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In
2022, the size of the Global Drug
Screening Market was evaluated at USD 7.5 billion, and is expected to
grow at a CAGR of around 11.33% from 2025 to 2030. As per the report of the
Drug Report 2021 released by the United Nations Office on Drugs and Crime in
2022, there has been a remarkable rise of 22% in the number of drug users
across the world. Moreover, around 20 million people, representing 0.4% of the
world population, were reported to have consumed cocaine.
As
drug consumption continues to rise among the population, the demand for drug
screening services is anticipated to expand, subsequently fostering significant
growth of the industry during the study period.
The Advent of AI-based
Drug Screening Process Fuels the Global Drug Screening Industry Growth
As
AI technology is becoming more advanced and accessible, AI-based screening
methods are opening up new possibilities for drug discovery. A researcher’s
team from the University of Central Florida has developed an innovative
AI-based screening method that can notably facilitate the procedure of
identifying promising drug candidates. Through this method, the researchers
achieved an impressive accuracy of about 97% in their prediction.
With
such favorable advancements, the drug screening market is poised to expand
significantly in the forthcoming years.
Drug Screening in
Workplace Gained Traction to Make Sure a Safe & Drug-Free Environment for
Employees
On
the basis of end-users, the Global Drug Screening Market is categorized into
the following segments:
·
Drug
Testing Laboratories
·
Workplaces
·
Criminal
Justice & Law Enforcement Agencies
·
Hospitals
·
Drug
Treatment Centers
·
Individual
Users
·
Pain
Management Centers
·
Schools
& Colleges
Out
of these, drug screening in workplaces has gained traction in order to ensure a
safe and drug-free environment for employees and comply with regulatory needs
in some industries. Pre-employment drug testing is helpful to screen potential
candidates before hiring, ensuring that only drug-free candidates are brought
into the workplace.
Moreover,
post-accident drug testing plays a crucial role is finding the cause of
workplace accidents, helping the employer to take appropriate actions.
Consequently, the demand for drug screening solution has increased in the
workplace across several sectors, making it a notable driving force in the
overall growth of the drug screening market.
Top Market Players in the Global
Drug Screening Industry
As
per the latest report by MarkNtel Advisors, the leading players of the Global
Drug Screening Market are:
·
Labcorp
·
Quest
Diagnostics
·
Abbott
Laboratories
·
Orasure
Technologies
·
Alfa
Scientific Designs
·
ThermoFisher
Scientific
·
Dragewerk
·
Lifeloc
Technologies
·
MPD
Inc.
·
Omega
Laboratories
·
Premier
Biotech
·
Psychmedics
·
Siemens
Healthineers
·
Shimadzu
Corporation
·
Hoffmann-La
Roche Ltd
Recent Development in the
Global Drug Screening Market
In June 2023, Quest
Diagnostics, Inc. (DGX)started a partnership with Coriell Life Sciences to provide pharmacogenomics
testing services to specific members of medical plans. This test assesses the
influence of several genes and their variations on how a person responds to
medications.
North America Leads the
Global Drug Screening Market by Occupying a Prominent Share of the Industry
Geographically,
the Global Drug Screening Market extends across the following regions:
·
North
America
·
South
America
·
Europe
·
Middle
East & Africa
·
Asia-Pacific
Among
these, North America has emerged as the dominating region. This dominance can be
accredited to multiple factors that fosters the expansion of regional drug
screening practices. The rising consumption of drugs in the North American
region has raised concerns about the safety and health of the public, resulting
in a higher demand for effective drug screening measures.
Moreover,
strict regulations on the usage of drugs boosting and operating heavy machinery
again drive the adoption of drug screening technologies for accident prevention
and public safety.
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Advisors?
MarkNtel Advisors is a leading research, consulting, &
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In 2022, the Coca Cola Company launched Fuze iced tea in France, i.e., based on fruit juices, plant flavorings, & tea extracts.
According to MarkNtel Advisors study, The France Tea Market is projected to grow at a CAGR of around 5.6% during the forecast period, i.e., 2024-30.
In France, the consumption of green & herbal tea was majorly for medicinal purposes only, and consumers preferred it as a medicine during the historical years. However, the healthy positioning of many of these products, especially fruit/herbal tea and green tea, in terms of the absence of caffeine, is likely to be a major factor influencing its sales in the forecast period. It is mainly because of rising consumer concerns over the negative influence of excessive caffeine consumption on health, i.e., likely to support higher demand for tea in the coming years and reduce the coffee consumption. Excessive caffeine consumption has been causing insomnia, headaches, dizziness, fast heart rate, and dehydration, among consumers, which has been observed to cause a shift in consumers’ preference towards non-caffeinated products, thus contributing in elevationg the France Tea Market size.
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Market Challenge: Coffee is the most preferable & popular beverage in France. Since the historical period, coffee has had a strong cultural preference, owing to the presence of numerous cafes across the country, which mostly serves coffee, or are known for coffee. Hence, with the traditional culture of coffee across France, the demand for tea is predicted to restrict. Also, many individuals prefer coffee over tea when spending leisure time, working, etc., therefore acting as a growth barrier for the France Tea Market growth.
France Tea Market Key Players:
Unilever France SA, Foods International SAS, Orientis Groupe, Groupe Léa Nature, Bjorg Bonneterre & Cie, Solinest SAS, Pagès SAS, Galec - Centre Distributeur Edouard Leclerc, Les 2 marmottes SAS, Golden Temple France Sarl, Carrefour France SA, Others
Market Segmentation Overview:
By Category
-Black Tea
-Fruit/Herbal Tea
-Green Tea
-Instant Tea
-Others
Fruit/Herbal Tea is anticipated to observe strong sales growth during the forecast period in France Tea Market. The introduction of innovative new products with the potential to attract new consumers has been expanding the consumer base and generating vast new sales opportunities in the segment. Companies like Yogi Tera, Les Deux Marmottes, etc., have been introducing their new range of herbal tea, with benefits like immunity boosting, to attract consumers.
By Distribution Channels
-Retail Offline
--Hypermarkets & Supermarkets
--Convenience Stores
--Specialty Stores
-Retail E-Commerce
Read Full Report @ https://www.marknteladvisors.com/research-library/france-tea-market.html
By Region
Note: If you require specific information not covered in the current report, we can provide it through customized option
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Bubble Tea Market - https://www.marknteladvisors.com/research-library/bubble-tea-market.html
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.
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