The global food authenticity market size reached US$ 6.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.3 Billion by 2027, exhibiting a growth rate (CAGR) of 7.13% during 2022-2027.

Market Insight:

Food authenticity is a laboratory-oriented test that helps examine the quality of the products by ensuring the authenticity of their contents in correspondence to the original condition and the information on the label. Authentic products are free from adulteration, especially regarding nature, composition, varietal purity, and manufacturing process. The process also helps detect deception and food fraud attempts. Deoxyribonucleic acid (DNA) testing, polymerase chain reaction (PCR), chromatography, microscopy, immunoassay, and food allergen analysis are commonly used detection techniques. As a result, food authenticity is mainly used for confectionaries, cereals, grains, packaged foods, meat-based and dairy-based products, pulses, edible oils, alcohol, juices, and processed foods.

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Current Trends & Future Predictions:

The global food authenticity market is primarily driven by the increasing prevalence of food fraud involving mislabeling, cases of dilution, certification, and substitution. In line with this, the rising awareness among consumers regarding food authenticity and certification is acting as another growth-inducing factor. Moreover, governments of various nations are implementing stringent regulations regarding food fraud, which is providing a significant boost to market growth. Besides this, key players are actively working to develop remote testing kits and analytical testing software for convenient food detection, which is creating a positive outlook for the market.

Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global food authenticity market has been studied in the report with the detailed profiles of the key players operating in the market.

List of Key Companies Covered in this Market Report:

ALS Limited
EMSL Analytical Inc.
Eurofins Scientific Inc.
Intertek Group plc
LGC Limited
Mérieux NutriSciences
Microbac Laboratories Inc.
Romer Labs Division Holding GmbH (Koninklijke DSM N.V.)
SGS SA

Market Segmentation:

Based on Target Testing:

Meat Speciation
Country of Origin and Aging
Adulteration Test
False Labelling

Based on Technology:

Polymerase Chain Reaction Based
Liquid Chromatography-Mass Spectrometry
Isotope Method
Immunoassay Based/ELISA
Others

Based on Food Tested:

Meat and Meat Product
Dairy and Dairy Product
Cereal, Grain, and Pulse
Processed Food
Others

Geographical Analysis:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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