Food Safety Testing Market – Global Industry Analysis, Size, Share, Trends and Forecast 2017 – 2023
The report on Food Safety Testing Market
by applications (dairy, fruits and vegetables, meat, poultry, processed
foods and others), testing types(food safety market include
adulteration testing, allergen testing, GMO Testing, pathogen testing,
non-pathogen testing, nutritional labeling, pesticide testing, toxin
testing and others) trends analysis and forecasts up to 2023 studies the
market sizes, key trends and opportunities in the main geographies such
as North America, Europe, Asia-Pacific, Rest of the World. According to
the report the Global Food Safety Testing Market is projected to grow
at a CAGR of 0.072 in terms of value over the period of 2017-2023. The
growth in the world market is primarily driven by significant
contribution by North America (Leading region) region to this market.
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Segments Covered:
The
report segments the global food safety testing market by applications,
testing types and region. As per the applications, the market is
segmented into dairy, fruits and vegetables, meat, poultry, processed
foods and others. On the basis of testing types, the segments in the
food safety market include adulteration testing, allergen testing, GMO
Testing, pathogen testing, non-pathogen testing, nutritional labeling,
pesticide testing, toxin testing and others.
The
report provides regional analysis covering geographies such as North
America, Europe, Asia-Pacific, and Rest of the World. North American
region holds the largest share in the global food safety testing market.
Stringent regulations for food safety, expansion of GMO foods and the
increasing contaminant illnesses are major factors contributing in
growth of the market. Demand in UK and Germany drives the market in the
European region. Contaminant and food borne diseases in UK drive the
food industry to go for food safety testing technologies to aim for
better quality. The Asia- Pacific region is the fastest emerging market
due to the factors such as increasing population, increasing demand for
food products and increasing stringent regulations for food safety.
China and India drive the Asia-Pacific region as awareness among
consumers regarding the need for healthier foods has increased in these
countries over the past few years. Moreover, the regulations related to
food safety led to improvement in the hygiene standards in food
processing industry and it pushed the industry to adopt advanced food
safety testing techniques. Japan is expected to benefit from patents and
innovations in the food safety testing obtained by its major players in
the market.
The
companies covered in the report include, ALS Limited, Bureau Veritas
S.A, Charles River Laboratories International Inc, Eurofins Scientific,
Genetic ID NA Inc, Genon Laboratories Ltd, International Laboratory
Services, Intertek Group Plc, Silliker Inc, TUV Rheinland Group.
The
report provides deep insights on demand forecasts, market trends and
micro and macro indicators. In addition, this report provides insights
on the factors that are driving and restraining the demand of food
safety testing globally as well as regionally. Moreover, IGR-Growth
Matrix analysis given in the report brings an insight on the investment
areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as
Porter’s five forces analysis and value chain analysis of food safety
testing. Moreover, the study highlights current market trends and
provides forecast from 2017 to 2023. We also have highlighted future
trends in the food safety testing market that will impact the demand
during the forecast period. Moreover, the competitive analysis given in
each regional market brings an insight on the market share of the
leading players. Additionally, the analysis highlights rise and fall in
the market shares of the key players in the market.
The
report also provides in depth analysis of regulatory framework
pertaining to food safety testing market. This will help the companies
to understand the regulatory compliance, supports, and barriers in the
food safety testing market. This section highlights key amendments and
their implication on food safety testing market in the short run as well
as in the long run.This report will help manufacturers, suppliers and
distributors of the food safety testing market to understand the present
and future trends in this market and formulate their strategies
accordingly.
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