The major factor driving the food safety testing market is the increase in global outbreaks of foodborne illnesses.
January 15, 2019
The food safety testing market is projected to grow from $17 billion in 2018 to $24.6 billion by 2023, at a CAGR of 7.7% during the forecast period, according to a new market research report from MarketsandMarkets.
This demand will drive the food safety market to exceed 1.3 billion tests in 2019, with more than 300 million of these tests being for higher value pathogen detection and identification tests.
November 13, 2018
Recent food recalls in the United States and Europe is putting more pressure on processors to test more frequently, thus driving demand for food safety diagnostic products and commercial laboratory services over the next five years, according to a study produced by Strategic Consulting, Inc., Baltimore, Md.
The processed food segment contributed about one-third share of the total market in 2017, and will continue to maintain its dominance through 2025.
August 30, 2018
Increasing cases of foodborne illnesses due to food contamination and rising consumer inclination toward better quality and safe food are expected to fuel the demand for pathogen testing in the global food safety testing market by the end of forecast period, according to a report published by Allied Market Research, Portland, Ore.
In 2017, the North American market is estimated to account for a significant share in the global food safety testing market.
July 17, 2018
The food safety testing market was valued at $12.01 billion in 2016, and is projected to grow at a CAGR of 7.60% from 2017, to reach $18.54 billion by 2022, according to a study produced by MarketsandMarkets, New York.
The survey also found that nearly 80% believed food producers are taking the necessary steps to ensure their meat is safe for grilling, while 87% believed an animal’s diet can have an impact on food safety.
May 17, 2018
Ninety-four percent of Americans say they trust their food is safe yes, according to a survey released by Cargill, Wichita, Kan.
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