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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...

Preservatives Market Analysis, Overview and Outlook

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Preservatives are substances or chemicals that are applied to pharmaceuticals, food, beverages, paints, cosmetics, and wood in order to prevent microbial development and undesired physical and chemical changes. There are two types of preservatives: natural and synthetic, both of which are employed to improve the quality of the final product. Antioxidants, vitamin E, rosemary extracts, and seed extracts are all natural preservatives that are frequently sourced from plant sources. Chemical components processed and added to the ultimate product include benzoic acid, sodium nitrite, sulphur dioxide, and potassium sorbate, among others. Growing health concerns among the world's population has resulted in a rise in demand for natural preservatives, which is driving the preservatives industry forward. The growing food sector in emerging economies such as India and China is helping to drive the global preservatives market forward. The preservatives market is divided into two categories ...

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