Press release
Major Growth Expected In Food Pathogen Testing Market | Key Company Profiled Bureau Veritas, Microbac Laboratories, Inc., AsureQuality, Silliker INC, bioMérieux, Agilent Technologies
The commercialization matrix of food pathogen testing market has witnessed a remarkable surge in recent years, augmented by the stringency in food regulations implemented by renowned organizations like FDA, FAO, and EU. Food giants are continuously brainstorming new manufacturing facilities that can quickly and efficiently detect the presence of pathogens in food. With the increasing consumer awareness with reference to food safety and hygiene, food processors and testing laboratories are shifting their focus toward the deployment of high performance and effective food pathogen testing technologies - a fact that would considerably impel food pathogen testing industry outlook in the ensuing years.Request for a sample Copy @ https://www.gminsights.com/request-sample/detail/1417
Prominent players in market such as 3M and Certus are continuously developing robust and innovative food safety solutions for the F&B sector, the rising prominence of which would help boost this business space. As per analysts, the robustly expanding food industry is likely to stimulate food pathogen testing market, which was pegged at a valuation of USD 3 billion in 2016.
Advancement in contaminant detection methods including polymerase chain reaction and immunomagnetic separation for reducing detection time and sensitivity will provide lucrative opportunities for industry growth. However, lack of awareness and knowledge about the food safety regulations among manufacturers may hamper industry growth.
Salmonella was valued over USD 1.2 billion in 2016. Increasing occurrences of diet poisoning and other illness, due to presence of salmonella bacteria has enhanced the food pathogen testing market. In 2016, more than 395 million people in India suffered from poisoning due to contaminated meal.
E. coli contaminant is anticipated to generate over 170 million tests by 2024. Severe infections caused by E. coli including bloody diarrhea, anemia and kidney failure has resulted in increased demand for food pathogen testing. Consumption of unpasteurized milk products and improper processed meat have increased the chances of infections.
Technological advancement in tests performed on microorganisms including, polymerase chain reaction and immunomagnetic separation will provide positive outlook for product demand. Lack of awareness about safety regulations among manufacturers is a key challenge for industry demand. Furthermore, high price associated with the tests may hamper the market growth.
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North America market will be worth over USD 2 billion by 2024. Increasing awareness among consumers towards fodder safety, recent disease outbreaks and rising usage of preservatives are the key factors supporting the industry growth in this region. High medical expenses and increased use of genetically modified organisms in food & beverages industry will fuel regional industry growth.
Global food pathogen testing market is moderately consolidated due to presence of few industry players. Top three industry players hold around 45% of the global share. Eminent players of global market
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