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Testing Inspection and Certification Market is projected to expand at a steady CAGR of more than 5% over the 2021-2031 forecast period


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NEW YORK, April 16, 2021 /PRNewswire/ Global testing, inspection, and certification firms serve a wide variety of industries such as food & beverages, textiles, automotive, aerospace, and many others. These service offer excellent customer protection, increase productivity, lower prices, facilitate adherence to regulations, etc. Increasing government customer concerns about substandard products have led to an increase in the quality and safety of testing services across regions.
A major factor driving demand for testing, inspection, and certification is stringent rules and regulations covering various sectors. However, lack of international standards may hinder market growth to some extent. Additionally, new technologies and enormous potential in emerging economies will provide opportunities for the growth of TIC service providers over the coming years. Rise in conscious consumerism will continue on a major scale, piling pressure on brands to protect their reputation ....

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Food Safety Testing Market to grow by $ 6.62 bn |Industry Analysis, Trends, Growth, Opportunities and Forecast


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NEW YORK, April 5, 2021 /PRNewswire/
Technavio has been monitoring the food safety testing market and it is poised to grow by $ 6.62 bn during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Food Safety Testing Market by Application and Geography - Forecast and Analysis 2020-2024
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the food safety testing market.  ....

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Eurofins Bioanalytical Services launches Surrogate Virus Neutralizing antibody detection assays against the SARS-CoV-2 (COVID-19)


Eurofins Bioanalytical Services launches Surrogate Virus Neutralizing antibody detection assays against the SARS-CoV-2 (COVID-19)
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Eurofins Bioanalytical Services, a member of Eurofins BioPharma Services, Laboratory Testing division, announces the launch of a Surrogate Virus Neutralization Test (sVNT) antibody assay against the SARS-CoV-2-virus. An alternative to conventional testing with a live virus, this assay is the first neutralizing antibody serology test authorized by the FDA as emergency use authorization (EUA). This innovative assay detects the presence of neutralizing/blocking antibodies against SARS-CoV-2 virus, that block the interaction between the receptor-binding domain (RBD) of the viral spike glycoprotein with the ACE2 cell surface receptor. ....

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