Food Testing Kits Market: Growth Opportunities and Challenges
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=258879727
The immunoassay-based food testing kits segment is estimated to be the largest in 2017
The immunoassay-based segment is estimated to account for the largest share in the food testing kits market, in terms of value, in 2017. The immunoassay-based segment dominated the market for technology in 2016. Immunoassay-based technology is used for screening of a wide variety of targets tested in food, such as pathogens, meat species, GMOs, allergens, pesticides, mycotoxins, and other residues. Also, it is cost-efficient and offers rapid test results. These are some of the factors fueling the growth of immunoassay-based segment in the food testing kits market.
The meat, poultry, and seafood segment is estimated to be largest among samples tested in 2017
Meat, poultry, and seafood are widely tested for contaminants such as pathogens, other meat species, GMOs, and allergens. Stringent regulatory policies by leading authorities to prevent contamination of and allergies caused by meat & meat products in slaughterhouses and processing plants form a significant factor responsible for the growth of this segment in the food testing kits market.
North America is estimated to be the most lucrative market for food testing kits
The North American region is projected to dominate this market by 2022. The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The market in this region is driven by the increasing export activities, which need onsite testing and faster test results to meet the standards & regulations enforced by different countries and regions.
The market for food testing kits in developing countries lacks food control infrastructure and resources; also, there is lack of support from international agencies such as FAO, the WHO, and the World Bank. There is also lack of harmonization of food safety regulations and implementation of heavy duty on import of test kits in various regions, which is also restraining market growth. These are few restraining factors that affect the growth of food testing kits market, globally.
Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=258879727
This report includes a study of business strategies, along with the product portfolios of leading companies. More than 100 developments were tracked for the 12 companies in the food testing kits market. It includes the profiles of leading companies such as Thermo Fisher (US), Agilent (US), Eurofins (Luxembourg), bioMérieux (France), and Neogen (US).
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
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 Testing Kits Market: Growth Opportunities and Challenges here
News-ID: 1872405 • Views: 370
More Releases from MarketsandMarkets™
Bone Growth Stimulator Market - Industry Share Analysis, Key Players and Future …
The Research Report on "Bone Growth Stimulator Market by Product (Device (Implant, External), Bone Morphogenetic Protein, PRP), Application (Spinal Fusion, Delayed Union, Non-union Bone Fracture, Maxillofacial Surgery), Care Setting (Hospital, Homecare) (2022 - 2026)", is projected to reach USD 1.5 billion by 2026 from USD 1.1 billion in 2021, at a CAGR of 5.8% during the forecast period. Growing patient preference for non-invasive and minimally invasive surgical treatments; The demand for minimally
Growing Demand of Multi-Factor Authentication Market | Size , Share 2022-2026
According to study published by MarketsandMarkets™, "Multi-Factor Authentication Market size projected to grow from USD 11.1 billion in 2021 to USD 23.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=231220047 Browse in-depth TOC on "Multi-Factor Authentication Market by Component (Hardware, Solutions, and Services), Model Type (Two, Three, Four, and Five-Factor), Organization Size, End User (BFSI, Healthcare, Media and Entertainment,
Federated Learning Solutions Market Size, Share 2022-2028 | Rising Demand
According to a new market research report "Federated Learning Market by Application (Drug Discovery, Industrial IoT, Risk Management), Vertical (Healthcare and Life Sciences, BFSI, Manufacturing, Automotive and Transportation, Energy and Utilities) and Region - Global Forecast to 2028" published by MarketsandMarkets™, As per AS-IS scenario, the global federated learning market size to grow from USD 127 million in 2023 to USD 210 million by 2028, at a Compound Annual Growth
Biomarkers Market - Industry Share Analysis, Key Players and Future Prospect
The Research Report on "Biomarkers Market by Product (Consumable, Service), Type (Safety, Efficacy, Validation), Disease (Cancer (Solid & Liquid Biopsy), Neurological), Application (Diagnostics, Drug Discovery & Development, Personalized Medicine) (2022 - 2026)", the global market size was valued at USD 43.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2026. Growth Opportunity: Personalized medicine; Biomarkers play a key role in
More Releases for Food
Wonderful Barcelona food tour
Barcelona food tour at its best Enjoy a great city with even greater meals. The Catalan kitchen has many surprises and offers different variations of classic Spanish meals. Fresh fish from the sea combined with selected ingredients and spices create special meals with a remarkable taste. Guests enjoy the menu’s in a very special environment in the young and beautiful city Barcelona. Enjoy your meals and a great stay with Foodhopping
Rigid Food Containers
The Global Rigid Food Containers Market Research Report 2017 renders deep perception of the key regional market status of the Rigid Food Containers Industry on a Global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. Request for sample of Rigid Food Containers Market research report @ https://www.qyresearchgroups.com/request-sample/548017 The report on “Global
Packaged Food in Argentina
Summary The economic crisis seriously impacted the demand for packaged food, leading to a slight decrease in retail volume sales in 2016. To soften the fall in sales, the main chained supermarkets and hypermarkets, such as Jumbo, Coto and Carrefour, offered significant discounts. These retailers offered deals like 2-for-1, or an 80% discount on a second product, as well as major savings when paying with a bank card. These promotions even
Packaged Food in Germany
Summary Retail value sales of packaged food continued to grow in Germany in 2016, as was the case in all years of the review period from 2011 to 2016. The last time a decline took place was in the context of the global economic and financial crisis and the following recession in 2010. In the context of the review period as a whole, the 2016 development was slightly below average, although
Packaged Food in France
Summary The slow but progressive exit from the persisting crisis of the French economy and the slight improvement in GDP growth in 2016 has contributed to current value growth of 1% in current value terms in packaged food. This is still modest and just in line with the CAGR seen over the review period, although this is in the context of strong price wars, stagflation and the detrimental effects of terrorist
Navratra Special! Sattvik Food!
Treat your taste buds this Navratri with mouthwatering vrat ka khanna at Bayview Restaurant, Hotel Marine Plaza from 1st October till 10th October 2016. The newly designed menu is an Ala Carte available for Lunch and Dinner at Bayview. Executive Chef Kshitiz Shekhar have crafted these dishes keeping in mind the ingredients & flavors that are in harmony with the fasting beliefs. The meal is in accordance with the navratra rules