Food Safety Testing Market Worth $14,030.2 Million By 2018

          Food Safety Testing Market Worth $14,030.2 Million By 2018

  PR Newswire

  DALLAS, June 26, 2013

DALLAS, June 26, 2013 /PRNewswire/ --

The report " Food Safety Testing Market By Contaminants (Pathogen, GMO, Toxin,
Pesticide, Others), Technology (Traditional & Rapid), Food Types (Meat &
Poultry, Dairy, Fruit & Vegetable, Processed Food, Others)  & Geography -
Global Trends Forecast to 2018 ", defines and segments the global food safety
testing market with analysis & forecasting of global revenue & volume for food
safety testing.

It also identifies driving and restraining factors for the global market with
analysis of trends, opportunities, burning issues, winning imperatives, and
challenges. The market is segmented and revenue is forecasted on the basis of
major regions such as North America, Europe, Asia-Pacific, and Rest of the
World (ROW).

Browse

  *234 Market Data Tables
  *67 Figures
  *483 Pages and an in-depth Table of Content on "Food Safety Testing Market"

http://www.marketsandmarkets.com/Market-Reports/food-safety-365.html

Early buyers will receive 10% customization on this report.

The global food safety testing market has been growing significantly due to
increased outbreak of food poisoning caused due to consumption of contaminated
food. Contamination of food can occur due to improper handling of food,
contaminated raw materials, inadequate treatment & processing of food that
destroys the contaminants, etc. Worldwide, various regulations, laws, and
standards have been implemented to assure safety of food manufactured. GMP,
GAP, and HACCP have been practiced by the food companies to manufacture safe
and standard quality food products. The food safety testing has been performed
during every stage of food supply chain i.e., procurement, processing,
packaging, storage, and transportation etc. Globalization in food supply trade
and increasing consumer awareness on food safety has been driving the market.

In 2012, the Food Safety TestingMarket was dominated by testing of pathogens,
as pathogen contamination has caused maximum cases of food poisoning. During
the same period, most of the food recalls in U.S. were registered due to
salmonella contamination. GMO testing is expected to increase further due to
the growing concern for safety of genetically modified foods. Market players
have been focusing on application of rapid testing methods that provide quick
& accurate qualitative & quantitative results on contaminants. In 2012, meat
and poultry product testing dominated the food safety testing market due to
their high susceptibility for microbial contamination.

The global food safety testing market is projected to grow from $9,262.3
million in 2012 to $14,030.2 million at a CAGR of 7.2% by 2018. In 2012, North
America was the largest food safety testing market with 40% of share, wherein
U.S. dominated this market and is projected to reach $4,004.5 million by 2018.
In 2012, meat and poultry accounted for 28% of global food safety testing
market. In 2012, rapid testing method was dominated by PCR-based methods that
performed 189.1 million tests, followed by immunoassay-based methods. The
leading players in the food safety testing market include SGS SA
(Switzerland), Bureau Veritas (France), Intertek Group Plc. (U.K.), and DNV
(Norway). These players have focused on introducing new product & services,
mergers, acquisitions, and expansion of their business segments to maintain
their position in the market.

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