Global Food Testing Kits Market Report 2018-2022 Forecast to Grow at a CAGR of 7.2% - ResearchAndMarkets.com

DUBLIN--()--The "Food Testing Kits Market by Target Tested (Pathogens, Meat Species, GMOs, Allergens, Mycotoxins), Technology (PCR, Immunoassay & Enzyme Substrate based), Sample (Meat, Packaged Food, Cereals, Grains, Dairy & Nuts) & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The global food testing kits market is estimated to be valued at USD 1.68 billion in 2017 and is projected to reach a value of USD 2.38 billion by 2022, growing at a CAGR of 7.2%.

The food testing kits market is driven by the increasing inclination of customers toward faster and reliable test results and implementation of strict food safety regulations due to the increase in the number of foodborne illnesses in developed countries. The growth in the market is also fueled by the globalization of food trade and growth in preference for on-site testing.

The pathogen segment accounted for a significant share in the food testing kits market in 2016. Increase in incidences of foodborne illnesses caused due to pathogens in developed as well as developing countries is one of the major factor responsible for the large market share of pathogen segment.

The large market share of this segment can be attributed to its technology being used for screening of multiple targets such as pathogens, meat speciation, GMOs, allergens, pesticides, mycotoxins, and other residues. Also, it one of the most cost-efficient technology and provides rapid test results.

North America dominated the food testing kits market with a significant share and its market growth is mainly driven by the US, as the country has a large prevalence of allergic population; moreover, it is a large producer, importer, and exporter of different types of meat, food products, and a producer of various crops. Stringent regulations implemented in the region by regulatory authorities also form one of the driving factors for the significant share of this region in the food testing kits market.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Regulations

7 Food Testing Kits Market, by Sample

8 Food Testing Kits Market, by Technology

9 Food Testing Kits Market, by Target Tested

10 Food Testing Kits Market, by Region

11 Competitive Landscape

12 Company Profiles

  • Agilent
  • Bio-Rad
  • Biomrieux
  • Envirologix
  • Eurofins
  • IFP Institut Fur Produktqualitt
  • Millipore Sigma
  • Neogen
  • Perkinelmer
  • Qiagen
  • Romer Labs
  • Thermo Fisher

For more information about this report visit https://www.researchandmarkets.com/research/vn6xbx/global_food?w=4

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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