GLOBAL FOOD SAFETY TESTING MARKET IS EXPECTED TO GROW WITH A CAGR OF OVER 7.5% DURING FORECAST PERIOD, 2018- 2025
Published Date | 2019 February 2
The key factors to grow food safety testing market are growing incidences of food-borne illnesses and poisoning by contaminated food products. In addition, growing consumer awareness regarding the safety of food has also been driving the market for food safety testing. Food safety testing is referred to the inspection of food products for disease-causing organisms, chemicals, and other hazardous materials. Food testing also involves validation of food product contents as indicated on the labels. Food safety testing has been important factor for maintaining quality of food in terms of ingredients, taste and appearance Contaminants and chemicals which may make an entry at any stage of the food and food products value chain from manufacture till it reaches the consumers, are the main cause of food poisoning, owing to which there is an increased necessity to test such contaminants present in the food and food products. According to the recently published report by BlueWeave Consulting, The Global Food Safety Testing Market is expected to grow with a CAGR over 7.5%, forecast period, 2018 to 2025.
Growing incidences of food-borne illnesses and poisoning by contaminated food products & growing consumer awareness regarding the safety of food are the main drivers for the significant growth of global food safety testing market.
Implementation of various regulations on food safety, particularly by governments of the developed country, drives the growth of the global food safety testing market. Recycling of animal by-products, sale of goods past their use by date, the inclusion of harmful ingredients, and unsafe food handling processes are some of the major food fraud activities. In addition, there are rise in economically motivated adulterations (EMAs) due to high competition among food producers, which result in increase in instances of food debasement, such as adulterations, pesticides, artificial taste enhancers, and certifications, that mentioned factors will boost the growth of the food safety testing market. However, lack of food control infrastructure in the developing economies for e.g. India, complexity in testing techniques, and lack of government regulations are anticipated to hamper the growth of the market. Furthermore, increasing demand of fresh and appropriate forms of food products among consumers has led to the advent of food safety practices in the food industry.
Scope of Report
Global Food Safety market is segmented on the basis of the by Target Tested, Technology, Food Tested and by Region. On the basis of Target Tested, the market is sub segmented in Pathogens, Pesticides, and GMOs. On the basis of Technology, market is segmented into Traditional and Rapid. On the basis of Food Tested, market is segmented into Meat, Poultry, Seafood, Dairy, Processed Foods, and Fruits & Vegetables. On the basis of Region, the market is analyzed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Food Safety Testing Market.
Companies like SGS, Eurofins, Intertek, Bureau Veritas, Mérieux, ALS Limited, TUV SÜD, and TÜV Nord Group, Microbac Laboratories, AsureQuality, FoodChain ID), Romer Labs, Symbio Laboratories and RJ Hill Laboratories are keys player in Global Food Safety Market.
Market Segmentation: Global Food Safety Testing
By Target Tested
By Food Tested
- Meat& Poultry
- Fruits & Vegetables
In addition, the report gives detailed analysis of Global Food Safety Testing Market on the following Geographic basis:
- North America
- Asia Pacific
- Latin America
BlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer worldwide market research reports by analysing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining._text