New Report Available: Food Diagnostics Systems Market - Global Trends & Forecast to 2018

Fast Market Research recommends "Food Diagnostics Systems Market - Global Trends & Forecast To 2018" from Markets and Markets, now available

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Boston, MA -- (SBWire) -- 04/30/2014 --Food Diagnostics Systems Market [By Type (Hybridization, Chromatography, Spectrometry, Biosensor, Immunoassay, Testing Kit)], Consumables Market [By Type (Reagents, Disinfectants, Test Accessories)] & By Geography - Global Trends & Forecast To 2018

The food diagnostics market size is projected to increase with rising concerns over food quality and safety, and the implementation of stringent regulations on food safety and foodborne illness prevention. Globalization of food trade has further extended the scope for the food diagnostics market. The emerging markets with increasing demand for food testing are estimated to generate potential opportunities in the market.

The food diagnostics market was sub-segmented into diagnostic systems and consumables. Both, the diagnostic systems and consumables markets were segmented based on their respective types and geography.

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The food diagnostic systems include hybridization-based systems such as PCR, gene amplifiers, microarrays, and sequencers; chromatography-based systems such as gas chromatography (GC), liquid chromatography (LC), and high-pressure liquid chromatography (HPLC); spectrometry-based systems such as mass spectrometry (MS); biosensors; immunoassay-based systems such as ELISA; and test kits. Food diagnostic systems are used to analyze food samples to determine their nutritional content, quality, and to detect the presence of contaminants in the samples. The food diagnostic consumables include reagents essential for performing the tests, disinfectants, and test accessories such as syringes, pipettes, among others.

FIGURE 1

FOOD DIAGNOSTIC SYSTEMS MARKET SIZE, BY GEOGRAPHY,
2013 VS. 2019 ($MILLION)

p - Projected
Source: MarketsandMarkets Analysis

The North American market was estimated as the largest food diagnostic systems market in 2013. The Asia-Pacific market is estimated to grow at the highest CAGR with emerging markets in the region and increasing demand for food safety and quality. The European market is driven by the stringent food safety and disease prevention regulations.

FIGURE 2

FOOD DIAGNOSTIC CONSUMABLES MARKET SIZE, BY TYPE,
2013 VS. 2019 ($MILLION)

p - Projected
Source: MarketsandMarkets Analysis

The reagents market was estimated as the largest food diagnostic consumables market in 2013. The markets for disinfectants and reagents are estimated to grow with the increasing demand for food testing.

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