1. FOOD SAFETY TESTING MARKET2018
IndustrySurvey, Growth, Competitive Landscape
and Forecasts to 2027
PREPARED BY
MarketResearch Future
(Part of Wantstats Research & Media Pvt. Ltd.)
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FOODSAFETY TESTING MARKET 2018
Looking at the current rate of transformation in the food industry, it can be confidently said that the future seems bright for the global food safety
testing market. In the year 2016, this market generated a revenue of USD 11.8 billion. Whereas, in the coming years it is projected to earn around
USD 17.45 billion. In terms of CAGR, the market is estimated to tread forward at the rate of 7.34%.
There are many growth drivers that cumulatively contribute to the development of the market. Increased instances of food borne diseases can be
termed as a primary growth booster for the market. As the ratio of people getting affected by such diseases is on an all-time high, vendors are
looking for an effective solution to this problem. Thanks to all of this, the market is moving forward at a quicker pace. Increased awareness regarding
food safety amongst the masses, stress on stricter food safety regulations and technological advancements in the food sector further foster the
growth of the market. Although, the market may be hampered by one major obstacle. It is insufficient knowledge about food & safety regulations
amongst the vendors. But with time the market is expected to cope with this hindrance.
Food SafetyTesting Market 2018:Industry Survey,Growth, Competitive
Landscape and Forecasts to2027
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FOODSAFETY TESTING MARKET 2018
Food Safety Testing Study Objectives
To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global
Food Safety Testing market
To provide insights about factors affecting the market growth
To Analyze the Food Safety Testing market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries-
North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by Product, Technology and sub-segments.
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape
for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and
research and developments in the global Food Safety Testing market
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FOODSAFETY TESTING MARKET 2018
Regional Analysis
At its heart, food safety testing is a scientific discipline. It is concerned with managing, preparing and storing food in a hygienic manner. The main
purpose of this test is to avoid the chances of letting food borne illnesses develop. This practice is comprehensive in nature. It scrutinizes many
factors before passing a food product to be sold in the market. Some of these factors include, food labeling, food hygiene, pesticide residues and
compliance to policies related to biotechnology and food safety guidelines.
Consumer safety is the aim of all these stringent assessments. Food safety testing makes sure that the final product that reaches the customer is
completely safe to be consumed. More and more industries are choosing this procedure to provide their customers with superior quality products.
Thus, it can be concluded that in the coming years, this market will have surpassed all its previous records!
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