DUBLIN--(BUSINESS WIRE)--The "Global Food Safety Testing Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Global food safety testing market is expected to reach USD 22,327.02 million by 2025. from USD 12,760.00 million in 2017, at a CAGR of 7.5% in the forecast period 2018 to 2025.
The major factors contributing to the growth of the market includes factors such as rising outbreak of food borne illness, stringent regulations imposed in food industry, increased globalization of food trade, advancements in technology, rising demand of convenience and packaged food products and augmented incidences of outbreaks of chemical contamination in food processing. On the other hand, lack of infrastructure for food control may hinder the growth of the market.
The global food safety testing market is segmented based on testing type into five notable segments; pathogens, pesticides, GMO, toxins and others. Pathogens are sub segmented into E.coli, Salmonella, Campylobacter, Listeria and others. In 2018, pathogen segment is estimated to rule with 70.8% shares and will cross USD 15,788.68 million by 2025, rising at the CAGR of 7.5%. However, GMO is expected to grow at the highest CAGR of 8.2% in the forecast period, and is expected to reach USD 3,211.09 million in 2025.from USD 1,740.68 million in 2017.
- SGS SA
- Eurofins Scientific
- Bureau Veritas
- Bio-Rad Laboratories, Inc.
- ALS Limited
- Accugen Laboratories, Inc.
- ADPEN Laboratories Inc.
- Genetic ID NA, Inc
- Intertek Group plc
- Mrieux NutriSciences
- Microbac Laboratories, Inc.
- TV NORD GROUP
- TV SD
Key Topics Covered:
2 Market Segmentation
3 Market Overview
4 Executive Summary
5 Premium Insights
6 Global Food Safety Testing Market, By Testing Type
7 Global Food Safety Testing Market, By Technology
8 Global Food Safety Testing Market, By Food Categories
9 Global Food Safety Testing Market, By Contaminants
10 Global Food Safety Testing Market, By Geography
11 Global Food Safety Testing Market, Company Landscape
12 Company Profiles
13 Related Reports
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