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What is Growth Drivers of Food Safety Testing market? Bureau Veritas, Bio-Rad Laboratories, AsureQuality, Campden BRI, Eurofins Central Laboratory, EMSL Analytical, Inc, Accugen Laboratories, Inc, ADPEN Laboratories, Inc., Aegis Foods, ALS LIMITED, Avomee

Food Safety Testing market

Food Safety Testing market

Globally, food security is at constant risk due to food adulteration & contamination, leading to outbreak of food borne diseases. The WHO estimated that diarrheal diseases have caused around 2.4% i.e. 1.4 million of the total deaths in 2016. The act of food safety testing has significantly increased over the past few years owing to growing demand for tested food products and rising interest for increasing reliability & accuracy of test solutions, that can guarantee food safety. Apart from government, consumer forums and other nonprofit organizations are playing a significant role in paving a way for food safety. Rising healthcare costs has surged the consumer awareness on food safety, thus urging the government to modify the regulatory framework. Stringent norms and government initiatives to improve the food quality and eradicate the food illness has surged the industry advancement. For instance, the approval of FDA Food Safety Modernization Act has increased the adoption of food inspections among food processors on regular basis, thus augmenting the market advancement.
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Company Profiles
1. Bureau Veritas
2. Bio-Rad Laboratories
3. AsureQuality
4. Campden BRI
5. Eurofins Central Laboratory
6. EMSL Analytical, Inc
7. Accugen Laboratories, Inc
8. ADPEN Laboratories, Inc.
9. Aegis Foods
10. ALS LIMITED
11. Avomeen Analytical Services
12. Det Norske Veritas As (DNV)
13. GENEVAC LIMITED
14. Food Hygiene and Health Laboratory ( FH&HL )
15. GENON LABORATORIES LTD
16. Ifp Institut Für Produktqualität GmbH
17. Idexx Laboratories Inc.
18. ILS LIMITED
19. Lloyd´s Register Quality Assurance Limited Brasil
20. INTERTEK GROUP PLC

Growing consumer awareness and testing industry expansion due to increasing gastrointestinal disorder & toxicity cases will fuel Germany food safety testing market growth. Europe was already valued at over USD 2.5 billion in 2015. EU centralized health safety legislation to focus to reduce the overlapping inspections and introduced consistent, targeted, and clear enforcement will stimulate regional demand.
Changing consumer lifestyle and taste preferences for international cuisines are encouraging food supply chain recognition & improvement. International trade dependency on certification and safety tests are key factors fuelling industry growth.
Salmonella, campylobacter, E. Coli, Listeria are major reported pathogens for disease outbreaks. Pathogens market was over USD 6 billion in 2015. Modification in consumer diet and agricultural manufacturing practices are key factors responsible for pathogen evolution.

Growing concerns from ready to eat meals, bakery, infant diet, dried processed products, canned and preserved products to implement quality measures should drive processed industry growth. High cost associated with diverse diagnostic techniques due different product composition would impact food safety testing price trend.
Browse key industry insights spread across 144 pages with 240 market data tables & 12 figures & charts from the report, “Food Safety Testing Market”, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/food-safety-testing-market

Meat, poultry, & seafood dominates the global food safety testing market and is anticipated to to reach around USD 7 billion in 2025. Also, the global meat production has grown to around 320 million tonnes in 2014 as compared to 230 million tonnes in 2000 owing to increase global meat consumption per capita, health consciousness, and increasing consumer spending on processed meat products due to busier lifestyles. Contamination of meat, and meat products have resulted in serious health issues, thus enhancing the demand for tested products. Shifting trend towards processed meat products in Asia Pacific, and Middle East & Africa along with the necessity to improve the regulatory framework on food safety will drive the business expansion.

North America holds around 39% share in the global food safety testing market in 2018. High demand for rapid technology particularly for routine testing supported by significant research & development investments is proliferating the industry share. Innovations in instrument-based testing will positively influence the market growth in the region. Also, the country observes an increase in pathogens outbreaks from raw chicken & products, meat & meat products, shell eggs, dairy products, papayas and other fruits. Stringent regulations for improving the transparency between food processors and consumers by developing the labelling norms are surging the services demand.
The global food safety testing market is moderately fragmented with presence of many multinationals and regional players. The key industry participants include Eurofins Scientific, SGS AG, Bureau Veritas S.A., Idexx Laboratories Inc., Neogen Corporation, Intertek Group PLC, and Bio-Rad Laboratories. The key strategies observed in the industry include mergers & acquisitions, strategic R&D investments, and geographic expansions to enhance business revenues.

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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