DUBLIN, February 28, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/qtqjgm/north_america) has announced the addition of the "Concise Analysis of the North America Food Safety Testing Market - Forecast to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The North American food safety testing market is growing significantly, driven by increasing outbreaks of food-borne illnesses and rigorous implementation of the food safety regulations to ensure the safety of food. The consumer demand for food safety has also been increasing the food safety testing market. Introduction of new and advanced technology for safety testing has been further helping in the growth of the market. The leading players in the food safety testing market include SGS SA (Switzerland), Bio-Rad Laboratories (U.S.), Intertek (U.K.), Eurofins (U.S.), and Bureau Veritas (France). The key players have been using strategies such as new product/service launch and merger & acquisition to strengthen their position in the market.
The North American food safety testing market involves testing for contaminants such as pathogens, toxins, genetically modified food, pesticides and other contaminants in food products such as meat & poultry products, dairy products, processed foods, fruit & vegetable, and other foods such as cereals, raw food materials, etc. The technology for safety testing include traditional and rapid technology methods such as convenience-based, PCR-based, immunoassay-based, and other rapid methods such as HPLC, GC, etc. In 2012, pathogen safety testing in food samples dominated the market with salmonella testing as the largest segment.
The food safety testing market is projected to grow from $3,707.7 million in 2012 to $5,640.1 million by 2018. In 2012, U.S. was the largest market for food safety testing with a share of 70%. In 2012, Canada was the second largest market followed by Mexico. In 2012, contaminant testing in processed food was the largest segment in North American market.In 2012, pathogen testing dominated the food safety testing market and is projected to be the fastest growing contaminant safety testing market during the forecast period of 2013 to 2018. In 2012, processed foods accounted for maximum pathogen testing in the market. E. coli testing segment is projected to be the fastest growing pathogen testing market during the same period.
Pathogens are the leading cause of food borne poisoning or illness. In 2012, pathogen testing dominated the food safety testing market in which salmonella testing accounted for the major share. Food contamination and recalls due to salmonella contamination has led to increase in the salmonella testing. Increasing food contamination and outbreak of Shiga toxin-producing E. coli (STEC) poisoning is expected to increase E. coli testing in market. Food safety testing market is projected to increase at a CAGR of 7.3% by 2018.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Food Safety Testing Market, By Contaminants
6 Food Safety Testing Market, By Technologies
7 Food Safety Testing Market, By Food Types
8 Food Safety Testing Market, By Country
9 Regulations
10 Competitive Landscape
11 Company Profiles
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/qtqjgm/north_america
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
Share this article