Food Safety Testing Market to Rise at a CAGR of 7%, and it is expected to cross USD $15 billion by 2021

Consumer awareness about food safety has increased significantly. Increasing consumer demand for healthy and safe food has been creating a huge opportunity for food safety testing market. The food manufacturing companies must conduct food safety testing on all their food products as described by the regulatory bodies. Consumers have been depending on the reports of food safety tests to decide on consuming the food products. Consumer perception on food safety has significantly increased witnessing higher number of chemical contaminations in food products, higher number of products recalls due to contamination by various pathogens, and so on.

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Prominent Key Players

This report includes a study of strategies, of major market players. It includes the product portfolios, developments of leading major players such as InvenSense, Inc, NXP Semiconductors, Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics, Texas Instruments Incorporated, KIONIX, INC. (ROHM Co., Ltd.), Measurement Specialties, Inc, Analog Devices, Inc, ZOLL Medical Corporation, Freescale Semiconductor, Inc and Infineon Technologies AG and others.

Segmentation Analysis

MRFR has segmented the global food safety testing market into contaminants, technologies and product types. The contaminant segment has been categorized into pathogens, pesticides, GMOS, toxins & others. The technologies segment is categorized into traditional technology & rapid technology. And the product types is categorized into meat & poultry products, dairy products, processed food, fruit & vegetable & other food types.

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Regional Analysis

In North America, food borne illness has accounted high expenses through the medication and lost work. North American government has spent many billions to recover the pathogen epidemic. Asia-Pacific is likely to be the fastest growing region, due to rising demand for food safety from consumers, producers, and regulators. The most rapid moving to a new country in Asia-Pacific food safety testing is China, and this gain will be amplified by larger base. Australia has also been affected severely with pathogen induced foodborne diseases and has prioritized food safety testing.

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