Food Safety Testing System Market Size, Share, Research Methodology, Revenue By 2027

The Global Food Safety Testing System Market is projected to reach USD 33.78 billion in 2027. A higher outbreak of foodborne diseases and the implementation of strict regulatory rules on the optimal quality of foodstuffs are expected to boost market demand for product safety over the planned period. Inadequate regulatory infrastructure is considered to be in place in the underdeveloped countries because of limited resources and a lack of reorganization by food regulators. In the Asia-Pacific sector, however, the industry is expected to increase because of significant growth in8 the food processing sector in developing economies such as India and China and the enforcement of strict product safety regulations. More awareness of quality controls and the testing of foodstuffs should also help market growth during the forecast period.

The market intelligence report is one of the first studies to scrutinize the present market situation with respect to the COVID-19 outbreak. Since the outbreak, the global business sector has been grappling with various adverse financial consequences. The pandemic has affected nearly all segments of the Food Safety Testing System market, further stifling the developmental scope of various manufacturers and buyers engaged in this particular sector. The report analyzes the drastic impact of the pandemic on this business sphere. Thus, the report studies the shifting dynamics of this market to gauge the profits earned or loss suffered by the different regional segments.

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Further key findings from the report suggest

• Increased consumer awareness for genetically-modified foods is the most rapidly growing segment in GMOs, and the global GMO research industry is projected to be powered by efficient technological trends.
• The lack of knowledge on genetically modified food's Nutritional and Health characteristics leads consumers to conclude that they are not food protection and therefore contributes to the need for GMO testing and labeling.
• The largest proportion of the food safety research industry is in the European market. In the past few years, several food safety concerns have been reported in European countries. As a result, strict policies to enforce full public food security have been controlled.
• In July 2018, LABORATORIOS ECOSUR S.A. has been bought by Eurofins. (Spain), one of Spain’s leading food testing providers. The acquisition greatly increased the presence of the company in Spain.
• Key players in the market include SGS S.A., Romer Labs Division Holding GmbH, Intertek Group plc, Bureau Veritas SA, Covance Inc., Eurofins Scientific SE, Merieux NutriSciences, NSF International, Microbac Laboratories, Inc., and Nova Biologicals, Inc.,, among others.

Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Food Safety Testing System Market on the basis of Test, Application, and region:

• Test Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
o Allergen Testing
o Chemical & Nutritional
o Genetically Modified Organism (GMO)
o Microbiological
o Residues & Contamination
o Others
• Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
o Meat, Poultry, & Seafood Products
o Dairy & Dairy Products
o Processed Food
o Beverages
o Cereals & Grains
o Others
Regional Segmentation:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Global Food Safety Testing System Market Report – Key Takeaways:

• The latest research report analyzes the changing competitive scenario.
• The report carries an unbiased perspective towards the global market performance.
• The study presents an eight-year assessment of the global market and its principal product segments.
• Market dynamics, such as drivers, opportunities, restraints, and threats, have been discussed in the report in detail.
• The analytical data and strategic planning methodologies are expected to aid businesses in decision-making
• The report serves as an exhaustive regional analysis of the global Food Safety Testing System market, systematically presenting the business profiles of various stakeholders.
• Furthermore, the report provides valuable data about the critical factors influencing market progress.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Food Safety Testing System Market Segmentation & Impact Analysis
4.1. Food Safety Testing System Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growth in demand for convenience and packaged food products
4.2.2.2. Increase in outbreaks of chemical contamination in food processing industries
4.2.3. Market restraints analysis
4.2.3.1. Industry Challenges
4.2.3.2. Lack of skilled labor during COVID-19
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Food Safety Testing System Market By Test Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Test Dynamics & Market Share, 2019 & 2027
5.1.1. Allergen Testing
5.1.2. Chemical & Nutritional
5.1.3. Genetically Modified Organism (GMO)
5.1.4. Microbiological
5.1.5. Residues & Contamination
5.1.6. Others

READ MORE…!

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