Global Food safety testing Market, 2015 – 2021
Global food safety testing market was valued at USD 4.8 billion in 2015, is expected to reach USD 8.04 billion in 2021, growing at a CAGR of 7.8% during 2016 and 2021.
Global food safety testing market was valued at USD 4.8 billion in 2015, is expected to reach USD 8.04 billion in 2021, growing at a CAGR of 7.8% during 2016 and 2021.
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Published By: Zion <strong>Market</strong> Research<br />
<strong>Food</strong> Safety Testing <strong>Market</strong> Set for Rapid Growth<br />
to Reach Around USD 8.04 Billion in <strong>2021</strong><br />
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<strong>Food</strong> <strong>safety</strong> <strong>testing</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research has published a new report titled “<strong>Food</strong> <strong>safety</strong> <strong>testing</strong> <strong>Market</strong><br />
(traditional and rapid) by Technology, (pathogens, toxins, GMOs, pesticides and<br />
others) by contaminant, (meat & poultry, dairy, process food, fruit & vegetables and<br />
others) by Application <strong>–</strong> <strong>Global</strong> Industry Perspective, Comprehensive Analysis and<br />
Forecast, <strong>2015</strong> <strong>–</strong> <strong>2021</strong>” According to the report, global demand for food <strong>safety</strong> <strong>testing</strong><br />
market was valued at USD 4.8 billion in <strong>2015</strong>, is expected to reach USD 8.04 billion in <strong>2021</strong> and<br />
is anticipated to grow at a CAGR of 7.8% between 2016 and <strong>2021</strong>.<br />
<strong>Global</strong>ly, food <strong>safety</strong> is a major concern for consumers due to the constant threat of foodborne<br />
illness. <strong>Food</strong> <strong>safety</strong> <strong>testing</strong> is necessary to achieve a certificate of analysis of raw food products<br />
and ready to eat foods at several stages of food processing. Customers are provided with food<br />
<strong>safety</strong> labels on food products to ensure quality and <strong>safety</strong> of products.<br />
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<strong>Food</strong> <strong>safety</strong> <strong>testing</strong> <strong>Market</strong><br />
The global food <strong>safety</strong> <strong>testing</strong> market has been presenting tremendous growth with increasing<br />
foodborne illness worldwide. The market growth is driven by growing consumer awareness<br />
associated with food <strong>safety</strong> matters. Worldwide all regions experiencing food disease epidemic<br />
cases, the due occurrence of microbial pathogens and chemical contaminant. The key market<br />
players are experiencing escalating demand for food <strong>safety</strong> <strong>testing</strong> owing health issues and<br />
increasing awareness amongst customers.<br />
The food <strong>safety</strong> <strong>testing</strong> market is segmented based on technology, contaminant, application,<br />
and by region. Different technologies used for <strong>testing</strong> food <strong>safety</strong> include traditional technologies<br />
and rapid technologies. Due to some limitations of traditional food <strong>safety</strong> methods, rapid food<br />
<strong>testing</strong> technology accounted for a significant share of <strong>2015</strong> market. The pathogen is a leading<br />
contaminant segment in food <strong>safety</strong> market. Furthermore, GMO <strong>testing</strong> segment is expected to<br />
fastest growing segment over the forecast period. The key application covered in this study<br />
includes Meat & poultry, dairy, process food, Fruit & vegetables, and others. Among all, meat &<br />
poultry were the largest application segments that accounted for a significant share of global<br />
food <strong>safety</strong> <strong>testing</strong> market in <strong>2015</strong> and are expected to be the fastest growing segment for the<br />
predicted coming years.<br />
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<strong>Food</strong> <strong>safety</strong> <strong>testing</strong> <strong>Market</strong><br />
Geographically, North America dominated the food <strong>safety</strong> <strong>testing</strong> market in <strong>2015</strong>. The biggest<br />
share of this region can be attributed to various factors such as increased prevalence of food<br />
disease and rising government regulations. Europe is one of the major players in the food <strong>safety</strong><br />
<strong>testing</strong> market due to increased awareness about government food <strong>safety</strong> policies in this region.<br />
Asia Pacific represents a region with a very large potential for food <strong>safety</strong> <strong>testing</strong> market due to<br />
increased emphasis on food securities in this regions.<br />
Biocontrol Systems Incorporated, 3M Company, Roka Bioscience, Bio-Rad Laboratories<br />
Incorporated, Agilent Technologies Incorporated, Douglas Scientific, IDDEX Laboratories INC,<br />
and Ecolab Incorporated are some of the leading profiles in the food <strong>safety</strong> <strong>testing</strong> market.<br />
Browse detail report with in-depth TOC @<br />
www.zionmarketresearch.com/report/food-<strong>safety</strong>-<strong>testing</strong>-market
<strong>Food</strong> <strong>safety</strong> <strong>testing</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT +49-322 210 92714<br />
Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.com Web: www.zionmarketresearch.com
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