The digital scent technology market is expected to reach $1.5 billion by 2026 from an estimated $1.0 billion in 2021, registering a CAGR of 9.2% during the forecast period.
Market Growth Factors:
- Expanding application and advancement in e-nose technologies
- Increasing use of e-nose devices for disease diagnostic applications
- Emerging R&D activities to invent e-nose to sniff out COVID-19
- Rising use of e-nose in food industry for quality assurance in production, storage and display