Global Food Safety Testing Market by Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 – 2015)03 Jun 2011 • by Natalie Aster
Wilmington – 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 $2.5 billion in 2015.
The report “Global Food Safety Testing Market by Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 – 2015)” by MarketsandMarkets categorizes the global market for food safety testing market on the basis of contaminants, testing methods, applications and geography, forecasting revenues and analyzing trends in each of the following submarkets:
- On the basis of contaminants (pathogens, GMOs, pesticides, toxins);
- On the basis of testing methods (traditional methods, rapid testing methods);
- On basis of geography (North America, Europe, Asia, ROW).
Amongst all the market segments by contaminants, pathogen testing commands the largest share in terms of value and volume, while GMOs testing leads in terms of growth. In pathogen testing segment, salmonella testing accounted for the major share followed by listeria testing. Salmonella testing in terms of value accounts for 40% of the overall contaminants testing in 2010. In terms of growth, E. coli testing is witnessing the fastest growth; estimated to grow at a CAGR of 11.05% from 2010 to 2015.
Published: March 2011
Price: US$ 4,650.00
Report Sample Abstract
The global food safety testing market is witnessing a high growth due to increase in number of food poisoning outbreaks globally and stringent food safety regulations imparted by different countries on food producers. Growing awareness regarding health among consumers, need to control food wastage, manufacturers’ concern for longer shelf life of food products are some of the other factors fueling the growth of the market. Further, consumer confidence for food safety has remarkably increased and globalization in food supply trade and unexplored potential in emerging countries; especially China and India will create a huge opportunity for food safety testing market.
The major players in food safety testing market are DuPont Qualicon, Agilent Technologies, BioMerieux S.A, Qiagen Inc, Neogen Corp, Dionex Corp., Strategic Diagnostic Inc (SDIX), Eurofins Central Analytical Laboratories, Gene-Probe, Inc, and so on.
STANDARDIZATION OF FOOD SAFETY REGULATIONS
The food safety regulations are becoming more stringent these days. Besides, legislative pressures, especially from EU Directives on the issue of food safety, are driving the market for food safety testing. Similarly, the U.S. Food Safety and Inspection Service (FSIS) have laid down stringent regulations to prevent contamination in food, especially products such as meat, which carry a high risk of contamination. More regulations pertaining to specific pathogens in different countries are fuelling the growth of food testing. The FSIS has set up special standards for analysis of data from recent FSIS baseline sample collection programs for young chickens and turkeys. FSIS had stated that current standards will meet the new standards for salmonella bacteria by the end of calendar year 2010. Therefore new regulations pertaining to food contamination are coming up and driving the market for food safety testing. Other examples include the listeria regulation in the U.S. and Europe. In USA, a 'zero tolerance policy' is taken on the presence of Listeria monocytogenes in any Ready to eat (RTE) food and European Union regulations generally permit a count of up to 100 cfu/g for RTE foods at the end of shelf life.
As food safety regulations are standardized it is expected that quality control in food processing and supply will improve reducing the probability of contamination and outbreaks. Thus, the impact of standardization in regulations will have a medium impact in future.
More information can be found in the report “Global Food Safety Testing Market by Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 – 2015)” by MarketsandMarkets.
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