Our latest research report entitled Shelf-life Testing Market (by the parameter (microbial contamination, nutrient stability), food tested (packaged food, bakery & confectionery products), method (real-time and accelerated shelf-life testing), technology (equipment- & kit-based, manual tests)) provides complete and deep insights into the market dynamics and growth of Shelf-life Testing.
The latest information on market risks, industry chain structure Shelf-life Testing cost structure, and opportunities are offered in this report. The past, present, and forecast market information will lead to investment feasibility by studying the essential Shelf-life Testing growth factors.
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Growing Governments’ Rules and Regulations About the FMCG Products is Boosting the Growth
The continuous growing demand for FMCG products around the world is necessitating to measure the life of the products. Further, the growing governments’ rules and regulations about the FMCG products is boosting the growth of the demand for shelf-life testing products. These products help to precisely measure the product’s lifetime and facilitate to know when the products are unsafe to use.
Several fast-moving consumer goods as meat, fruits, packaged foods, dairy products, beverage, toiletries have a very short life span, and there is a chance that these products may be used after the end of its normal life span, if consumers are not informed well, and can attract heavy penalty for the companies. Hence, the shelf-life testing equipment help to precisely know about when its life will expire.
The growing incidence of the severe negligence by the FMCG manufacturing companies to sell their products after the expiry of the normal lifetime of the products has created several problems among the consumers and forced the government in the developing countries to promulgate the stringent measure to control the menace of the FMCG companies.
The growing consumer awareness about the FMCG products, its availabilities, and the life span of the products is forcing the FMCG manufacturing companies to adopt a pro-consumer attitude to sell their products. This pro-consumer attitude not only helps them to save from legal and financial penalties but also to improve their social and brand image among the consumers. However, the lax attitude of the government and the casual attitude of the manufacturers is hampering the growth of the shelf-life testing product market.
North America is the Largest Market
Geographically, the shelf-life testing market is divided into four regions namely North America, Europe, the Asia Pacific, and RoW. North America is the largest market of the shelf-life testing products owing to the pro-consumer attitude of the government, and the implementation of the strict rules and regulations about the FMCG products.
Europe is the second-largest market of the shelf-life testing market, after North America. The Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to the growing consumer awareness about the different aspects of consumer products. Additionally, increasing government commitment to provide a safe product to the consumer is helping to grow the demand for shelf-life testing products.
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Report on the Global Shelf-Life Testing Market Covers Segments Such As Parameter, Food Tested, Method, and Technology
On the basis of the parameter, the sub-markets include microbial contamination, nutrient stability, organoleptic properties, and other parameters. On the basis of food tested, the sub-markets include packaged food, bakery & confectionery products, meat & meat products, dairy, dairy products and desserts, and processed fruits & vegetables. On the basis of method, the sub-markets include real-time shelf-life testing, accelerated shelf-life testing. On the basis of technology, the sub-markets include equipment & kit-based, manual tests.
The report provides profiles of the companies in the market such as Symbio Laboratories, Scientific Certification Systems, Inc., R J Hill Laboratories Limited, AsureQuality Limited, Merieux Nutrisciences US, TÜV NORD GROUP, TÜV SÜD, ALS Limited, and Bureau Veritas S. A.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-shelf-life-testing-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Shelf-life Testing.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand, and/or diversify.