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Food Safety Testing - Market Demand, Growth, Opportunities and Analysis of Top Key Player Forecast to 2025

Pune, India, 6th July 2018: WiseGuyReports announced addition of new report, titled “Global: Food Safety Testing Market –Research Report, By contaminants detection, By testing technology& By food types tested - Forecast to 2025”.

 

New York, NY -- (SBWIRE) -- 07/07/2018 -- The report delivers a detailed analysis of 10 years forecast between 2015 and 2025 and it is expected that Global Food Safety Testing market will register the CAGR of more than 7.2% during the forecast period.

Health awareness and health consciousness are the two major factors which are driving the food market. It is a human tendency to check the food before buying it. In the present era, food testing has become the necessity for every food product before placing it into the market. Basically, food testing is one of the technical method in which the food is manufactured, handled and stored to prevent it from the borne diseases. The food safety testing method is performed to check the quality of food helps in extracting the unwanted incidents of poisoning, toxicity and food borne illness. The Food and Drug Association (FDA) has made it mandatory to implement the food safety testing methods and the regulations are strictly implemented to avoid food poisoning and food contaminations.

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Moving ahead and considering at market share, North America is dominating the largest market with market share of around 38% globally and expected to grow with the CAGR of more than 7% in the forecasted period. Followed by North America, Europe is holding the second rank in terms of market share of more than 34% and is known for the second largest market of Food safety testing followed by the Asia-Pacific. Asia-Pacific is an emerging economy and the fastest growing market across the globe and has registered the CAGR of more than 8% and is expected to grow by 9.5% in the forecasted period.

As per the analysis, the Global Food Safety market was estimated at $XX million in the year 2015 and projected to reach to $XX million by the year 2025. The main objective by which the driving the market is desire for hunger which has created the opportunities for new companies in food industry segment. These companies are involving in developing the new products on regular basis which require the testing before placing it into the market.

Pathogens are known for the biggest food contaminant. Pathogens like, E. coli, salmonella and others are plays a vital role in the food contamination. In 2011, salmonella was responsible of about 20,000 hospitalizations and about 400 causalities only in the US due to food poising. Considering the market share of food safety testing by containment that it has been acknowledged that Pathogens holds more than XX% of market share followed by GMOs (Genetically Modified Organisms) with a market share of XX% and Pesticides, Toxins and others.

Moving forward, our research team has recognized the top players in food safety testing field and few of them such as Bureau Veritas, SGS SA, Cotecna Inspection SA, Intertek Group Plc, and others.

Also the report covers comprehensive analysis of industry overview of Food Safety Testing Market which mainly includes market drivers, restrains, opportunities, burning issues, winning imperatives on Global scale .

Food Safety Testing Market report also covers geographical analysis. This report has been segmented on the basis of contaminants detection such as Pathogens, GMOs, Pesticides, Toxins & Others, by testing technology which includes Tradition methods & Rapid testing method & by food types which includes Meat and poultry products, Dairy products, Fruit & Vegetables, processed foods & others.

The Food Safety Testing market research report provides detail analysis of market in terms of value market. The report also gives the future outlook of the market till 2024. Moreover, on whole region as well as market share in different countries. Lastly, the report provides company profiles of major players in the market.

Research Methodology
To calculate Food Safety Testing market size, we have considered top players in the market and to offer accuracy, our research is supported by industry experts who offer insight on industry structure and technology assessment, competitive landscape, penetration, emerging products and trends. Their analysis is based (80 to 85%) on primary& (15 to 20%) on secondary research as well as years of professional expertise in their respective industries. In addition to analyze current and historical trends, our analysts predict where the market is headed over the next five to ten years. It varies by segment for these categories geographically presented in the list of market tables. Top-down and bottom-up are important strategies of processing the information and knowledge ordering, used in a variety of fields including humanistic, software and scientific theories and management and organization. In practice, they can be seen as a style of thinking, teaching, or leadership.

Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO's, Marketing Director, Business Development Manager and many more) of the major players active in the market.

Scope of the Report
This market research report covers the Global Food Safety Testing Market research report which has been segment as

Contamination
Pathogens
Pesticides & others

Technology
Traditional methods
Rapid testing

Food types
Fruits & Vegetables
Meat & Poultry
Dairy & Others

Table of Content: Key Points
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. FOOD SAFETY TESTING MARKET: OVERVIEW
4. MARKET DYNAMICS
…Continued

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