In 2015, the value of the global food safety testing market over USD 4.8 billion. The global food safety testing market is projected to reach USD X.XX billion by 2022, growing with a CAGR of 7.5% to 8.0% from 2016 to 2021.The increase in food borne illnesses due to contaminants in the packaged food and beverages are expected to fuel the growth of global food safety testing market. Moreover, ever-increasing demand from the food industry for rapid testing technologies drives the market. The increase in consumption of convenience foods and beverages, consumer awareness about food safety and stringent regulations imposed by various governments are major factors in growth of the market.
The report segments the global food safety testing market by end use, testing types and region. As per the end use, the market is segmented into diary, fruits and vegetables, meat, poultry, processed foods and others. On the basis of testing types, the segments in the food safety market include adulteration testing, allergen testing, GMO Testing, pathogen testing, non-pathogen testing, nutritional labeling, pesticide testing, toxin testing and others.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. North American region holds the largest share in the global food safety testing market. Stringent regulations for food safety, expansion of GMO foods and the increasing contaminant illnesses are major factors contributing in growth of the market. Demand in UK and Germany drives the market in the European region. Contaminant and food borne diseases in UK drive the food industry to go for food safety testing technologies to aim for better quality.
The Asia- Pacific region is the fastest emerging market due to the factors such as increasing population, increasing demand for food products and increasing stringent regulations for food safety. China and India drive the Asia-Pacific region as awareness among consumers regarding the need for healthier foods has increased in these countries over the past few years. Moreover, the regulations related to food safety led to improvement in the hygiene standards in food processing industry and it pushed the industry to adopt advanced food safety testing techniques. Japan is expected to benefit from patents and innovations in the food safety testing obtained by its major players in the market.
The companies covered in the report include ALS Limited, Bureau Veritas S.A, Charles River Laboratories International Inc, Eurofins Scientific, Genetic ID NA Inc, Genon Laboratories Ltd, International Laboratory Services, Intertek Group Plc, Silliker Inc and TUV Rheinland Group.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of food safety testing globally as well as regionally. Moreover, the Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of food safety testing. Moreover, the study highlights current market trends and provides forecast from 2016 to 2021. We also have highlighted future trends in the food safety testing market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players.
Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the food safety testing market to understand the present and future trends in this market and formulate their strategies accordingly.
1.1 Report Description
1.2 Research Methods
1.3 Research Approaches
2. Executive Summary
3. Global Food Safety Testing Market Overview
3.2 Market Dynamics
3.3 Porter’s Five Forces Analysis
3.4 Growth Matrix Analysis
3.5 Competitive Landscape in the Food Safety Testing Market
4. Global Food Safety Testing Market Analysis, by End Use (USD Million) 2014 - 2021
4.2 Fruits and vegetables
4.5 Processed foods
5. Global Food Safety Testing Market Analysis, by Testing Types (USD Million) 2014 - 2021
5.1 Adulteration testing
5.2 Allergen testing
5.3 GMO testing Pesticides
5.4 Non-pathogen testing
5.5 Nutritional labelling
5.6 Pathogen testing
5.7 Pesticide testing
5.8 Toxin testing
6. Global Food Safety Testing Market Analysis, by Region (USD Million) 2014 - 2021
6.1 North America
6.1.1 North America Food Safety Testing Market by End Use (USD Million)
6.1.2 North America Food Safety Testing Market by Testing Types (USD Million)
6.2.1 Europe Food Safety Testing Market by End Use (USD Million)
6.2.2 Europe Food Safety Testing Market by Testing Types (USD Million)
6.3.1 Asia-Pacific Food Safety Testing Market by End Use (USD Million)
6.3.2 Asia-Pacific Food Safety Testing Market by Testing Types (USD Million)
6.4 Rest of the World (RoW)
6.4.1 RoW Food Safety Testing Market by End Use (USD Million)
6.4.2 RoW Food Safety Testing Market by Testing Types (USD Million)
7. Company Profiles
7.1 ALS Limited
7.2 Bureau Veritas S.A
7.3 Charles River Laboratories International Inc
7.4 Eurofins Scientific
7.5 Genetic ID NA Inc
7.6 Genon Laboratories Ltd
7.7 International Laboratory Services
7.8 Intertek Group Plc
7.9 Silliker Inc
7.10 TUV Rheinland Group