Anti-counterfeit Packaging Market: Market Segments: By Technology (Trace and Track, Tamper-evident, Covert, Overt, and Forensic Markers); By Application (Pharmaceutical, Food & Beverage, Clothing & Apparels and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Food safety testing refers to physical testing of food that involves a scientific analysis of various physical properties or nutrient content of the food. Microbial growth leads to several foodborne illnesses and diseases which could be prevented by maintaining a considerable temperature control for safety. Food testing acts as an indicator of food quality and provides information regarding its properties such as structure, texture, color, ingredients, etc. This is also done to verify the manufacturer’s claims for the product. Food testing is done using various methods such as analytical chemistry testing, microbiology testing, nutrition analysis, sensory testing, etc. to examine different components such as added preservatives and additives, nutritional composition, food contaminating microorganisms, etc. Food safety testing is basically done to ensure that the population consumes healthy food and manufacturers don’t violate the food-safety standards in the manufacturing procedure.
Market Highlights
Global Food Safety Testing Market is expected to project a notable CAGR in 2030.
Global Food Safety Testing Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. The global Food Safety Testing market is expected to observe a growth in the future due to rising food-borne diseases, adulteration, and toxins in food which has encouraged food testing to ensure the availability of healthy products in the market. The food testing market is anticipated to observe a boost in growth due to rising health consciousness and consumer awareness.
Recent Highlights:
In January 2018, SGS acquired Vanguard Sciences Inc. (US), expanding the existing testing capacity in US since it provides chemical microbiological and physical testing for food products. This would help the company in expanding its existing testing capabilities in the US
Global Food Safety Testing Market: Segments
Pathogens segment to grow with the highest CAGR during 2019-30
Global Food Safety Testing Market is segmented by contaminants into Pesticides, Genetically Modified Organisms, Toxins, Allergens, and Pathogens. The pathogens segment held the largest market share of XX.X% in the year 2018 and is anticipated to dominate the global market throughout the forecast period. Pathogens testing is done for Meat and poultry that may cause diseases such as abdominal cramps, diarrhea, nausea, etc.
Processed Food to grow with the highest CAGR during 2019-30
Global Food Safety Testing Market is segmented by food type into Processed Foods, Dairy Products, Fruits and Vegetables, Meat and Poultry and Others. The processed food segment held the largest market share of XX.X% in the year 2018 and is expected to maintain this trend throughout the forecast period. Processing of food removes nutrients present in the food since it uses mechanical technologies and chemicals due to which food testing has become important to test nutritional and chemical content.
Microbiology Testing segment to grow with the highest CAGR during 2019-30
The global Food Safety Testing market is also segmented by testing methods into Microbiology Testing, Analytical Chemistry Testing, Sensory Testing, and Nutrition Analysis. The microbiology testing segment held the largest market share of XX.X% in the year 2018 and is anticipated to grow with the highest CAGR throughout the forecast period. Microbiology testing examines the microorganisms present in the food that may cause food contamination which helps the manufacturers to assess the safety of raw materials, ingredients, and final products.
Market Dynamics
Drivers
Rising consumer awareness
Rising cases of food adulteration and food-borne diseases have been a threat to food safety as a result of this, consumer’s awareness is rising and they prefer purchasing products with food licenses and safety certifications. Safety certification ensures the consumer with the food quality of the product and helps in gaining their trust, which is a driving key factor of the food safety testing market.
Provides Product Information (Labels)
Food testing provides useful information regarding the ingredients and nutritional content present in a food product which helps the consumers to make informed choices among the products. In case of allergy from specific ingredient or product, it is convenient for the consumer to distinguish between the products based on their properties, thus, leading to a shift in the consumer’s preference towards products containing all the necessary information which is a key factor driving the growth of food testing market.
Restraints
Additional Costs
Food testing incurs additional cost for the manufacturers to attain the food safety licenses and certifications that adds to the overall cost of the product.
Covid-19 impact on Global Food Safety Testing Market
With the advent of coronavirus, many services associated with different sectors have been affected and a rise in health consciousness has been observed among the populace due to the spread of the virus. The Food Safety Testing market is anticipated to witness a rise in demand due to the fear of the spread of diseases, to maintain a healthy lifestyle, and prevent from catching any bacterial infections. The government has taken several initiatives and introduced various food standards for manufacturing, storage, and processing of the food products that have to be followed by the food industry and undergo regular food safety testing of their products before they enter the market and reach the final consumers. Concurrent fear of the spread of infections is present among the populace and due to this pandemic, food manufacturing and processing units have to maintain higher food quality standards ensuring proper food storage as well as processing eliminating any possible risk of spread of contagious infections.
