Global Food Safety Testing Market Forecast to Reach US$ 1304.5 Mn by 2025: Transparency Market Research

Transparency Market Research has published a new market report titled “Food Safety Testing Market by Contaminants (Pathogens, Genetically Modified Organisms, Chemicals and Toxins, And Others), by End-use (Food, Agriculture and Environment) and by Technology (q-PCR and d-PCR) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025.”According to the report, the food safety testing market was valued at US$ 608.3 Mn in 2016 and is forecast to surpass US$ 1304.5 Mn by 2025, registering a CAGR of 8.9% between 2017 and 2025.

An exhaustive analysis and geographic assessment demonstrates that the global food safety testing market is attributed to the recent developments of food safety regulating and rising incidence of food contamination, which in turn shaping the market and demand for parenteral products far surpasses production. Europe is the prominent region and holds largest market position in the food safety testing market, due to stringent regulation for food trade internationally.

While, Europe stands the top position in the food safety testing market, the highest growth rates is expected to be in APAC region. APAC market is expected to grow at a maximum CAGR of 8.6% which is attributed to the growing food trade and consumption in this region driving growth of the market. Furthermore, companies are focusing on making major investments in R&D which is further driving growth of the food safety testing sector in the region.

Browse the full report at:http://www.transparencymarketresearch.com/food-safety-products-market.html

The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the global food safety testing market are Bio-Rad Laboratories, Inc., Intertek Group Plc, SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited. Laboratory Corp. of America Holdings, AsureQuality Limited, Bureau Veritas SA, and Scientific Analysis Laboratories Limited

The market has been segmented as below:

Global Food Safety Testing market – By Contaminants

  • Pathogens

    • Bacteria
    • Viruses
    • Fungus
    • Others
  • Genetically Modified Organisms

  • Chemicals and toxins

  • Others

Global Food Safety Testing market – By End-use

  • Food

    • Snack Foods
    • Meat, Poultry & Sea Food
    • Dairy Products
    • Bakery & Confectionery
    • Fresh & Frozen Fruits & Vegetables
    • Frozen Foods
    • Others
  • Agriculture

    • Crops
    • Seeds
  • Environment

    • Water Testing
    • Pesticide & Residue Analysis
    • Soil Testing

 

Global Food Safety Testing market – By Technology

  • q-PCR-Based Testing

  • d-PCR-Based Testing

Global Food Safety Testing market – By Region

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa (MEA)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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