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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Animal Nutrition Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

 

Animal Nutrition Market
Animal Nutrition Market

Animal nutrition is concerned with the dietary requirements of animals in a variety of settings, including agriculture and food production, as well as zoos, aquariums, and wildlife management. Feed additives are products used in animal nutrition to improve the quality of feed and food of animal origin, or to improve the performance and health of animals, such as by increasing the digestibility of feed materials. Feed additives may not be put on the market unless they have been approved by the FDA after a scientific review confirming that they are safe for human and animal health as well as the environment.

Growing demand for safe and nutritious animal food, antibiotic restrictions, more producer knowledge of animal health, and an increase in meat consumption among consumers throughout the world are all propelling the global animal nutrition market forward. Furthermore, increased demand for quinolones, sulphonamides, macrolides, and tetracycline in animal nutrition, as well as an increase in the occurrence of zoonotic infections globally, are fueling market expansion.

Amino Acids/ Other Segment is predicted to expand significantly at both a local and regional level, based on Ingredient. Aside from being the building blocks of body proteins, amino acids play a crucial function in a variety of biochemical and metabolic processes in animal cells. As a result, amino acids have a key role in the productivity of farm animals, from growth to production and reproduction, and can considerably contribute to a farm's profitability. As a result, of all the segments, this one is increasing the fastest.

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