Market Report, "Impact Analysis: China Food Safety Testing Market & Regulations", Published
The food safety testing market is projected to reach USD 791.5 million by 2020, growing at a CAGR of 9.9% from 2015 to 2020. The market is driven by factors such as an increase in the outbreak of foodborne illnesses, the implementation of stringent food safety regulations, and the growing demand & supply of food products in China. The need for rapid results has resulted in a higher market growth rate for rapid technology.
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