Americas dominates the Food Safety Testing Market during the forecast period:
Americas is the largest region in the Food Testing Market during the forecast period. It is expected to reach $2492.49 million by 2023 at a CAGR of 3.1%. This growth is due to the increasing consumer demand for food safety and quality. The US is the most developed country in the world, and it has a well-established food industry. Strict food safety regulations, increasing disease outbreaks, and growing desire for healthy food products among people, drive the growth of the Food Testing Market. The US federal government has imposed many regulations in food safety to reduce food hazards, provide nutrition labeling, and assistance to consumers in making healthy food choices. A large number of food safety testing companies are also responsible for the growth of food analysis in the US.
Selected Analysis done in the Food Safety Testing Market Report:
The Microbiology analysis segment reached $2,295.65 million in 2016. It is expected to reach $4068. 74 million by 2023, growing at a CAGR of 7.2%. Microbiology analysis consists of a series of tests which are conducted to examine the pathogen content in the food. These pathogens include Total Coliform, E.Coli, Staphylococcus Aureus, Salmonella, Listeria, and others. Food items which are prone to pathogen contents are dairy, poultry products, and water. Hence, regular microbiology analysis has to be performed to kill such pathogens. New technologies for microbiology analysis are being introduced by organizations such as RoboPrepHT system from BIOTECON which can conduct an automated quick test on pathogens.
Excerpts on Food Safety Testing Market Growth Factors
• The rising mislabeling of food products is prevalent in Europe, where horse DNA was found in meat labeled as beef and pork. This has prompted the food safety authorities to prevent the occurrence of such frauds.
• Increasing GMO contamination of food products will enhance the demand for food testing in the coming years.
• The Food Testing Market has witnessed the introduction of many new testing methods such as testing of human brain cells react to the consumption of foods to understand health benefits provided by such foods.
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What can you expect from the Food Safety Testing Market report?
The Food Testing Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End-user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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