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Food Testing Kits Market 2020 Specification, Growth Drivers, Industry Analysis Forecast By 2026

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Food Testing Kits Market 2020 Specification, Growth Drivers, Industry Analysis Forecast By 2026

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  1. Food Testing Kits Market to To Reach USD 3.03 Billion By 2026

  2. Market Summary According to the current analysis of Reports and Data, the global Food Testing Kits market was valued at USD 1.78 Billion in 2018 and is expected to reach USD 3.03 Billion by the year 2026, at a CAGR of 6.8%. The market is expected to face a favourable growth scenario as it offers many benefits over conventional technologies. The conventional methods of detecting foodborne pathogen are time-consuming as well as laborious. Generally, the conventional methods require almost 2 to 3 days for preliminary identification and more than a week for confirmation of the species of the pathogens. In addition, since these tests rely on culturing the microorganisms, chances of false-negative results due to viable but non- culturable (VBNC) pathogens are high. However, the kits today offer high specificity and sensitivity. These kits are being increasingly preferred for food quality inspections due to the ease of use and the technical precision used while manufacturing them.

  3. Our Approach Market Summary The Asia Pacific region is expected to project the highest CAGR due to the increasing need to comply with the food testing norms and increased investment into the qualitative aspect of the food industry by the governments. In addition, increasing approval of food testing kits by the regulatory authorities in the region is likely to drive demand. For instance, in June 2019, the Food Safety and Standards Authority of India (FSSAI) gave provisional approval to 19 Rapid Analytical Food Testing (RAFT) kits and devices. The approval was given so that the concerned companies as well as laboratories could get quicker and validated results for tests conducted on various categories of products such as edible oil and milk. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1940

  4. Our Approach Market Summary Key takeaways of the Food Testing Kits market report has been enlisted below: A comprehensive overview of the competitive landscape of the Food Testing Kits market that examines the market position of leading companies like Romer Labs, Thermo Fischer, Intertek, Qiagen, Biomérieux, Eurofins Scientific, Agilent, Bio-Rad, PerkinElmer, and Millipore Sigma. In October 2018, Eurofins Scientific, a global scientific leader in bioanalytical testing, announced acquiring EnvironeX Group Inc, a leading provider of testing services to the Environment, AgriFoodand Health & Pharmaceuticals sectors. have been studied elaborately in the study. A brief description of all manufacturers, products range, and product applications have been also been provided. The report underlines information pertaining to the leading organizations based on their market positions as well as revenue generated. The report also includes the companies’ reported profit margins and pricing structure.

  5. Our Approach Market Summary Target Tested (Revenue, USD Million; 2016–2026) Allergens Mycotoxins Pathogens GMOs Meat Species Pesticide Residues Others Sample Tested (Revenue, USD Million; 2016–2026) Meat, Poultry and Seafood Products Dairy Products Fruits and Vegetables Cereals, Grains and Pulses Nuts, Seeds and Spices Packaged Foods Others Order Now@ https://www.reportsanddata.com/checkout-form/1940

  6. Our Approach About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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