Food Safety Testing Market Overview:
Food safety tests are done to ensure your product is edible using microbiological analysis. The global food safety testing market will be growing at a CAGR of 7.6% to reach $23.2 Billion by 2025 from $14.96 Billion in 2017 during 2019-2025. Implementation of stringent food safety regulations, increase in outbreaks of chemical contamination in food processing and manufacturing industries are major factors boosting the growth of the market. Lack of food control infrastructure resources and time-consuming testing methods are major restraints hindering the growth of the market. Emerging markets and increasing consumer awareness about food safety are major opportunities of the food safety testing market during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Food Safety Testing market statistics by application, food tested, technology and regions concerning the individual growth drivers, market trends and their contribution toward the Food Safety Testing market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Food Safety Testing Market Analysis
- Analysis and conclusions on the future Food Safety Testing market outlook.
Top-down and bottom-up approaches are used to validate the Food Safety Testing Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are
thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Food Safety Testing Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Food Safety Testing market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Food Safety Testing market segmentation is as follows:
BY APPLICATION
- Pathogens
- Coli
- Salmonella
- Campylobacter
- Listeria
- Other Pathogens
- Pesticides
- Regulatory Monitoring of Human Food
- GMO
- Approved GM Varieties and Traits in the US
- GM Varieties, By Crop
- GM Varieties, By Trait
- Toxins
- Others
BY FOOD TESTED
- Meat & Poultry
- Dairy Products
- Processed Food
- Fruits & Vegetables6
- Others
BY TECHNOLOGY
- Traditional
- Rapid
- Convenience-Based Assay
- PCR-Based Assay
- Immunoassay-Based
- Other Molecular-Based Tests
Geographical Analysis:
Food Safety Testing Market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging
nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Food Safety Testing Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Food Safety Testing Market Research Report Includes:
- An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Food Safety Testing market players, such as
- Intertek Group PLC
- Bureau Veritas S.A.
- SGS SA
- Eurofins Scientific
- TUV SUD AG
- Along with these companies, many other companies are considered in the report while analysing the Global Food Safety Testing competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
