Food Authenticity Market by Target Testing - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4333261
  • Report
  • Region: Global
  • 150 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Als Limited
  • Emsl Analytical Inc.
  • Eurofins Scientific Se
  • Genetic Id Na, Inc.
  • Intertek Group Plc.
  • Lgc Science Group Ltd.
  • MORE
The global food authenticity market was valued at $4,978 million in 2016, and is anticipated to reach $8,300 million, growing at a CAGR of 7.7% from 2017 to 2023. Food fraud is economically motivated for financial gains, and thus can have significant negative effects on both consumers and legitimate businesses. Food authenticity is driven by factors such as volatility in food prices, availability of raw materials & ingredients, economic conditions, regulatory developments, and large environmental impacts. Furthermore, various technologies are used to check food authenticity to tackle the issue of food fraud.

In 2016, Europe and North America were leading revenue contributors in the market. Asia-Pacific registered the highest growth rate, owing to the increase in production of processed foods and implementation of safety regulations by government. The growth in international trading of food materials in the North American countries, such as the U.S., has propelled the labeling requirement and authenticity confirmation. Furthermore, LAMEA is expected to witness significant growth rate during the forecast period.

The global food authenticity market is segmented based on target testing, technology, food tested, and geography. On the basis of target testing, it is divided into meat speciation, country of origin & ageing, adulteration tests, and false labelling. On the basis of technology, it is categorized into polymerase chain reaction-based, liquid chromatography–mass spectrometry, isotope methods, immunoassay-based/ELISA, and others. Based on food tested, it is classified into meat & meat products; dairy & dairy products; cereals, grains, and pulses; processed food; and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In July 2016, Intertek developed a new technology for honey authenticity testing. The technology is based on nuclear magnetic resonance (NMR) spectroscopy. In May 2016, Intertek launched its AgriTech laboratory at Hyderabad (India) to perform DNA-based testing of various agricultural products. The company introduced its advanced ScanBi DNA testing technology to expand its presence in India.

The major market players are as follows:

SGS S.A.
Intertek Group PLC.
Eurofins Scientific SE
ALS Limited
LGC Science Group Ltd.
Mérieux Nutrisciences Corporation
Microbac Laboratories, Inc.
EMSL Analytical Inc.
Romer Labs Diagnostic GmbH
Genetic ID NA, Inc.

KEY MARKET BENEFITS FOR STAKEHOLDERS

This report provides an extensive analysis of the current & emerging market trends and dynamics of the global food authenticity market.
In-depth analysis of all regions is conducted by constructing the market estimations for key segments from 2017 to 2023 to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the market scenario across various regions.
Extensive analysis is conducted by following key player positioning and monitoring the top competitors within the market framework.

KEY MARKET SEGMENTS

By Target Testing

Meat Speciation
Country of Origin and Ageing
Adulteration Tests
False Labelling

By Technology

Polymerase Chain Reaction-Based
Liquid Chromatography–Mass spectrometry
Isotope Methods
Immunoassay-based/ELISA
Others

By Food Tested

Meat & Meat Products
Dairy & Dairy Products
Cereals, Grans, and Pulses
Processed Food
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
Spain
UK
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Turkey
South Africa
Rest of LAMEA
The other major players in the industry include the following:

AsureQuality
Thermo Fisher Scientific
Bureau Veritas S.A.
Campden BRI Ltd.
Fera Science Ltd.
*The above list of companies is not profiled in the report, but can be added based on interest.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Als Limited
  • Emsl Analytical Inc.
  • Eurofins Scientific Se
  • Genetic Id Na, Inc.
  • Intertek Group Plc.
  • Lgc Science Group Ltd.
  • MORE
CHAPTER: 1 INTRODUCTION

1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER: 2 EXECUTIVE SUMMARY

CHAPTER: 3 MARKET OVERVIEW

3.1. Market Definition and Scope
3.2. Key Findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Value Chain Analysis
3.4. Porters Five Forces Model
3.5. Market Share Analysis, 2016
3.6. Market Dynamics

