Global Food Safety Testing Market Is Grow at a CAGR of 9.4% and Expected to Reach USD 25.19 Billion by 2026 from USD 11.23 Billion in 2017
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Lewes, DE -- (SBWire) -- 01/24/2019 --Global Food Safety Testing Market is accounted for $11.23 billion in 2017 and is expected to reach $25.19 billion by 2026 growing at a CAGR of 9.4%. Rise in demand for convenience and packaged food products, increase in outbreaks of chemical contamination in food processing & manufacturing industries and global increase in outbreaks of foodborne illnesses are some key factors influencing the market. However, lack of food control infrastructure and resources in developing countries & microbiological testing often requires long time to get the results are restricting the market growth.
Food testing is a procedure of food product verification in order to check safety and decrease risk of contamination which causes food borne illness. Food testing involves validation of food product contents as indicated on the labels. Food safety testing has been important factor for maintaining quality of food in terms of ingredients, taste and appearance. Food safety testing techniques such as microbial contamination and analysis on chemical contents says all aspects of safe food production, processing and delivering the product to the consumer. Food safety testing helps the companies in regulating allergenic components and pathogenic bacteria in food products that provides safe and healthy products to the consumers.
By Testing Type, the pathogen segment is estimated to account for the significant market share in the market. Increasing incidences of foodborne illness, internationally, due to pathogen outbreaks is driving the pathogen segment. Listeria, Salmonella, E. coli, and Campylobacter are the main pathogens responsible for food contamination and toxicity. They account for major contaminants found in food and account for major number of food safety testing. By Geography, North America accounted for the largest market share in market and is likely to maintain its dominance all through the predicted period due to severe regulations imposed by the regulating bodies on food safety.
Some of the key players in the global Food Safety Testing market include Microbac Laboratories, Mérieux Nutrisciences, Asurequality Ltd, ALS Limited, Eurofins Scientific, Bureau Veritas S.A., Laboratory Corporation of America Holdings, TUV Nord Group, TUV SUD AG, Intertek Group PLC, SGS SA, Bio-Rad Laboratories, Inc., Accugen Laboratories, Inc., ADPEN Laboratories Inc., Thermo Fisher Scientific Inc., Vanguard Sciences, Ecolab Inc., Covance Inc. and Det Norske Veritas.
Testing Technologies Covered:
- Chromatography
- Enzyme Linked Immunosorbent Assay
- Immunoassay
- Irradiation
- Mass Spectrometry
- Microarrays
- Nuclear Magnetic Resonance (NMR)
- Polymerase chain reaction (PCR)
- Other Technologies
Testing Types Covered:
- Toxins
- Pesticides & Fertilizers
- Lipids, Fats & Oil analysis
- Genetically Modified Organisms (GMO)
- Allergen Analysis
- Microbiology
Food Types Covered:
- Processed Food
- Meat & Poultry
- Fruits & Vegetables
- Dairy Products
- Grains
- Sea foods
- Beverages
- Other Food Types
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 146 pages "Food Safety Testing - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Food Safety Testing Market, By Testing Technology, Global Food Safety Testing Market, By Testing Type, Global Food Safety Testing Market, By Food Type, Global Food Safety Testing Market, By Geography, Key Developments, Company Profiling. This report Covered Companies few are - Microbac Laboratories, Mérieux Nutrisciences, Asurequality Ltd, ALS Limited, Eurofins Scientific, Bureau Veritas S.A., Laboratory Corporation of America Holdings, TUV Nord Group, TUV SUD AG.
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