Global Food Safety Testing Market- Industry Analysis, Size, Share, Growth, Trends and Forecast 2020-2025
Summary – A new maGlobal 3D Printer Marketet study,
titled "Global
Food Safety Testing Market- Industry Analysis, Size, Share, Growth, Trends and
Forecast 2020-2025" has
been featured on WiseGuyReports.
Global Food Safety Testing Market is
forecasted to register a CAGR of 7.1% and surpass USD 27,334.4 Million during
the review period. Food safety testing is the investigation of food products
for disease-causing organisms, chemicals, and other dangerous materials. The
growth of the global food safety market is driven by the rising prevalence of
food-borne illnesses worldwide and the implementation of stringent food safety
government regulations support the demand for food safety testing.
Additionally, limited supporting infrastructure in developing countries is
restraining the growth of the market. Moreover, the focus on the development of
advanced rapid technologies in emerging countries creates attractive growth
opportunities for players in the market.
Also read – https://www.openpr.com/news/2084996/food-safety-testing-market-2020-global-analysis-by-key-players
The global food safety testing market is
expected to register an incredible growth rate during the forecast period owing
to the rising prevalence of food-borne illnesses that have led to the
implementation of strict food safety regulations. Furthermore, the regions
where the lack of basic supporting infrastructure, do not have adequate
frameworks for food safety testing because of various factors such as limited
awareness, economic instability, and a lack of government support. Such
constraints are estimated to hamper the growth of the food safety testing
market.
Market Segmentation
The Global Food Safety Testing Market has
been categorized by Contaminant, technology, and food type.
Based on the contaminant segment the market has been further segmented into
Pathogens, Salmonella, coli, Listeria, Campylobacter, Others, Pesticides
Toxins, GMOs, and Others.
The Global Food Safety Testing Market, by Technology segment, has been
classified as Traditional, Rapid, PCR-Based Testing, Convenience-Based Testing,
Immunoassay-Based Testing, and Others.
Based on the food type category, the global food safety testing market has been
classified into dairy products, cereals & grains, meat, poultry, &
seafood products, processed food, fruits & vegetables, and others.
Regional Analysis
North America is likely to drive the global food safety testing market during
the forecast period owing to the changing consumption patterns, widespread
outbreaks of food-borne illnesses, advances in food safety science, and the
identification of new risks have resulted in various initiatives being taken by
government agencies such as the FSIS.in 2018, North America contributed 39.83
%share of the global market and is estimated to register a significant CAGR of
7.4% during the forecast period. Moreover, Europe is anticipated to hold the
second-largest contribution of the global food safety testing market owing to
the growing concern of food safety.
Major Players
Prominent Players in the Global Food Safety Testing Market include SGS SA
(Switzerland), Eurofins Scientific (Luxembourg), Bureau Veritas (US), Intertek
Group plc (UK), ALS Limited (Australia), AsureQuality Ltd. (New
Zealand),Microbac Laboratories, Inc. (US), Neogen Corporation (US), TÜV SÜD
(Germany), and ADPEN Laboratories Inc. (US).
COVID 19 Impacts
We are continuously tracking the impact of
COVID-19 pandemic on various industries and verticals within all domains. Our
research reports include the same and help you understand the drop and rise,
owing to the impact of COVID-19 on the industries. Also, we help you to
identify the gap between the demand and supply of your interested market.
Moreover, the report helps you with the analysis, amended government
regulations, and many other useful insights.
For more details - https://www.wiseguyreports.com/reports/5533043-global-food-safety-testing-market-research-report-forecast-till-2025
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