Analytical Standards Market Segmentation Detailed Study with Forecast to 2022
© Nitin Gautam
The global market for analytical standards is a highly competitive market, states a new report by Transparency Market Research (TMR). Accustandard Inc., GFS Chemicals Inc., Cayman Chemical Co., Chiron AS, GE, Agilent Technologies Inc., Mallinckrodt Pharmaceuticals, LGC Standards, Merck KGaA, and Perkinelmer Inc. are some of the leading players operating in this market. Researchers at TMR expect the rivalry within the market to intensify in the near future, thanks to the steady influx of capital investments, notes the market study
According to the research report, the global analytical standard market stood at US$0.84 bn in 2017. Expanding at a robust 6.30% CAGR over the period from 2017 to 2022 and reach a value of U$1.14 bn by the end of the period of the forecast. Organic and inorganic analytical standards are the two main products available in this market. With over 70% share, the organic analytical standards segment led the global market in 2017 and is expected to continue on the top over the forthcoming years. Environmental applications are projected to report a greater demand for analytical standard solution in the coming years among other applications, owing to the rising support for environmental conservation measures from consumers across the world.
Request a Sample of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30761
In terms of the region, North America has been leading the overall market on account of the presence of a number of prominent players. The significant rise in the healthcare, pharmaceutical, and the food and beverage sectors in this region likely to support the North America market for analytical standards to ensure its dominance in the years to come, states the research report.
Increasing Need for Testing Processes to Boost Global Analytical Standards Market
“The rising requirement for testing procedures in order to ensure the safety of consumers of various pharmaceutical and food and beverage products is the main factor that has been fueling the demand for analytical standards across the world,” says an analyst at TMR.
In the recent years, food safety has emerged as a major concern among consumers across the world, on account of the escalating risk of food poisoning from the usage of packaged food. This, together with the globalization of the pharmaceuticals and the food and beverage industries, is expected to boost the worldwide market for analytical standards in the years to come, states the research report.
Request a Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30761
Absence of Governing Bodies to Hamper Growth
On the flip side, the absence of governing bodies in a number of emerging economies may limit the uptake of analytical standards across the world, which may reflect negatively on the global market for analytical standards in the near future. However, the increasing support by governments, in terms of funding and awareness programs, is projected to aid the global market considerably over the next few years, reports the market study.
Enquiry for discount on this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=30761
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
According to the research report, the global analytical standard market stood at US$0.84 bn in 2017. Expanding at a robust 6.30% CAGR over the period from 2017 to 2022 and reach a value of U$1.14 bn by the end of the period of the forecast. Organic and inorganic analytical standards are the two main products available in this market. With over 70% share, the organic analytical standards segment led the global market in 2017 and is expected to continue on the top over the forthcoming years. Environmental applications are projected to report a greater demand for analytical standard solution in the coming years among other applications, owing to the rising support for environmental conservation measures from consumers across the world.
Request a Sample of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30761
In terms of the region, North America has been leading the overall market on account of the presence of a number of prominent players. The significant rise in the healthcare, pharmaceutical, and the food and beverage sectors in this region likely to support the North America market for analytical standards to ensure its dominance in the years to come, states the research report.
Increasing Need for Testing Processes to Boost Global Analytical Standards Market
“The rising requirement for testing procedures in order to ensure the safety of consumers of various pharmaceutical and food and beverage products is the main factor that has been fueling the demand for analytical standards across the world,” says an analyst at TMR.
In the recent years, food safety has emerged as a major concern among consumers across the world, on account of the escalating risk of food poisoning from the usage of packaged food. This, together with the globalization of the pharmaceuticals and the food and beverage industries, is expected to boost the worldwide market for analytical standards in the years to come, states the research report.
Request a Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30761
Absence of Governing Bodies to Hamper Growth
On the flip side, the absence of governing bodies in a number of emerging economies may limit the uptake of analytical standards across the world, which may reflect negatively on the global market for analytical standards in the near future. However, the increasing support by governments, in terms of funding and awareness programs, is projected to aid the global market considerably over the next few years, reports the market study.
Enquiry for discount on this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=30761
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com