Press release
Food Safety Testing Market Industry Size, Developments, Trends, Growth and Top Players- Sgs S.A., Bureau Veritas S.A., Intertek Group Plc, Als Limited, Eurofins Scientific
The global food safety testing market was valued at USD 11,122.53 million in 2016 and is further expected to witness a CAGR of 7.2% during the forecast period of 2018-2023.Food Safety Testing Market Precise Outlook 2020-2023 is complete guide for the new entrants in the industry; the report provides the market history of every product ever retailed by the company. It also provides history of the product types, sales, volume, technology, during the forecast period. The growth rate challenges and barriers are also explained in the Food Safety Testing Market research report. The report shades light on the development rate of the strategies. Products and technologies used in the production, manufacturing and marketing of the report.
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Food supply and quality of food are under constant threat globally, and there is a growing demand for effective test products that can ensure food safety. The practice of food safety testing has gained considerable significance over the past years, owing to growing incidences of food-borne illnesses and poisoning by contaminated food products. This necessitates the robust and effective system in place to ensure food security as well as food safety.
The prominent players in the global Food Safety Testing market are:
Sgs S.A., Bureau Veritas S.A., Intertek Group Plc, Als Limited, Eurofins Scientific, Dts Laboratories, Ils Limited, Covance Inc., Silliker Inc., Asurequality Limited, Microbac Laboratories, Inc., Spectro Analytical Lab Ltd, Vanguard Sciences (Formerly Aegis Food Testing Laboratories), Ecolab Inc., Bio-Rad
Market Segmentation by Region:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America
**News & Updates:
7 April 2020 Western Growers launch leafy greens food safety platform
July 12, 2019 FSSAI to launch sampling and testing scheme for licensed dairy units
10/16/2019 Bio-Rad Launches dd-Check STEC Solution for Food Safety Testing
Dec 08, 2017 Goa CM to unveil country's 'first' mobile food testing lab
09th September 2016 Launch of mobile food testing lab to assist Kerala's Food Safety Commissionerate
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Global Food Safety Testing Market Overview
Rising Healthcare Cost due to Lacunas in Food Safety Testing
Consumer choice is key for any food-based industry, as the consumers safety, health concerns, and preferences always drive the food market. The additional burden in the form of rising health-care cost and increasing out-of-the pocket expenditure on healthcare by commoners have prompted the governments and regulatory authorities to set a robust food safety policy. Consumer organizations and other non-profit government organizations are a driving force behind food safety policy. Each of these organizations advocate for food safety in a different way; while one focuses on presenting information through science and research, another focuses on showing the real-life impacts of food-borne illness on families, while yet another focuses on consumer education..
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Key Developments
-February 2018: A mobile food-testing van was launched in Hyderabad. The van was sanctioned by the Food Safety and Standards Authority of India, as part of a Central government scheme, to maintain food safety and hygiene standards, mainly in eateries.
-October 2016: SGS acquired AXYS Analytical Services Ltd. (AXYS), Sidney, British Columbia, Canada. AXYS analyses Persistent Organic Pollutants (POPs), Contaminants of Emerging Concerns (CECs) and the early development stages of the fast growing metabolomics business.
Furthermore, Global Food Safety Testing Market following points are involved along with a detailed study of each point: -
- Global Food Safety Testing Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Food Safety Testing Market competition by Manufacturers (2020-2023)
- Production and Consumption by Regions
- Complete profiling and analysis of Manufacturers (2020-2023)
- Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Food Safety Testing Market Effect Factors Analysis (2020-2023)
- Global Food Safety Testing Market Forecast (2020-2023)
- Global Food Safety Testing Market Research Findings and Conclusion
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
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Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
About US
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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