Analytical Standards Market Report 2025

The analytical standards market size has grown strongly in recent years. It will grow from $1.68 billion in 2024 to $1.79 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to emerging markets growth, the stringent regulatory scenario in the pharmaceutical industry, the increasing strict quality regulations for drug manufacturers, the expansion of pharmaceutical and biotechnology industries worldwide, and the increased adoption of analytical techniques in pesticide monitoring.

The analytical standards market size is expected to see strong growth in the next few years. It will grow to $2.4 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to government support, the improving healthcare infrastructure or expenditure, the rising public concerns related to optimal food safety and quality, the greater regulatory emphasis on effective pollution monitoring and control, and patent expiry for major pharmaceutical drugs. Major trends in the forecast period include government support, the improving healthcare infrastructure or expenditure, the rising public concerns related to optimal food safety and quality, the greater regulatory emphasis on effective pollution monitoring and control, and patent expiry for major pharmaceutical drugs.

Anticipated growth in the analytical standards market is driven by increasing public concerns regarding optimal food safety and quality. The consumption of contaminated and adulterated food, containing chemical compounds, dangerous bacteria, parasites, and viruses, is associated with over 200 diseases ranging from diarrhea to cancer. Food testing laboratories commonly employ analytical techniques such as mass spectrometry and chromatography to detect spoilage and ensure food safety. Notably, a report from the World Health Organization in May 2022 highlighted that annually, 420,000 people die and 600 million people become ill due to consuming contaminated food, accounting for approximately one in ten global deaths and 33 million disease-avoidable life years (DALYs). Consequently, the growing public concerns about optimal food safety and quality are instrumental in propelling the analytical standards market's growth.

The growing demand for new pharmaceutical drugs and therapies is anticipated to drive the expansion of the analytical standards market in the coming years. This demand is fueled by the ongoing necessity to address unmet medical needs, treat emerging diseases, combat drug resistance, and enhance patient outcomes through innovative and more effective treatments. For example, in June 2023, the European Federation of Pharmaceutical Industries and Associations (EFPIA), a European trade association representing the pharmaceutical industry, reported that total pharmaceutical production in Europe reached $384.2 billion (€340 billion) in 2022, reflecting an approximate 4.95% increase from $366.3 billion (€323.95 billion) in 2021. Consequently, the rising demand for new pharmaceutical drugs and therapies is set to propel the growth of the analytical standards market.

Key players in the analytical standards market are concentrating on advancements in endotoxin testing solutions, particularly rapid and sensitive monocyte activation tests (MAT), to improve the efficiency, accuracy, and regulatory compliance of safety testing in pharmaceuticals and medical devices. The rapid and sensitive monocyte activation test (MAT) is a laboratory assay designed to detect pyrogens, such as bacterial endotoxins, by assessing the activation of monocytes in response to these substances. For example, in June 2024, FUJIFILM Wako Chemicals (FUJIFILM Wako), a US-based manufacturer and distributor of chemical reagents, introduced two innovative testing kits: the LumiMAT Pyrogen Detection Kit, which is a rapid and highly sensitive assay for in vitro pyrogen testing using human NOMO-1 cells, and PYROSTAR Neo+, a recombinant protein reagent for detecting bacterial endotoxins with enhanced sensitivity and reduced drug interference. Both products present alternatives to traditional testing methods, significantly enhancing detection speed and reliability, and will be globally available starting July 2024.

Leading companies in the analytical standards market are prioritizing investments in the development of analytical standards to improve product quality, ensure compliance with regulatory requirements, and satisfy the increasing demands of various industries. Investing in the development of analytical standards entails dedicating resources to create and enhance benchmarks that guarantee the accuracy, reliability, and consistency of analytical testing methods. For example, in June 2023, Merck KGaA, a Germany-based science and technology company, announced a €70 million ($75.52 million) investment to expand reagent manufacturing at its Nantong facility. This initiative aims to boost production capacity for high-purity reagents, addressing the rising demand from the biopharmaceutical and life science sectors. This strategic move not only enhances Merck's supply chain resilience but also underscores its commitment to delivering high-quality analytical standards for quality control and testing.

In August 2022, Agilent Technologies Inc., a U.S.-based life sciences company, acquired Polymer Standards Service GmbH for an undisclosed sum. This strategic move is anticipated to expand Agilent's product portfolio and customer offerings, specifically in the chemical and biopharmaceutical sectors. The acquisition strengthens Agilent's capabilities for analyzing natural and synthetic polymers, including nucleic acids, proteins, monoclonal antibodies, polysaccharides, and synthetic plastics. Polymer Standards Service GmbH, based in Germany, is a leading provider of solutions in the field of polymer characterization.

Major companies operating in the analytical standards market include Merck KGaA, Agilent Technologies Inc, Thermo Fisher Scientific Inc, Waters Corporation, PerkinElmer Inc., Mallinckrodt, LGC Standards, Restek Corporation, GFS Chemicals Inc, RICCA Chemical Company, Spectro Analytical Labs, Takara Bio Inc, Shimadzu corporation, GL sciences Inc, Tosoh corporation, TCI chemicals, Cambridge Isotope Laboratories, Seron Technologies, Starna Scientific ltd, Bernd Kraft GmbH, VICI AG International, Armin, European Directorate for the Quality of Medicines & HealthCare (EDQM), Nanolek, Wessling Romania SRL, Anahem, Trilogy Europe B.V, Alpen Pharma AG, Spex Certiprep, Accustandard, Cayman Chemical Company, SGS, JLA Argentina, Galab Peru, NSF-INASSA, Huber group, Eurofins, Alicorp, Gulf Bio Analytical, GHP Testing & Calibration Lab, Lab Gulf, Industrial Analytical (Pty) Ltd, USP, Mettler-Toledo LLC, OI Corporation, Bruker Corporation.

North America was the largest region in the analytical standards market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the analytical standards market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the analytical standards market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

An analytical standard is a precisely defined, high-quality compound with a known concentration, utilized as a calibration standard in specific experiments. This practice is widespread across various industries, including veterinary, life sciences, food and beverage, forensics, environmental, and pharmaceutical sectors.

Two primary categories within the analytical standards market are organic standards and inorganic standards. Organic standards establish guidelines and regulations governing the production, processing, and labeling of organic products. Techniques such as chromatography, spectroscopy, titrimetric, and physical property testing are employed across diverse applications, including bioanalytical testing, stability testing, raw material testing, dissolution testing, microbiology testing, physical properties testing, toxicity testing, contamination testing, QA/QC testing, proficiency testing, and stability testing. End-users span food and beverage standards, forensic standards, veterinary drug standards, petrochemistry standards, environmental standards, pharmaceutical standards, life science standards, and others.

The analytical standards market research report is one of a series of new reports that provides analytical standards market statistics, including analytical standards industry global market size, regional shares, competitors with an analytical standards market share, detailed analytical standards market segments, market trends and opportunities, and any further data you may need to thrive in the analytical standards industry. This analytical standards market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The analytical standards market consists of revenues earned by entities by providing primary and secondary analytical standards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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