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Global Food Safety Testing Market Analysis
RNCOS E-Services Private Limited, Feb 2012, Pages: 60
In the past few years, food safety testing market has grown remarkably across the globe on back of regulatory developments, increasing private sector participation, and growing food borne illnesses. Stringent regulatory norms, particularly for pathogen testing, in the global food industry have boosted the food diagnostics sector. As per our latest estimations, the global food safety testing market is likely to witness an impressive growth in the coming years as almost every country in the world is adopting appropriate measures in this regard.
According to our new research report “Global Food Safety Testing Market Analysis”, number of food products recall has expanded considerably in the recent past as food safety measures are being adopted worldwide. Food safety testing, which examines food products for disease causing organisms, chemical residues and other hazardous material, is also gaining momentum due to supportive regulatory paradigm. Our report thoroughly studies regulatory environment in various developed and developing countries to present a balanced outlook of the industry.
During our study and analysis of current market trends and industrial developments, we found that pathogen testing and GMO testing are two most crucial market segments. While pathogen testing commands the majority share in the market, tests for salmonella and listeria dominate the segment in a significant manner. GMO testing, on the other hand, is being offered by many laboratories in the world, and PCR and ELISA are the most widely used methods.
An analysis of geographic segmentation pointed out that developed countries, such as the US, Europe, Japan and Canada are the most active market participants as they provide optimum resources to labs and researchers for investigating food contaminants so that new strategies could be adopted to tackle them. We observed that developing countries like India and China have also adopted innovative approaches in the recent times to broaden their food safety inspection programs. The insight into the competitive landscape has been provided in the comprehensive study to enable clients understand the market structure and its progress in near future.
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