The global Food testing Market is estimated to surpass $7,688 million mark by 2023 growing at an estimated CAGR of more than 6.1% during 2018 to 2023.
Food Traceability market is expected to reach $18,528 million by 2023, registering a CAGR of 9.1% from 2018-2023.
Consumer water and air treatment market is expected to cross $2 billion by 2020; with the rise of integrated home solutions in U.S. and Europe will drive the market in coming years
The global dosing system by application which includes water treatment, power generation, oil and gas, chemical processes and others generated a revenue of $5,484.2 million in 2017 and is expected to rise at a CAGR of 4.9% during 2018-2023
The food testing market demand is estimated to grow at a noticeable compound annual growth rate (CAGR) of 5%-6% during the forecast period of 2019-2025.
Food diagnostic equipment and consumable market is valued 3316$ million in the year 2017 and is anticipated to grow at a CAGR of 5.9% from 2018-2023.
The global Dispensing System Market is estimated to surpass $8 billion by 2023 growing at an estimated CAGR of 4.8% during 2018 to 2023 majorly driven by automation and mass production in most of the industries.
The global palletizing systems market has experienced an increase in demand lately. The market recorded revenue of $1385.5 million in 2017 and is estimated to grow at a CAGR of 4.3% through the forecast period 2018-2023.
Europe is the dominant region in the Global stabilizer systems market with a share of approximately 43% in 2015, mainly due to high penetration of convenience food in this region and with the increasing demand for packaged foods, APAC is estimated to be the fastest growing market during 2015-2020.
The food allergen and intolerance testing market is poised to grow at a profitable compound annual growth rate (CAGR) of 11.20% from 2019 to 2025.