Shelf Life Testing Global Market 2024 To Reach $6.54 Billion By 2028 At Rate Of 9.2%

The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033

LONDON, GREATER LONDON, UNITED KINGDOM, October 3, 2024 /EINPresswire.com/ — The shelf life testing market has experienced robust growth in recent years, expanding from $4.2 billion in 2023 to $4.59 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to stringent quality and safety regulations, consumer demand for freshness, globalization of the food supply chain, focus on food waste reduction, expansion of pharmaceutical industry, introduction of biodegradable packaging.

What Is The Estimated Market Size Of The Global Shelf Life Testing Market And Its Annual Growth Rate?
The shelf life testing market is projected to continue its strong growth, reaching $6.54 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to consumer awareness of product labeling, focus on nutritional integrity, increasing complexity of food formulations, rising demand for natural preservatives, emergence of personalized nutrition, shift towards plant-based products.

Explore Comprehensive Insights Into The Global Shelf Life Testing Market With A Detailed Sample Report:

Growth Driver Of The Shelf Life Testing Market
High demand for packaged foods is expected to propel the growth of the shelf life testing market going forward. Packaged foods refer to food that has its entire surface covered to protect it from damage, contamination, spoilage, pest attacks, and tampering during transport and storage, either by permeable or impermeable wrapping. Shelf-life testing is essential to determine the safety of the packaged food and ensure that food is free of physical, chemical, and biological hazards, thereby protecting the customers from food-borne diseases.

Make Your Report Purchase Here And Explore The Whole Industry’s Data As Well:

Who Are the Leading Competitors in the Shelf Life Testing Market Share?
Key players in the market include SGS SA, Bureau Veritas, Eurofins Global, Intertek Group PLC, Mérieux NutriSciences Corp., ALS Limited, AsureQuality Limited, RJ Hill Laboratories, SCS Global Services, Agrifood Technology, Symbio Laboratories, Premium Analytical Services, AES Laboratories Pvt. Ltd., EnviroLogix Inc., EMSL Analytical Inc., Neogen Corporation, Charm Sciences Inc., TÜV NORD GROUP, Medallion Labs, Q Laboratories Inc., Microbac Laboratories Inc., Silliker Inc., Covance Inc., NSF International, Food Safety Net Services, Genevac Ltd., R-Biopharm AG, Romer Labs, 3M Company, Thermo Fisher Scientific Inc., MilliporeSigma, Bio-Rad Laboratories Inc.

Which Key Trends Are Driving Shelf Life Testing Market Growth?
Major companies operating in the shelf life testing market are launching innovative analyzers such as ROS 1 Moisture Analyzer to address the challenges and limitations of existing moisture content measurement methods. The ROS 1 Moisture Analyzer is the first and only moisture content analyzer offering reference method precision, the simplicity of an oven, and the speed of a moisture balance.

How Is The Global Shelf Life Testing Market Segmented?
1) By Technology: Equipment And Kit-Based, Manual Tests
2) By Parameter: Microbial Contamination, Rancidity, Nutrient Stability, Organoleptic Properties, Other Parameters
3) By Method: Real-Time Shelf Life Testing, Accelerated Shelf Life Testing
4) By Food Tested: Packaged Food, Beverages, Bakery And Confectionery Products, Meat And Meat Products, Dairy Products And Desserts, Processed Fruits And Vegetables, Other Food Tests

Geographical Insights: Europe Leading The Shelf Life Testing Market
Europe was the largest region in the market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Shelf Life Testing Market Definition
Shelf life testing is the process of testing different parameters and quality factors of food to determine how rapidly microbiological, chemical, and physical changes occur in food during distribution and storage.

Shelf Life Testing Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global shelf life testing market report covering trends, opportunities, strategies, and more
The Shelf Life Testing Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on shelf life testing market size, shelf life testing market drivers and trends, shelf life testing market major players and shelf life testing market growth across geographies. This report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:

Food Preservatives Global Market Report 2024

Food and Beverage Testing Kits Global Market Report 2024

Frozen, Canned and Dried Food Global Market Report 2024

What Does The Business Research Company Do?
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package, and much more.

Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
Facebook
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.