Global Food Safety Testing Market by Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 - 2015)
The global food safety testing market is witnessing a high growth because of increase in number of food poisoning outbreaks globally and stringent food safety regulations imparted by different countries on food producers.
Online, March 17, 2011 (Newswire.com) - 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 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.
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
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