3.6.1. Drivers
3.6.2. Restraints
3.6.3. Opportunities
3.6.4. Challenges

CHAPTER: 4 Regulatory Frameworks for the Food Authenticity Market

4.1. Introduction
4.2. Global Food Safety Initiative (GFSI)
4.3. International Body for Food Safety Standards and Regulations

4.3.1. Codex Alimentarius Commission (CAC)

4.4. North America Regulatory Framework

4.4.1. U.S. Food and Drug Administration (FDA)

4.4.1.1. U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS)
4.4.1.2. Food Allergen Labeling and Consumer Protection Act
4.4.1.3. Federal Legislation
4.4.1.4. Food Safety in Retail Food
4.4.1.5. Food Safety in Trade
4.4.1.6. HACCP Regulation in the U.S.
4.4.1.7. Food Safety Regulations for Fruit & Vegetable Growers
4.4.1.8. GMOs Regulation in U.S.
4.4.1.9. Labeling of GM Foods
4.4.1.10. FDA Food Safety Modernization Act (FSMA)

4.5. European Union Regulatory Framework

4.5.1. Melamine Legislation
4.5.2. General Food Law for Food Safety
4.5.3. GMOs Regulation

4.6. Asia-Pacific Regulatory Framework

4.6.1. China

4.6.1.1. State Food and Drug Administration of China (SFDA)

4.6.2. India

4.6.2.1. Food Safety and Standards Act, 2006
4.6.2.2. Food Safety Standards Amendment Regulations, 2011
4.6.2.3. Food Safety Standards Amendment Regulations, 2012

4.6.3. Oceania

4.6.3.1. Food Standards Australia New Zealand

CHAPTER: 5 FOOD AUTHENTICITY MARKET, BY TARGET TESTING

5.1. Introduction

5.1.1. Market size and forecast

5.2. Country of Origin & Ageing

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. Meat Speciation

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. Adulteration Tests

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

5.5. False Labeling

5.5.1. Market size and forecast
5.5.2. GMO Testing

5.5.2.1. Key market trends, growth factors, and opportunities
5.5.2.2. Market size and forecast.

5.5.3. Allergen Testing

5.5.3.1. Key market trends, growth factors, and opportunities
5.5.3.2. Market size and forecast

CHAPTER: 6 FOOD AUTHENTICITY MARKET, BY TECHNOLOGY

6.1. Introduction

6.1.1. Market size and forecast

6.2. Liquid Chromatography-Mass Spectrometry

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast

6.3. Polymerase Chain Reaction-based

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast

6.4. Isotope Methods

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast

6.5. Enzyme-Linked Immunosorbent Assay (ELISA)

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast

6.6. Others (NMR spectroscopy, Chemical Tests, and others)

6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast

CHAPTER: 7 FOOD AUTHENTICITY MARKET, BY FOOD TESTED

7.1. Introduction

7.1.1. Market size and forecast

7.2. Meat and Meat Products

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast

7.3. Dairy and Dairy Products

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast

7.4. Cereals, Grains, and Pulses

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast

7.5. Processed Food

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast

7.6. Others (Ingredients and others)

7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast

CHAPTER: 8 FOOD AUTHENTICITY MARKET, BY GEOGRAPHY

8.1. Introduction

8.1.1. Market size and forecast

8.2. North America

8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast by target testing
8.2.4. Market size and forecast by technology
8.2.5. Market size and forecast by food tested
8.2.6. U.S.

