Press release
Bacteriological Testing Market By Industry Trends and Forecast the Upcoming Opportunities and Threats in the Next 8 Years
Bacteriological Testing Market accounted to USD 9.1 billion in 2016 growing at a CAGR of 8.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.Bacteriological testing is conducted to identify fecal pathogens, toxic bacteria present in final products. The testing is an important aspect to manage the quality of the products. Bacteriological testing is done in various industries such as food and water manufacturing.
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Market Segmentation:
By bacteria the market for bacteriological testing market is segmented into coliform, salmonella, campylobacter, listeria, legionella, others.
By technology the bacteriological testing market is segmented into traditional technology, rapid technology. The rapid technology is sub-segmented into convenience-based, polymerase chain reaction, enzyme-linked immunosorbent assay, chromatography & spectrometry.
On the basis of application the bacteriological testing market is segmented into food & beverages, water testing, animal feed testing, bioenergy & agricultural research, pharmaceuticals, and cosmetic.
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Competitive Analysis:
The bacteriological testing market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Major Market Competitors:
Some of the major players operating in bacteriological testing market are SGS, Eurofins, Intertek, Bureau Veritas, TUD SUD, ALS Limited, 3M, Thermo Fisher, Merck, Agilent Technologies, Bio-Rad, Romer Labs, Rakiro Biotech Sys Private Limited, ACMAS Technologies (P) Ltd, LaMotte Company, EMSL Analytical, Inc. ATCC, Northeast Laboratory Services among others.
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