Food Safety Testing - Global Market Outlook (2016-2022)

Food Safety Testing - Global Market Outlook (2016-2022)

  • Published: February 2017
  • ID: SMRC16301

According to Stratistics MRC, the Food Safety Testing Market is estimated at $11.4 billion in 2015 and is expected to reach $16.5 billion by 2022 growing at a CAGR of 5.4% from 2015 to 2022. Worldwide increase in outbreaks of foodborne illnesses, implementation of strict food safety regulations, availability of advanced technology and media influence on consumer awareness about food safety are some of the key factors influencing the market growth. In addition, increasing consumer awareness regarding safety of food has also been fueling the market for food safety in the past and this trend is expected to continue over the next five years. However, lack of food control infrastructure & resources in developing countries and lack of awareness about safety regulations among food manufacturers are some factors hindering the market growth.

Amongst Technology, rapid technology segment acquires the largest share of the food safety testing market. The importance of this technology is increasing which can be attributed to its quick and accurate results and ease of use. Asia-Pacific dominated the global market with highest CAGR during the forecast period. The growth in this region is due to diverse rules and regulations implemented by different countries in the region.

Some of the key players in this market include Abbott Laboratories, Intertek Group Plc, DuPont Nutrition and Health, Bureau Veritas S.A., Genon Laboratories Ltd, Applied Biosystems, Genevac Ltd, Eurofins Scientific, Silliker Inc., BioControl Systems Inc, SGS SA, ALS Limited, Microbac Laboratories, Inc., Asurequality Limited and Covance Inc.

Type of Foods Covered:
• Dairy 
• Beverages
• Meat and Poultry
• Convenience food
• Fruits and Vegetables   
• Processed Foods
• Other Food Types

Contaminants Covered:
• Pathogens  
o Campylobacter
o Salmonella
o Listeria
o E. Coli
o Other Pathogens
• Food Allergen
• Microbial
• Metal Contaminants
• Pesticides and Residues
• Toxins   
• Genetically Modified Organisms (GMOs)
• Other Contaminants

Technologies Covered:
• Rapid Technology  
o Convenience-Based Testing
o PCR-Based Testing
o Immunoassay-Based Testing
o Other Molecular-Based Tests
• Traditional Technology 
o Agar Culturing
• Biochips \ Bio sensors 
• Chromatography 
• Food Irradiation 
• Other Technologies 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain 
o Rest of Europe   
• Asia Pacific
o Japan      
o China      
o India      
o Australia      
o New Zealand     
o Rest of Asia Pacific   
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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