Analysis of Food Authenticity Testing Market: Size, Share, Growth, Trends, and Forecast 2030
Fairfield Market Research, a leading provider of market intelligence, has released a comprehensive report highlighting the remarkable growth of the global food authenticity testing market, which reached a significant milestone by generating approximately US$8 billion in revenue in 2022. The markets upward trajectory is driven by evolving consumer preferences, stringent regulatory measures, and industry adoption of advanced testing technologies.
Consumer Shifts Fueling Demand
Modern consumers are increasingly concerned about the quality and authenticity of the food they consume. Issues such as food fraud, mislabelling, and contamination have raised alarms, prompting a surge in demand for transparency and accurate labelling. Regulatory bodies worldwide are responding to these concerns by im...