Shelf-life Testing - Global Strategic Business Report

Global Shelf-life Testing Market to Reach $4.3 Billion by 2030

The global market for Shelf-life Testing estimated at US$2.9 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Microbial Contamination, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rancidity segment is readjusted to a revised 5.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $794.5 Million, While China is Forecast to Grow at 8.7% CAGR

The Shelf-life Testing market in the U.S. is estimated at US$794.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Select Competitors (Total 46 Featured) -

• Agrifood Technology
• ALS Ltd.
• AsureQuality Ltd.
• Bureau Veritas SA
• Eurofins Scientific SE
• Intertek Group PLC
• Merieux NutriSciences
• Microchem Lab Services (Pty.) Ltd.
• Premier Analytical Services
• Rj Hill Laboratories Ltd.
• SCS Global Services
• SGS SA
• Symbio Laboratories
• Tuv Nord Group
• Tuv Sud AG

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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