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Research analysis of the global chromatography accessories and consumables market identifies the increasing usage of chromatography in food safety as one of the major factors that will have a positive impact on the growth of the market. The level of chemical additives, contaminants, and residues in food products are specified by various regulations set by the food committee. This compels food processors and manufacturers to assess the quality of food products.
As a result, chromatography is used at various stages from detecting additives to determine the quality of food. They are used for the detection of spoilage of food, determine the vitamin C and nutritional quality of food, and the detection of food additives. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 6% by 2021.
One of the key trends that will gain traction in the global chromatography accessories and consumables market is the launch of new products with enhanced capabilities. With the growing demand, there is an increasing focus among the manufacturers to develop products and instruments that perform fast chromatographic procedures. High-performance liquid chromatography (HPLC) is one such technique and it is more suitable for enantioseparations in the pharmaceutical industry.
The chromatography accessories and consumables market is characterized by the presence of diversified international and regional or local vendors. The regional vendors are finding it difficult to compete against the international players especially in terms of quality, price, market reach, and financial resources. The increase in product innovations, product or service extensions, and mergers and acquisitions will strengthen the competitive environment of this marketspace.
The life science segment comprises of biotechnology, pharmaceutical, and healthcare industries. The pharmaceutical and biotechnology sectors are witnessing significant growth due to the rising investments. This will result in the development of new and advanced technologies. The demand for chromatography accessories and consumables will continue to increase in this end-user segment during the next four years due to the rising need for separation techniques.
The biotechnology and pharmaceutical industries in the US and Canada are adopting highly advanced chromatography techniques. The rising prevalence of chronic diseases such as diabetes, kidney, and respiratory diseases, the emergence of new deadly diseases, and the increasing demand for personalized medicines is driving the need for drug discovery. The demand for innovative chromatography instruments and their accessories and consumables will continue to increase due to the rising focus on the development of new and prominent drug analysis techniques to discover more complex drugs.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Market landscape
PART 05: Market segmentation by end-user
PART 06: Geographical segmentation
PART 07: Decision framework
PART 08: Drivers and challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Appendix
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