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Sep 25, 2020 (AmericaNewsHour) —
Market Overview:
The global Food Safety Testing market was valued at USD 3.80 billion in 2016 and is projected to reach USD 7.29 billion by 2025, growing at a CAGR of 7.5% from 2017 to 2025.
Food contamination as a trend is increasing rapidly. The faults in existing food checking infrastructure are responsible for these problems. With rising consumer awareness regarding quality of food consumed the usage of Food Safety Testing services is expected to grow rapidly.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Global increase in outbreaks of foodborne illnesses
1.2 Rising instances of chemical contamination of food products
2. Market Restraints
2.1 Lack of food control infrastructure in developing countries
Market Segmentation:
The global Food Safety Testingmarket is segmented on the target tested, technology, product,and region.
1. By Target Tested:
1.1 Pathogens
1.1.1 E.Coli
1.1.2 Salmonella
1.1.3 Campylobacter
1.1.4 Listeria
1.1.5 Others
1.2 Pesticides
1.3 GMO’s
1.4 Toxins
1.5 Others
2. By Technology:
2.1 Traditional
2.2 Rapid
2.2.1 Convenience Based
2.2.2 Immunoassay
2.2.3 Polymerase Chain Reaction (PCR)
2.2.4 Chromatography and Spectrometry
3. By Product:
3.1 Infant Food
3.2 Yogurt
3.3 Milk and Milk Powder
3.4 Cheese, Butter and Spreads
3.5 Ice Cream and Desserts
3.6 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. SGS
2. Eurofins
3. Intertek
4. Bureau Veritas
5. TUV SUD
6. ALS Limited
7. TUV Nord Group
8. Laboratory Corporation of America Holdings
9. MerieuxNutrisciences
10. Genetic ID NA
11. Asurequality
12. Microbac Laboratories
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Food Safety Testingmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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The post Updates On Food Safety Testing Market With Impact of COVID-19, Top Companies, Emerging Trends, Demand Analysis, Future Opportunity Outlook 2025 appeared first on America News Hour.
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