Global food safety testing market is projected to display a robust growth represented by a CAGR of 7.31% during 2016 – 2021

Date: 4 January 2017

Over the recent years, the food safety testing industry has shown tremendous growth as food safety is a global issue and it involves everyone in the food supply chain. Globally, the growth in the food safety testing industry is driven by increase in global food trade, high number of food recalls resulting in huge financial losses of food and food related companies, stricter government regulations to ensure safety of food and high prevalence of food borne epidemics. 

According to Azoth Analytics research report, “GlobalFood Safety Testing Market - By Technology, By Contaminant, By Food Tested, ByRegion, By Country: Opportunities and Forecasts (2016-2021) – (By Technology –Rapid, Traditional; By Contaminant – Pathogens, Pesticides, GMO, Toxins, OtherContaminants; By Food Tested – Meat & Poultry, Dairy Products, ProcessedFood, Fruits & Vegetables, Other Food Products; By Region - North America,Europe, APAC, ROW; By Country - US, Canada, Mexico, UK, Germany, Spain, Japan,China, India, Brazil, South Africa)”, global market is projected to display a robust growth represented by a CAGR of 7.31% during 2016 – 2021, largely driven by increase in demand of food safety testing labs to check the safety of food at various stages of processing and food supply chain. The rapid testing technologies such as PCR and ELISA are going to dominate the food safety testing market in future as they provide fast, reliable and cost efficient results.

Among the contaminants, pathogen segment dominates the food testing industry and will continue to hold the major share in future but GMO is going to be the fastest growing segment. In the food tested, meat & poultry is the most tested food product. Among the regions, APAC is predicted to advance at the highest rate, mainly driven by increase in focus towards food safety, growing awareness among consumer and modernization of food safety testing labs.

The report titled “GlobalFood Safety Testing Market - By Technology, By Contaminant, By Food Tested, ByRegion, By Country: Opportunities and Forecasts (2016-2021) – (By Technology –Rapid, Traditional; By Contaminant – Pathogens, Pesticides, GMO, Toxins, OtherContaminants; By Food Tested – Meat & Poultry, Dairy Products, ProcessedFood, Fruits & Vegetables, Other Food Products; By Region - North America,Europe, APAC, ROW; By Country - US, Canada, Mexico, UK, Germany, Spain, Japan,China, India, Brazil, South Africa)" has covered and analysed the potential of Global Food Safety Testing Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global chemical distribution market. Additionally, the report also highlights market entry strategies for various companies across the globe.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Food Safety Testing Market on the basis of Technology (Rapid and Traditional), By Contaminant (Pathogens, Pesticides, GMO, Toxins and Others), By Food Tested (Meat & Poultry, Dairy Products, Processed Food, Fruits & Vegetables and others) By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, Mexico, U.K., Germany, Spain, China, India, Japan, Brazil and South Africa).

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