Global Food Safety Testing Market: Key Players
Bureau Veritas S.A.
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Genetic ID NA, Inc
Covance, Inc
Bio-Rad Laboratories
Neogen Corporation
Intertek Group PLC
ALS Limited
FoodChain ID
M?rieux (US)
Other Prominent Players
Global Food Safety Testing Market: Regions
Global Food Safety Testing Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Global Food Safety Testing market in North-America held the largest market share of XX.X% in the year 2018. Mounting urbanization and busy schedules have led to a rise in the consumption of processed food that is required to be tested to ensure that they fulfill the food safety standard imposed by the government. With the rise in disposable income and economic development, there is an increase in the demand for food products that undergo food safety testing.
Global FOOD SAFETY TESTING market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Food Safety Testing market report also contains analysis on:
Food Safety Testing Market Segments:
By Contaminants
Pesticides
Genetically Modified Organisms
Toxins
Allergens
Pathogens
By Food Type
Processed Foods
Dairy Products
Fruits and Vegetables
Meat and Poultry
Others (food grains, beverages)
By Testing Method
Microbiology Testing
Analytical Chemistry Testing
Sensory Testing
Nutrition Analysis
Food Safety Testing Market Dynamics
Food Safety Testing Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Food safety testing refers to physical testing of food that involves a scientific analysis of various physical properties or nutrient content of the food. Microbial growth leads to several foodborne illnesses and diseases which could be prevented by maintaining a considerable temperature control for safety. Food testing acts as an indicator of food quality and provides information regarding its properties such as structure, texture, color, ingredients, etc. This is also done to verify the manufacturer’s claims for the product. Food testing is done using various methods such as analytical chemistry testing, microbiology testing, nutrition analysis, sensory testing, etc. to examine different components such as added preservatives and additives, nutritional composition, food contaminating microorganisms, etc. Food safety testing is basically done to ensure that the population consumes healthy food and manufacturers don’t violate the food-safety standards in the manufacturing procedure.
Market Highlights
Global Food Safety Testing Market is expected to project a notable CAGR in 2030.
Global Food Safety Testing Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. The global Food Safety Testing market is expected to observe a growth in the future due to rising food-borne diseases, adulteration, and toxins in food which has encouraged food testing to ensure the availability of healthy products in the market. The food testing market is anticipated to observe a boost in growth due to rising health consciousness and consumer awareness.
Recent Highlights:
In January 2018, SGS acquired Vanguard Sciences Inc. (US), expanding the existing testing capacity in US since it provides chemical microbiological and physical testing for food products. This would help the company in expanding its existing testing capabilities in the US
Global Food Safety Testing Market: Segments
Pathogens segment to grow with the highest CAGR during 2019-30
Global Food Safety Testing Market is segmented by contaminants into Pesticides, Genetically Modified Organisms, Toxins, Allergens, and Pathogens. The pathogens segment held the largest market share of XX.X% in the year 2018 and is anticipated to dominate the global market throughout the forecast period. Pathogens testing is done for Meat and poultry that may cause diseases such as abdominal cramps, diarrhea, nausea, etc.
Processed Food to grow with the highest CAGR during 2019-30
Global Food Safety Testing Market is segmented by food type into Processed Foods, Dairy Products, Fruits and Vegetables, Meat and Poultry and Others. The processed food segment held the largest market share of XX.X% in the year 2018 and is expected to maintain this trend throughout the forecast period. Processing of food removes nutrients present in the food since it uses mechanical technologies and chemicals due to which food testing has become important to test nutritional and chemical content.
Microbiology Testing segment to grow with the highest CAGR during 2019-30
The global Food Safety Testing market is also segmented by testing methods into Microbiology Testing, Analytical Chemistry Testing, Sensory Testing, and Nutrition Analysis. The microbiology testing segment held the largest market share of XX.X% in the year 2018 and is anticipated to grow with the highest CAGR throughout the forecast period. Microbiology testing examines the microorganisms present in the food that may cause food contamination which helps the manufacturers to assess the safety of raw materials, ingredients, and final products.
Market Dynamics
Drivers
Rising consumer awareness
Rising cases of food adulteration and food-borne diseases have been a threat to food safety as a result of this, consumer’s awareness is rising and they prefer purchasing products with food licenses and safety certifications. Safety certification ensures the consumer with the food quality of the product and helps in gaining their trust, which is a driving key factor of the food safety testing market.
