Food Testing Kits Market Current Trends, Opportunities and Growth Challenges by 2027

0
26

According to the current analysis of Reports and Data, the global Food Testing Kits market was valued at USD 1.95 Billion in 2019 and is expected to reach USD 3.22 Billion by the year 2027, at a CAGR of 7.0%. The market is expected to face a favourable growth scenario as it offers many benefits over conventional technologies. The conventional methods of detecting foodborne pathogen are time-consuming as well as laborious. Generally, the conventional methods require almost 2 to 3 days for preliminary identification and more than a week for confirmation of the species of the pathogens. In addition, since these tests rely on culturing the microorganisms, chances of false-negative results due to viable but non-culturable (VBNC) pathogens are high. However, the kits today offer high specificity and sensitivity. These kits are being increasingly preferred for food quality inspections due to the ease of use and the technical precision used while manufacturing them.

Top Companies Operating in the Global Food Testing Kits Market Report:

Romer Labs, Thermo Fischer, Intertek, Qiagen, Biomérieux, Eurofins Scientific, Agilent, Bio-Rad, PerkinElmer, and Millipore Sigma.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1940

Further key findings from the report suggest-

  • The market is projected to grow significantly in the forecast period. Data handling and interpretation of pathogens and toxins have become more convenient and time-saving with the advent of user-friendly test-kits and instruments. In addition, companies can easily carry out in-house testing rather than outsourcing it to other labs.
  • Enzyme-analysis is forecasted to grow at a CAGR of 6.6% in the forecast period. The technology is used widely in the industry as it is highly specific and offers considerable cost and time savings over other methods, especially from the sample preparation standpoint. Moreover, the technology uses non-hazardous reagents, and are thus environmentally friendly and can be automated for in-line process monitoring.
  • The packaged food segment will also be a driving factor for the industry and is expected to register a CAGR of 6.5% during the period of forecast. Packaged foods need to be tested for the presence of pathogens that can cause earlier decay so that the necessary preservatives can be added. In addition, stringent regulations, particularly in the U.S. and Europe, require companies to carry out tests for toxins such as allergens and mycotoxins. For instance, in the U.S., The Food Allergen Labeling and Consumer Protection Act (FALCPA) is the primary federal law which governs how allergens are represented on packaged foods.
  • The cereals, grains and pulses segment is anticipated to witness a CAGR of 6.4% in the forecast period. The main challenge faced by companies within this segment is to ensure the quality as well as safety of the grains constantly throughout the supply chain while adhering with regulations and remaining profitable. National and international regulations have to be taken care of for these products as they have the maximum trade globally and are susceptible to many different forms of infection that can cause diseases like Salmonella.

To read more about the report @ https://www.reportsanddata.com/report-detail/food-testing-kits-market

To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.

This report analyzes the Food Testing Kits market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Food Testing Kits market is provided to gain a deeper understanding of its growth and progress.

The global Food Testing Kits market is segmented into:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Target Tested (Revenue, USD Million; 2017–2027)

  • Allergens
  • Mycotoxins
  • Pathogens
  • GMOs
  • Meat Species
  • Pesticide Residues
  • Others

Sample Tested (Revenue, USD Million; 2017–2027)

  • Meat, Poultry and Seafood Products
  • Dairy Products
  • Fruits and Vegetables
  • Cereals, Grains and Pulses
  • Nuts, Seeds and Spices
  • Packaged Foods
  • Others

Technology (Revenue, USD Million; 2017–2027)

  • PCR-Based
  • Immunoassay-Based
  • Enzyme Substrate-Based
  • Others

Key Questions Addressed in the Report:

  • What are the dominating factors that are influencing the growth of the industry?
  • In the forecast period, which market segment is expected to rise the most?
  • What are the risks and challenges that the industry is facing?
  • In the coming years, which area is projected to dominate the market?
  • Who are the major players in the market? What kind of strategic business plans have they made?

Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1940

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blog: https://www.reportsanddata.com/blogs

Rechercher
Catégories
Lire la suite
Religion
+91-9810068824 India's Best Travel Companies Agencies
+91-9810068824 India's Best Travel Companies Agencies Royal India Holidays is one of India's...
Par Weblabz Digital 2023-03-14 06:39:29 0 26
Health
Glucose Biosensor Market Size, Regional Trends and Opportunities, Revenue Analysis, For 2030
    Increasing incidence of diabetic population and adoption of self-monitoring devices...
Par Jhon Tanison 2022-11-17 09:27:34 0 20
Networking
Vertical Farming Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2030  
Vertical Farming Market Analysis  The global vertical farming market size will touch USD...
Par Priyanka Kadam 2023-05-19 08:52:31 0 24
Autre
Ship Deck Machinery Market Trends, Key Players, DROT, Analysis & Forecast Till 2028
Reports and Data has recently published a research report on global Ship Deck Machinery market to...
Par Steve Faulknar 2023-02-07 08:10:03 0 41
Shopping
NHL Networks Kevin Weekes still living the Canadia
When Kevin Weekes returns to his native Barbados to visit family or heads home to his parents...
Par Seestyle Seestyle 2022-09-05 08:00:21 0 43