Market Overview

Global Shelf-life Testing Market by Parameter, Method, Technology, Food Tested and Region - Forecast to 2023: Increase in Outbreaks of Foodborne Illnesses - ResearchAndMarkets.com

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The "Shelf-life
Testing Market by Parameter (Microbial Contamination, Rancidity,
Nutrient Stability, Organoleptic Properties), Method (Real-time and
Accelerated), Technology, Food Tested, and Region - Global Forecast to
2023"
report has been added to ResearchAndMarkets.com's
offering.

The shelf-life testing market is estimated to be valued at USD 3.39
billion in 2018 and is projected to reach 4.76 billion by 2023, at a
CAGR of 7%.

The microbial contamination segment is projected to grow at the highest
CAGR during the forecast period. Unhygienic manufacturing conditions in
food & beverage processing plants, low rate of adoption of appropriate
sanitary practices in manufacturing units, use of already contaminated
equipment & procurement of contaminated raw material, unsanitary storage
conditions, cross-contamination, and non-maintenance of the required
temperature in cold chain facilities are the major factors driving the
growth of microbial contamination in industry supply chains.

The shelf-life testing market, by method, is estimated to be dominated
by the real-time segment in 2018. It is also projected to grow at a
higher rate through 2023. Widely acceptable results and higher
suitability for food & beverage products in comparison to the
accelerated shelf-life testing method drive the market growth for the
real-time testing method.

Market Dynamics

Drivers

  • Stringent Safety Regulations for Food Products Result in the Adoption
    of Shelf-Life Testing Services
  • Increase in Outbreaks of Foodborne Illnesses
  • Growth in Demand for Packaged and Convenience Foods

Restraints

  • Lack of Market Coordination & Standardization and Improper Enforcement
    of Regulatory Laws & Supporting Infrastructure in Developing Economies

Opportunities

  • Adoption of Newer Technologies

Challenges

  • High Costs Associated With Procurement of Rapid Shelf-Life Testing
    Equipment
  • Lack of Harmonization of Shelf-Life Regulations

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Shelf-Life Testing Market, By Parameter

7 Shelf-Life Testing Market, By Food Tested

8 Shelf-Life Testing Market, By Method

9 Shelf Life Testing Market, By Technology

10 Shelf-Life Testing Market, By Region

11 Competitive Landscape

12 Company Profiles

  • AgriFood Technology
  • ALS Limited
  • AsureQuality
  • Bureau Veritas
  • Eurofins
  • Intertek
  • Merieux
  • Microchem Lab Services (PTY) Ltd.
  • Premier Analytical Services
  • RJ Hill Laboratories
  • SCS Global
  • SGS
  • Symbio Laboratories
  • TV Nord Group
  • TV SD

For more information about this report visit https://www.researchandmarkets.com/research/h2mmvc/global_shelflife?w=4

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