Global Shelf Life Testing Market Size, Drivers, Trends, Opportunities And Strategies – Includes Shelf Life Testing Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
High packaged food demand is expected to drive innovation in shelf life testing manufacturing, driving the market during the forecast period.
The global shelf life testing market is expected to grow from $3.83 billion in 2022 to $4.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The global shelf life testing market size is expected to grow to $5.62 billion in 2027 at a CAGR of 7.7%.
Get A Free Sample On The Global Shelf Life Testing Market Report:
Global Shelf Life Testing Market Segments Include:
- By Technology: Equipment And Kit-Based, Manual Tests
- By Parameter: Microbial Contamination, Rancidity, Nutrient Stability, Organoleptic Properties, Other Parameters
- By Method: Real-Time Shelf Life Testing, Accelerated Shelf-Life Testing
- By Food Tested: Packaged Food, Beverages, Bakery And Confectionery Products, Meat And Meat Products, Dairy Products And Desserts, Processed Fruits And Vegetables, Other Food Tests
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global shelf life testing market in 2021.
Major Market Players in the shelf life testing market include SGS SA, Bureau Veritas, Eurofins Global, Intertek Group plc, Mérieux NutriSciences Corp., ALS Ltd., AsureQuality, RJ Hill Laboratories, SCS Global, Agrifood Technology.
Technological advancements are a major trend that is gaining traction in the shelf life testing market. Major market players are leveraging technologies such as artificial intelligence to provide advanced shelf life prediction and gain a competitive advantage. OneThird, a Netherlands-based food tech startup, for example, provides shelf life prediction solutions based on spectroscopy and other data sources. OneThird’s cloud platform and AI algorithms enable this information to be shared and connected with partners.
The Shelf Life Testing Global Market Report 2023 provides a shelf life testing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The shelf life testing market forecast analyzes shelf life testing market size, shelf life testing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The process of testing different parameters and quality factors of food to determine how quickly microbiological, chemical, and physical changes occur in food during distribution and storage is known as shelf life testing.
Explore Similar Reports From The Business Research Company:
Life And Health Reinsurance Global Market Report 2023
Life Science Analytics Global Market Report 2023
Testing Software Global Market Report 2023
Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at firstname.lastname@example.org
Follow us on:
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: