Published by Coherent Market Insights
Posted on October 11, 2021
The food safety testing market is estimated at USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026.
Food safety products and testing refers to the testing of food in order to detect the presence of disease-causing organism or other harmful products in the food. They are majorly used in processed and ready-to-eat food products. On the basis of technology used the food safety products and the testing market is classified into q-PCR-based testing and d- PCR-based testing.
The research report studies the Food safety products & testing Market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market.
Top Key Players in Food safety products & testing market: Intertek Group Plc., SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited, Laboratory Corp. of America Holdings, Asurequality Limited, Bio-Rad Laboratories, Inc., Bureau Veritas SA, Scientific Analysis Laboratories Limited among others.
Regional Analysis:
The market research report on the global Food safety products & testing market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered.
Market Opportunities
Increasing trade of food and agriculture food products around the globe is expected to bring market opportunities in the near future. According to the India Brand Equity Foundation, in India exports of agricultural and processed food products, totaled US$ 38.49 billion in 2019. During the period, top exported commodities were basmati rice (US$ 4.72 billion), buffalo meat (US$ 3.60 billion) and non-basmati rice (US$ 3.04 billion). Thus, increasing trade of food products around the globe is projected to augment the market growth.
Key Takeaways:
For segment 1 information:
Europe region in the Global Food Safety Products and Testing Market was valued at US$ 318.2 Mn in 2019 and is forecast to grow at a CAGR of 9.3% between 2020 and 2027. In the recent past, Europe region had experienced numerous food safety issues. To combat with such issues, food safety policies have been emphasized from EU Reference Laboratories, National Reference Laboratories and Control Laboratories. These authorities provides guidelines for food safety and therefore play an important role in protecting the health of consumers and ensuring the quality of food across the supply chain.
For segment 2 information:
On the basis of contaminants, Pathogens segment dominated the global Food Safety Products and Testing Market in 2019, accounting for 42.8% share in terms of value, followed by Genitically Modified Organisms and Chemicals and Toxins, respectively. The consumption of microbial pathogens, such as bacteria, viruses, environmental toxins, food allergens, adulterants, residues of drugs, and agricultural chemicals, is hazardous to human beings. Therefore, testing of pathogens is mandatory and is driving the growth of the market.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Food safety products & testing market Looking For New Technology And Business Development Strategy 2021 appeared first on Gatorledger.
The food safety testing market is estimated at USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026.
Food safety products and testing refers to the testing of food in order to detect the presence of disease-causing organism or other harmful products in the food. They are majorly used in processed and ready-to-eat food products. On the basis of technology used the food safety products and the testing market is classified into q-PCR-based testing and d- PCR-based testing.
The research report studies the Food safety products & testing Market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market.
Top Key Players in Food safety products & testing market: Intertek Group Plc., SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited, Laboratory Corp. of America Holdings, Asurequality Limited, Bio-Rad Laboratories, Inc., Bureau Veritas SA, Scientific Analysis Laboratories Limited among others.
Regional Analysis:
The market research report on the global Food safety products & testing market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered.
Market Opportunities
Increasing trade of food and agriculture food products around the globe is expected to bring market opportunities in the near future. According to the India Brand Equity Foundation, in India exports of agricultural and processed food products, totaled US$ 38.49 billion in 2019. During the period, top exported commodities were basmati rice (US$ 4.72 billion), buffalo meat (US$ 3.60 billion) and non-basmati rice (US$ 3.04 billion). Thus, increasing trade of food products around the globe is projected to augment the market growth.
Key Takeaways:
For segment 1 information:
Europe region in the Global Food Safety Products and Testing Market was valued at US$ 318.2 Mn in 2019 and is forecast to grow at a CAGR of 9.3% between 2020 and 2027. In the recent past, Europe region had experienced numerous food safety issues. To combat with such issues, food safety policies have been emphasized from EU Reference Laboratories, National Reference Laboratories and Control Laboratories. These authorities provides guidelines for food safety and therefore play an important role in protecting the health of consumers and ensuring the quality of food across the supply chain.
For segment 2 information:
On the basis of contaminants, Pathogens segment dominated the global Food Safety Products and Testing Market in 2019, accounting for 42.8% share in terms of value, followed by Genitically Modified Organisms and Chemicals and Toxins, respectively. The consumption of microbial pathogens, such as bacteria, viruses, environmental toxins, food allergens, adulterants, residues of drugs, and agricultural chemicals, is hazardous to human beings. Therefore, testing of pathogens is mandatory and is driving the growth of the market.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Food safety products & testing market Looking For New Technology And Business Development Strategy 2021 appeared first on Gatorledger.
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