Report Ocean conducted research on the global Food Safety Testing market, some important discoveries were made. First, the market is expanding steadily, and over the coming years, demand is expected to rise. Second, there is a lot of market competition, yet only a few major businesses control the sector. Last but not least, there are numerous chances for market innovation and improvement, notably in terms of product offerings and marketing tactics.
The key factors to grow food safety testing market are growing incidences of food-borne illnesses and poisoning by contaminated food products. In addition, growing consumer awareness regarding the safety of food has also been driving the market for food safety testing.
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Food safety testing is referred to the inspection of food products for disease-causing organisms, chemicals, and other hazardous materials. Food testing also involves validation of food product contents as indicated on the labels. Food safety testing has been important factor for maintaining quality of food in terms of ingredients, taste and appearance Contaminants and chemicals which may make an entry at any stage of the food and food products value chain from manufacture till it reaches the consumers, are the main cause of food poisoning, owing to which there is an increased necessity to test such contaminants present in the food and food products.
The Global Food Safety Testing Market is expected to grow with aCAGR over 7.5%, forecast period, 2018 to 2025.
Growing incidences of food-borne illnesses and poisoning by contaminated food products & growing consumer awareness regarding the safety of food are the main drivers for the significant growth of global food safety testing market.
Implementation of various regulations on food safety, particularly by governments of the developed country, drives the growth of the global food safety testing market. Recycling of animal by-products, sale of goods past their use by date, the inclusion of harmful ingredients, and unsafe food handling processes are some of the major food fraud activities. In addition, there are rise in economically motivated adulterations (EMAs) due to high competition among food producers, which result in increase in instances of food debasement, such as adulterations, pesticides, artificial taste enhancers, and certifications, that mentioned factors will boost the growth of the food safety testing market. However, lack of food control infrastructure in the developing economies for e.g. India, complexity in testing techniques, and lack of government regulations are anticipated to hamper the growth of the market. Furthermore, increasing demand of fresh and appropriate forms of food products among consumers has led to the advent of food safety practices in the food industry.
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Scope of Report
Global Food Safety market is segmented on the basis of the by Target Tested, Technology, Food Tested and by Region. On the basis of Target Tested, the market is sub segmented in Pathogens, Pesticides, and GMOs. On the basis of Technology, market is segmented into Traditional and Rapid. On the basis of Food Tested, market is segmented into Meat, Poultry, Seafood, Dairy, Processed Foods, and Fruits & Vegetables. On the basis of Region, the market is analyzed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Food Safety Testing Market.
Competitive Dynamics:
Companies like SGS, Eurofins, Intertek, Bureau Veritas, Merieux, ALS Limited, TUV SuD, and TuV Nord Group, Microbac Laboratories, AsureQuality, FoodChain ID), Romer Labs, Symbio Laboratories and RJ Hill Laboratories are keys player in Global Food Safety Market.
Market Segmentation: Global Food Safety Testing
By Target Tested
, Pathogens
, Pesticides
, (GMOs)
By Technology
, Traditional
, rapid
By Food Tested
, Meat& Poultry
, Seafood,
, Fruits & Vegetables
In addition, the report gives detailed analysis of Global Food Safety Testing Market on the following Geographic basis:
, North America
, Europe
, Asia Pacific
, Latin America
, MEA
What are the key findings of the report?
?This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
?The report offers the current state of the market and future prospects for various geographical regions.
?This report provides both qualitative and quantitative information about the competitive landscape of the market.
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