Press release
Food Safety Testing Market to Bolster the Revenue Growth US$ 36.4 Billion by 2030 with ADPEN Laboratories Inc., ALS Limited, AsureQuality Limited, Bio-Rad Laboratories Inc., Bureau Veritas
The global Food Safety Testing Market size reached US$ 21.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.4 Billion by 2030, exhibiting a growth rate (CAGR) of +9% during 2023-2030.Food testing refers to the process of analyzing food products for their chemical, physical, and microbiological properties, which encompasses various analytical techniques that guarantee food products are safe, nutritious, and of high quality. It is primarily used to detect harmful substances or pathogens present in food products, ensuring that they are safe for consumption, and ensuring that they meet regulatory and industry standards. Food testing ensures that food products are accurately labeled, including information about nutritional content, allergens, and country of origin. Food testing is used in research and development to develop new food products, improve existing ones, and evaluate new ingredients and technologies.
The Global Food Safety Testing Market report from Global Market Vision is the single authoritative source of intelligence on the Food Safety Testing Market. The report will provide you with an analysis of the impact of the latest market disruptions such as the Russia-Ukraine war and Covid-19 on the market. The report provides qualitative analysis of the market using various frameworks such as Porters and PESTLE analysis. The report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. The report also includes a 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.
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Top Key Players:
• ADPEN Laboratories Inc.
• ALS Limited
• AsureQuality Limited
• Bio-Rad Laboratories Inc.
• Bureau Veritas
• DNV AS (Stiftelsen Det Norske Veritas)
• Eurofins Scientific
• Intertek Group plc
• Mérieux NutriSciences
• NEOGEN Corporation
• NSF International
• SGS SA
• TÜV SÜD
The worldwide Food Safety Testing market study's market value and CAGR give helpful details about the current status and expected future expansion of the sector. Utilizing this data, businesses can spot growth prospects, evaluate possible risks, and create profitable business plans that for recent customer and market trends. By keeping up with the most recent shifts in the Food Safety Testing market, firms can position themselves for long-term profitable growth and achievement.
Food Safety Testing Market by Type
• Traditional
• Rapid
Food Safety Testing Market by Application:
• Meat & poultry
• Dairy
• Processed foods
• Fruits & vegetables
• Others (cereals & grains)
What to Expect from This Report On the Food Safety Testing Market
• You can make developmental plans for your business when you have information on the value of the production, cost of the production, value of the products, and more for the next five years.
• A detailed overview of regional distributions and the overview types of popular products in the Food Safety Testing Market.
• How do the major companies and mid-level manufacturers make a profit within the Food Safety Testing Market?
• Estimate the break-in for new players who want to enter the Food Safety Testing Market.
Research Methodology:
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.
Regional Coverage:
Rеgіоn-wіѕе ѕеgmеntаtіоn in the Global Food Safety Testing Market іnсludеѕ the claims to split the regional scope of the market, which among these regions has been touted to amass the largest market share over the anticipated duration
•North America (USA, Canada and Mexico)
•Europe (UK, Germany, France and the Rest of Europe)
•Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)
•South America (Brazil, Argentina and the Rest of South America)
•Middle East and Africa (GCC and Rest of the Middle East and Africa)
Important Points for Analysis:
• Market Players and Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin and Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Analysis: The report includes Global and Regional market status and outlook. Further, the report provides breakdown details about each region and country covered in the report. Identifying its sales, sales volume, and revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology.
• Porter Five Force Analysis: The report provides with the state of competition in the industry depends on five basic forces: the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitute products or services, and existing industry rivalry.
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The final report will add an analysis of the Impact of Covid-19 in this report Food Safety Testing Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Food Safety Testing Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Food Safety Testing Market is analyzed and depicted in the report.
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Sarah Ivans | Business Development
Phone: +1 617 297 8902
Email: sales@globalmarketvision.com
Global Market Vision
Website: www.globalmarketvision.com
About Global Market Vision
Global Market Vision consists of an ambitious team of young, experienced people who focus on the details and provide the information as per customer's needs. Information is vital in the business world, and we specialize in disseminating it. Our experts not only have in-depth expertise, but can also create a comprehensive report to help you develop your own business.
With our reports, you can make important tactical business decisions with the certainty that they are based on accurate and well-founded information. Our experts can dispel any concerns or doubts about our accuracy and help you differentiate between reliable and less reliable reports, reducing the risk of making decisions. We can make your decision-making process more precise and increase the probability of success of your goals.
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