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Food Safety Testing Market Set to Grow according To Forecasts - Key Player ALS Limited, Asurequality, Bio-Rad Laboratories, Ecolab, Eurofins Scientific and Food Safety Net Services

10-30-2019 11:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

The Insight Partners

The Insight Partners

The Food Safety Testing Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Food Safety Testing market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

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Food safety testing is the process of inspecting food products for chemicals, disease-causing organisms and other materials that are hazardous to human health. Various techniques and technologies are used for the identification of pathogens, chemicals and genetically modified organisms (GMOs) in the food. Food safety testing validates the food product contents as indicated on the labels. Food safety testing helps in maintaining the quality of food in terms of ingredients, taste and appearance. The food safety is a high priority for industry stakeholders, regulatory agencies and consumers. Owing to the emergence of new safety challenges and issues, companies are establishing and upgrading safety programs to reduce risk factors.

The food safety testing market is growing at a faster pace owing to Increase outbreaks of foodborne illnesses and stringent food safety regulations in developed countries such as the United States and Europe. Moreover, rise in competition among food producers, an increase in instances of food debasement, such as adulterations, pesticides, artificial taste enhancers and certifications, boost the growth of the food safety testing market. However, the lack of food control infrastructure in the developing economies and complexity in testing techniques are projected to hamper the growth of the market. Likewise, technological advancement will provide prevailing market opportunities for the key players over the forecast period.

The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.

The Food Safety Testing market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.

Leading companies profiled in the report include:

1. ALS Limited
2. Asurequality
3. Bio-Rad Laboratories, Inc.
4. Ecolab
5. Eurofins Scientific
6. Food Safety Net Services (FSNS)
7. Intertek Group plc
8. Merieux NutriSciences
9. Microbac Laboratories, Inc
10. NSF International

The global food safety testing market is segmented on the basis of food tested and technology. On the basis of food tested the global food safety testing market is segmented into meat & meat products, dairy & dairy products, cereals, grains & pulses, processed food and others. Based on technology, the global food safety testing market is bifurcated into agar culturing, PCR-based assay, immunoassay-based and others.

The report highlights key growth strategies adopted by these players of the Food Safety Testing industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

The report answers the following key aspects:

•           Food Safety Testing Market size and growth rate in the forecast period.

•           Existing market trends.

•           Factors driving Food Safety Testing market growth.

•           Future opportunities in the Global Food Safety Testing Market.

•           Market initiatives by the leading vendors.

•           PEST analysis across five major regions.

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Contact Us:

The Insight Partners,

Phone: +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 clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Food and Beverages, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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