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Food safety testing Market Size, Share, Price Trend | Industry Report, 2024

Food Safety Testing Market size was over USD 9 billion in 2015, increasing with estimated gains at over 7%.<br><br>Get more details @ https://goo.gl/F55ANG

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Food safety testing Market Size, Share, Price Trend | Industry Report, 2024

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  1. Food Safety Testing Market size worth over $15bn by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Food Safety Testing Market : • The food safety testing technology market has witnessed a noticeable shift towards rapid food safety testing technology market from the time consuming traditional food safety testing industry. Increase adoption in biosensors, ELISA, rapid culture detection, and PCR-based techniques are widely adopted technologies used to examine the count, metabolites, and type of micro-organisms. • The growth in food safety testing market is also poised to benefit from increasing consumption of meat, poultry, and dairy products. Unhygienic condition while skinning and handling animals in slaughter house is the key responsible factor favoring the meat and poultry food safety testing market. Similarly, dairy products can also get easily contaminated through infected animals. Regulatory bodies such as the FSIS and HACCP are taking major steps in preventing meat & poultry product contamination and implementing adequate pasteurization of dairy products stimulating the food safety testing industry share.

  3. Continued... • Europe food safety testing market valued over USD 2.5 billion in 2015, with U.K and Germany leading the regional demand. Increasing consumer awareness and stringent food safety regulations will boost the demand for Europe food safety testing market over the coming years. Asia Pacific food safety testing industry will emerge rapidly due to rising population, growing demand for food products, and increasing stringent regulations for food safety. China being the major export trade market is anticipated to witness annual growth rate of 11% over the period of 2016-2024. • The food safety testing market is consolidated with top three players sharing 45% of the overall business space. The key industry participants include Intertek, Bureau Veritas, SGS, Det Norske Veritas, Eurofins Laboratories, Idexx Laboratories, ALS Laboratory and Bio-Rad Laboratories.

  4. U.S. Food Safety Testing Market size, by contaminants, 2013-2024 (USD Million)

  5. Browse Full Market Research Report On Food Safety Testing Market @ https://goo.gl/F55ANG Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/824

  6. 360° Analysis • Application Trends • Increasing threats over food consumption have stimulated global food safety testing market and generated demand for effective test products that can ensure food safety. Food supply worldwide is facing a range of risks from environmental toxins, bacteria, and food allergens. • Regional Trends • U.S. food safety testing market size accounted for over 25% of the global demand. High medical expense pertaining to contaminant illness along with GMO food industry expansion are key trending factors stimulating regional growth. • Competitive Market Share • Global food safety testing market share is moderately consolidated with top three players holding nearly 45% of the global industry demand. SGS, Intertek, Beureau Veritas, and Det Norske Veritas are key industry participants. Other major companies in terms of geographical presence includes Eurofins Laboratories, ALS Laboratory, Idexx Laboratories, and Bio-Rad Laboratories.

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