openPR Logo
Press release

Food Safety Testing Market - Growth Overview 2025 - Eurofins Laboratories, Idexx Laboratories, ALS Laboratory

07-09-2018 01:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Food Safety Testing Market - Growth Overview 2025 - Eurofins Laboratories, Idexx Laboratories, ALS Laboratory

Food Safety Testing Market: Snapshot

The food safety testing market has become a crucial part of the growing food and beverage industry around the world in recent years. The key factor responsible for the rapid growth of the food safety market is the variety of food purchasing and consumption options now available to urban consumers, which has led to a corresponding reaction from regulatory bodies. The rapid evolution of the food and beverage industry to cater to the changing demographic patterns around the world is likely to ensure strong growth of the food safety testing market in the coming years.

Request Sample Copy of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=1352

The rising number of pathogen outbreaks due to food poisoning is likely to be a prime driver for the global food safety testing market in the coming years. Steady globalization of the food and beverage industry has resulted in rising demand for long-distance shipping of food products, which leaves significant scope for pathogenic contamination. This has forced several innovations in the food packaging industry in recent years in order to minimize the interaction of the food with its environment. Complementing this, the food safety testing market has grown by leaps and bounds to accommodate the rising number of new players in the lucrative food and beverage industry.

Regionally, North America and Europe are likely to remain the leading contributors to the global food safety testing market. The processed food industry has grown rapidly in these regions due to the widespread prevalence of an affluent urban demographic and popularity of processed food. The popularity of junk food in the U.S. is a key driver for the North America food safety testing market, along with the growing demand for exotic fruits, which entail international shipping.

Food Safety Testing Market: Overview

Food safety is extremely crucial for all types of foods to ascertain that they are suitable for human consumption. This includes processed or canned foods as well as farm-fresh products. The entry of contaminant or chemicals at any stage of the food value chain right from procuring raw materials to production till it reaches the consumers can lead to food poisoning, thereby necessitating the testing of such toxins.

Food Safety Testing Market: Key Trends

The global food safety testing market is displaying steady growth due to strict food safety stipulations, increasing consumer awareness about the importance of consuming safe food, and an increasing number of food poisoning flare-ups. The increasing globalization practices in food supply trade that has high chances of entry of contaminants is expected to present further opportunities for the food safety testing market. According to the World Health Organization, in 2014, over 2.5 million deaths were recorded from diarrheal diseases due to food contamination.

Request TOC of the Report @
www.tmrresearch.com/sample/sample?flag=T&rep_id=1352

Moreover, increasing consumer affordability and changing lifestyle displays positive indication for the processed food industry, thereby positively influencing the market’s growth. Processed food products, bakery, ready to eat meals, preserved and canned food, and infant diet that have inherent contaminant retention nature need to adhere to food safety norms. Under-cooking, improper handling or improper storage are other factors that lead to contamination of these foods.

In developed countries, FDA and EU compliances give authority to consumers to trace the value chain of products, which will favor the industry’s growth. This allows consumers to track an unwanted substance that may have entered the value chain at some point.

Food Safety Testing Market: Market Potential

Capacity expansion and mergers and acquisitions are strategic moves that players in this market are focused on for growth. In a recent industry development, SGS S.A., a leading bioanalytical contract solutions provider has announced the expansion of its elemental analysis testing capabilities of its facility located at Villeneuve-la-Garenne, France. The company has invested in a brand new inductively coupled plasma mass spectrometry system in order to address the latest ICH Q3D regulatory guidelines for elemental impurities.

In another major industry development, Eurofins Scientific has acquired ASL Análises Ambientais, which is a Brazilian major for environmental testing services.

Food Safety Testing Market: Regional Outlook

The global food safety testing market can be analyzed with respect to the regional segments of North America, Europe, Asia Pacific, and Rest of the World. In North America, the U.S. accounted for a considerable revenue contribution to the market. The high medical expense incurred due to contaminant illness and development of the genetically modified organism (GMO) food industry that need to adhere to food safety standards are stimulating growth.

The U.K. and Germany account for a significant revenue contribution to the Europe market for food safety testing. In the U.K., almost one million individuals suffer from contaminant illnesses and more than 20 thousand individuals receive hospital treatment because of foodborne illness every year. Efforts from governments as well as consumers to reduce such outbreaks are supporting the regional market’s growth.

