. Asia Pacific Shelf Life 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 Shelf Life 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 Shelf Life Testing Market Size and Volume Forecast by Application
12.4.1. Pet Food
12.4.2. Dietary Supplements
12.4.3. Animal Feed
12.4.4. Human Food
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shelf Life Testing Market Size and Volume Forecast by Type
12.7.1. Real Time
12.7.2. Accelerated
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 Shelf Life Testing Demand Share, 2019-2026
13. Middle East & Africa Shelf Life 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 Shelf Life 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 Shelf Life Testing Market Size and Volume Forecast by Application
13.4.1. Pet Food
13.4.2. Dietary Supplements
13.4.3. Animal Feed
13.4.4. Human Food
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shelf Life Testing Market Size and Volume Forecast by Type
13.7.1. Real Time
13.7.2. Accelerated
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 Shelf Life Testing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shelf Life Testing Market: Market Share Analysis
14.2. Shelf Life Testing Distributors and Customers
14.3. Shelf Life Testing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AgriFood Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ALS Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AsureQuality
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eurofins
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SGS SA
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
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Intertek
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. RJ Hill Laboratories
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SCS Global
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Merieux
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Microchem Lab Services (PTY)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Premier Analytical Services
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Symbio Laboratories
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TV Nord Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
