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

Global Resveratrol Market Size, Share, Trends, and Forecast to 2026

Resveratrol is a flavonol that belongs to the flavonoids family. It's a phytoalexin produced naturally by plants when they're attacked by pathogens like bacteria or fungi. Resveratrol can be found in red grapes, peanuts, blueberries, mulberries, raspberries, eucalyptus, spruce, and other plants and foods. Resveratrol is used in a variety of pharmaceutical, cosmetic, and nutritional supplement products.

Resveratrol is widely used in the pharmaceutical business since it has the ability to treat and manage a variety of ailments, including cancer, heart disease, diabetes, and neurological disorders. The popularity of antioxidants and their use has skyrocketed in the cosmetics and nutritional supplement industries. Resveratrol is a potent antioxidant, making it a unique possibility for providing desired anti-aging effects in cosmetics. When taken as a dietary supplement, it may have a variety of favourable effects, including lowering the risk of cardiovascular disease and others.

 

Application of Resveratrol in Cosmetics and Dietary Supplements

The global cosmetics sector is expanding rapidly and is anticipated to continue doing so in the foreseeable future. This is due to a growing public awareness of the importance of skincare. During the projected period, the use of resveratrol in the cosmetics industry is expected to fuel global resveratrol market growth. Several major firms have introduced new skincare products that incorporate resveratrol as an active component.

For example, SkinCeuticals, a skincare business, increased its resveratrol line in 2014 with the launch of Resveratrol B E, an antioxidant night concentrate that boosts the skin's internal antioxidant defence system and aids in the healing and reduction of skin damage. Resveratrol B E is a 1 percent pure soluble resveratrol concentration that has been synergistically boosted with baicalin and vitamin E for added antioxidant protection. During the projected period, the introduction of such unique products is expected to help the worldwide resveratrol market's growth.

 

Resveratrol Market
Resveratrol Market

The global resveratrol market is predicted to develop as new resveratrol-based foods and dietary supplements are approved and released. DSM Nutritional Products, for example, got EU new foods certification in 2016 for resVida, a high purity trans-resveratrol used in food supplements in capsule or tablet form at levels of up to 150 mg per day.

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