Albany, NY -- (SBWIRE) -- 02/06/2019 -- Refractometer is one of the tool which is used to measure refractive index of different types of materials. In addition, these devices are used in different types of laboratory in order to measure the concentration of the liquid and the angle of refraction of different types of liquid sample such as protein content, salinity and sugar content among others. Trend shows that the demand for refractometers are gaining traction in last couple of years. Owing to the growing usage of different types of refractometers by the food & beverage industry for food quality testing and control is anticipated to boost the market growth during the forecast period. Additionally, continuous improvements in food & beverages research and prompt growth in infrastructural advancement have triggered the market growth. Moreover, these types of devices are ideal for use in different end use industry which includes food & beverage and industrial among others where concentration measurements are required within a light industrial environment. Rising adoption and growing popularity of these type of devices among different end use industry is poised for a healthy growth over the forecast period from 2019-2027.

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The global refractometer market has been segmented on the basis of product type, form type, end use and geography. Based on product type, the market for refractometer has been segregated into different type such as manual and automatic. Digital segment is expected to maintain its dominance throughout the forecast period. The increasing technological advancements also lead towards the shift from manual to automatic devices, which is anticipated to enhancement the growth of the global refractometer market. On the basis of form factor, the global refractometer market has been segregated into different types such as solid, liquid and gas. Among other form type, liquid segment is expected to become most attractive during the forecast period.

Additionally, on the basis of end use the market for refractometer has been classified into healthcare, food and beverage, research & development among others. Across the globe, Refractometer manufacturers are continuously focusing to development of shock resistant, dust proof and water resistant Refractometer which helps to provide accurate readings for different types of measurement application. Awareness related to pet healthcare is expected to adopt this type of devices in coming years. On the flip side, lack of awareness in developing regions and price based competition in many countries are the factors hampering the growth of the global refractometer market. Rising acceptance of different types of refractometers across the world is expected to further drive demand for the market during the forecast years.

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Geographically, refractometer market is segmented into North America, Europe, Asia Pacific, Middle- East and Africa and South America. In 2018, North America and Asia Pacific hold the major market share in the global refractometer market. On the other hand, Asia Pacific market is expected to grow at highest CAGR rate during the forecast period and China, India and Japan are some of the major contributor towards the growth of the market. Owing to increasing number of food & beverage processing companies are continuously focusing to expand their operation and manufacturing units across the different part of Asia Pacific. This factor is expected to increase the demand for the refractometer market in coming years. Cumulative emphasis on research and development activities by avionics product manufacturers is also acting as a key factor in the growth for market.