The Global Food Safety Testing Market 2018: Opportunities & Challenges to 2023 - Pathogen-Testing Type Leads the Overall Market - ResearchAndMarkets.com

DUBLIN--()--The "Global Food Safety Testing Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global food safety testing market was valued at USD 11,122.53 million in 2016 and is further expected to witness a CAGR of 7.2% during the forecast period of 2018-2023.

Food supply and quality of food are under constant threat globally, and there is a growing demand for effective test products that can ensure food safety.

The practice of food safety testing has gained considerable significance over the past years, owing to growing incidences of food-borne illnesses and poisoning by contaminated food products. This necessitates the robust and effective system in place to ensure food security as well as food safety.

Key Highlights

  • Rising Healthcare Cost due to Lacunas in Food Safety Testing
  • Rising Consumer Awareness Amidst Food-borne Illness Incidences
  • Pathogen-Testing Type Leads the Overall Market
  • Asia-Pacific Poised at Highest Growth Rate

Notable Market Developments

  • February 2018: A mobile food-testing van was launched in Hyderabad. The van was sanctioned by the Food Safety and Standards Authority of India, as part of a Central government scheme, to maintain food safety and hygiene standards, mainly in eateries.
  • October 2016: SGS acquired AXYS Analytical Services Ltd. (AXYS), Sidney, British Columbia, Canada. AXYS analyses Persistent Organic Pollutants (POPs), Contaminants of Emerging Concerns (CECs) and the early development stages of the fast growing metabolomics business.

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • NSF Internatonal
  • SGS Group
  • Bureau Veritas
  • Eurofins Scientific
  • Intertek Group plc
  • Mrieux NutriSciences
  • TUV SUD
  • Ecolab Inc
  • ALS Limited
  • AsureQuality Limited
  • Bio-Rad Laboratories
  • Neogen Corporation

For more information about this report visit https://www.researchandmarkets.com/research/7f84pz/the_global_food?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Food Safety

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food Safety