Global Food Pathogen Testing Market Growth Attributes with Market Outlook 2024 | Key Company Profiled Bureau Veritas, Microbac Laboratories, Inc., Agilent Technologies, AsureQuality, Silliker INC

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.

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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.

Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:
• Bureau Veritas
• Microbac Laboratories, Inc.
• GENON LABORATORIES LTD
• GENEVAC LIMITED
• Lloyd's Register Quality Assurance
• Campden BRI
• Agilent Technologies
• Thermo Fisher Scientific (Compendia Bioscience)
• GENON LABORATORIES LTD

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.

The maintenance of a reliable and accurate pathogen testing framework is one of major challenges which market players are likely to face in the future, which experts cite would conveniently be resolved with the deployment of automation. The growing technological advancements prevalent in the current pathogen testing methods will thus lead to the generation of a lucrative avenue for entrants in food pathogen testing industry.

A strict regulatory framework speaks volumes and has contributed immensely toward the development of food pathogen testing industry. In 2013, the U.S. Food and Drug Administration (FDA) launched the eighth edition of the Food Code model to address the food protection and safety parameter, that retail stores and food services are mandated to adhere by. Reportedly, FDA has included several new provisions in the revised Food Code model to minimize foodborne illness as well, which would considerably impact market landscape. Numerous other initiatives have been undertaken by governmental organizations with regards to food safety and standardization, which food providers across North America are increasingly focusing on, pertaining to the growing awareness among the consumers about the adverse effect of contaminated food on health. These initiatives are likely to substantially drive North America food pathogen testing market size, which, as per estimates, will surpass a revenue collection of USD 2 billion by 2024.

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Asia Pacific was valued over USD 700 million in 2016. Changing income trends and improving standard of living along with technological innovations are the key factors driving the industry demand. Rising demand for processed edible products particularly from millennials has enhanced the product penetration.

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.

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