Analytical Standards Market Size, Competitive Strategies, Application Analysis, Regional, and Forecasts 2020 To 2030

Analytical standards was valued at US$ 1,367.8 million in 2019. It is anticipated to grow at a CAGR of 6.9% from 2020 to 2030.

The growth of the analytical standards market is attributed to several factors such as stringent environmental regulation, government initiatives promoting analytical testing, and the development of the pharmaceutical sector, among others. Companies are launching new analytical standards for a diverse range of industry verticals such as pharmaceuticals, food & beverage, petrochemicals, and forensics, among others. For instance, in September 2018, Honeywell launched a new portfolio of high-quality Fluka analytical standards, intended for utilization in analytical chemistry applications in Europe. Moreover, companies are focusing on developing new research facilities, which further contribute to market growth. For instance, in July 2020, Merck KGaA announced building a new US$ 21.3 Million laboratory facility in Buchs, Switzerland to support the company’s rapidly growing reference materials business. The new facility will enhance the efficiency of research & development, analytical production, and quality control.

Major Key Players of the Analytical Standards Market are:
Agilent Technologies, Inc., Merck KGaA, AccuStandard, Inc., Thermo Fisher Scientific, PerkinElmer Inc., LGC Limited, Restek Corporation, Cayman Chemical, Chiron AS, and Mallinckrodt, among others.

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Furthermore, the growing food & beverage industry is also driving the growth of the analytical standards market. According to the 2020 Food and Drink Industry Report, the food & drink industry is the UK’s largest manufacturing sector, contributing around £31.1bn to the economy annually. Food analysis requires various analytical procedures for providing information about a wide variety of different characteristics of foods, including their composition, structure, physicochemical properties, and sensory attributes.

However, the lack of well-trained technicians and expensive procedures will hamper the growth of the analytical standards market to some extent.

The Analytical Standards Market is segmented on the basis of Type, Technique, Application and region.

Major Types of Analytical Standards Market covered are:

• Organic Standards
• Inorganic Standards

Major Technique of Analytical Standards Market covered are:

• Chromatography
• Titrimetry, Spectroscopy
• Physical Properties Testing Standards

Major Applications of Analytical Standards Market covered are:

• Pharma and Life Sciences
• Environmental
• Food and Beverage
• Forensics
• Petrochemicals and Veterinary

Research objectives:-

– To study and analyze the global Analytical Standards consumption (value & volume) by key regions/countries, product type and application, history data.

– To understand the structure of the Analytical Standards market by identifying its various sub-segments.

– Focuses on the key global Analytical Standards manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.

– To analyze the Analytical Standards with respect to individual growth trends, future prospects, and their contribution to the total market.

– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Contents

1. INTRODUCTION
   1. Market Definition
   2. Market Classification
   3. Geographic Scope
   4. Years Considered for the Study: Historical Years – 2017& 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
   5. Currency Used
2. RESEARCH METHODOLOGY
   1. Research Framework
   2. Data Collection Technique
   3. Data Sources
   4. Market Estimation Methodology
   5. Data Validation and Triangulation
3. ABSTRACT OF THE STUDY
4. MARKET DYNAMICS ASSESMENT
   1. Overview
   2. Drivers
   3. Barriers/Challenges
   4. Opportunities
5. UNIQUE SELLING PROPOSITION (USP)
   1. COVID-19 Impact Assessment
6. GLOBAL ANALYTICAL STANDARDS MARKET – ANALYSIS & FORECAST, BY TYPE
   1. Organic Standards
   2. Inorganic Standards
7. GLOBAL ANALYTICAL STANDARDS MARKET – ANALYSIS & FORECAST, BY TECHNIQUE
   1. Chromatography
   2. Titrimetry
   3. Spectroscopy
   4. Physical Properties Testing Standards
8. GLOBAL ANALYTICAL STANDARDS MARKET – ANALYSIS & FORECAST, BY APPLICATION  
   1. Pharma and Life Sciences
   2. Environmental
   3. Food and Beverage
   4. Forensics
   5. Petrochemicals
   6. Veterinary
9. GLOBAL ANALYTICAL STANDARDS MARKET – ANALYSIS & FORECAST, BY REGION
   1. North America Analytical Standards Market
   2. Europe Analytical Standards Market
   3. Asia Pacific Analytical Standards Market
   4. Rest of the World (ROW) Analytical Standards Market
10. COMPETITIVE LANDSCAPE
    1. Key Players & Their Competitive Positioning (2019)
    2. Key Strategies Assessment
       1. Acquisition/Agreement
       2. New Product Launch/Expansion
11. COMPANY PROFILES              (Business Overview, Products Offered, Financial Performance*, Recent Developments)
    1. Agilent Technologies, Inc.
    2. Merck KGaA
    3. AccuStandard, Inc.
    4. Thermo Fisher Scientific
    5. PerkinElmer Inc.
    6. LGC Limited (Division of LGC Group)
    7. Restek Corporation
    8. Cayman Chemical
    9. Chiron AS
    10. Mallinckrodt

*Financial details might not be captured in case of privately-held companies or forcompanies that do not report this information in public domain

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In the end, Analytical Standards industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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