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Food Safety Testing Market 2018-2024: This research reviews the overall food safety testing industry, which according to a report by Global Market Insights, Inc., is growing at more than 7% CAGR during 2016 and 2024 to hit the $15bn revenue mark.
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Market for Food Safety Testing Projected to Exceed $15 Billion by 2024 | Fractovia
Key Insights from Food Safety Testing Market: Food Safety Testing Market 2018-2024: This research reviews the overall food safety testing industry, which according to a report by Global Market Insights, Inc., is growing at more than 7% CAGR during 2016 and 2024 to hit the $15bn revenue mark. Growth Drivers: • Increasing customer expectations in terms of quality. • Increasing safety regulations owing to number of cases regarding food poisoning. • Improvement in milk processing technologies and strict safety norms by the government. • Advancement in contaminant detection methods including polymerase chain reaction and immunomagnetic separation. Segmentations covered under Food Safety Testing Market Report: 1. Based on Contaminant: Pathogens (Salmonela, Listeria, E.Coli, Campylobactor, & Others), Pesticides, GMOs, Toxins and Others (food allergens, chemical residues) 2. Based on Technology: Traditional, Rapid (Convenience, PCR, Immunoassay, & Other rapid methods) 3. Based on Food: Meat & Poultry, Dairy Products, Processed Food, Fruits & Vegetables, and Others (cereals, raw food materials)
Continued... • Key Data Points from Food Safety Testing Market Analysis: • Stringent regulatory compliances from FDA and REACH owing to growing food borne diseases outbreaks are driving global food safety testing market size growth. • Salmonella, campylobacter, E. Coli, Listeria are major reported pathogens for disease outbreaks. • Rapid technology market will generate over USD 7 billion business by 2024. • Immunoassay, PCR-based techniques, ELISA, rapid culture detection, and biosensors are key featured rapid technologies. • China is set to observe over 11% growth, rising regulatory codes pertaining to product importation in Europe and North America will drive regional demand. • Regional Data Coverage under Food Safety Testing Market: • 1. North America (U.S., Canada, & Mexico) • 2. Asia Pacific (China, Japan, India, Australia, Thailand, & Malaysia) • 3. Europe (UK, Germany, France, Italy, & Poland) • 4. Latin America (Brazil, & Argentina) • 5. Middle East & Africa (Saudi Arabia, UAE, & South Africa)
Continued... • Key Company Profiled in this Research Report: • Adpen Laboratories, Accugen Laboratories, Aegis Food Testing Laboratories, ALS Limited, Avomeen Analytical Services, Asurequality Limited, Bureau Veritas SA, Bio-Rad Laboratories, CampdenBri, Emsl Analytical Inc, Det Norske Veritas As (DNV), Eurofins Central Analytical Laboratories Inc, Genevac Ltd, Food Hygiene & Health Laboratory, Genon Laboratories Ltd, IFP InstitutFürProduktqualitätGmbh, Idexx Laboratories Inc., ILS Limited, Lloyd’s Register Quality Assurance Limited, & Intertek Group PLC. • Key Chapters Covered: • • Executive Summary • • Food Safety Testing Industry Insights • • Food Safety Testing Market (Contaminant) • • Food Safety Testing Market (Technology) • • Food Safety Testing Market (Food) • • Food Safety Testing Market (Region) • • Company Profiles and others
U.S. Food Safety Testing Market size, by contaminants, 2013-2024 (USD Million)
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