Press release
Global Food Contaminant Testing Market Key Trends, Industry Opportunities and Forecast 2017-2021
key players in the global food contaminant testing market: Covance, Neogen, SGS, and Thermo Fisher ScientificOther Prominent Vendors in the market are: ALS, AsureQuality, Bio-Rad Laboratories, Dairy Technical Services, Eurofins Scientific, IDEXX Laboratories, Intertek Group, Microbac Laboratories, QIAGEN, and Silliker.
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The latest trend gaining momentum in the market is Increased adoption of nanotechnology in food industry. One of the latest trends that will gain traction in the food contaminant testing market in the coming years is the increase in use of nanotechnology owing to its wide-ranging benefits in the food industry. The application of nanotechnology to food and agriculture industries is relatively recent compared to its use in other industries.
According to the report, one of the major drivers for this market is Increasing number of consumer complaints and food recalls. Food recall is one of the biggest threats that impact the profitability of the food industry. It not only costs food company millions of dollars but also causes severe damage to its brand image. Increase in the number of consumer complaints and food recalls is therefore likely to propel the demand for food contaminant testing, thereby increasing the market growth.
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Further, the report states that one of the major factors hindering the growth of this market is Inappropriate sample preparation methodologies. The absence of appropriate sample preparation methodologies will be a major challenge for the food contaminant testing market. A major challenge in food testing is preparing the sample such that matrix interference is minimized. Matrix refers to molecules in the sample that are not targets and are present in such abundance that they drown out (or suppress) the weaker signal users are interested in (such as low-level contaminants).
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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