openPR Logo
Press release

Food Safety And Hygiene Compliance Market to Grow at +6.0% CAGR to Reach $15.3 Bn by 2027 Led by Key Players AsureQuality Limited, Dicentra, Eurofins Scientific SE, Intertek Group, Mérieux NutriSciences, Microbac Laboratories, Neogen Corporation, PathSen

06-26-2019 03:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Food Safety And Hygiene Compliance Market

Food Safety And Hygiene Compliance Market

The global food safety and hygiene compliance market is accounted to US$ 9.1 Bn in 2018 and is expected to grow at a CAGR of 6.0% during the forecast period 2019 - 2027, to account to US$ 15.3 Bn by 2027.

Europe is anticipated to be the fastest growing market and North America is to be the highest revenue contributor throughout the forecast period. Amendments in food safety compliances and demand for frozen, processed foods in the food safety and hygiene compliance market are the major factor driving the food safety and hygiene compliance market Moreover, The European Food Safety Authority (EFSA) is projected to list down the criteria for further pathogens in the future. The synchronized EU control system is applied to all the EU member countries. Health protection is a motive of all the EU laws and rules in the agriculture, food production, and animal husbandry sectors. Moreover, food hygiene legislation is mandatory to be followed by varied food & beverage industries. The entire food safety and hygiene compliance market is growing exponentially in which government has made it mandatory for the food operators to comply with all regulations.

Get Sample PDF Brochure of this Premium Research Report at https://www.theinsightpartners.com/sample/TIPRE00003659/?utm_source=OpenPr&utm_medium=Pooja_R

Food Safety and Hygiene Compliance Market - Company Profiles

• AsureQuality Limited
• Dicentra
• Eurofins Scientific SE
• Intertek Group plc
• Mérieux NutriSciences
• Microbac Laboratories Inc.
• Neogen Corporation
• PathSensors
• rfxcel CORP.
• SafetyChain Software, Inc.

Strategic Insights

New market initiatives was observed as the most adopted strategy in global food safety and hygiene compliance market. Few of the recent market initiatives are listed below:

2018: Neogen acquired the assets of Livestock Genetic Services, LLC. The acquisition of Livestock Genetic Services (LGS) enhances Neogen’s in-house genetic evaluation capabilities, and complements the company’s unparalleled global network of animal genomics laboratories. LGS has been a long-time strategic partner of Neogen’s genomics business.

2018: The Acheson Group (TAG) and SafetyChain Software stated about the introduction of TAG Risk Assessment Tool. The tool is presented on the robust SaaS quality management platform of SafetyChain Software. The tool offers food & beverage companies a sustainable and effective approach for managing risk in its supply chain.

2018: Intertek launched a third-party brand audit solution to effectively manage a company’s reputation by providing a 360° view of the organisations’ sites, ranging from e-reputation to health and safety. Intertek’s 360° Brand Assurance solution is suitable for all industries including food establishments such as bakeries, restaurants, hotels, catering, fast food chains, coffee shops, e-commerce, and retail and luxury stores.
Market Insights

Strict framework of food compliances
The different regulations in food production and safety majorly include laws associated with packaging & labeling, licensing registration & health and sanitary permits, and other licenses. These laws ensure that food must comply with the law and regulations in order to meet the country’s sanitary requirements and gain market access. In some countries, laws also govern food composition and quality standards. The food safety regulations are the major factor boosting the growth of food safety and hygiene compliance market.

High use of social media in food safety industry
In a current scenario, the consumer demands for safe and least-processed food. Whereas, consumers are not completely aware of food safety and hygiene practices. Social media play a pivotal role in improving the sources of information and it provides the food industry a platform to educate consumers about the correct practices. Also, the information about any foodborne outbreaks or illness due to any particular product is rapidly spread due to the availability of social media. Continuous expansion in the role of social media in food safety is expected to provide substantial growth opportunity to the industry players in food safety and hygiene compliance market.

Place a Direct Purchase Order to Acquire a Copy of this Report at https://www.theinsightpartners.com/buy/TIPRE00003659/?utm_source=OpenPr&utm_medium=Pooja_R

GLOBAL FOOD SAFETY AND HYGIENE COMPLIANCE - MARKET SEGMENTATION

By Type

• Personal Hygiene
• Facility Hygiene
• Food Safety Monitoring

By Solution
• Hardware
• Software
• Services

By End User
• Full-Service Restaurants
• Quick Service Restaurants
• Grocery/ Retailers

By Geography
• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Italy
o Netherlands
o Spain
o UK
o Finland
o Switzerland
o Rest of Europe

• Asia Pacific (APAC)
o South Korea
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific

• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
o Turkey
o Rest of MEA

• South America (SAM)
o Brazil
o Chile
o Rest of SAM

Key Benefits of Buying this Research Study:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global food safety and hygiene compliance market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global food safety and hygiene compliance market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Get Exclusive discount on Full report @ https://www.theinsightpartners.com/discount/TIPRE00003659/?utm_source=OpenPr&utm_medium=Pooja_R

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Food Safety And Hygiene Compliance Market to Grow at +6.0% CAGR to Reach $15.3 Bn by 2027 Led by Key Players AsureQuality Limited, Dicentra, Eurofins Scientific SE, Intertek Group, Mérieux NutriSciences, Microbac Laboratories, Neogen Corporation, PathSen here

News-ID: 1789069 • Views: 549

More Releases from The Insight Partners

Chatbot Market trend shows a rapid growth by 2027- Nuance Communications, Artifi …
Chatbot is a type of artificial intelligence systems which interacts with the users through speech, text, and messaging. With the increasing demand and usage of messaging applications made easy accessibility of customized bot and therefore strengthen the growth of Chatbot market. There are many Chatbot platform present like WeChat, Facebook messenger, WhatsApp among others, all these chatbots has become the necessity for many industries. The increasing demand of computerized patient
Mixed Reality in Gaming Market 2019-2027 Study includes Top Key Players as Micro …
Mixed Reality (MR) in Gaming is a technology combining real environment and virtual world which increases efficiency by reducing time in product designing. MR is also termed as hybrid reality, it produces new surrounding and visualizations where physical and digital objects stands and interacts in real time. As demand for smartphone, tablet is increasing, it is offering a large scope to MR also. More to it, for giving proper and
Event Stream Processing Market to 2027 - Google, IBM, Informatica, Microsoft, Or …
The analysis of the global Event Stream Processing Market 2027 is an in-depth study of the Event Stream Processing industry, which focuses on global market trends. The report aims to provide an overview of the global market for Event Stream Processing with detailed market segmentation by product / application and by region. The global market for Event Stream Processing is expected to experience strong Growth over the forecast period. The reports
System of Insight Market to 2027 - GoodData, IBM, INETCO Systems, Medallia, NGDA …
The analysis of the global System of Insight Market 2027 is an in-depth study of the System of Insight industry, which focuses on global market trends. The report aims to provide an overview of the global market for System of Insight with detailed market segmentation by product / application and by region. The global market for System of Insight is expected to experience strong Growth over the forecast period. The reports

All 5 Releases


More Releases for Safety

Mobile Safety Software
The rising popularity of mobile applications is one of the key factors responsible for the strong growth of this market during the forecast period of 2017 to 2021. It has been noted that mobile apps, such as WhatsApp, Snapchat, Facebook, YouTube, and Gmail, have gained popularity among the millennials since the past few years. Business applications, such as e-mail, calendars, and teleconferencing applications, are available for free and offer an
Airport Runway Safety System
Runway safety involves safe and reliable. Airport runway safety systems ensures safe and reliable flight operations from take-off to landing through providing guidance to ATCs and pilots. This is done by analyzing the detected data of runways and taxiways to take necessary steps in action while avoiding runway incursions, excursions, and confusions. Publisher's analysts forecast the global airport runway safety system market to grow at a CAGR of 8.53% during the
Road Safety Market
Numerous systems, devices, and technologies are leveraged to ensure safety on highways, bridges, tunnels, and urban roads. Together they constitute the global road safety market, which at present is characterized by the presence of many players both from the private and public sectors. As a result, the competitive landscape is fragmented. Depending upon the different solutions for road safety available, the global market can be classified into automatic license plate
Safety first
When working on machines, keeping employees safe is of the utmost importance. Certain regulations ensure machine safety. In Germany, for example, this is called the "Regulation regarding safety and health protection in using work equipment." In other countries, similar regulations are effective, according to which the potential hazards of a machine are regularly assessed and the necessary and appropriate safety measures are derived. Do your safety standards meet the requirements? And
Capital Safety Australia
Fall protection for penetrations and openings in construction, civil and confined space applications! DBI-SALA, a Capital Safety brand solely dedicated to the fall protection market, has announced the launch of their NEW PenoGuard™ fall protection system. PenoGuard is a new and revolutionary safety device that dramatically increases the safety of workers around penetrations that are commonly seen in construction, civil works and confined space applications. Penoguard has numerous safety factors that
Safety of Australian ETFs
BlackRock’s (NYSE: BLK) exchange traded fund business, iShares, said today that Australia’s young exchange traded fund (ETF) market and stringent regulatory system are keeping Australia’s ETFs relatively simple and straightforward. There are 50 ETFs currently trading on the Australian Securities Exchange (ASX) – the majority are based on the traditional ETF structure of a fund of physical stocks, in comparison to more complex ETF structures such as derivatives-based, leveraged and inverse