The dioxin analyzer market is poised to grow at a value CAGR of over 3% and is expected to create an absolute dollar opportunity of US$ 102 Mn over the forecast period of 2020-2030. Dioxins and related chemicals are gaining particular attention owing to their toxic nature, and therefore, the sensitive and effective detection of dioxins has become imperative. Further, governments across the world have programs in place to monitor and protect food supply from the contamination of dioxins.
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However, the COVID-19 outbreak has retarded the demand for dioxin analyzers due to the unavailability of components because of major supply chain disruptions. Manufacturers have temporarily shut down their plants, and the demand for dioxin analyzers is witnessing a downturn. However, recovery in demand is expected by the end of last quarter of 2020.
Key Takeaways from Dioxin Analyzer Market Study
- Under the impact of COVID-19, the global dioxin analyzer market is estimated to reach a market valuation of US$ 376 Mn by the end of 2030
- By technology, GC-MS/MS dioxin analyzers are projected to expand at a value CAGR of 2.7%, to be valued 2.3X than GC-HRMS by the end of 2020.
- On the basis of end user, the food testing laboratories segment is anticipated to expand 1.1X by 2030-end, to reach a market valuation of US$ 98 Mn.
- Collectively, government institutions and food product companies are foreseen to account for over 75% of the absolute $ opportunity from 2020 and 2030.
- By region, East Asia is expected to emerge as the fastest-growing dioxin analyzer market, and is projected to create an absolute $ opportunity of US$ 20 Mn by the end of 2030.
“Despite the impact of COVID-19, the recovery of the dioxin analyzer market is expected by the end of 2020. Post COVID-19 pandemic, swift growth in food safety and testing is expected to create demand for dioxin analyzers, thereby contributing to the growth of the market,”says a Fact.MR analyst.
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Key Segments of Dioxin Analyzer Market
Fact.MR’s study on the dioxin analyzer market offers information divided into three key segments – technology, end user, and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
Technology
- GC – MS/MS
- GC – HRMS
- LC – MS/MS
End-User
- Food Testing Laboratories
- Government Institutions
- Food Product Companies
Key Country-wise Inclusions
- US Dioxin Analyzer Market
• Canada Dioxin Analyzer Market Sale
• Germany Dioxin Analyzer Market Production
• UK Dioxin Analyzer Market Industry
• France Dioxin Analyzer Market
• Spain Dioxin Analyzer Market Supply-Demand
• Italy Dioxin Analyzer Market Outlook
• Russia & CIS Market Analysis
• China Dioxin Analyzer Market Intelligence
• India Dioxin Analyzer Market Demand Assessment
• Japan Dioxin Analyzer Market Supply Assessment
• ASEAN Dioxin Analyzer Market Scenario
• Brazil Dioxin Analyzer Market Sales Analysis
• Mexico Dioxin Analyzer Market Sales Intelligence
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After reading the Dioxin Analyzer Market report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the growth of the global .
- Analyze key regions holding significant share of the total Dioxin Analyzer Market revenue.
- Study the growth outlook of the global Dioxin Analyzer Market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use on the Dioxin Analyzer Market growth.
- Investigate the recent R&D projects performed by each Dioxin Analyzer Market player.
The Dioxin Analyzer Market report answers important questions which include:
- What does the status of the Dioxin Analyzer Market look?
- Dioxin Analyzer Market look like after the forecast period?
- Which region has the highest contribution to Dioxin Analyzer Market Devices why?
- Which players remain at the top of the Dioxin Analyzer Market look?
- What opportunities are available for the Dioxin Analyzer Market players to expand their production footprint?
- Which segment has the maximum impact on the Dioxin Analyzer Market look?
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