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Concern of Consumer Safety to Boost the Global Food Testing Kits Market with CAGR of 6.85% by 2025

01-30-2020 11:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, INC

Concern of Consumer Safety to Boost the Global Food Testing Kits

Los Angeles, January 30, 2020 -Food testing kits are essential components of the food and beverage industry used for inspecting disease causing organisms, hazardous materials, and chemicals. In the forthcoming years, the burgeoning food and beverages industry is expected to have an unprecedented impact on the food testing kits market. QY Research has recently published a report titled "Global Food Testing Kits Market Insights, Forecast to 2025". According to the report, the global food testing kits market was worth US$1757mn during 2018 and is expected to reach US$2793mn by the end of 2025, registering a CAGR of 6.85% during the forecast period.

Get PDF sample copy of the report at: https://www.qyresearch.com/sample-form/form/1454729/global-food-testing-kits-market

Key players in the market are engaging in updating their inventories and equipment to deliver better and faster results. They are also investing and collaborating to increase competition in the market.

The key players operating in the global food testing kits market are Thermo Fisher Scientific, Agilent, Eurofins Scientific, BioM?rieux, Neogen, Merck Millipore, Bio-Rad, QIAGEN, PerkinElmer, and Danaher.

Stringent Safety Standards to Boost Demand for Food Testing Kits

Food testing kits are expected to rise in demand as they aid inspection of genetically modified organisms, chemicals, and pathogens that could be present in various food items. The growing instances of food fraud due to manufacturers altering food ingredients for cheaper or harmful components to make financial gains is directing impacting the uptake of food testing kits. These kits play a crucial role in detecting unfit, mis-described, and potentially harmful food items.

Consumption of toxic or contaminated food can result in illness and even death. Therefore, implementation of regulation by organizations such as Canadian Food Inspection Agency, Food Safety and Standard Authority of India, European Food Safety Authority, and Food Standards Agency on food and beverages to ensure safety is likely to boost the demand.

Extensive Dairy Consumption to Boost Demand for Food Testing Kits

Focus on wholesome nutrition, government initiatives to offer mid-day meals in schools, and investments in dairy farms have improved access to dairy products over the years. Thus, the dairy products segment is expected to rise in demand during the forecast period as they are the highest consumed food items in the world.

Strict Government Policies to Push North America as the Leading Region

North America is expected to lead the global market as this region accounts for the maximum shares for the food testing kits market. This region also has strict government policies and regulatory bodies to maintain food standards and protect the health of consumers.

Get PDF sample copy of the report at: https://www.qyresearch.com/sample-form/form/1454729/global-food-testing-kits-market

QY Research, INC
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City of industry, CA - 91748
USA: +1 626 295 2442
Email: enquiry@qyresearch.com
Web: http://www.qyresearch.com

About Us:

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

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