8.2.6.1. Market size and forecast by food tested

8.2.7. Canada

8.2.7.1. Market size and forecast by food tested

8.2.8. Mexico

8.2.8.1. Market size and forecast by food tested

8.3. Europe

8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast by target testing
8.3.4. Market size and forecast by technology
8.3.5. Market size and forecast by food tested
8.3.6. UK

8.3.6.1. Market size and forecast by food tested

8.3.7. Germany

8.3.7.1. Market size and forecast by food tested

8.3.8. France

8.3.8.1. Market size and forecast by food tested

8.3.9. Spain

8.3.9.1. Market size and forecast by food tested

8.3.10. Italy

8.3.10.1. Market size and forecast by food tested

8.3.11. Rest of Europe

8.3.11.1. Market size and forecast by food tested

8.4. Asia-Pacific

8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast by target testing
8.4.3. Market size and forecast by technology
8.4.4. Market size and forecast by food tested
8.4.5. China

8.4.5.1. Market size and forecast by food tested

8.4.6. Japan

8.4.6.1. Market size and forecast by food tested

8.4.7. India

8.4.7.1. Market size and forecast by food tested

8.4.8. South Korea

8.4.8.1. Market size and forecast by food tested

8.4.9. Rest of Asia-Pacific

8.4.9.1. Market size and forecast by food tested

8.5. LAMEA

8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast by target testing
8.5.3. Market size and forecast by technology
8.5.4. Market size and forecast by food tested
8.5.5. Brazil

8.5.5.1. Market size and forecast by food tested

8.5.6. Turkey

8.5.6.1. Market size and forecast by food tested

8.5.7. South Africa

8.5.7.1. Market size and forecast by food tested

8.5.8. Rest of LAMEA

8.5.8.1. Market size and forecast by food tested

CHAPTER: 9 COMPANY PROFILES

9.1. Intertek Group PLC

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Business performance
9.1.4. Operating business segments
9.1.5. Strategic moves and developments

9.2. Eurofins Scientific SE

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Business performance
9.2.4. Operating business segments
9.2.5. Strategic moves and developments

9.3. SGS S.A.

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Business performance
9.3.4. Operating business segments
9.3.5. Strategic moves and developments

9.4. LGC Science Group Ltd.

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Business performance
9.4.4. Operating business segments
9.4.5. Strategic moves and developments

9.5. ALS Limited

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Business performance
9.5.4. Operating business segments
9.5.5. Strategic moves and developments

9.6. Mrieux Nutrisciences Corporation

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Business performance
9.6.4. Operating business segments
9.6.5. Strategic moves and developments

9.7. EMSL Analytical Inc.

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Business performance
9.7.4. Operating business segments
9.7.5. Strategic moves and developments

9.8. Microbac Laboratories, Inc.

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Business performance
9.8.4. Operating business segments
9.8.5. Strategic moves and developments

9.9. Romer Labs Diagnostic GmbH

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Business performance
9.9.4. Operating business segments
9.9.5. Strategic moves and developments

9.10. Genetic ID NA, Inc.

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Business performance
9.10.4. Operating business segments
9.10.5. Strategic moves and developments"
opportunities
8.5.2. Market size and forecast by target testing
8.5.3. Market size and forecast by technology
8.5.4. Market size and forecast by food tested
8.5.5. Brazil

8.5.5.1. Market size and forecast by food tested

8.5.6. Turkey

8.5.6.1. Market size and forecast by food tested

8.5.7. South Africa

8.5.7.1. Market size and forecast by food tested

8.5.8. Rest of LAMEA

8.5.8.1. Market size and forecast by food tested

CHAPTER: 9 COMPANY PROFILES

9.1. Intertek Group PLC

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Business performance
9.1.4. Operating business segments
9.1.5. Strategic moves and developments

9.2. Eurofins Scientific SE

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Business performance
9.2.4. Operating business segments
9.2.5. Strategic moves and developments

9.3. SGS S.A.

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Business performance
9.3.4. Operating business segments
9.3.5. Strategic moves and developments

9.4. LGC Science Group Ltd.

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Business performance
9.4.4. Operating business segments
9.4.5. Strategic moves and developments

9.5. ALS Limited

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Business performance
9.5.4. Operating business segments
9.5.5. Strategic moves and developments

9.6. Mrieux Nutrisciences Corporation

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Business performance
9.6.4. Operating business segments
9.6.5. Strategic moves and developments