The high degree of food safety compliances that exist in Europe and North America is positively influencing the China food safety testing market to retain export trade.

Read Comprehensive Overview of Report @
www.tmrresearch.com/food-safety-testing-market

Food Safety Testing Market: Competitive Landscape

Some of the leading players in this market include Eurofins Laboratories, Idexx Laboratories, ALS Laboratory, and Bio-Rad Laboratories. The food safety testing market features a high to moderate degree of competition due to the presence of a number of small-sized and large-sized firms. Top players in the market are focused on acquisitions and expansions to stay competitive in this market.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Food Safety Testing Market - Growth Overview 2025 - Eurofins Laboratories, Idexx Laboratories, ALS Laboratory here

News-ID: 1115860 • Views: 144

More Releases from TMR Research

Weigh in Motion Market Share and Growth Factors Impact Analysis 2018 – 2028
Weigh in Motion Market – Introduction Weigh in motion (WIM) devices are specifically designed equipment to record the truck axle & gross vehicle weights as they drive over a measuring site or a sensor. The existing weigh in motion systems are witnessing an increasing traction over the conventional static weigh stations, as they don’t require the vehicle to stop, which make them a more efficient option. Numerous benefits of weigh
Gas Analysis Systems Market Competitive Landscape Analysis with Forecast by 2028
Gas Analysis Systems Market Introduction Gas analysis systems are used to monitor or analyze various chemical gases present in the product or sample. It helps in identifying the gas and also provides information on the quantity, displaying in the numerical or graphical form. The standard gas analysis system includes sample probe, line, filter, gas conditioning system including pump, cooler, and calibration gas system, and series of gas analyzers. Industries across sectors
VRF System Market - Product Application 2028 | Commercial Residential Others (Me …
VRF System Market – Introduction Variable refrigerant flow (VRF) system is widely adopted to control the amount of refrigerant flowing to various evaporators with different configurations and capacities. This growing adoption of VRF systems is attributed to their ability to provide comfort without swings at room temperature by offering the desired supply of heating or cooling when the need arises. VRF system caters to various applications owing to its availability
Digital Out of Home Market Dynamic Business Environment during 2018 - 2028
Digital Out of Home Market– Introduction Digital out of home (DOOH), also referred to as digital signage is a modern form of advertising that has effectively replaced traditional forms of advertising and marketing. Digital out of home advertising enables local vendors and advertisers to engage customers in real time, and track and monitor the effectiveness of their marketing messages. DOOH is a rapidly growing and dynamically-served visual mode of advertising

All 25823 Releases


More Releases for Safety Testing Food

Food Safety Testing Market Fostering Industry On Safety Test, Pathogen Testing , …
Global food safety testing market is expected to reach USD 22,327.02 million by 2025 from USD 12,760.00 million in 2017, at a CAGR of 7.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Get Sample of This Report: http://databridgemarketresearch.com/request-a-sample/?dbmr=global-food-safety-testing-market Global Industry Segmentation: The major factors contributing to the growth
Global Food Safety Testing Market Outlook 2021
ReportsWorldwide has announced the addition of a new report title Global Food Safety Testing Market Outlook 2021 to its growing collection of premium market research reports. Food contamination now-a-days is quickly becoming a worldwide issue, that is raising the concern for adequate food safety testing methods and procedures. Food-related queries and complaints are continuously rising with time, which reflects a growing concern of government authorities and consumers. Along with alarming increase
Food Safety Testing Market Global Forecast
Food Safety Testing Market Analysis The usage of food safety testing has made huge impact over the past years in view of growing incidences of food-borne illnesses and poisoning caused by contaminated food products. The global market for food safety testing is growing in healthy CAGR of more than 6% between 2015 and 2020. By Countries: - North America is the largest food safety testing market.
Food Safety Products and Food Safety Testing Market Progressing with Concerns fo …
Global Food Safety Products and Food Safety Testing Market: Overview The global food safety products and food safety testing market has been exhibiting substantial growth over the last couple of years owing to the rising prevalence of food-borne disease worldwide. The growing awareness regarding the rising incidences of food borne diseases and the employment of technologically advanced equipment and techniques are further expected to fuel the adoption of food safety products