Provides Product Information (Labels)
Food testing provides useful information regarding the ingredients and nutritional content present in a food product which helps the consumers to make informed choices among the products. In case of allergy from specific ingredient or product, it is convenient for the consumer to distinguish between the products based on their properties, thus, leading to a shift in the consumer’s preference towards products containing all the necessary information which is a key factor driving the growth of food testing market.
Restraints
Additional Costs
Food testing incurs additional cost for the manufacturers to attain the food safety licenses and certifications that adds to the overall cost of the product.
Covid-19 impact on Global Food Safety Testing Market
With the advent of coronavirus, many services associated with different sectors have been affected and a rise in health consciousness has been observed among the populace due to the spread of the virus. The Food Safety Testing market is anticipated to witness a rise in demand due to the fear of the spread of diseases, to maintain a healthy lifestyle, and prevent from catching any bacterial infections. The government has taken several initiatives and introduced various food standards for manufacturing, storage, and processing of the food products that have to be followed by the food industry and undergo regular food safety testing of their products before they enter the market and reach the final consumers. Concurrent fear of the spread of infections is present among the populace and due to this pandemic, food manufacturing and processing units have to maintain higher food quality standards ensuring proper food storage as well as processing eliminating any possible risk of spread of contagious infections.
Global Food Safety Testing Market: Key Players
Bureau Veritas S.A.
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Genetic ID NA, Inc
Covance, Inc
Bio-Rad Laboratories
Neogen Corporation
Intertek Group PLC
ALS Limited
FoodChain ID
M?rieux (US)
Other Prominent Players
Global Food Safety Testing Market: Regions
Global Food Safety Testing Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Global Food Safety Testing market in North-America held the largest market share of XX.X% in the year 2018. Mounting urbanization and busy schedules have led to a rise in the consumption of processed food that is required to be tested to ensure that they fulfill the food safety standard imposed by the government. With the rise in disposable income and economic development, there is an increase in the demand for food products that undergo food safety testing.
Global FOOD SAFETY TESTING market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Food Safety Testing market report also contains analysis on:
Food Safety Testing Market Segments:
By Contaminants
Pesticides
Genetically Modified Organisms
Toxins
Allergens
Pathogens
By Food Type
Processed Foods
Dairy Products
Fruits and Vegetables
Meat and Poultry
Others (food grains, beverages)
By Testing Method
Microbiology Testing
Analytical Chemistry Testing
Sensory Testing
Nutrition Analysis
Food Safety Testing Market Dynamics
Food Safety Testing Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
1. EXECUTIVE SUMMARY
2. ANTI-COUNTERFEIT PACKAGING MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. ANTI-COUNTERFEIT PACKAGING MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. ANTI-COUNTERFEIT PACKAGING MARKET
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. ANTI-COUNTERFEIT PACKAGING: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Technology: Market Share (2020-2030F)
12.2.1. Trace and Track, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Tamper-evident, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Covert, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Overt, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. Forensic Markers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Pharmaceutical, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Food & Beverage, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Clothing & Apparels, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.4. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. COMPANY PROFILE
14. AVERY DENNISON CORPORATION.
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. CCL INDUSTRIES INC.
16. 3M COMPANY
17. E.I. DU PONT DE NEMOURS AND COMPANY
18. ZEBRA TECHNOLOGIES CORPORATION
19. SICPA HOLDING SA
20. ALPVISION SA
21. APPLIED DNA SCIENCES INC.
22. UFLEX LIMITED
23. AUTHENTIX INC.
24. AMPACET CORPORATION
25. PHARMASECURE INC
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. ANTI-COUNTERFEIT PACKAGING MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. ANTI-COUNTERFEIT PACKAGING MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. ANTI-COUNTERFEIT PACKAGING MARKET
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. ANTI-COUNTERFEIT PACKAGING: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Technology: Market Share (2020-2030F)
12.2.1. Trace and Track, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Tamper-evident, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Covert, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Overt, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. Forensic Markers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Pharmaceutical, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Food & Beverage, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Clothing & Apparels, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.4. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. COMPANY PROFILE
14. AVERY DENNISON CORPORATION.
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. CCL INDUSTRIES INC.
16. 3M COMPANY
17. E.I. DU PONT DE NEMOURS AND COMPANY
18. ZEBRA TECHNOLOGIES CORPORATION
19. SICPA HOLDING SA
20. ALPVISION SA
21. APPLIED DNA SCIENCES INC.
22. UFLEX LIMITED
23. AUTHENTIX INC.
24. AMPACET CORPORATION
25. PHARMASECURE INC
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
