Marketsandmarkets: Global Food Safety Testing Market by Contaminants to be $ 4147 Million by 2015
By Marketsandmarkets, PRNESunday, March 6, 2011
DALLAS, March 7, 2011 - The Global Food Safety Testing Market By Contaminants, Technology, Food
Types, Geography: Trends & Forecast (2010 - 2015) analyzes the food safety
testing market by technology and applications and studies the major market
drivers, restraints, and opportunities for the food safety testing market in
North America, Europe, Asia, and ROW.
Browse market data tables and in-depth TOC on global food safety testing
market by contaminants, technology, food types, geography: Trends & forecast
(2010 - 2015)
www.marketsandmarkets.com/Market-Reports/food-safety-365.html
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The increasing number of food poisoning outbreaks, standardization of
regulations for food safety, and technological shift towards more rapid
microbial tests are driving the market for food safety testing. Also,
increasing demand of consumers for safe and quality food is further fueling
the growth of the market. The global food safety testing market by
contaminants is estimated to grow at a CAGR of 10.46% to $2.5 billion in
2015.
Amongst all the market segments by contaminants, pathogen testing
commands the largest share in terms of value and volume, while GMOs testing
leads in terms of growth. In pathogen testing segment, salmonella testing
accounts for the major share; followed by listeria testing. Salmonella
testing in terms of value accounts for 40% of the overall contaminants
testing in 2010. In terms of growth, E. coli testing is witnessing the
fastest growth; estimated to grow at a CAGR of 11.05% from 2010 to 2015.
Europe accounts for the major market for global food safety testing
market because stringent regulations are compelling food processors to test
for hazardous material and microorganisms in food products. Increasing food
poisoning outbreaks will ensure more regulatory guidelines pertaining to food
testing in future. Europe accounts for 38% of the global food safety testing
market in 2010. North America is the second largest market for food testing.
The technology market which includes the PCR, immunoassay, is witnessing
double digit growth; that too, twice the growth rate of global food testing
market. Currently, the market players are focusing on the development of new
products and applications, which therefore accounted for the highest share of
the total competitive developments in global safety food testing market.
Scope of the report
This research report categorizes the global market for food safety
testing market on the basis of contaminants, testing methods, applications
and geography; forecasting revenues, and analyzing trends in each of the
following submarkets.
On the basis of contaminants - Pathogens - GMOs - Pesticides - Toxins On the basis of testing methods - Traditional methods - Rapid testing methods On basis of geography - North America - Europe - Asia - ROW
Analyst Briefing Presentation on the Global Food Safety Testing Market By
Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 -
2015) to be held on March 29, 2011
The CMF practice at MarketsandMarkets is pleased to announce its "Analyst
Briefing Presentation" on "Global Food Safety Testing Market By Contaminants,
Technology, Food Types, Geography: Trends & Forecast (2010 - 2015)" to be
held on March 29, 2011.
www.marketsandmarkets.com/AnalystBriefing/food-safety.asp
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