9.7. EMSL Analytical Inc.

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Business performance
9.7.4. Operating business segments
9.7.5. Strategic moves and developments

9.8. Microbac Laboratories, Inc.

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Business performance
9.8.4. Operating business segments
9.8.5. Strategic moves and developments

9.9. Romer Labs Diagnostic GmbH

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Business performance
9.9.4. Operating business segments
9.9.5. Strategic moves and developments

9.10. Genetic ID NA, Inc.

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Business performance
9.10.4. Operating business segments
9.10.5. Strategic moves and developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Als Limited
  • Emsl Analytical Inc.
  • Eurofins Scientific Se
  • Genetic Id Na, Inc.
  • Intertek Group Plc.
  • Lgc Science Group Ltd.
  • MORE
Food Authenticity Market Report, forecasts that the global market was valued at $4,978 million in 2016, and is estimated to reach $8,300 million by 2023, registering a CAGR of 7.7% from 2017 to 2023. In 2016, the polymerase chain reaction (PCR) technology segment accounted for more than one-third share of the total market.

Food fraud is committed when food is deliberately altered for financial gains with the intention of deceiving consumers or customers. The Food Standards Agency (FSA) specifies two main types of food frauds, namely sale of food that is unfit and potentially harmful, and deliberate misdescription of food. In the recent times, food authenticity testing is not just a tool to identify gross substitution such as whisky, horsemeat, or olive oil, it is now quite possible to differentiate between Welsh or Scottish lamb, farmed or wild salmon, and pure or sweetened fruit juice. Food authenticity testing is not only used in identification of gross substitution in whisky, horsemeat, or olive oil but also is used to differentiate between Welsh or Scottish lamb, farmed or wild salmon, and pure or sweetened fruit juice.
The global market is driven by various regulations on food safety particularly in the developed economies, growth in instances of food fraud, and rise in EMA (Economically Motivated Adulterations), owing to high competition among food producers. However, high cost of food authenticity, availability of relatively cheap substitutes, and anti-dumping policies on food authenticity are expected to hamper the market growth.
In 2016, the processed food segment was the leading revenue contributor to the global food authenticity market. The processed food segment includes numerous processed products, such as infant formula, packaged food, wine, bakery & confectionery, and other processed food products; hence, there are large chances for food frauds.

Key Findings of the Food Authenticity Market:
In 2016, Europe dominated the global market, with more than two-fifths share in terms of value.
Asia-Pacific is estimated to witness the highest growth during the forecast period.
The polymerase chain reaction (PCR) segment is estimated to register the highest growth rate, in terms of revenue, registering a CAGR of 8.3% from 2017 to 2023 and generated the highest revenue in 2016.
The meat speciation segment is estimated to register a highest growth rate, in terms of revenue, registering a CAGR of 8.2%.
In 2016, processed food was the leading segment, which occupied around one-third share in global market, in terms of revenue.
In 2016, Europe dominated the global market, owing to the strict food safety regulations and large number of consumer complaints. Furthermore, presence of major players in the region is anticipated to boost the market for food authenticity in the near future. North America is the second leading revenue contributor to the global market, and is expected to register a CAGR of 7.4% in terms of revenue.
The key companies profiled in the report include SGS S.A., Intertek Group PLC., Eurofins Scientific SE, ALS Limited, LGC Science Group Ltd., Mrieux Nutrisciences Corporation, Microbac Laboratories, Inc., EMSL Analytical Inc., Romer Labs Diagnostic GmbH, and Genetic ID NA, Inc.
Note: Product cover images may vary from those shown
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  • Sgs S.A.
  • Intertek Group Plc.
  • Eurofins Scientific Se
  • Als Limited
  • Lgc Science Group Ltd.
  • Mérieux Nutrisciences Corporation
  • Microbac Laboratories, Inc.
  • Emsl Analytical Inc.
  • Romer Labs Diagnostic Gmbh
  • Genetic Id Na, Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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