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Food Safety Testing Market 2020 Global Analysis By Key Players – SGS SA, Eurofins Scientific, Bureau Veritas, Intertek Group plc, ALS Limited
WiseGuyReports.com Publish A New Market Research Report on –“ Food Safety Testing Market 2020 Global Analysis By Key Players – SGS SA, Eurofins Scientific, Bureau Veritas, Intertek Group plc, ALS Limited”.Food Safety Testing Market 2020
Summary: -
Global Food Safety Testing Market is forecasted to register a CAGR of 7.1% and surpass USD 27,334.4 Million during the review period. Food safety testing is the investigation of food products for disease-causing organisms, chemicals, and other dangerous materials. The growth of the global food safety market is driven by the rising prevalence of food-borne illnesses worldwide and the implementation of stringent food safety government regulations support the demand for food safety testing. Additionally, limited supporting infrastructure in developing countries is restraining the growth of the market. Moreover, the focus on the development of advanced rapid technologies in emerging countries creates attractive growth opportunities for players in the market.
The global food safety testing market is expected to register an incredible growth rate during the forecast period owing to the rising prevalence of food-borne illnesses that have led to the implementation of strict food safety regulations. Furthermore, the regions where the lack of basic supporting infrastructure, do not have adequate frameworks for food safety testing because of various factors such as limited awareness, economic instability, and a lack of government support. Such constraints are estimated to hamper the growth of the food safety testing market.
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Major Key Players of Food Safety Testing Industry:
Prominent Players in the Global Food Safety Testing Market include SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Bureau Veritas (US), Intertek Group plc (UK), ALS Limited (Australia), AsureQuality Ltd. (New Zealand),Microbac Laboratories, Inc. (US), Neogen Corporation (US), TÜV SÜD (Germany), and ADPEN Laboratories Inc. (US).
Market Segmentation
The Global Food Safety Testing Market has been categorized by Contaminant, technology, and food type.
Based on the contaminant segment the market has been further segmented into Pathogens, Salmonella, coli, Listeria, Campylobacter, Others, Pesticides Toxins, GMOs, and Others.
The Global Food Safety Testing Market, by Technology segment, has been classified as Traditional, Rapid, PCR-Based Testing, Convenience-Based Testing, Immunoassay-Based Testing, and Others.
Based on the food type category, the global food safety testing market has been classified into dairy products, cereals & grains, meat, poultry, & seafood products, processed food, fruits & vegetables, and others.
Regional Analysis
North America is likely to drive the global food safety testing market during the forecast period owing to the changing consumption patterns, widespread outbreaks of food-borne illnesses, advances in food safety science, and the identification of new risks have resulted in various initiatives being taken by government agencies such as the FSIS.in 2018, North America contributed 39.83 %share of the global market and is estimated to register a significant CAGR of 7.4% during the forecast period. Moreover, Europe is anticipated to hold the second-largest contribution of the global food safety testing market owing to the growing concern of food safety.
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Table of Contents – Major Key Points
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET INSIGHTS
5 MARKET DYNAMICS
6 MARKET FACTOR ANALYSIS
7 GLOBAL FOOD SAFETY TESTING MARKET, BY CONTAMINANT
8 GLOBAL FOOD SAFETY TESTING MARKET, BY TECHNOLOGY
9 GLOBAL FOOD SAFETY TESTING MARKET, BY FOOD TYPE
10 GLOBAL FOOD SAFETY TESTING MARKET, BY REGION
Continued…
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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