Press release
Food Safety Testing Market 2018 Growth By Top Key Players Bureau Veritas, Bio-Rad Laboratories, Inc. and ALS Limited. Intertek Group plc, TÜV SÜD, TÜV NORD GROUP, AsureQuality, Mérieux NutriSciences, LabCorp,
Food Safety Testing Market is having several developments, product launches, joint ventures, merges and accusations by its key market players and top brands which is driving the market and hence the Food Safety industry during the forecast period of 2018 to 2025.This report will give you an edge to not just compete but to outmatch the competition. The report will provide you with CAGR fluctuation during the forecast period for the Food Safety Testing Market. This report also contains SWOT analysis for the Food Safety Testing Market which will tell you the drivers and restrains for the market while also explaining what definition, classifications, applications, engagements and market trends are.
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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.
Market Major Competitors
global food safety testing market followed by:
• Eurofins Scientific,
• Bureau Veritas,
• Bio-Rad Laboratories, Inc.
• ALS Limited.
• Intertek Group plc,
• TÜV SÜD,
• TÜV NORD GROUP,
• AsureQuality,
• Mérieux NutriSciences,
• LabCorp,
• Microbac Laboratories, Inc.,
• Accugen Laboratories, Inc.,
• ADPEN Laboratories Inc.,
• Genetic ID NA, Inc.
• among others.
• The pathogens segment is dominating the global food safety testing market.
• The Salmonella is expected to grow with the highest CAGR of 8.2% in the forecast period 2018 to 2025
Some of the major factors driving the market for global food safety testing market are raising outbreak of food borne illness, stringent regulations imposed in food industry, increased globalization of food trade, advancements in technology, rising demand of convenience and packaged food products and augmented incidences of outbreaks of chemical contamination in food processing.
On the other hand, lack of infrastructure for food control may hinder the growth of the market.
Table Of Contents:
• 1. Introduction
• 2. Market Segmentation
• 3. Market Overview
• 4. Executive Summary
• 5. Premium Insights
• 6. Global, By Component
• 7. Product/Service Type
• 8. Delivery
• 9. Industry Type
• 10. Geography
• 10.1. Overview
• 10.2. North America
• 10.3. Europe
• 10.4. Asia-Pacific
• 10.5. South America
• 10.6. Middle East & Africa
• 11. Company Landscape
• 12. Company Profiles
• 13. Related Reports
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Market Segmentation:
• The global food safety testing market is segmented based on testing type into five notable segments; pathogens, pesticides, GMO, toxins and others. Pathogens are sub segmented into E.coli, Salmonella, Campylobacter, Listeria and others. In 2018, pathogen segment is estimated to rule with 70.8% shares and will cross USD 15,788.68 million by 2025, rising at the CAGR of 7.5%. However, GMO is expected to grow at the highest CAGR of 8.2% in the forecast period, and is expected to reach USD 3,211.09 million in 2025 from USD 1,740.68 million in 2017.
• The global food safety testing market is segmented based on technology into nine notable segments; polymerase chain reaction, immunoassay, chromatography, enzyme linked immunosorbent assay, biochip or biosensor, flow cytometry, microarrays, rapid assay and others. In 2018, polymerase chain reaction segment is valued to rule with 41.6% shares and will cross USD 9,889.68 million by 2025, rising at the highest CAGR of 8.5%. Chromatography is sub segmented into liquid chromatography, gas chromatography, thin layer chromatography, paper chromatography and column chromatography.
• The global food safety testing market is segmented based on food categories into seven notable segments; processed foods, meat and poultry, dairy products, fruits and vegetables, grains and cereals, seafood and others. In 2018, meat and poultry segment is projected to rule with 30.7% shares and will cross USD 6,953.70 million by 2025, rising at the CAGR of 7.7%. However, fruits and vegetables is expected to grow at the highest CAGR of 8.4% in the forecast period, and is expected to reach USD 5,384.20 million in 2025 from USD 2,883.12 million in 2017.
• The global food safety testing market is segmented based on contaminants into six notable segments; Salmonella, Escherichia coli, Pseudomonas, Bacillus, moulds and others. In 2018, Salmonella segment is likely to rule with 29.9% shares and will cross USD 6,980.73 million by 2025, rising at the maximum CAGR of 8.2%. Each contaminant is sub segmented into different food category such as processed foods, meat and poultry, dairy products, fruits and vegetables, grains and cereals, seafood and others.
• Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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