Food safety testing are playing major role in the growth of the healthcare industry due to the growing consciousness towards the importance of digestive healthcare as these products provide various health benefits. Food safety testing is a process of examination of food products for chemicals, disease-causing organisms and other harmful materials. It is commonly targeted at three main food pollutants such as chemicals, pathogens and hereditarily adapted organisms. The report provides analysis of global food safety testing market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global food safety testing market is expected to grow at significant CAGR around 7.5% throughout the forecast period and reach around US$ 25 billion by 2026.
Escalating demand for healthy and nutritional food additives, increasing concerns about food safety, growing awareness regarding various health benefits, increasing geriatric population, ever-increasing healthcare costs, changing lifestyle patterns and ease of availability of various food safety testing techniques are some of the key factors that are fueling the food safety testing market growth across the globe. Food safety testing are playing major role in the growth of the healthcare industry due to the growing consciousness towards the importance of digestive healthcare as these products provide various health benefits. Increasing concerns about various health problems and ease of availability of various high quality food products in the market are some of the fundamental factors responsible for the rapid growth of food safety testing market globally. Furthermore, unhealthy food habits, inactive lifestyle, and rising consumer consciousness about the advantages offered by various seafood and meat food products are some of the key factors boosting the demand for meat and seafood products, thereby increasing the growth of the overall market. The increasing awareness about the health benefits offered by high quality food has been pouring the growth of the global market as consumers are ready to pay extra for improved health. Food safety testing also assist in the avoidance of oxidative harm related diseases such as cancer. Moreover, the significant increase in food expenditure in emerging economies is further fueling the market growth. However, lack of awareness towards the significance of a food testing may restrict the growth of the global food safety testing market during the forecast period.
Food Safety Testing Market By Contaminant
Food Safety Testing Market By Technology
Food Safety Testing Market By Food Type
Food safety testing Market, By Product:
Global Food safety testing Market, by Geography
The market research study on “Food Safety Testing Market (By Contaminant: Pathogens [Salmonella, Listeria, E. Coli, Campylobacter, Others], Pesticides, GMOs, Toxins, Others (Food allergens, chemical residue); By Technology: Traditional, Rapid [Convenience, PCR, Immunoassay, Others]; By Food Type: Residential buildings, Meat, poultry, & seafood, Dairy, Processed, Fruits & vegetables, Others (Cereals, raw food materials); By Product: Dairy Products, Bakery & Cereals, Non-Alcoholic Beverages, Supplements, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers detailed insights on global food safety testing market segments with market dynamics and their impact. The report provides insights on global food safety testing market by contaminant, technology, food type and major geographic regions. The report also covers basic technology development policies.
The global food safety testing market is characterized by the presence of experienced and established players. Some of the key players Eurofins Scientific, Bureau Veritas S.A., Neogen Corporation, Intertek Group PLC, SGS AG, Idexx Laboratories Inc. and Bio-Rad Laboratories.