Reports Coverage
Food Contact Materials (FCM) Testing Market Key Insights
Food Contact Materials (FCM) Testing Market Analysis by Regions
Food Contact Materials (FCM) Testing Market Analysis by Segments
Food Contact Materials (FCM) Testing Market Size (current and future)
Food Contact Materials (FCM) Testing Market Competitive Benchmarking
2 years ago
This report aims to provide a comprehensive presentation of the global market for Food Contact Materials (FCM) Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Contact Materials (FCM) Testing....
The market for testing and examining products that come into contact with food during production, processing, storage, and transportation is referred to as the "Food Contact Materials" (FCM) Testing Market. These materials include kitchenware, food preparation equipment, packaging materials, and other items that could come into contact with food either directly or indirectly. The safety and quality of the food are ensured by FCM testing, which makes sure that these materials and items don't transfer any dangerous chemicals or substances to the meal. It encompasses a variety of tests, including sensory, analytical, and migration tests, which are carried out in accordance with rules and guidelines established by government organizations and agencies, including the FDA, EFSA, and BfR.
The market for testing food contact materials (FCM) was estimated to be worth USD **billion in 2018 and is anticipated to grow to USD ** billion by 2031 at a CAGR of **%.
Because governments all over the world have put in place strict rules about food safety, there is more demand for FCM testing. Food-contact materials must undergo testing and receive a safe-for-use certification from regulatory agencies, including the FDA, EFSA, and BfR. The market for FCM testing has been significantly influenced by consumers' increasing awareness of the importance of food safety. Customers are seeking safe and high-quality food items as they become more aware of the potential health dangers linked to hazardous food contact materials.
Risks:
FCM testing can be expensive and take a lot of time, which can be a big problem for small and medium-sized businesses (SMEs). This may make it more difficult for SMEs to compete and enter the market. The infrastructure and resources necessary for FCM testing may be lacking in developing nations, which may restrain the market's expansion in these areas.
The need for FCM testing services has increased as a result of the Asia-Pacific region's increasing knowledge of food safety requirements. Food contact materials must be tested and declared safe for use according to laws set by regulatory agencies in nations like China and India.
Key figures include SGS Bureau Veritas, Intertek Group, Eurofins, C&K Testing,
Technology has also ensured that the global smartwatch market remains competitive, with the neck-to-neck competition due to several entries and increased R&D projects. Even amidst this, few businesses remain industry pioneers due to their significant market shares. Below we offer six of the most prominent smartwatch manufacturers worldwide.
Roger Federer has announced his retirement from competitive tennis tours and grand slams.
This fall, Sotheby's will auction three artworks by Willem De Kooning. Read ahead to find out more about De Kooning as an artist and how his three works have come up for auction.
Douglas Insights has attempted to expand the growth of its comparison engine to include CCTV Cameras Market. The market reports include a massive trough of i...
Douglas Insights has further expanded its comparison engine with Non-Woven Fabric research reports, allowing market researchers, analysts, industry experts, ...
Douglas Insights has analyzed various aspects of the Carbon Fibers Market and revealed the changes in market trends due to the increasing demand from wind, e...