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Press Release

World Food Pathogen Testing Market to cross 850 Million tests by 2024

Global Market Insights,Inc.
Posted on: 11 Apr 18
World Food Pathogen Testing Market to cross 850 Million tests by 2024 North America Food Pathogen Testing Market will surpass USD 2 billion by 2024, propelled by increasing awareness among consumers towards fodder safety, recent disease outbreaks and rising usage of preservatives.

PR Newswire

SELLBYVILLE, Del., April 11, 2018

SELLBYVILLE, Del., April 11, 2018 /PRNewswire-iReach/ -- The Industry growth report "Food Pathogen Testing Market Size By Contaminant (Salmonella, Listeria, E. Coli, Campylobacter), By Application (Meat & Poultry, Processed Food, Dairy Products, Fruits & Vegetables), By Technology (Traditional, Rapid [Convenience, PCR, Immunoassay]), By Food (Meat & Poultry, Dairy, Processed, Fruits & Vegetables) Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Poland, China, Japan, India, Australia, Thailand, Malaysia, Brazil, Argentina, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024" by Global Market Insights, Inc. says Food Pathogen Testing Market share is expected to cross $5.5 billion by 2024.

Necessity to ensure health & safety along with increasing consumer awareness has enhanced the food pathogen testing market growth. Growth in global processed meat & dairy industry along with increasing vegetables consumption will drive the industry demand.

Stringent safety norms by FDA, FAO and EU have enhanced the product demand. Government support along with rising influence of media reports on diseases caused due to contaminants are the key factors supporting food pathogen testing market size.

Rising health concerns including illnesses, toxicity, and poisoning due to presence of contaminants in edible products has enhanced the product scope. Inclination towards better quality, hygienic and organic products particularly in developed nations will drive the industry demand.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1417

Rapid globalization along with increasing trade of food products has resulted in increased occurrences of transmissible diseases. For instance, bird flu, caused mainly due to consumption of chicken was originated in Italy in 1878.

Changing lifestyles and increasing disposable income particularly in developing economies will propel the food pathogen testing market. For instance, China disposable income has increased from 4.5 billion per capita in 2015 to over 5 billion per capita in 2016.

Technological advancement in tests performed on microorganisms including, polymerase chain reaction and immunomagnetic separation will provide positive outlook for product demand. Lack of awareness about safety regulations among manufacturers is a key challenge for industry demand. Furthermore, high price associated with the tests may hamper the market growth.

Browse key industry insights spread across 350 pages with 207 market data tables & 11 figures & charts from the report, "Food Pathogen Testing Market" in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/food-pathogen-testing-market

Salmonella was valued over USD 1.2 billion in 2016. Increasing occurrences of diet poisoning and other illness, due to presence of salmonella bacteria has enhanced the food pathogen testing market. In 2016, more than 395 million people in India suffered from poisoning due to contaminated meal.

E. coli contaminant is anticipated to generate over 170 million tests by 2024. Severe infections caused by E. coli including bloody diarrhea, anemia and kidney failure has resulted in increased demand for food pathogen testing. Consumption of unpasteurized milk products and improper processed meat have increased the chances of infections.

PCR rapid technology method will witness CAGR at 9% up to 2024. High degree sensitivity, rapid speed and precise & accurate results are the key factors driving the industry demand. Technological advancement and innovations in rapid technology will open new avenues for business growth.

Meat & poultry market will worth over USD 900 million by 2024. Rising incidences of transmissible diseases due to processed meat consumption including H1N1 virus will fuel the product scope. Increasing consumer awareness pertaining to infectious diseases and safety labels will drive the demand. 

North America food pathogen testing market will witness gains over 6.5% up to 2024. Increasing investment in pharmaceuticals accompanied by numerous government initiatives to reduce disease occurrences caused due to contaminants will propel the regional demand.

Asia Pacific was valued over USD 700 million in 2016. Changing income trends and improving standard of living along with technological innovations are the key factors driving the industry demand. Rising demand for processed edible products particularly from millennials has enhanced the product penetration.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1417

Global food pathogen testing market is moderately consolidated due to presence of few industry players. Top three industry players hold around 45% of the global share. Bureau Veritas, SGS, Det Norske Veritas, Lloyd's Register Quality Assurance, Genon Laboratories and Intertek are the major industry participants.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Media Contact: Arun Hegde, Global Market Insights, Inc., +13028467766, sales@gminsights.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

 

SOURCE Global Market Insights, Inc.

PR Newswire
www.prnewswire.com

Last updated on: 11/04/2018

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