According to a new report published by Allied Market Research, titled, “Food Authenticity Market by Target testing, Technology, and Food Tested: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global food authenticity market was valued at $5.3 billion in 2017, and is estimated to reach $10.0 billion by 2030, registering a CAGR of 6.9 % from …
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Food Authenticity Market Size to Gain Traction of $10.0 Billion, Growth Opportunities by 2030
According to the report, the global food authenticity industry generated $5.3 billion in 2017, and is estimated to reach $10.0 billion by 2030, witnessing a CAGR of 6.9% from 2021 to 2030. Drivers, restraints, and opportunities Emergence of advanced techniques to bring ease in food authentication, implementation of stringent regulations relating to food fraud globally, and increase …