Press release
Food Safety Testing Market is Expected to Exceed USD 25.19 Billion by 2026 | Top Key Vendors - Microbac Laboratories, Asurequality, ALS, Eurofins Scientific, Bureau Veritas SA, TUV Nord Group, TUV SUD AG
Food Safety Testing Market
Overview of the Global Food Safety Testing Market:
The Global Food Safety Testing Market is accounted for $11.23 Billion in 2017 and is expected to reach $25.19 Billion by 2026 growing at a CAGR of 9.4%.
Rise in demand for convenience and packaged food products, increase in outbreaks of chemical contamination in food processing & manufacturing industries and global increase in outbreaks of foodborne illnesses are some key factors influencing the market. However, lack of food control infrastructure and resources in developing countries & microbiological testing often requires long time to get the results are restricting the market growth.
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Food testing is a procedure of food product verification in order to check safety and decrease risk of contamination which causes food borne illness. Food testing involves validation of food product contents as indicated on the labels.
Food safety testing has been important factor for maintaining quality of food in terms of ingredients, taste and appearance. Food safety testing techniques such as microbial contamination and analysis on chemical contents says all aspects of safe food production, processing and delivering the product to the consumer. Food safety testing helps the companies in regulating allergenic components and pathogenic bacteria in food products that provides safe and healthy products to the consumers.
Based on geographic analysis, North America accounted for the largest market share in market and is likely to maintain its dominance all through the predicted period due to severe regulations imposed by the regulating bodies on food safety.
A complete analysis of the competitive landscape of the Global Food Safety Testing Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Food Safety Testing Market players.
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Major Key Players:
1 Microbac Laboratories
2 Intertek Group PLC
3 Asurequality Ltd
4 ALS Limited
5 Eurofins Scientific
6 Bureau Veritas S.A.
7 Laboratory Corporation of America Holdings
8 TUV Nord Group
9 TUV SUD AG
10 SGS SA and More………….
Market Segment by Testing Technologies:
1 Chromatography
2 Enzyme Linked Immunosorbent Assay
3 Immunoassay
4 Irradiation
5 Mass Spectrometry
6 Microarrays
7 Nuclear Magnetic Resonance (NMR)
8 Polymerase chain reaction (PCR)
9 Other Technologies
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This study answers to the below key questions:
1 What are the key market trends?
2 What will the market size be in 2026 and what will the growth rate be?
3 What are the strengths and weaknesses of the key vendors?
4 Who are the key vendors in this market space?
5 What is driving this market?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the challenges to market growth?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Food Safety Testing Market.
Table of Contents:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Food Safety Testing Market, By Testing Technology
6 Global Food Safety Testing Market, By Testing Type
7 Global Food Safety Testing Market, By Food Type
8 Global Food Safety Testing Market, By Geography
9 Key Developments
10 Company Profiling
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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