Market Size and Overview:
The global gas chromatography food testing devices market is estimated to reach a total market valuation of USD 10.52 Billion to USD 20.49 billion by 2030. The market is projected to grow with a CAGR of 10% per annum during the period of analysis (2024 - 2030).
Compounds that can undergo vaporization without undergoing decomposition are typically examined and isolated using gas chromatography (GC). GC serves the purpose of identifying compounds, isolating pure compounds from mixtures, and confirming the purity of substances. Moreover, it has the capability to segregate the constituents within a mixture.
The growth of the gas chromatography market is being propelled by various factors. These include the increasing utilization of gas chromatography techniques in drug discovery processes, as well as its expanding applications across diverse industries such as forensic science, chemical and food industries, pharmaceuticals, and environmental testing laboratories. Furthermore, the market size for gas chromatography is expanding due to the introduction of hybrid chromatography methods like GC-MS. Conversely, advancements in gas chromatography techniques for petrochemical applications are expected to generate lucrative opportunities for market players.
A key factor expediting market growth is the burgeoning partnerships between manufacturers of chromatography instruments, academic institutions, and research laboratories. Other factors bolstering the gas chromatography market encompass the rising adoption of GC-MS, the implementation of environmental pollution reduction policies, growing concerns about food safety, and the increasing significance of chromatography tests in the drug approval process. Additionally, during the forecast period from 2022 to 2030, the growth of the proteomics market and the development of enhanced gas chromatography columns for the petroleum industry are poised to unlock fresh business prospects for technology suppliers.
Impact of Covid-19 on the Industry
The global healthcare workflows have been severely disrupted by the COVID-19 pandemic. Enterprises across various sectors of healthcare have temporarily ceased operations. The gas chromatography industry is also expected to undergo a brief period of negative growth in 2020, attributable to factors such as decreased product demand, limited operations across industries, insufficient funding for academic and research institutions, temporary closures of leading research institutes, disrupted supply chains, and challenges in delivering necessary post-sales services.
Market Drivers
Market growth will be driven by increased utilization of gas chromatography in the Food and Beverage industry.
Applications of gas chromatography in the food industry include analysis of food additives, flavor and fragrance components, as well as detection and analysis of contaminants like environmental pollutants, pesticides, and naturally occurring toxins. Additionally, the expansion of the food industry due to population growth heightens the risk of food adulteration, necessitating the use of gas chromatography technology.
Rising demand in emerging economies is propelling market growth.
Emerging economies with increasing GDP and healthcare spending, fueled by large population bases, offer significant growth opportunities for the global gas chromatography sector. Notably, there's a rising trend in the popularity of micro gas chromatographs, driven by companies' emphasis on compact tools, space efficiency, and substantial investments. Micro gas chromatographs offer advantages such as faster result acquisition, lower energy consumption, reduced sample gas volumes, enhanced process precision and accuracy, and improved operational reliability.
Market Restraints
The substantial cost of gas chromatography instruments will pose a challenge to market growth.
Gas chromatography equipment is costly due to its intricate features and performance capabilities. However, the cost varies depending on its application. With the increasing demand for these instruments in sectors like food and beverage, oil and gas, biotechnology, and pharmaceuticals, particularly among small and medium-sized enterprises and academic institutions, the expenditure on these systems has witnessed a significant surge. This is mainly due to the utilization of capillary columns in these instruments to separate molecules, such as hydrogen, oxygen, and methane, further driving up costs.
Global Gas Chromatography Food Testing Market - By Product
The instrument segment further subdivides into systems, detectors, autosamplers, and fraction collectors. Similarly, the consumables & accessories category divides into columns and supplementary components, fittings and tubing, auto-sampler attachments, flow control apparatus, pressure regulator attachments, and other items like pressure regulators, gas generators, and gas purifiers. The consumables & accessories category dominated the global gas chromatography market share in 2021, a trend expected to persist throughout the forecast period. This dominance is driven by their limited lifespan and the escalating utilization of consumables and accessories within the pharmaceutical sector. These components aid in the separation, identification, and testing of various substances such as vitamins, preservatives, additives, proteins, and amino acids.
Global Gas Chromatography Food Testing Market - By End-User
End-users are categorized into pharmaceutical and biotechnology firms, academic and research establishments, food and beverage enterprises, and others such as oil and gas corporations and environmental agencies. The pharmaceutical and biotechnology sector secured the largest market share in 2021 due to the increased adoption of gas chromatography techniques. These techniques are utilized for various purposes including sample identification and analysis for chemical or trace element presence, large-scale production of highly pure materials, chiral compound separation, and small molecule detection. The dominance of pharmaceutical and biotechnology companies is projected to persist throughout the forecast period.
Global Gas Chromatography Food Testing Market - By Geography & Region
North America dominated the gas chromatography market in 2021 by region, a trend expected to continue through the forecast period. This dominance is attributed to the presence of significant biotech and pharmaceutical companies, particularly in the United States. Furthermore, the anticipated increase in gas chromatographic technique adoption for drug discovery and approval by biopharmaceutical and pharmaceutical companies will further fuel market growth in the region during the forecast period.
Global Gas Chromatography Food Testing Market - By Companies
Agilent Technologies
Thermo Fisher Scientific Inc.
Restek Corporation
Shimadzu Corporation
Bruker Corporation
Danaher Corporation (Phenomenex)
Leco Corporation
Merck KGaA
SRI Instrument
NOTABLE EVENTS IN THE GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET IN RECENT TIMES:
Merger & Acquisition: In 2021, Thermo Fisher Scientific Inc. (NYSE: TMO), a global leader in scientific services, acquired PPD, Inc. (Nasdaq: PPD), a major provider of clinical research services to the biopharmaceutical and biotech industries, for $17.4 billion.
Merger & Acquisition: In 2021, Bruker Corporation (Nasdaq: BRKR), a leading provider of benchtop preclinical nuclear molecular imaging (NMI) systems, announced the acquisition of MOLECUBES NV, enhancing its position in NMI systems for preclinical and translational imaging research.
Merger & Acquisition: In 2019, Meyer Burger Technology Ltd. issued 62,288,420 registered shares and acquired 18.4% of Oxford Photovoltaics Limited (SIX Swiss Exchange: MBTN) from its authorized capital, marking a significant investment in Oxford PV.
Chapter 1. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – Scope & Methodology
1.1. Market Segmentation
1.2. Assumptions
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – Executive Summary
2.1. Market Size & Forecast – (2024 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2024- 2030
2.3.2. Impact on Supply – Demand
Chapter 3. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET - Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – By Product
6.1. Instruments
6.2. Consumables & Accessories
Chapter 7. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – By End User
7.1. Pharmaceutical and Biotechnology Industries
7.2. Academic Research Industries
Chapter 8. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – By Region
8.1. North America
8.2. Europe
8.3. The Asia Pacific
8.4. Latin America
8.5. The Middle East
Chapter 9. GLOBAL GAS CHROMATOGRAPHY FOOD TESTING MARKET – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
9.1. Agilent Technologies
9.2. Thermo Fisher Scientific Inc.
9.3. Restek Corporation
9.4. Shimadzu Corporation
9.5. Bruker Corporation
9.6. Danaher Corporation(Phenomenex)
9.7. Leco Corporation
9.8. Merck KGaA.
9.9. Sri Instrument
2850
5250
4500
1800