Press release
Food Testing Services Market Size Estimated to Observe Significant Growth by 2031 | SGS SA, Intertek Group plc, Eurofins Scientific S.E., Thermo Fisher Scientific Inc.
New York, According to a new market research report published by Global Insight Services Food Testing Services Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Food testing services are third-party laboratories that analyze food samples to ensure they meet regulatory requirements and do not contain harmful contaminants. These services use a variety of analytical techniques, including microscopy, chromatography, and mass spectrometry, to identify and quantify foodborne pathogens, pesticide residues, and other contaminants. Food testing services play a critical role in protecting public health by ensuring the safety of the food supply.
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Key Trends
Some of the key trends in food testing services technology include the use of advanced analytical techniques, the development of rapid testing methods, and the use of automation.
Advanced analytical techniques such as mass spectrometry and nuclear magnetic resonance spectroscopy are becoming increasingly important in food testing. These techniques allow for the detection of extremely low levels of contaminants and the identification of unknown substances.
Rapid testing methods are also becoming more popular, as they allow for the rapid detection of contaminants in food. Automation is also playing an increasingly important role in food testing, as it reduces the need for manual labor and allows for the testing of large numbers of samples in a short period of time.
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Key Drivers
There are several key drivers of the food testing services market. One of the most important drivers is the increasing awareness of food safety and quality. With the rise of foodborne illnesses and outbreaks, consumers are becoming more aware of the importance of food safety. This has led to an increased demand for food testing services.
Another key driver is the stringent regulations regarding food safety and quality. In many countries, there are strict regulations regarding food safety and quality, and food manufacturers must comply with these regulations. This has led to an increased demand for food testing services, as manufacturers need to ensure that their products meet the required standards.
The third key driver is the increasing global trade of food. With the globalization of the food industry, there is an increasing demand for food testing services, as manufacturers need to ensure that their products meet the standards of the countries they are exporting to.
The fourth key driver is the increasing trend of private label food products. Private label food products are those that are produced by a manufacturer and sold under a retailer's own brand. This trend is increasing, as retailers are looking to offer their customers more choice and variety. This has led to an increased demand for food testing services, as manufacturers need to ensure that their products meet the standards of the retailers they are supplying.
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Market Segments
By Type
Pathogens
Salmonella
Campylobacter
Others
By Technology
Traditional
Rapid
Spectroscopy
Others
Key Player
The food testing services market report includes players such as SGS SA, Intertek Group plc, Eurofins Scientific S.E., Thermo Fisher Scientific Inc., ALS Limited , Bureau Veritas SA, TÜV SÜD AG, NEOGEN Corporation, FoodChain ID Group, Inc., and Microbac Laboratories, Inc.
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Reasons to buy Food Testing Services Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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