Food Safety Testing Market 2020: In-Depth Analysis of Top Key Players - SGS GROUP, ALS Limited, Eurofins, Merieux Nutrisciences, Deltamune, Asurequality Limited, Bureau Veritas, NEOGEN, TUV SUD

A recent report published by QMI on food safety testing market is a detailed assessment of the most important market dynamics. After carrying out thorough research of food safety testing market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for food safety testing during the forecast period. It can enable manufacturers of food safety testing to change their production and marketing strategies in order to envisage maximum growth.

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Know more about food safety testing and its significance-

Food safety testing relates to inspecting food products for bacteria, chemicals and other hazardous materials that cause disease. It is usually aimed at three main contaminants of food, namely pathogens, chemicals, and GMOs.

Food fraud occurs when food is intentionally modified with the intention of deceiving customers for economic gains. The Agency for Food Standards (FSA) specifies two primary kinds of food fraud, namely the sale of unsuitable and possibly dangerous food and intentional food misdescription.

Implementation of multiple food safety laws, especially in developed economies, drives the development of the worldwide market for food safety testing. Recycling of animal by-products, sale of product's previous use-by date, the inclusion of damaging ingredients, and unsafe methods of food handling are some of the main operations of food fraud. Eating contaminated foods, including toxic chemicals and radioactive materials, leads to foodborne disease, which can even lead to death.

It is anticipated that the implementation of stringent laws by many major food safety organizations, such as the Food Standards Agency, the European Food Safety Authority, India's Food Safety and Standards Authority, and the Canadian Food Inspection Agency, will drive development in the global food safety testing industry to avoid consumer ill health and food fraud.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
SGS GROUP
ALS Limited
Eurofins
Merieux Nutrisciences
Deltamune
Asurequality Limited
Bureau Veritas
NEOGEN
TUV SUD

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Important Factors Impacting Market Growth:

o Increase in convenience requirements and packaged food products
o Strict regulations on food safety
o Rising awareness in consumers about food safety

Regional distribution and potential areas for growth:

This report segments the food safety testing market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for the food safety testing market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the food safety testing market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

The Asia Pacific is estimated to be one of the fastest-growing markets for food safety testing during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of food safety testing market. The Middle East and the Rest of the World are estimated to be emerging regions for the food safety testing market during the forecast period.

Market Segmentation:

By Contaminant:

Pathogen
Genetically Modified Organism (GMO)
Chemical & Toxin
Others

By Food Tested:

Meat & Meat Product
Dairy & Dairy Product
Cereal, Grain, & Pulse
Processed Food
Others

By Technology:

Agar culturing
PCR-Based assay
Immunoassay-Based
Others

By Region:

North America
By Country (US, Canada, Mexico)
By Contaminant
By Food Tested
By Technology
Western Europe
By Country (Germany, UK, France, Spain, Rest of Western Europe)
By Contaminant
By Food Tested
By Technology
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Contaminant
By Food Tested
By Technology
Asia Pacific
By Country (China, Japan, India, Rest of Asia Pacific)
By Contaminant
By Food Tested
By Technology
Middle East
By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
By Contaminant
By Food Tested
By Technology
Rest of the World
By Region (South America, Africa)
By Contaminant
By Food Tested
By Technology

Reasons To Buy This Report:

Market size estimation of the food safety testing market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

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Quince Market Insights
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This release was published on openPR.