Food and Beverage Services

Food & beverages services mainly include quality and safety testing, certification and labeling, and food products and beverages logistics. Rise in consumer awareness about food safety, increase in disease outbreaks and foodborne illnesses, and implementation of stringent food safety regulations are few of the major factors that plays a crucial role in the development of these services. For instance, the Food Safety Food & beverages services mainly include quality and safety testing, certification and labeling, and food products and beverages logistics. Rise in consumer awareness about food safety, increase in disease outbreaks and foodborne illnesses, and implementation of stringent food safety regulations are few of the major factors that plays a crucial role in the development of these services. For instance, the Food Safety and Inspection Service (FSIS), the Food Safety and Standards Authority of India (FSSAI), and United States Food and Drug Administration (FDA) are among the key organizations regulating the food & beverages sector. Also, the sector is experiencing technological innovations with major players offering new, fast, and more accurate devices and advanced technologies for testing, labeling, and logistics of food products and beverages. The inductively coupled plasma mass spectrometry (ICP-MS), inductively coupled plasma-optical emission spectrometry (ICP-OES), nuclear magnetic resonance (NMR) and near-infrared spectroscopy (NIRS) are among the modern food safety testing technologies that offer numerous opportunities to players operating in this industry. However, the lack of coordination between market stakeholders, high costs associated with procurement of services, and improper enforcement of regulatory laws and supporting infrastructure in developing countries are among the major challenges faced by the food & beverages service providers. Major players involved in the food & beverages service industry are Eurofins, Intertek Group plc, ALS Limited, SGS S.A., Yusen Logistics, Noatum Logistics, DLG TestService GmbH, among others.

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