In 2017, the global Food Safety Testing market size was 12900 million US$ and it is expected to reach 23200 million US$ by the end of 2025, with a CAGR of 7.6% during 2018-2025.
New York, NY -- (SBWIRE) -- 07/24/2018 -- Top key vendors in Food Safety Testing Market include are SGS SA, Eurofins Scientific, Intertek Group, Bureau Veritas, ALS Limited, Merieux NutriSciences, TV SD, TV Nord Group, AsureQuality, Microbac Laboratories, Genetic ID NA, Laboratory Corporation of America Holdings.
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Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Food Safety Testing industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Food Safety Testing industry.
The rapid segment is estimated to account for the larger share in the food safety testing market, in terms of value, in 2017. Multifunctional testing options that offer time-efficient and flexible testing to its end users form a key driver fueling the growth of rapid technologies.
The pathogen segment is estimated to account for the largest market share in the food safety testing market in 2017. Salmonella, E. coli, Listeria, and Campylobacter are the major pathogens responsible for food contamination and toxicity. They account for major contaminants found in food and account for major number of food safety testing. Increasing incidences of foodborne illness, globally, due to pathogen outbreaks is driving the pathogen segment.
A quick look at the industry trends and opportunities
The researchers find out why sales of Food Safety Testing are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2018 to 2025. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Food Safety Testing industry.
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On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Meat & poultry
- Dairy
- Processed foods
- Fruits & vegetables
- Others (cereals & grains)
On the basis of product, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into
- Traditional
- Rapid
Region wise performance of the Food Safety Testing industry
This report studies the global Food Safety Testing market status and forecast, categorizes the global Food Safety Testing market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Key points from TOC
3 Company (Top Players) Profiles
3.1 SGS SA
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Food Safety Testing Revenue (Million USD) (2013-2018)
3.2 Eurofins Scientific
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Food Safety Testing Revenue (Million USD) (2013-2018)
3.3 Intertek Group
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Food Safety Testing Revenue (Million USD) (2013-2018)
Continue..
This Food Safety Testing market report holds answers to some important questions like:
- What is the status of the Food Safety Testing market that is segmented on the basis sale as well as types?
- Which segment will generate more revenue for the Food Safety Testing industry in the coming years?
- Who are the leading international Food Safety Testing brands? Which product is consumed more?
- Which countries are expected to grow at the fastest rate?
- Which factors have attributed to an increased sale worldwide?
- What is the present status of competitive development?
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