The Global Market for Food Safety Testing Services is Projected to Reach US$19 Billion by 2022

Concerns over Food Borne Illnesses & Strict Regulatory Guidelines Fuel Growth in the Global Food Safety Testing Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Food Safety Testing market. The global market for Food Safety Testing services is projected to reach US$19 billion by 2022, driven by the increasing focus on food quality; legislation of stringent government food safety regulations; advances in food testing technologies and commercial availability of rapid screening tests.

Food safety has become a major concern for public health systems across the globe. Over the years, there has been a steady increase in the incidence of foodborne illnesses and poisoning due to food contamination caused by improper handling, storage and processing. Rising incidence of food contamination have led consumers and governments to become vigilant about the safety and health of food products. Virtually every country has formulated and adopted stringent regulations aimed at ensuring safety and quality of food products. Growing concerns and awareness over the importance of food safety is fuelling demand for food safety testing services. Currently, an expanding range of food safety testing technologies is becoming available for assessing the quality and safety of foods all through the food supply chain.

Also driving growth in the market is the technological shift towards rapid microbial tests. With consumers demanding information about sourcing, processing and safety of foods, testing services have become essential for food manufacturers and distributors. Contamination of the food chain and the ensuing need for continuous monitoring for the presence of natural toxicants, mycotoxins and residues of unauthorized substances will benefit adoption of food testing services. The increasing adoption of protected agriculture and precision farming practices and globalization of food trade are driving focus on the development of new and improved food safety testing techniques. Rapid growth of food trade in developing nations and the need to comply with quality standards of importing nations are also driving demand for food safety testing services. Pathogen testing represents a large market supported by the inherently high risk of contamination of food by pathogenic microorganisms at every point in the food chain right from production conditions, farm environment, during processing, handling, preparation to cross-contamination by contact with other foods in the plant. This thereby warrants continuous design, implementation and validation of effective contamination prevention programs wherein food safety testing will play a pivotal role. Sustained demand for precise and efficient pathogen detection modalities capable of protecting the entire food supply chain is expected to foster growth in the pathogen testing market.

As stated by the new market research report on Food Safety Testing, Europe represents the largest market worldwide. Asia-Pacific is forecast to register the fastest CAGR of 8.5% over the analysis period led by growing population, escalating demand for food, strong emphasis on food security and safety in emerging markets such as China and India as important aspects of the right to food; increasing consumer awareness over healthy food options and the ensuing improvement in industrial hygiene standards in food processing; efforts of regulatory bodies to ensure safety of food products and manufacturers’ efforts aimed at preventing contamination of food products.

Major players covered in the report include ALS Limited, Bureau Veritas S.A., DTS Food Laboratories, Charles River Laboratories International Inc., Covance Inc., Eurofins Scientific, Genetic ID NA Inc., ifp Institut für Produktqualität GmbH, International Laboratory Services, Intertek Group PLC, Mérieux NutriSciences, Microbac Laboratories Inc., Neogen Corporation, Romer Labs Inc., and SGS SA, among others.

The research report titled “Food Safety Testing: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa and Latin America. The market is analyzed by Testing Type (Pathogen Testing, Pesticide Testing, GMO Testing and Other Testing), and End-Use Sector (Processed Food, Dairy, Meat and Others).


Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

Comments

  1. Thank you for the nice article here. Really nice and keep update to explore more gaming tips and ideas.

    Ad hoc Exploratory Testing

    Mobile Game QA

    Video Game QA

    ReplyDelete

Post a Comment

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022