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. Acc...
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Potato Chips Market Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

 

Potato Chips Market
Potato Chips Market

Potato chips are used in a variety of cuisines, including crusty chip mac and cheese, taco salad, chips with tuna casserole, potato chips omelette, and potato chip chicken, among others.

Market Overview

The COVID-19 outbreak wreaked havoc on the potato supply system, stifling overall market growth. In the United States, for example, dried potato exports fell 16% and fresh potato exports fell 13% in fiscal year 2020 compared to fiscal year 2019. Despite the disruptions in the potato supply chain, the global forced lockdown and extended work from home scenario actively stimulated at-home food consumption as well as snack product growth, which boosted demand for potato chips market. The COVID-19 pandemic has created chances for a slew of new private entrepreneurs to enter the market to meet the soaring demand for potato chips market.

Furthermore, the epidemic has hastened the transition to a more digital society and generated changes in online shopping habits that are likely to last. As a result, internet sales of potato chips market are likely to expand at a quicker rate.

 

Global Potato Chips Market Drivers:

Potato chips are one of the most convenient food options for people who want to keep up with their hectic lives. It cuts down on meal preparation time and can be served as a quick snack or as part of a dinner. Potato chips are made with three basic ingredients: potatoes, oil, and salt, all of which are widely available around the world. As a result, a consistent supply of potatoes and other ingredients is assured, ensuring a steady supply of potato chips market and efficient production planning.

In the coming years, developing countries are likely to boost the global potato chip market. Previously, potato chip consumption was mostly limited to Western countries. Potato chip consumption in developing countries is predicted to increase significantly as a result of the burgeoning trend of westernisation of food consumption habits, as well as the growing economy, growth in middle class population, and increasing urbanisation.

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