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Top 10 Food Safety Testing and Technologies Trends - Global Forecast to 2022

Top 10 Food Safety Testing and Technologies: Global Forecast until 2022

  • February 2017
  • 336 pages
  • ID: 4724244
In this report:
In order to meet the increasing food demand, global food production has to be increased by ##% from 2009 to 2050 (Source: FAO).
North America is expected to dominate the market with a ##.##% share in 2016 and is projected to remain the largest market for pathogen testing by 2022.
According to The Federal Institute for Risk Assessment (BfR), in 2014, the European Union reported ##% cases false labeling & ##% cases of false certification among all food frauds.

Summary

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"The top 10 food safety testing and technologies market to attain a market size of ~$39.5B by 2022"

The top 10 food safety testing and technologies market is estimated to grow ~$39.5B by 2022, this sector covered two segments - food safety testing and water safety testing & technologies. The food safety testing market includes food safety testing market, GM food safety testing market, food pathogen testing market, meat speciation testing market, food authenticity testing market, pesticide residue testing market, mycotoxin testing market, and food allergen testing market. The water safety testing & technologies sector includes water testing and study and bottled water testing.

"Food pathogen testing market is estimated to rise at a compound annual growth rate of 7.90 percent"

The food pathogen testing market was estimated at ~$7.4B in 2015 and is estimated to have a compound annual growth rate (CAGR) of 7.90 percent from 2016 to 2022. Elements such as rise in outbreak of foodborne illnesses, implementation of stringent food safety regulations, and availability of advanced technology capable of quick testing have further boosted the increase of this market.

"Meat speciation testing market is expected to rise at a fast pace from 2016 to 2022"

The meat speciation testing market is expected to grow at the highest compound annual growth rate (CAGR) from 2016 to 2022. The drivers of this market contain worldwide growth in malpractices, and number of fraud and adulteration incidents for meat & meat products, stringent regulation and consumer demand for certified products, and religious concerns among consumers.

"Asia-Pacific pesticide residue testing market is planned to be the quickest rising market"

The Asia-Pacific area is forecast to be the quickest increasing market for pesticide residue testing, due to the increase in population and health issues in its countries. It is expected that the industry demand for food safety from consumers, producers, and regulators will growth. China (CN) is intended to be the quickest-increasing country in the Asia-Pacific food pesticide residue testing market.

"Processed foods segment: Estimated to dominate food authenticity testing market in 2016"

The processed food segment includes products including infant formula and packaged foods, which have a wide variety of processed ingredients that require safety testing. Therefore, the processed food segment is forecasted to be the biggest segment for testing in the food authenticity testing market, in 2016, as there are high chances of processed food fraud and adulterations.

"North America (NA): Expected to be the quickest-rising in the food allergen testing market"

North America continent is forecasted to be the quickest developing market during the outlook period considered for this analysis, in the food allergen testing market. The rise in food allergic patients and the international trading of food materials in the North American countries including the U.S. have propelled the labeling requirement and allergen confirmation in the foods.

Break-up of Primaries:

- By Company category: Tier 1 - 50 %, Tier 2 - 30.0 percent, and Tier 3 - 20.0 percent

- By Designation: C Level - 28.0 percent, Director Level - 22.0 percent, and Others - 50.0 percent

- By area: North america (NA) - 40.0 percent, Europe - 30.0 percent, Asia-Pacific - 21.0 percent, and rest of the world - 9.0 percent

Segment Research

Top 10 trends in food safety testing and technologies incorporates a variety of testing technology sectors. The sectors covered under food safety testing contain food safety testing market, GM food safety testing market, food pathogen testing market, meat speciation testing market, food authenticity testing market, pesticide residue testing market, mycotoxin testing market, and allergen testing market. The industries covered under water safety testing & technologies contain water testing and review and bottled water testing. In terms of insights, this market research has emphasized different levels of analyses-competitive landscape, regional market analysis, and company descriptions, which together comprise and examine the basic overviews on the emerging & high-growth segments of the overall food safety testing and technologies market, high-growth areas, territories, government actions, drivers, market restraints, and alternatives.

Why acquiring this study can help you:

- To get a comprehensive overview of the food safety testing and technologies sector

- To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

- To benefit business insights about the main countries/localities in which the food safety testing and technologies sector is prospering

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