Global Destructive testing Market to reach USD xx billion by 2027.Global Destructive testing Market is valued approximately at USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.40% over the forecast period 2021-2027. Destructive testing is gaining significant demand from food industry. It is a technology that prevents food contamination & microbiological hazards. It offers data on various aspects of a food item, including their composition, structure, physiochemical properties and sensory attributes. Rising food & beverage industry across the globe is driving the growth of market over the forecast years. For instance, according to Germany Trade & Invest, Germany is the largest food producer in Europe. Manufacturing execution systems are used the food processing sector is primarily characterized by its small & medium sized organizations which are over 6000 resulting in generating a production value of around USD 194 billion by the end of the year 2018. In the food processing sector, the largest sub-sector includes meat which accounts for 23.7% of the whole food processing sector followed by Dairy accounting for 15.1%, Baked goods (9.7%) and confectionery & long-life bakery products (7.6%). Also, According to United States Department of Agriculture, China food processing sector was also on the inclination mode. The food processing sector witnessed a surge of around 6.0% in the year 2018 which enhanced and reached to 6.2% in the year 2019. China holds a significant share in food processing, food manufacturing and beverage manufacturing organizations. There are around 24,661 organizations operating in food processing, 8862 organizations operating in food manufacturing and about 6714 organizations operating in beverage production. Whereas, rising technological advancement in destructive testing is expected to create a lucrative opportunity for the market growth in the forecast years.
The major regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World are considered for the geographical analysis of global Destructive testing market. North America accounts for the leading share in the market due to the rising food & beverage industry across the globe. Whereas, rising popularity of packed food in the Asia pacific region is anticipated to create lucrative opportunity for the market growth.
Major market player included in this report are:
OHAUS
Thermo Fisher Scientific
Ametek Mocon
Mettler Toledo
METER Group, Inc.
An?(C)olia
WITT-GASETECHNIK GmbH & Co KG (Oxybaby)
Metrohm
PCE Deutschland GmbH
Sartorius AG
KERN & SOHN GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Transport Mode within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Device type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Device type:
Texture Analyzer
Moisture Analyzer
Corrosion Detector/ Tester
Pressure/ Burst Tester
Karl Fischer Titrator
By End-Use:
Packaged food
Dairy
Confectionery
Bakery
Others
By Configuration:
Stationed Units
Benchtop/ Table top
By Operation:
AC mains supply
Battery operated
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Destructive testing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors