Food Authenticity

Food Authenticity Market by Type (DNA Sequencing/Barcoding, Immunoassay-Based/Enzyme-Linked Immunosorbent Assay (ELISA), Isotope Methods), Category (Adulteration Tests, Allergen Testing, False Labelling), Application - Global Forecast 2024-2030

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[190 Pages Report] The Food Authenticity Market size was estimated at USD 7.73 billion in 2023 and expected to reach USD 8.24 billion in 2024, at a CAGR 6.75% to reach USD 12.23 billion by 2030.

Food Authenticity Market
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Food Authenticity Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Food Authenticity Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Food Authenticity Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Food Authenticity Market, highlighting leading vendors and their innovative profiles. These include Accugen Labs, Inc., Agilent Technologies, Inc., ALS Limited, Bio-Rad Laboratories, Inc., Bruker Corporation, Bureau Veritas SA, Certified Laboratories., Danahar Corporation, EMSL Analytical, Inc., Eurofins Scientific SE, Food Forensics Limited, FoodChain ID Group Inc., Institute for Environmental Health Laboratories & Consulting Group, Intertek Group PLC, LGC Limited, Microbac Laboratories, Inc., Minerva Biolabs Inc., Mérieux NutriSciences Corporation, Neogen Corporation, NSF International, Premier Analytical Services, Romer Labs Division Holding GmbH by Royal DSM, Scout Scientific LLC, SGS S.A., Tentamus Group GmbH, Thermo Fisher Scientific, Inc., and TUV SUD.

Market Segmentation & Coverage

This research report categorizes the Food Authenticity Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • DNA Sequencing/Barcoding
    • Immunoassay-Based/Enzyme-Linked Immunosorbent Assay (ELISA)
    • Isotope Methods
    • Mass Spectrometry
    • Next-Generation Sequencing
    • NMR Technique/Molecular Spectrometry
    • Polymerase Chain Reaction-Based
  • Category
    • Adulteration Tests
    • Allergen Testing
    • False Labelling
    • GMO Testing
    • Halal Verification
    • Kosher Verification
    • Meat Speciation
  • Application
    • Cereal, Grain & Pulse
    • Dairy & Dairy Product
    • Meat & Meat Product
    • Processed Food

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Food Authenticity Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Food Authenticity Market?
  3. What are the technology trends and regulatory frameworks in the Food Authenticity Market?
  4. What is the market share of the leading vendors in the Food Authenticity Market?
  5. Which modes and strategic moves are suitable for entering the Food Authenticity Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Food Authenticity Market, by Type
  7. Food Authenticity Market, by Category
  8. Food Authenticity Market, by Application
  9. Americas Food Authenticity Market
  10. Asia-Pacific Food Authenticity Market
  11. Europe, Middle East & Africa Food Authenticity Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 304]
  16. List of Companies Mentioned [Total: 27]
Understanding Food Authenticity in a World of Counterfeits
September 6, 2023
Understanding Food Authenticity in a World of Counterfeits
Food is one of the most basic human needs, yet what we put into our bodies is not always what we think it is. In recent years, there has been a growing concern among consumers about the authenticity of their food. From honey to olive oil, wine to spices, numerous incidents of food fraud have been uncovered worldwide, leading to a rise in consumer awareness regarding food safety and authenticity.

Food authenticity refers to the degree to which a food product is what it claims to be, including the origin, composition, production process, and added substances. In other words, a portion of food is authentic if it is what it says it is on the label or menu, which means it contains added substances that were not listed on the label, such as fillers or cheaper substitutes.

For starters, it is a matter of consumer protection. Consumers have the right to know what is in their food and where it comes from. In addition, food fraud can have serious health implications. For example, if the food is labeled organic yet includes dangerous pesticides or herbicides, persons with allergies or impaired immune systems may be at risk. Furthermore, food fraud undermines the credibility of the food industry and can erode trust between consumers and producers.

One factor contributing to the growth in food fraud is globalization. As supply chains become more complex and products are sourced from all over the world, it becomes harder to trace the origin and quality of ingredients. Fraudsters can also easily exploit these complex systems, especially if food safety regulations are weak or poorly enforced. In addition, the demand for exotic or luxury foods has grown in recent years, creating a market for counterfeit products often sold at a premium price.

One option is to buy from local farmers or suppliers transparent about their production methods. This way, we can see firsthand where our food comes from and how it is produced. Another option is to do our research and check the label or menu for any possible red flags. For example, if a wine is labeled as coming from a particular region but is priced significantly lower than similar wines, it could be a sign that it is not authentic.

Food authenticity is a growing concern among consumers and for good reason. With the rise of food fraud and counterfeits, we must be aware of what we put into our bodies. By understanding the concept of food authenticity and being vigilant about the products we buy, we can protect ourselves and ensure we get what we pay for. The food we eat is not just about sustenance - it reflects our values, health, and relationship with the world.

Frequently Asked Questions
  1. How big is the Food Authenticity Market?
    Ans. The Global Food Authenticity Market size was estimated at USD 7.73 billion in 2023 and expected to reach USD 8.24 billion in 2024.
  2. What is the Food Authenticity Market growth?
    Ans. The Global Food Authenticity Market to grow USD 12.23 billion by 2030, at a CAGR of 6.75%
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