Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Accordi
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Food segment is the largest end-use industry in the Biodegradable Packaging Market

Plastic biodegradable packaging and paper biodegradable packaging are the two types of product segments in the worldwide biodegradable packaging market. In 2016, plastics were the most popular product type in the worldwide Biodegradable Packaging market, and this trend is likely to continue throughout the forecast period. Starch, polylactic acid (PLA), polyhydroxyalkanoates (PHA), and others make up the plastic product sector. Because of their great biodegradability and recyclability, starch and PLA are the most common product type sub-segments in the food and beverage end-use industry. The global biodegradable packaging market is being driven by rising demand for packaged food, a growing population, and a fast increasing beverage industry in Europe, North America, and Asia-Pacific.


Biodegradable Packaging Market
Biodegradable Packaging Market


Food segment is the largest end-use industry in the biodegradable packaging market

Over the projected period, the worldwide biodegradable packaging market is expected to be dominated by the food segment, followed by the drinks segment. Furthermore, the segment is predicted to increase at the fastest rate over the next decade. Food packaging polymers derived from renewable resources have been developed in response to the rapid growth of non-biodegradable food packaging trash, which has raised environmental concerns. Agricultural resources such as starch, proteins, cellulose, and plant oils provide natural polymers for the production of biodegradable polymer materials. Starch and polylactic acid (PLA) are two biopolymers that are being developed for use as packaging materials in the food and beverage sector. Vendors are introducing biodegradable and sustainable packaging to meet the growing demand for environmentally friendly packaging. Danone uses PLA for their yoghurt cups, while the Coca-Cola Company launched its Plant Bottle, which is partially manufactured from bio-based polymers. Innovia Films, headquartered in the United Kingdom, is also employing wood pulp to create cellulose-based film that is similar to plastics.


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Future Prospects of Global Laboratory Proficiency Testing Market

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