Food pathogen testing market projected to grow at a CAGR of 7.8%, to reach USD 10.79 billion by 2020


Posted May 10, 2016 by endlessdeveloping

http://www.gosreports.com/global-food-pathogen-testing-industry-2016-market-research-report/

 
The food pathogen testing market is projected to grow at a CAGR of 7.8% from 2015 to 2020, to reach USD 10.79 billion by 2020. The market is driven by factors such as the increase in the outbreak of foodborne illnesses, implementation of stringent food safety regulations, and availability of advanced rapid technology. The high growth potential in emerging markets and untapped regions provides new growth opportunities for market players.

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“Salmonella testing segment accounted for the largest market share in 2014”
Among the types—E.coli, Salmonella, Campylobacter, Listeria, and others (Staphylococcus, Bacillus, Clostridium, and Vibrio), —Salmonella accounted for the largest market share in 2014, followed by Campylobacter and E.coli. The outbreak of foodborne illnesses due to Salmonella and other pathogens is significant across the globe. Salmonella is one of the largely occurring pathogens in a wide range of food products leading to contamination. The pathogen is commonly found in meat & poultry, dairy, and fruits & vegetables. This has resulted in a high number of tests conducted for Salmonella; the market for Salmonella testing is projected to grow at significant rate in the next five years.

“North America market led the food pathogen testing market with the largest share in 2014”
North America dominated the food pathogen testing market in 2014 and is projected to remain the largest through 2020, due to an increasing number of food poisoning outbreaks and increasing consumer awareness on food safety and its implications. The Asia-Pacific market is projected to be the fastest-growing market due to stringent food safety regulations and the increasing food trade volumes between Asia-Pacific and rest of the world.

Breakdown of primary participants for the report as given below:

- By Company Type: Tier 1 - 50%, Tier 2 - 40%, and Tier 3 - 10%
- By Designation: Manager Level – 60%, C level - 40%
- By Region: Europe - 73%, APAC - 18%, North America - 9%

Leading players such as SGS S.A. (Switzerland), Bureau Vertitas S.A. (France), Eurofins Scientific (Luxembourg), Intertek Group Plc (U.K.), and Asurequality (New Zealand) have been profiled in the report. Other players include ALS Limited (Australia), IFP Institut für Produktqualität (Germany), Silliker (U.S.), Microbac Laboratories, Inc. (Pennsylvania), and Genetic ID NA (U.S.).

Reasons to buy this report:
2016 Global Food Pathogen Testing Industry Report is a professional and in-depth research report on the world’s major regional market conditions of the Food Pathogen Testing industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China).

The report firstly introduced the Food Pathogen Testing basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The report includes six parts, dealing with: 1.) basic information; 2.) the Asia Food Pathogen Testing industry; 3.) the North American Food Pathogen Testing industry; 4.) the European Food Pathogen Testing industry; 5.) market entry and investment feasibility; and 6.) the report conclusion.

The Report Scope
The breakdown data of Global Food Pathogen Testing Industry are presented by company, by country, and by application.
The report also estimates 2016-2020 market development of Global Food Pathogen Testing Industry.
The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Global Food Pathogen Testing Industry.
The report makes some proposals for a new project of Global Food Pathogen Testing Industry and a new project of Global Food Pathogen Testing Industry before evaluating its feasibility.
The report provides an in-depth insight of 2011-2016 global Global Food Pathogen Testing Industry covering all important parameters.
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Last Updated May 10, 2016