The food diagnostics systems market size is projected to increase with rising concerns over food quality and safety, and the implementation of stringent regulations on food safety and foodborne illness prevention. Globalization of food trade has further extended the scope for the market. The emerging markets with increasing demand for food testing are estimated to generate potential opportunities in the market.
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The food diagnostics market was sub-segmented into diagnostic systems and consumables. Both, the diagnostic systems and consumables markets were segmented based on their respective types and geography.
The food diagnostics systems include hybridization-based systems such as PCR, gene amplifiers, microarrays, and sequencers; chromatography-based systems such as gas chromatography (GC), liquid chromatography (LC), and high-pressure liquid chromatography (HPLC); spectrometry-based systems such as mass spectrometry (MS); biosensors; immunoassay-based systems such as ELISA; and test kits. Food diagnostics systems are used to analyze food samples to determine their nutritional content, quality, and to detect the presence of contaminants in the samples. The food diagnostic consumables include reagents essential for performing the tests, disinfectants, and test accessories such as syringes, pipettes, among others.
The reagents market was estimated as the largest food diagnostic consumables market in 2013. The markets for disinfectants and reagents are estimated to grow with the increasing demand for food testing.
To maintain a competitive edge in the diagnostics market, the key players invest heavily in development of new diagnostic technologies. The key players of food diagnostics systems market were observed to prefer new product launches and expansions as strategies to garner a larger share in the market. The key companies have also entered into agreements and collaborations to market new products. The report provides a complete analysis of key companies and a chronology of developments with respect to new products/technologies and their applications. It also analyzes the market dynamics, winning imperatives, and issues faced by the leading players.
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