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Food Pathogen Detection Technology Market Overview, Top Trends, Industry Insights, Segmentation, And Forecast To 2033
Food Pathogen Detection Technology Market Analysis
The Business Research Company presents an extensive market research report on the Food Pathogen Detection Technology Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The food pathogen detection technology market size has grown strongly in recent years. It will grow from $5.53 billion in 2023 to $5.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increase in global outbreaks of foodborne illnesses and globalization of food trade.
The food pathogen detection technology market size is expected to see strong growth in the next few years. It will grow to $8.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing adoption of advanced food pathogen detection technologies for rapid testing and increasing stringency of food safety regulations. Major trends in the forecast period include rising use of genetic testing methods for detecting food pathogens, growth in pathogen test volumes, increasing focus on listeria detection in food samples, rising consumption of food pathogen detection technologies by third-party testing laboratories and increasing mergers and acquisitions in the food pathogen detection technology market.
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Key Market Players:
Major companies operating in the fire detection equipment market report are Siemens AG, Johnson Controls, Carrier Global Corporation, Honeywell International, Robert Bosch, Schneider Electric, Hochiki Corporation, Assa Abloy, Securiton AG, Halma, Protec, Rubezh, Ajax, Pozhtechnika, SATEL, NAPCO Security Technologies, Encore Fire Protection, VEP Fire Systems, Kidde fire safety, Ras Al Khaimah Safety and Security System LLC, C.G. Technology L.L.C, Speed Fire & Safety Equipment L.L.C, A One Technology Fire Safety & Security Systems LLC, Eversafe Fire & Safety Equipment LLC, Alnahrain Security & Safety, Tyco, UTC, Viking, Fike Corporation.
Market Drivers:
An increase in the outbreak of foodborne illness across the world contributed to the growth of the food pathogen detection technology market. Foodborne diseases refer to any hazardous or infectious sickness obtained as a result of consuming contaminated water or food. For instance, in December 2022, according to the data released by the European Food Safety Authority (EFSA), an Italy-based government agency that provides independent scientific advice and communicates on existing and emerging risks, the number of foodborne outbreaks reached 4,005 in 2021 in European Union (EU), an increase of 29.8% from 2020. The upsurge in the occurrence of foodborne diseases among the global population increased the demand for food pathogen detection technology, thus driving the food pathogen detection technology market growth.
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https://www.thebusinessresearchcompany.com/report/food-pathogens-detection-technology-global-market-report
The food pathogen detection technology market covered in this report is segmented -
1) By Technology: Traditional Food Pathogen Detection Technology, Rapid Food Pathogen Detection Technology
2) By Type Of Product: Consumables, Equipment
3) By Food Type: Meat & Poultry, Dairy, Processed Food, Fruits & Vegetables, Cereals & Grains
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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