Analytical Standards Market worth 1.56 Billion USD by 2020

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MarketsandMarkets Presents
Analytical Standards Market worth 1.56
Billion USD by 2020
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The report "Analytical Standards Market by
Technique (Chromatography, Spectroscopy,
Titrimetry, Physical Property Testing),
Application (Food Beverage, Environmental,
Pharmaceutical, Cosmetic, Veterinary, Forensics,
Petrochemistry) - Global Forecast to 2020",
analyzes and studies the major market drivers,
restraints, opportunities, and challenges in
North America, Europe, Asia-Pacific, and the Rest
of the world (RoW). Browse 72 market data Tables
and 45 Figures spread through 182 Pages and
in-depth TOC on "Analytical Standards Market by
Technique (Chromatography, Spectroscopy,
Titrimetry, Physical Property Testing),
Application (Food Beverage, Environmental,
Pharmaceutical, Cosmetic, Veterinary, Forensics,
Petrochemistry) - Global Forecast to
2020" http//www.marketsandmarkets.com/Market-Rep
orts/analytical-standards-market-8484789.html
 
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Early buyers will receive 10 customization on
this report.

 
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• This report studies the global analytical
  standards market over the forecast period of 2015
  to 2020. The market is expected to reach USD 1.56
  Billion by 2020, at CAGR of 6.5 from 2015 to
  2020. A number of factors such as stringent
  regulatory environment in the pharmaceutical
  industry, growing food safety concerns across the
  globe, growing government funding for research
  activities in various industries, rising demand
  for analytical instruments in proteomics
  metabolomics and growing importance of analytical
  tests in approval of biologics and biosimilars
  are driving the growth of the global analytical
  standards market. On the other hand, factors such
  high cost of analytical instruments and lack of
  skilled professionals are restricting the growth
  of the global analytical standards market.

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• Based on technique in which analytical
  standards are used the global analytical
  standards market is classified into four major
  segments, namely, chromatography, spectroscopy,
  titrimetry and physical property testing. The
  chromatography segment is expected to account for
  the largest share of the analytical standards
  market in 2015, attributing to growing food
  safety concerns, increasing importance of
  chromatography tests in drug approvals, and new
  product launches.

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• On the basis of applications, the global
  analytical standards market is divided into
  segments, namely, food beverage, environmental,
  pharmaceutical and life sciences, forensic,
  veterinary and petrochemistry. The food
  beverage segment is further classified into
  flavors and fragrances, carbohydrates, peptides /
  amino acids, food additives, Fatty
  Acids/FAME/Lipids, GMO (genetically modified
  organisms) and mycotoxins. The pharmaceutical and
  life sciences application segment is estimated to
  grow at the highest CAGR of from 2015 to 2020.
  This high growth is primarily due to stringent
  regulatory guidelines for the pharmaceutical
  industry, and increased pharmaceutical life
  science RD spending.

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• The environmental segment is categorized into
  pesticide standards, volatiles / semivolatiles
  standards, flame retardants standards, aroclors,
  PCBs and dioxins standards, alkylphenols
  standards and solid waste standards. Likewise,
  the pharmaceutical and life sciences market is
  categorized into cosmetic standards, herbal drugs
  / phytopharmaceuticals standards, pharmaceutical
  secondary standards, pharma impurities standards,
  pharmacopoeia standards and fluorescent
  microparticles standards. 

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• The forensic segment includes drugs of abuse and
  doping standards. Similarly, the veterinary
  segment is categorized into two sub-segments,
  namely antibiotics and hormones standards. The
  petrochemistry is categorized into gasoline,
  diesel Petroleum standards and Biofuels
  standards.

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• As of 2015, North America held the largest share
  of the global analytical standards market,
  followed by Europe. However, the Asia-Pacific
  market is expected to grow at the highest CAGR
  from 2015 to 2020. A number of factors, including
  as increasing life science research funding,
  development of bioclusters in various countries,
  increasing outsourcing of clinical trials from
  developed nations to APAC countries, rising
  number of chromatography-based research
  activities, use of chromatography in the food and
  environmental industry, and growing food security
  concerns are stimulating the growth of the
  analytical standards market in the Asia-Pacific
  region.

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• Merck KGaA (Germany), LGC Limited (U.K.), Agilent
  Technologies Inc. (U.S.), Waters Corporation
  (U.S.), and Restek Corporation (U.S.) are the
  major players in the global analytical standards
  market.

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