The world is currently experiencing a huge challenge which has affected all the industries and markets. Few markets have experienced a high growth in their demand while others have faced a downfall. The extent of growth or drop in the market statistics of different industries by COVID 19 plays an important role in how the future of businesses will shape up in the near future. We at Value Market Research provide you with an impact analysis of COVID 19 on this market with its latest update in the purchased version of the report.
Global Analytical Standards Market Report by Category (Organic Standards, Inorganic Standards), Technique (Chromatography, Spectroscopy, Titrimetry, Physical Property), Application (Environmental, Food & Beverage, Pharmaceutical & Life Sciences, Petro chemistry, Forensic and Veterinary) and by Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027
ID:VMR11211417
July 2021
Report Formats:
Global Analytical Standards Market Overview
An analytical standard is a complex of high purity and identified concentration to be used as a calibration standard for a given assessment. It refers to a material that has been certified by some reliable organization to be of consistent quality and composition. Analytical standards have an extensive range of applications in several fields such as chromatography, electrophoresis, microscopy, spectroscopy, metabolomics, and proteomics. Also, it includes areas of trace analysis, petrochemical, environmental, clinical, certified reference materials, GMO standards, forensic science & veterinary. The analytical standard is being used across numerous end-use industries due to its immense potential to enhance quality and ensure high purity to the product. Analytical standards are adopted across various sectors, such as oil & gas, food & beverage, chemical, food and beverage, pharmaceutical, cosmetic, and others, to ensure optimal product safety and quality. World demand for analytical standards is foreseen to grow with rising safety regulations and concerns in the food and pharma industry, growing environmental safety concerns, and technological advancements leading to new product developments.
Analytical standards are a certain set of methods or degrees which is utilized to inspect the resulting yield, characteristic, and virtue of the medicine or drug manufactured by several pharma organizations. Analytical standards are majorly used in the pharmaceutical sector due to the numerous benefits associated with them. The rapidly growing food & beverage sector globally leads to more demand for analytical standards to maintain food safety and quality. Thus it is positively contributing to the analytical standard market growth.
The outbreak of COVID-19 had positively influenced the analytical standards market at the global level. There is a massive demand for antiviral analytical standards, as there are several COVID-19 therapeutics, diagnostic products, and vaccines under clinical studies. With the novel corona virus's speedy spread, the pharmaceutical industries are at the front position of fighting COVID-19. Analytical standards play a significant role in checking the product quality, efficiency, and purity of the drug being produced by several pharma companies.
The standard analytical market is vast, with the presence of a large number of local and global players. The key leaders such as Merck KGaA, Agilent Technologies, Danaher, Waters Corporation, LGC Standards, and PerkinElmer, Inc. (US) follow various strategies such as acquisition, expanding product portfolio to improve their market position and to meet the growing need of pharmaceutical and food sectors. The analytical standards market players globally have started developing and introducing innovative products for accurate analysis, raising concerns related to food contamination. For example, Danaher increases its analytical standards product portfolio by launching several innovative products, such as analytical standards for five omega-3 fatty acids, phosphatidylethanol (PEth), and two omega-6 fatty acids.
In this research report, the Analytical Standards market is segmented by application, technique, type, and region.
Analysis, By Application
By application, the global analytical standards market is segmented into environmental, food & beverage, pharmaceutical & life sciences, petrochemistry, forensic, and others. Pharmaceutical & life sciences are the fastest-growing segment with a double-digit CAGR growth. Environmental is dominating the segment, followed by food and beverages. The environmental segment is growing attributed to the rising pollutants emissions, regulatory mandates associated with the environment, increasing awareness about the importance of a clean environment, degradation of environmental quality, and solid waste generation. The food & beverage sector across the globe leads to more demand for analytical standards to maintain food safety and quality.
Analysis, By Technique
Based on technique, the global analytical standards market has been segmented into chromatography standards, spectroscopy standards, titrimetry standards, and others. Among these, chromatography standards are dominating the segment, followed by titrimetry standards. Titrimetry standards are estimated to grow at a faster rate over the forecast period. Chromatography standards are widely used across environmental testing, chemicals, research, forensic, food testing, cosmetics, and oil & petrochemical sectors due to its benefits over other analytical techniques such as its high selectivity, reliability, sensitivity, and versatility.
Analysis, By Type
Based on type, the global analytical standards market is bifurcated into organic analytical standards and inorganic analytical standards. Organic analytical standards dominate the segment that accounted for around two-thirds of the market share of the total market. The organic segment acquired a more significant share in the market due to stringent quality standards, calibration methods, and higher use in food & beverage, pharmaceutical, and forensic laboratories.
Analysis, By Region
Based on region, the global analytical standards market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2020, North America emerged as the leading region in the analytical standard market, accounting for 38%. The demand for the analytical standard in North America is rising due to the regulatory authorities' stringent regulations for food safety testing. The increase in the prevalence of foodborne diseases in the region drives the demand for more efficient safety testing kits, thus creating the immense need for the analytical standard. The growth of the analytical standard market in Asia-Pacific is projected to be highest, growing at a double-digit rate during the forecast period due to the rise in drug discoveries, soil and sediment testing, pesticide analysis, air quality testing, etc.
