Global Food Safety Testing Market 2021 Impact of Covid-19 on Key Players, Segmentation, Consumption, Demand, Growth, Opportunities and Forecast – 2027
North
America dominated the food safety testing market in 2018 owing to the high
incidence rate of food-borne diseases caused by Salmonella, E. coli, and
Listeria, among others. The US followed by Canada are among the lucrative
markets for manufacturers in the region. According to the CDC, Salmonella is a
significant pathogen causing food-borne illnesses in the country. The pathogen
can spread through contaminated eggs, food, and cut fruit. Similarly, E. coli
cases are caused by the consumption of contaminated ground beef, vegetables,
milk, and apple juice. The market in Asia-Pacific is anticipated to exhibit the
highest CAGR during the review period. China is the major food safety testing
market in the region due to the increasing emphasis on food safety. Other
factors such as stringent safety standards for meat processors and increasing
incidences of food contamination and food safety concerns are expected to drive
the growth of the food safety testing market in the region.
Competitive Analysis
Market Research Future recognizes SGS SA (Switzerland), Microbac Laboratories, Inc. (US), Eurofins
Scientific (Luxembourg), Bureau Veritas (US), Intertek Group plc (UK), ALS
Limited (Australia), AsureQuality Ltd. (New Zealand), Neogen Corporation (US),
TÜV SÜD (Germany), and ADPEN Laboratories Inc. (US) as the Key Players in the
Global Food Safety Testing Market.
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Segmental
Analysis
By contaminant, the market has been divided into pathogens,
pesticides, toxins, GMOs, and others. The pathogens is further bifurcated into
salmonella, e.coli, listeri, campylobacter, and others. The pathogens segment
accounted for the maximum market share in 2018, whereas, GMOs segment is
expected to register the highest CAGR of 7.5% during the forecast period. The
fast-growing market has led to the introduction of various new technologies to
identify GMOs. Food testing laboratories are focused on efficient strategies,
such as using multiplex protein and DNA screening, which ensure a higher degree
of specific identification and quantification. An increase in consumer
attention toward GMOs in food is expected to drive the growth of the segment.
Based on technology, the global food safety testing market has been classified as traditional and rapid.
The rapid segment is further sub-segmented as PCR-based testing,
convenience-based testing, immunoassay-based testing, and others. The rapid
segment accounted for the larger market share in 2018 in terms of value. The
growth can be attributed to the increased adoption of rapid testing kits by
food manufacturers and food testing laboratories. The market is expected to
grow with increasing opportunities such as on-site testing services provided by
technology providers and quick and accurate technology for food testing.
Based on food type, the global food safety testing market has
been classified as dairy products, meat, poultry, & seafood products,
processed food, cereals & grains, fruits & vegetables, and others. The
meat, poultry, & seafood products segment accounted for the larger market
share in 2018 in terms of value. The hygienic conditions of slaughterhouses or
processing plants and the water used to clean meat or carcasses are the key
factors affecting bacterial contamination. Small slaughterhouses do not have
advanced equipment, increasing the risk of contamination. At modern large-scale
slaughterhouses, the use of specialized equipment and standard procedures help
minimize contamination.
Regional Analysis
Geographically, the global food safety testing
market has been categorized as Europe, Asia-Pacific, North America, and the
rest of the world. As per MRFR analysis, North America accounted for the
largest share in 2018. Europe Food Safety Testing market accounted for the
second-largest market share in 2018. Asia-Pacific is projected to register the
highest CAGR of 8.0% during the forecast period.
NOTE:
Our Team of Researchers are Studying Covid19 and its Impact on Various Industry
Verticals and wherever required we will be considering Covid19 Footprints for
Better Analysis of Market and Industries. Cordially get in Touch for More
Details.
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