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Global Food Testing Kits Market Analysis By Major Manufacturers and Competitive landscape 2023-2032 | Agilent Technologies, Bio-Rad Laboratories Inc., BioMérieux, EnviroLogix Inc., Eurofins Scientific
Food Testing Kits Market Trends
The Business Research Company's Food Testing Kits Global Market Report 2023 identifies The rising cases of food-borne illness as the major driver for the food testing kits market's growth in the forecast period. The term food-borne illness is a condition induced by intake of contaminated food or drink. Food testing kits can be of great use to reduce the chances of ingesting contaminated food and hence, reducing food-borne illnesses.
The global food testing kits market size grew from $2.56 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food testing kits market size is expected to grow to $3.98 billion in 2027 at a CAGR of 9.3%.
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Major competitors in the food testing kits market are Agilent Technologies, Bio-Rad Laboratories Inc., BioMérieux, EnviroLogix Inc., Eurofins Scientific, Merck Millipore, Neogen Corporation, PerkinElmer Inc., Qiagen, Romer Labs Inc., Thermo Fisher Scientific, Danaher Corporation, Erber Group, DNA Diagnostic A/S, Elabscience, and Creative Diagnostics.
A key trend in the food testing kits market includes Technological advancements. For instance, in December 2020, Eurofins Technologies, a Hungary-based supplier of test kits and systems for laboratory analyses, launched the SENSIStrip Allergen product range. SENSIStrip Allergen kits are immunoassay-based, simple to use and rapid tests that need only a short incubation time. In terms of food matrices, rinse water, and machinery, this ensures adequate allergy management at various phases of the food manufacturing process.
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The food testing kits market is segmented -
• By Technology: PCR-based, Immunoassay-based, Enzyme Substrate-based
• By Target Tested: Pathogens, Meat Species, GMOs, Allergens, Mycotoxins, Other Target Tested
• By Sample: Meat, Poultry, And Seafood, Dairy Products, Packaged Food, Fruits and Vegetables, Cereals, Grains, and Pulses, Nuts, Seeds, and Spices, Other Samples
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the food testing kits market.
The Business Research Company's "Global Food Testing Kits Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Food Testing Kits Market Include:
1. Executive Summary
2. Food Testing Kits Market Characteristics
3. Food Testing Kits Market Trends And Strategies
4. Food Testing Kits Market - Macro Economic Scenario
5. Food Testing Kits Market Size And Growth
……………………….
26. Africa Food Testing Kits Market
27. Food Testing Kits Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Testing Kits Market
29. Food Testing Kits Market Future Outlook and Potential Analysis
30. Appendix
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