DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Food Safety Testing Market- Growth, Trends and Forecasts (2016 - 2021)" report to their offering.
The growing foodborne illnesses have put pressure on the food safety testing market, globally, to ensure that the products are safe to consume. The compliances required by various food regulatory bodies has led to a competitive scenario within the international laboratories.
The global food safety testing market is expected to grow at a CAGR of 7.5-8 % during the forecast period of 2016-2021. Food supply, worldwide, is under constant threat, and there is a growing demand for practical test products that can ensure food safety. Microbial pathogens such as bacteria, viruses, environmental toxins, food allergens and adulterants, residues of drugs and agricultural chemicals can harm consumers, if unchecked. Major causes that result in food contamination include inadequacy in treating and processing the food to destroy contaminants and other impurities, improper handling of food and contaminated input food materials.
By geography, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Africa. North America constitutes the largest food safety testing market, cornering an estimated share of about 38%, in 2015. Regarding growth, the Asia-Pacific market for food safety testing is likely to record the fastest compounded annual rate of nearly 10%, primarily driven by the increase in testing procedures from the potential regions of China and India.
Some of the major players capturing the food testing market include:
- SGS S.A.
- Intertek Group PLC
- Bureau Veritas S.A.
- ALS Limited
- Eurofins Scientific
- DTS Laboratories
- Recent Industry Insights
2. Research Approach and Methodology
3. KEY FINDINGS
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/b6znch/global_food