Food & Beverage
Global Food Authenticity Testing Market to 2032
Revenue, 2024 (USD Million)
8,496.80
Forecast, 2032 (USD Million)
13,458.00
CAGR, 2024 - 2032
6.79%
Report Coverage
Global
Global Food Authenticity Testing Market 2018-2032 USD Million
Global Food Authenticity Testing Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 8,496.80 USD Million
- Projected Market Size (2032): 13,458.00 USD Million
- CAGR (2024-2032): 6.79%
Key Findings of Global Food Authenticity Testing Market
- The Global Food Authenticity Testing Market is likely to grow at a CAGR of 6.79% during the forecast period of 2024 to 2032.
- Global Food Authenticity Testing Marketsize was valued at 8,496.80 USD Million in 2024.
- In 2024, Food segment dominated the market with the largest market share.
- Mass Spectrometry in the product segment is expected to witness the fastest growth during the forecast period.
Global Food Authenticity Testing Market Scope
Global Food Authenticity Testing Market Segmentation & Scope
Test Type
- Next-Generation Sequencing
- Isotope Methods
- Immunoassay-Based/Elisa (Enzyme-Linked Immunosorbent Assay)
- NMR Technique/Molecular Spectrometry
- DNA Sequencing/Barcoding
- PCR (Polymerase Chain Reaction)-Based
- Mass Spectrometry
Application
- Beverages
- Food
Category
- Others
- False Labeling
- Protected Denomination of Origin (PDO)
- Protected Geographical Indication (PGI)
- Kosher Verification
- Halal Verification
- Gmo Testing
- Meat Speciation
- Allergen Testing
- Organic
- Adulteration Tests
Global Food Authenticity Testing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 8,496.80 USD Million |
| Market Value in 2032 | 13,458.00 USD Million |
| CAGR (2024-2032) | 6.79% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Test Type,Application,Category |
| Largest Segment | Food |
| Fastest Growing Segment | Mass Spectrometry |
| Major Players | Intertek Group plc, Thermo Fisher Scientific Inc., SGS Société Générale de Surveillance SA, Eurofins Scientific, Others, ALS |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Food
- Fastest Growing Segment (2024-2032): Mass Spectrometry
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: U.S., leading in terms of revenue and market share by 2032.
Global Food Authenticity Testing Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Intertek Group plc | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Thermo Fisher Scientific Inc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SGS Société Générale de Surveillance SA | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Eurofins Scientific | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| ALS | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Food Authenticity Testing Market Geographical Sales Distribution, 2018-2032 USD Million
Global Food Authenticity Testing Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Food Authenticity Testing Market is segmented based on Segmentation Test Type,Application,Category.
Global Food Authenticity Testing Market was valued at USD 8,496.80(Revenue in USD Million) in 2023.
Global Food Authenticity Testing Market is projected to grow at a CAGR of 6.79% during the forecast period of 2024 to 2032.
The estimated market value of the Global Food Authenticity Testing Market for final year is USD 13,458.00 (USD Million).
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