Future Prospects of Global Laboratory Proficiency Testing Market

Image
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...
Post a Comment

Global Thaumatin Market Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2022-2028

 

Thaumatin Market
Thaumatin Market 

Thaumatin is a natural protein and low-calorie flavouring ingredient derived from the berries of the Katemfe Fruit plant (Thaumatococcus daniellii). Only a few proteins in the Thaumatin sweetener family are 2000 times sweeter than sugar.

Thaumatin is a heat-resistant protein that is also water-soluble and acid-resistant. Thaumatin was found for the first time by the University of Lagos in Nigeria. Thaumatin has been frequently employed in dairy and non-dairy products in recent years. Thaumatin is often used in confectionery items such as hard candies, chocolates, and gummies to prolong and improve flavours, particularly mint, berry, and citrus.

Thaumatin Market: Drivers and Restraints

Rapid consumption of dairy and non-dairy products, as well as rising health consciousness among consumers around the world, are driving the Thaumatin industry. The global Thaumatin market is driven by macroeconomic variables such as per capita income, emerging economies, changing lifestyles, and fast urbanisation.

Mergers and acquisitions among Thaumatin market companies, as well as rising investment in the food and beverage industry, are other important driving factors in the worldwide Thaumatin market. Forward integration and mergers with domestic businesses can help market players in the Thaumatin market obtain a large share of the market. The main restraint on the Thaumatin market is its limited availability zone, which is primarily in West Africa.

 

Thaumatin Market: Segmentation Overview

The end-use industry, which comprises the pharmaceutical, cosmetics, nutraceutical, food and beverage, and other industries, is used to segment the Thaumatin market. Among the industries stated above, Food and Beverage has the largest market share in the worldwide Thaumatin market and is expected to increase at a positive rate over the forecast year.

The global Thaumatin market is also segmented by application categories, such as flavouring agent, sweetener, and others. Flavoring agent has a large market share in the worldwide Thaumatin market among the aforementioned application types. For many years, the largest market for Thaumatin has been food and confectionery.

Comments

Post a Comment

Popular posts from this blog

Future Prospects of Global Laboratory Proficiency Testing Market

Image
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...
Read more

Malaria Vaccines Market – Making Way for a Malaria-Free World

Image
  Overview of the Global Malaria Vaccine Market Malaria has been a global problem over the past ten years, causing millions of fatalities. The creation of vaccines is an important component of effective interventional control. Novel vaccination ideas have attracted a lot of attention in recent years. A broad pipeline has been studied, thanks to ongoing study into the malaria life cycle. Understanding the biology of the deadly human malaria parasites Plasmodium falciparum and Plasmodium vivax is critical to expanding opportunities in the malaria vaccine industry. The market for malaria vaccines has been opened up by generations of pre-erythrocytic vaccinations. This has resulted in a flurry of biotech investments. RTS,S/AS01 (RTS,S) is the most thoroughly tested malaria vaccine candidate for P. falciparum. The study on the worldwide Malaria Vaccines Market examines the investment trends associated with various vaccine development approaches around the world. It examines healt...
Read more

Global and China Catheter Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Image
  Global and China Catheter Market A catheter is a tube that is inserted into a body cavity, typically the bladder, to remove fluid. The most common type of catheter is an indwelling urinary catheter, which is required by people who are unable to completely empty their bladders or who require assistance in emptying at the appropriate time. Spina bifida, multiple sclerosis, stroke, or a spinal injury are all conditions that contribute to the need for a urinary catheter. The use of a catheter, particularly after a medical procedure that necessitated hospitalisation, is more common than many people realise. According to statistics, between 15% and 25% of hospitalised patients receive urinary catheters during their stay. Catheterization, however, is not without risk. Infections can occur in the urethra, bladder, or kidneys, though the latter is less common. Catheters can also cause bladder spasms, leakage around the catheter, and debris in the catheter. The urinary tract infection is...
Read more