Market Segmentation covered in the Report:
By Application
By Technique
By Type
By Region
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
An analytical standard is a complex of high purity and identified concentration to be used as a calibration standard for a given assessment. It refers to a material that has been certified by some reliable organization to be of consistent quality and composition. Analytical standards have an extensive range of applications in several fields such as chromatography, electrophoresis, microscopy, spectroscopy, metabolomics, and proteomics. Also, it includes areas of trace analysis, petrochemical, environmental, clinical, certified reference materials, GMO standards, forensic science & veterinary. The analytical standard is being used across numerous end-use industries due to its immense potential to enhance quality and ensure high purity to the product. Analytical standards are adopted across various sectors, such as oil & gas, food & beverage, chemical, food and beverage, pharmaceutical, cosmetic, and others, to ensure optimal product safety and quality. World demand for analytical standards is foreseen to grow with rising safety regulations and concerns in the food and pharma industry, growing environmental safety concerns, and technological advancements leading to new product developments.
According to Value Market Research, the global analytical standards market size was valued at about USD 1.4 billion in 2020 and is estimated to grow at a CAGR of around 7% during the forecast period 2021 to 2027.
Analytical standards are a certain set of methods or degrees which is utilized to inspect the resulting yield, characteristic, and virtue of the medicine or drug manufactured by several pharma organizations. Analytical standards are majorly used in the pharmaceutical sector due to the numerous benefits associated with them. The rapidly growing food & beverage sector globally leads to more demand for analytical standards to maintain food safety and quality. Thus it is positively contributing to the analytical standard market growth.
The outbreak of COVID-19 had positively influenced the analytical standards market at the global level. There is a massive demand for antiviral analytical standards, as there are several COVID-19 therapeutics, diagnostic products, and vaccines under clinical studies. With the novel corona virus's speedy spread, the pharmaceutical industries are at the front position of fighting COVID-19. Analytical standards play a significant role in checking the product quality, efficiency, and purity of the drug being produced by several pharma companies.
The standard analytical market is vast, with the presence of a large number of local and global players. The key leaders such as Merck KGaA, Agilent Technologies, Danaher, Waters Corporation, LGC Standards, and PerkinElmer, Inc. (US) follow various strategies such as acquisition, expanding product portfolio to improve their market position and to meet the growing need of pharmaceutical and food sectors. The analytical standards market players globally have started developing and introducing innovative products for accurate analysis, raising concerns related to food contamination. For example, Danaher increases its analytical standards product portfolio by launching several innovative products, such as analytical standards for five omega-3 fatty acids, phosphatidylethanol (PEth), and two omega-6 fatty acids.
In this research report, the Analytical Standards market is segmented by application, technique, type, and region.
Analysis, By Application
By application, the global analytical standards market is segmented into environmental, food & beverage, pharmaceutical & life sciences, petrochemistry, forensic, and others. Pharmaceutical & life sciences are the fastest-growing segment with a double-digit CAGR growth. Environmental is dominating the segment, followed by food and beverages. The environmental segment is growing attributed to the rising pollutants emissions, regulatory mandates associated with the environment, increasing awareness about the importance of a clean environment, degradation of environmental quality, and solid waste generation. The food & beverage sector across the globe leads to more demand for analytical standards to maintain food safety and quality.
Analysis, By Technique
Based on technique, the global analytical standards market has been segmented into chromatography standards, spectroscopy standards, titrimetry standards, and others. Among these, chromatography standards are dominating the segment, followed by titrimetry standards. Titrimetry standards are estimated to grow at a faster rate over the forecast period. Chromatography standards are widely used across environmental testing, chemicals, research, forensic, food testing, cosmetics, and oil & petrochemical sectors due to its benefits over other analytical techniques such as its high selectivity, reliability, sensitivity, and versatility.
Analysis, By Type
Based on type, the global analytical standards market is bifurcated into organic analytical standards and inorganic analytical standards. Organic analytical standards dominate the segment that accounted for around two-thirds of the market share of the total market. The organic segment acquired a more significant share in the market due to stringent quality standards, calibration methods, and higher use in food & beverage, pharmaceutical, and forensic laboratories.
Analysis, By Region
Based on region, the global analytical standards market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2020, North America emerged as the leading region in the analytical standard market, accounting for 38%. The demand for the analytical standard in North America is rising due to the regulatory authorities' stringent regulations for food safety testing. The increase in the prevalence of foodborne diseases in the region drives the demand for more efficient safety testing kits, thus creating the immense need for the analytical standard. The growth of the analytical standard market in Asia-Pacific is projected to be highest, growing at a double-digit rate during the forecast period due to the rise in drug discoveries, soil and sediment testing, pesticide analysis, air quality testing, etc.
