Globalization of Food Supply and Increasing Cases of Product Recalls Paved Way for Growth in Global Food Safety Testing Market, Asserts MRFR

Pune, India,  January 19, 2018/MRFR Press Release/- Market Research Future Published a Cooked Research “Global Food Safety Testing Market Research Report - Forecast to 2027” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2027

Global Food Safety Testing Market – Overview

Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Food Safety Testing Market Research Report- Forecast to 2027’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period. Food safety testing market holds huge growth potential in developed markets, particularly in the U.S. and European region.

Global food safety testing market has been showing worldwide dynamic growth with the growing concern for food contamination and foodborne illnesses. Owing to the consumer awareness related to the food safety testing and various regions have been experienced severe outbreaks of foodborne illnesses and toxicity has led to the growth of food safety testing market. Market players are experiencing an increasing demand for food safety testing due to the rising concern of products recall from food manufacturers and health issues from consumers and the government.

The global food safety testing market is gaining importance owing to the pervasiveness of foodborne diseases worldwide. Increased stringencies of food safety testing rules and regulations by the government of trading countries have also been pushing the growth of this market. Other driving factors include increasing globalization of food trade and development of rapid food safety testing techniques.

Food safety testing has been generally carried in meat and poultry products, processed foods, fruits and vegetables, dairy products and other foods such as cereals, raw materials, etc. Owing to the advancement of technology and greater significance of rapid technologies offering easy-to-use, efficient, and quick results has greatly enhanced their functionality and has resulted in smooth and efficient testing by using rapid technologies in the food industry. Along with the technology up gradation, stringent food safety testing regulations implemented to restrict the presence of pathogens or chemical contaminants that are responsible for outbreak of foodborne illness has also augmented the growth of food safety testing market.

Latest Industry Updates

April 2017, AMETEK, Inc. will acquire MOCON, Inc. and this will provides AMETEK the opportunities to expand into the growing food and pharmaceutical package testing market.

Global Food Safety Testing Market - Competitive Analysis

Food safety testing market offers huge growth opportunities for the industrial players. The market is fragmented and marked by the presence of several large and small scale vendors. Market players are pouring in million dollars for product innovation.  Improved functionality and better services remain the central focus of the companies. Market players focus on improvising its testing technology, strategize to expand by opening new laboratories and diversify into new analytical services market.

With manufacturers aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points from both supply and demand side. Industrial players are relying on strategic new product launch and acquisition to capture the growth opportunity. The key market players profiled in Food Safety Testing are Accugen Laboratories, ADpen Laboratories, ALS Limited, AsureQuality limited, Avomeen Analytical Services, BIO-RAD Laboratories, SGS SA, Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, TUV Süd AG, Asurequality Ltd, and Laboratory Corporation of America Holdings among many others.

Global Food Safety Testing Market – Segments

The global Food Safety Testing market has been divided into contaminants, testing methods, food types, and region.

On The Basis Of Contaminants: GMOs, Pathogens, Pesticides, Toxins, and Others

On The Basis of Testing Methods: Traditional methods, and Rapid testing methods

On The Basis of Food Types: Dairy & frozen desserts, Beverages, Oils & Fats, Fruits & Vegetables, Meat Products, and Others

On The Basis Of Region: North America, Europe, Asia Pacific, and RoW.

Global Food Safety Testing Market -

Regional Analysis

The global Food Safety Testing market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global Food Safety Testing market is highly dominated by North America followed by Europe. North America leads in food safety testing market due to the increase in outbreaks of foodborne illnesses and stringent well-established regulations pertaining to food safety. Asia-Pacific is expected to be the fastest growing market due to increasing food export and growing domestic demands along with its large market base for food & beverages, improved standards of living due to the rise in income levels, and increased awareness about food safety in the region. China is projected to be the fastest growing market in the Asia-Pacific region during the review period.