The food safety testing market is anticipated to surpass $16 billon in the forecast period.
NEW YORK — The food safety testing market is anticipated to surpass USD 16 billion in the forecast period. The market is expected to show a healthy growth at a CAGR of 7%.
The scope of the report includes a detailed study of global and regional markets for various types of food safety testing with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market.
Key players profiled in the report include:
Intertek Group Plc.
Bio-Rad Laboratories Inc.
Bureau Veritas S.A.
Lloyd's Assurance Ltd.
Ifp Institut Fur Produktqualitat GmbH
Romer Labs Inc.
Asia Pacific is a leading market with highest growth rate globally. Increasing demand of food safety is a boosting the food safety market in Asia Pacific regions. China is at the top in terms of rapid growth in APAC.
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The major driving factors of food safety testing market are as follows:
o Rising in outbreak of food borne infections
o Execution of several food safety policies
o Food safety globalization
o Availability of superior fast technology
o Media pressure on customer alertness for food safety
The restraints factors of food safety testing market are as follows:
o Lacking in food control infrastructure
o Lack of resources in many countries
o Missing alertness on food safety policies among food companies
This report provides:
1) An overview of the global market for food safety testing and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for food safety testing.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Food safety testing Market is segmented on the Basis of Technology Segment Type, Contaminant Analysis, Application Analysis and Regional Analysis. By Technology Segment Analysis this market is segmented on the Basis of Traditional and Rapid. By Contaminant Analysis this market is segmented on the Basis of Pathogens, Pesticides, GMOs, Toxins and Others (residues, allergens).
By Application Analysis this market is segmented on the Basis of Meat & poultry, Dairy, Processed foods, Fruits & vegetables and others. By Regional Analysis this market is segmented on the Basis of North America, Europe, Asia-Pacific and Rest of the World.
Food safety is a technique in which management, preparation and storage of food in different way to protect and prevent food borne. Food safety is handle, store and prepare food to avoid infectivity and provide nutrients to food for us to have a healthy diet. Unsafe food and water have been exposed to dirt and germs which can cause infection and diseases. Disease can transmit among people through food and microorganism can originate food poisoning, to avoid this different food safety principles are available. Storage of different food at suitable temperature and use secure raw material and water. Managing of microbiological food safety is mainly based on high-quality plan of procedures, foods and actions.
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