Development of stringent rules & regulations by the governments on food safety testing


Posted February 12, 2016 by stacycissell

Key growth strategy for the major testing products and laboratory service providers is introduction of low cost analytical instruments for market penetration and aggressive expansion by investment in new laboratory openings.

 
Food Testing Market shall witness 8.4% CAGR growth until 2018 owing to the increased number of tests that will be conducted. According to IndustryARC, Food Testing Market which includes the food safety testing market is expected to grow at a healthy growth rate of around 6% during the forecast period until 2018.

[b]MARKET TRENDS AND MARKET GROWTH STATISTICS:[/b]

Leading equipment: Chromatographs and Spectrometers.
The combination of both the equipment Chromatographs and Spectrometers is being developed frequently by the manufacturers to enhance the food testing capabilities in the analytical laboratories, which would save lot of energy, time and resources.

Instrument Wise: IR types of instruments are occupying the highest share in-terms of technology.
Testers have been and are continuing to grow owing to the demand from the Consumer Testing Industries. With growing industrial microbiology, food testing market is also witnessed to be growing parallelly.

In the Segment Approach, Meat & Poultry Products have been dominating the Food Safety Testing Market owing to the maximum number of the illness which is caused due to the consumption of Meat & Poultry Items.

[b]Major Market Driving Factors:[/b]
• Growing foodborne diseases across the globe
• Rising negative cases of food adulteration and food businesses which take place in ignorance of consumer testing
• Rising consumption of processed food, thus rise in risk factors that tag along with artificial intake
• Rising incomes of developed as well as developing countries is increasing the adoption of processed food
• Realization of importance of food analysis and food safety among people
• Increasing awareness about food borne diseases within consumers
• Development of stringent rules & regulations by the governments on food safety testing
• Increasing globalization of food trade and development of rapid food safety testing techniques.
• Rapid advanced technologies are propelling the market because traditional methods are time consuming and labor intensive.
• Key growth strategy for the major testing products and laboratory service providers is introduction of low cost analytical instruments for market penetration and aggressive expansion by investment in new laboratory openings.

Check complete report @ http://industryarc.com/Report/153/global-food-testing-equipment-market.html

Brief on Regional Outlook: Fastest Growing CAGR Rate Observed in China, APAC.
Studies confirm APAC to be the most potential market of the forecast period owing to the fact of fast growing rates in this region during the recent past and present day. China will be the most rapid country from APAC owing to the increasing demand for food safety from consumers, producers, manufacturers as well as regulators. The extremely high population of the country is set to drive the market demand.

Also, Australia is witnessing increased food borne diseases lately which is leading to focusing on food testing market by the government and also private organizations of this region.

[b]REPORT SCOPE: Market Segmentation:[/b]
The Food Testing Market is segmented into broad 6 types after analyzing the entire industry in depth depending on the following 6 factors:
1. By Testing Type
2. By Pathogen Type
3. By Geography
4. By Food Products
5. By Food Type
6. By Testing Technique

The report shows the complete classifications of the above into sub categories based on certain deciding factors.

[b]Key Market Players:[/b] Agilent Technologies, Shimadzu Corp, PerkinElmer and Thermo Fisher Scientific
Global players mentioned above are facing quality competition from companies in China like Beijing Purkinje General Instrument, Focused Photonics Inc, Beifen-Ruili Analytical Instrument Group, and Shanghai Techcomp Instrument Ltd in the laboratory analytical instrumentation market.

[b]To mention some top players of this market which are studied and analyzed in the business perspective by IndustryARC within the forecast period:[/b]
• Adpen Laboratories, Inc.
• Aegis Food Testing Laboratories
• ALS Limited( Campbell Brothers Limited)
• AB SCIEX
• Campden BRI
• DNV Gl

[/]Check complete report @ http://industryarc.com/pdfdownload.php?id=153[/b]

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[b]About IndustryARC: [/b]

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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Contact Email [email protected]
Issued By IndustryARC
Phone 1-614-588-8538 (Ext-101)
Country United States
Categories Food , Health , Nutrition
Tags common food , food analysis , food business , food lab , food sensitivities , food testing , industrial microbiology
Last Updated February 12, 2016