Press release
Bacteriological Testing Market Worth USD 14.96 billion with CAGR of 7.72% during 2023 |Top Most Players | Eurofins Scientific, Thermo Fisher Scientific, Bureau Veritas, SGS India, Agilent Technologies, ALS, Romer Labs, Merck & Co and Bio-Rad Laboratories
A research study titled, “Bacteriological Testing Market by bacteria, technology, end user and component - global industry analysis and forecast to 2023” published by crystal market research.Competitive Outlook-
The market is extensively competitive with leading players such as Eurofins Scientific, Thermo Fisher Scientific, Bureau Veritas, SGS India, Agilent Technologies, ALS, Romer Labs, Merck & Co and Bio-Rad Laboratories. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Market Highlights-
The Bacteriological Testing Market was worth USD 7.66 billion in the year of 2014 and is expected to reach approximately USD 14.96 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.72% during the forecast period.
The worldwide increase in incidences of foodborne diseases, usage of stringent rules regarding safety of food in developed economies, and increment in rates of microbial defilement in water reservoirs because of more industrial and urban waste are the components driving this market.
Market Segmentation- Bacteriological Testing Market
By Bacteria:
Salmonella
Listeria
Coliform
Campylobacter
Legionella
Others
By Technology:
Rapid
Traditional
By Component:
Consumables & reagents
Instruments
Test kits
By End User:
Pharmaceutical
Food & beverage
Cosmetics
Water
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End User Outlook and Trend Analysis
On the basis of end user the market is sectioned into water, pharmaceutical, cosmetics, and food & beverage. Testing for bacterial defilement in food & beverage is performed for checking and evaluation of food quality, and approval of food safety, so as to dispense with the danger of bacterial tainting. Bacteriological testing is performed over the food & beverage industry because of the rising occurrence of foodborne diseases, food spoilage, or food related intoxication for the identification of different bacterial contaminations. The pharmaceutical section is anticipated to develop at the most astounding CAGR in the general bacteriological testing market amid the examination time frame.
Regional Outlook - Bacteriological Testing Market
North America represented the biggest share of the overall industry in the bacteriological testing market. The prevailing share of this area is credited to the stringency of food security controls and laws relating to nutritious substance and marking in the area. It has the most astounding number of testing research centers among all districts and tests the most number of bacteriological examples. The development of the Asia Pacific market is anticipated to be the speediest in the upcoming years, and is driven by Australia, China, and Southeast Asian nations, as these nations are ending up more conscious of nourishment security and are actualizing controls for their testing.
List of Tables
Table 1.Global Bacteriological Testing Market, By Bacteria, 2014-2023($Million)
Table 2.Salmonella Market, By Region, 2014-2023($Million)
Table 3.Listeria Market, By Region, 2014-2023($Million)
Table 4.Coliform Market, By Region, 2014-2023($Million)
Table 5.Campylobacter Market, By Region, 2014-2023($Million)
Table 6.Legionella Market, By Region, 2014-2023($Million)
Table 7.Other Bacteria Market, By Region, 2014-2023($Million)
Table 8.Global Bacteriological Testing Market, By Technology, 2014-2023($Million)
Table 9.Rapid Market, By Region, 2014-2023($Million)
Table 10.Traditional Market, By Region, 2014-2023($Million)
List of Figures
Figure 1.Bacteriological Testing Market Share, By Bacteria, 2014 & 2023 ($Million)
Figure 2.Bacteriological Testing Market Share, By Technology, 2014 & 2023 ($Million)
Figure 3.Bacteriological Testing Market Share, By End User, 2014 & 2023 ($Million)
Figure 4.Bacteriological Testing Market Share, By Component, 2014 & 2023 ($Million)
Figure 5.Bacteriological Testing Market, By Region, 2014 & 2023($Million)
Figure 6.Eurofins Scientific: Net Revenues, 2014-2016 ($Million)
Figure 7.Eurofins Scientific: Net Revenue Share, By Segment, 2016
Figure 8.Eurofins Scientific: Net Revenue Share, By Geography, 2016
Figure 9.Thermo Fisher Scientific: Net Revenues, 2014-2016 ($Million)
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