Tag Archives: food control infrastructure

Food Safety Testing Market to Reach $15 B by 2019

The global food safety testing market is set to be driven by the worldwide increase in outbreaks of foodborne illness and implementation of more stringent food safety regulations, according to new market report that segments the data by Contaminant, Technology, Product Type and Region.

Foodborne illness arises mainly due to food contamination through improper handling, under-cooking, or improper food storage. An increase in the globalized food trade in recent years, increase in food inspection personnel to investigate outbreaks, and improvements in screening for and detecting contaminants in food imported from other countries are factors that impact the market. These reasons put a huge pressure on food companies to ensure food safety, which then led to the implementation of food safety management systems.

Today, food safety testing by manufacturers or distributors has become a necessity, and any failure on their part can result in an outbreak of food poisoning. Food safety testing can be performed on various food types to evaluate their toxicity levels through rapid or traditional methods. The rapid method includes PCR-based assay, immuno-based assay, and other convenience real-time kits for quick and better results.

FSTestingmarketFeb2015These factors are contributing to the growth of the global food safety testing market, driven by the worldwide increase in outbreaks of foodborne illness and implementation of stringent food safety regulations.

A new market report segments the food safety testing market by Contaminant (Pathogen, GMO, Toxin, Pesticide, Others), Technology (Traditional & Rapid), Food Type (Meat & Poultry, Dairy, Fruit & Vegetable, Convenience Food, Others) & Region.

The report projects that this market is projected to reach $15,040.7 million by 2019.

In 2013, the market was dominated by North America, followed by Europe. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period.

The food safety testing market is diversified and competitive, with a large number of players. Some of the key players in the market include SGS S.A. (Switzerland), Intertek Group Plc. (U.K.), Eurofins Scientific (Luxembourg), Silliker, Inc. (U.S.), and Bureau Veritas S.A. (France).

This report projects the market size, in terms of value ($million) and volume (million tests). It provides both qualitative and quantitative analyses of the food safety testing market, the competitive landscape, and the preferred development strategies of key players. Key players were observed to prefer new product launches & developments, agreements, partnerships & joint ventures, acquisitions, and expansions & investments as strategies to gain a larger share in the market. The report also analyzes the market dynamics, winning imperatives, and issues faced by the leading players.

The report also adds that a lack of food control infrastructure and testing laboratories in developing countries restrain the growth of the food safety testing market.

For more information on this report, click here.