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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...

Shortenings Market Size, Share, Outlook, and Opportunity Analysis, 2019-2027

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  Shortenings market Any fat that is solid at room temperature and is used to make crumbly pastry and other culinary products is known as shortening. Although butter is solid at room temperature and is commonly used in pastry, the term shortening is more closely connected to margarine than to butter. Ingredients, source, and application are the three segments that make up the worldwide Shortenings market. The global Shortenings market is segmented by ingredients into salsa, ranch, cheese dip, guacamole, hummus, and others. The global Shortenings market is segmented into organic and conventional segments based on the source. The global Shortenings market is segmented by application into supermarkets & hypermarkets, specialty stores, internet retail, and others. The paper gives a comprehensive overview of the industry, using both qualitative and quantitative data. It gives a broad overview of the global Shortenings market and forecasts for key segments. It also includes mar...

Shortenings Market Overview, Analysis and market Restraints

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Shortening is a fat-based product that can be manufactured from either animal or vegetable fat. Because of the benefits afforded by vegetable oil, such as the high prevalence of antioxidants, the plant-based shortening market is likely to acquire substantial traction during the forecast period. Vegetable oils including soybean oil, palm oil, and rapeseed oil are used to make plant-based shortening. The bread and confectionery industries typically employ shortening. Higher per capita food consumption in the Asia Pacific region has led in increased consumption of overall bakery and confectionery items in the region, owing to the region's growing population. According to an analysis of bakery and breakfast cereal products published by the Agricultural and Agri-food Department of Canada (AAFC) in August 2016, Asia Pacific accounted for a significant share of the global bakery products market in 2015, with retail sales of bakery products totaling US$ 86,836.7 million. Changing eatin...

Shortenings Market - Industry Analysis, Market Size, Share, Trends

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Shortenings are solid at room temperature fats that are used to provide a crumbly feel in recipes. They are primarily made up of vegetable oils. The sticky feel of the gluten matrix in baked goods is avoided by using shortenings to establish a barrier between the gluten molecules. Shortenings are generally used in the bakery business to make a variety of food products such pastries, cakes, cake frosting, cookies, and biscuits. Because its smoke point is greater than butter and margarine, shortenings are also used for frying, particularly donut frying. Changing eating patterns, the adoption of convenient food alternatives, the development of a contemporary retail and food service industry, and the easy availability of raw materials are all projected to propel the Asia pacific shortenings market forward over the forecast period. The main raw material used in the production of shortening is fat sourced from animals or plants. It also contains trans-fats, which are hazardous becaus...

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