Market Revenue Food Authenticity Market Overview and Scope | Page 2

Owing to diversity of authentication criteria and a high number of products, food authentication includes a series of methods and techniques of general or specific investigation. Commercially, food safety or food authentication can only be reached by the growth of quality and food services under surveillance via the entire food chain which forms as an indispensable instrument to achieve the food traceability. Overall, with the rise in food frauds and food deception in the market on a global scale, the global food authentication market is anticipated to grow at a higher CAGR during the forecast period. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/food-authenticity-market The key driving factors responsible for the growth of food authenticity market includes growth in economically motivated adulterations owing to high competition and rise in incidences of food frauds. In a highly competitive, food frauds due to economically motivated adulterations are increasing. On the basis of technology, the global food authenticity market is segmented into PCR-based, LC-MS/MS, isotope. PCR based segment is anticipated to grow at a higher CAGR during the forecast period owing to reliability and wide use. On the basis of food testing, the global food authenticity market is segmented into meat speciation, dairy and processed foods. On the basis of geographic segmentation, the global food authenticity market spans North America, Europe, Asia-Pacific Middle-East and Africa. APAC market is projected to be fastest growing market owing to growth in food safety among consumers. The market is growing at a higher CAGR owing to rise in stringent food regulations across regions. North America dominates the global market due to stringent food regulations existing across US countries. The key players in the global food authenticity market include SGS SA, Intertek Group Plc, Eurofins Scientific, ALS Limited, LGC Science Group Ltd, Merieux Nutrisciences Corportaion, Microbac Corporation Inc, EMSL Analytical Inc, Romer Labs Diagnostics GmbH, Genetic ID, Inc. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/food-and-beverage