Global Food Safety Testing Equipment And Consumable Market To Surpass USD 4,020 Million By 2024
Posted On September 14, 2018
Value Market Research has recently stated a new market analysis based on Global Food Safety Testing Equipment and Consumable. The Global Food Safety Testing Equipment and Consumable Market was valued USD 2,525.8 Million (by revenue) in 2017 and is anticipated to reach USD 4,020.0 Million by 2024 with a CAGR of 7.0%. Safety testing has become one of the main foundations of food chain value to ensure safety and quality of food products and eventually consumer health. Food testing is growing in number not only to test the safety attributes but also be assured of nutritional value present in the food. Products which are mainly monitored in the food safety testing include dairy and meat & poultry products since they are highly prone to the contaminant. These are followed by fruits and vegetables as these require a proper environment for storage post harvesting. The nutritional value and labeling on the food products have been prioritized recently.
The market is experiencing significant growth and offering a wide pool of opportunities for the manufacturers. The growth of the food safety testing equipment and consumable industry can be attributed to the rising awareness among consumer about the importance of food safety and quality. Rising incidence of food-borne illness along with the increasing cases of food scandals, mislabeling and adulteration is further boosting the demand for food safety testing equipment. Further, strict rules and regulation about the inspection and certification activities to enhance food analysis is again augmenting the industry growth.
The report "Global Food Safety Testing Equipment And Consumable Market Report By Type (Chromatography Systems, Mass Spectrometry Systems, PCR Equipment, Immunoassay Systems, Hybrid Systems, NMR Systems, and Flow Cytometry Systems), Contaminant Type (Microbiological Analysis, Allergens Analysis, Pesticides & Fertilizers, Drugs and Antibiotics, Natural Toxins Analysis, GMO Testing), Food Type (Milk & Dairy Products, Grains, Fruits & Vegetables, Processed Food, Meat & Poultry, Sea Food, Cereals & Nuts, Beverages) And By Regions - Industry Trends, Size, Share, Growth, Estimation, and Forecast, 2017-2024" - published by Value Market Research. segments the market based on type, contaminant type, food type, and region.
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By type, the market is divided into chromatography systems, mass spectrometry systems, PCR equipment, immunoassay systems, hybrid systems, NMR systems, and flow cytometry systems. Among which, Polymerase Chain Reaction (PCR) Equipment is leading the segment owing to rising need for detection of various microbes & pathogen present in a food sample. By contamination type, the market is segregated into microbiological analysis, allergens analysis, pesticides & fertilizers, drugs, and antibiotics, natural toxins analysis, and GMO testing. Out of which, microbiological analysis dominated the segment owing to the rising number of food scandals coupled with growing demand for fast, accurate and sensitive microbial detection equipment. By food type, the market is bifurcated into milk & dairy products, grains, fruits & vegetables, processed food, meat & poultry, sea food, cereals & nuts, beverages. By food type, the meat & poultry dominated the segment owing to rise in consumption of meat products worldwide. In terms of geography, the market has been analyzed across the region of North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. From the geographical perspective, North America is dominating the global food safety testing equipment and consumable market owing to strict food testing regulation, change in consumer preference toward processed food along with the advent of innovation in technology.
The Report Segments Global Food Safety Testing Equipment And Consumable Market -
- Chromatography Systems
- Mass Spectrometry Systems
- Polymerase Chain Reaction (PCR) Equipment
- Immunoassay Systems
- Hybrid Systems
- Nuclear Magnetic Resonance (NMR) Systems
- Flow Cytometry Systems
By Contaminant Type
- Microbiological Analysis
- Allergens Analysis
- Pesticides and Fertilizers
- Drugs and Antibiotics
- Natural Toxins Analysis
- GMO Testing
By Food Type
- Milk and Dairy Products
- Fruits & Vegetables
- Processed Food
- Meat & Poultry
- Sea Food
- Cereals & Nuts
- North America
- Latin America
- Middle East & Africa
Key Players Profiled In The Report:
3M Company, Agilent Technologies, Inc., AMETEK, Inc., BioMerieux SA, Bio-Rad Laboratories, Inc., Bruker Corporation, Charm Sciences, Inc., Danaher Corporation, E. I. du Pont de Nemours and Company, ELISA Technologies, Inc., Foss A/S, Idexx Laboratories, Inc., Neogen Corporation, Perkin Elmer, Inc., Qiagen N.V, Roka Bioscience, Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Waters Corporation
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