Market Segmentation covered in the Report:
By Application
- Environmental
- Food & Beverage
- Pharmaceutical & Life Sciences
- Petrochemistry
- Forensic
- Veterinary
- Others
By Technique
- Chromatography
- Spectroscopy
- Titrimetry
- Physical Property
By Type
- Organic Analytical Standards
- Inorganic Analytical Standards
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ANALYTICAL STANDARDS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Application
3.7.2 By Technique
3.7.3 By Type
3.7.4 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL ANALYTICAL STANDARDS MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Environmental Market by Regions
6.5 Food & Beverage Market by Regions
6.6 Pharmaceutical & Life Sciences Market by Regions
6.7 Petrochemistry Market by Regions
6.8 Forensic Market by Regions
6.9 Veterinary Market by Regions
6.10. Others Market by Regions
7 . GLOBAL ANALYTICAL STANDARDS MARKET ANALYSIS BY TECHNIQUE
7.1 Overview by Technique
7.2 Historical and Forecast Data
7.3 Analysis by Technique
7.4 Chromatography Market by Regions
7.5 Spectroscopy Market by Regions
7.6 Titrimetry Market by Regions
7.7 Physical Property Market by Regions
8 . GLOBAL ANALYTICAL STANDARDS MARKET ANALYSIS BY TYPE
8.1 Overview by Type
8.2 Historical and Forecast Data
8.3 Analysis by Type
8.4 Organic Analytical Standards Market by Regions
8.5 Inorganic Analytical Standards Market by Regions
9 . GLOBAL ANALYTICAL STANDARDS MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America
9.3.1. Overview, Historic and Forecast Data
9.3.2. North America By Segment
9.3.3. North America By Country
9.3.4. United State
9.3.5. Canada
9.3.6. Mexico
9.4. Europe
9.4.1. Overview, Historic and Forecast Data
9.4.2. Europe by Segment
9.4.3. Europe by Country
9.4.4. United Kingdom
9.4.5. France
9.4.6. Germany
9.4.7. Italy
9.4.8. Russia
9.4.9. Rest Of Europe
9.5. Asia Pacific
9.5.1. Overview, Historic and Forecast Data
9.5.2. Asia Pacific by Segment
9.5.3. Asia Pacific by Country
9.5.4. China
9.5.5. India
9.5.6. Japan
9.5.7. South Korea
9.5.8. Australia
9.5.9. Rest Of Asia Pacific
9.6. Latin America
9.6.1. Overview, Historic and Forecast Data
9.6.2. Latin America by Segment
9.6.3. Latin America by Country
9.6.4. Brazil
9.6.5. Argentina
9.6.6. Peru
9.6.7. Chile
9.6.8. Rest of Latin America
9.7. Middle East & Africa
9.7.1. Overview, Historic and Forecast Data
9.7.2. Middle East & Africa by Segment
9.7.3. Middle East & Africa by Country
9.7.4. Saudi Arabia
9.7.5. UAE
9.7.6. Israel
9.7.7. South Africa
9.7.8. Rest Of Middle East And Africa
10 . COMPETITIVE LANDSCAPE OF THE ANALYTICAL STANDARDS COMPANIES
10.1. Analytical Standards Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF ANALYTICAL STANDARDS INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Merck KGaA
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products
11.3.4. Recent Developments
11.4. Agilent Technologies
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products
11.4.4. Recent Developments
11.5. Danaher
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products
11.5.4. Recent Developments
11.6. Waters Corporation
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products
11.6.4. Recent Developments
11.7. LGC Standards
11.7.1. Company Overview
11.7.2. Financials
11.7.3. Products
11.7.4. Recent Developments
11.8. PerkinElmer, Inc.
11.8.1. Company Overview
11.8.2. Financials
11.8.3. Products
11.8.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Application (USD MN)
- Environmental Market by Geography (USD MN)
- Food & Beverage Market by Geography (USD MN)
- Pharmaceutical & Life Sciences Market by Geography (USD MN)
- Petrochemistry Market by Geography (USD MN)
- Forensic Market by Geography (USD MN)
- Veterinary Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis Market by Technique (USD MN)
- Chromatography Market by Geography (USD MN)
- Spectroscopy Market by Geography (USD MN)
- Titrimetry Market by Geography (USD MN)
- Physical Property Market by Geography (USD MN)
- Analysis by Type (USD MN)
- Organic Analytical Standards Market by Geography (USD MN)
- Inorganic Analytical Standards Market by Geography (USD MN)
- Global Analytical Standards Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Analytical Standards Report
- Market Research Process
- Market Research Methodology
- Global Analytical Standards Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Technique
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Application (USD MN)
- Environmental Market by Geography (USD MN)
- Food & Beverage Market by Geography (USD MN)
- Pharmaceutical & Life Sciences Market by Geography (USD MN)
- Petrochemistry Market by Geography (USD MN)
- Forensic Market by Geography (USD MN)
- Veterinary Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by Technique (USD MN)
- Chromatography Market by Geography (USD MN)
- Spectroscopy Market by Geography (USD MN)
- Titrimetry Market by Geography (USD MN)
- Physical Property Market by Geography (USD MN)
- Global Market Analysis by Type (USD MN)
- Organic Analytical Standards Market by Geography (USD MN)
- Inorganic Analytical Standards Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis, 2020
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments