Australian Food Safety Testing Market Projected to Reach USD 588.0 Million by 2020 at a Rate of 9.3% from 2015

Nov 05, 2015, 07:10 ET from Research and Markets

DUBLIN, Nov. 5, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/szggr2/australia_food) has announced the addition of the "Australia Food Safety Testing Market By Contaminant (Pathogens, Pesticides, GMO, Toxins), By Technology (Traditional, rapid), Food Type (Meat, Poultry & Seafood, Dairy, Processed Food, Fruits & Vegetables) - Trends and Forecast to 2020" report to their offering.

The Australian food safety testing market is projected to reach a value of USD 588.0 million by 2020, growing at a significant rate of 9.3% from 2015.

The Australian food safety testing market is gaining growing level of importance in the country owing to continual increase in number of food-born disease outbreaks, increasingly stringent regulations on food safety, growing level of trade between Australia and other countries, sustained number of food recalls, among others.

Rapid technologies dominate the Australian food safety testing market owing to the time consuming and labor intensive factors associated with the traditional methods. Though, culture method (agar culturing) protocols are recognized as internationally accepted reference methods in foodborne pathogen detection, rapid technologies are quick, accurate, and easy-to-use.

On the basis of contaminants, the food safety testing market was segmented into pathogens, pesticides, GMO, toxins, among others. The pathogen market was further sub-segmented into E.coli, salmonella, campylobacter, clostridium and others depending upon their relevance to the Australian food industry. Among pathogens, E.coli recorded highest number of food-borne cases in Australia among pathogens, followed by salmonella and campylobacter.

The Australian food safety testing market is dominated by processed food and meat, poultry & seafood products as maximum number of illnesses have been associated with these applications in the country. Also, the consumption, trade of these food products are highest in Australia, in terms of industry value added making them of utmost important to the country. The Australian regulatory body, Food Standards Australia New Zealand (FSANZ) demands that the food products both exported and imported have to be safe and certified on the basis of the food safety regulations of that particular county. Safety measures instituted by the regulatory body also considers HACCP (Hazard Analysis Critical Control Point) for estabhlishment of food safety control system.

Higher level of processed food consumption in Australia offers significant opportunity for processed food testing. Food contamination in the country is also caused through the processing machineries. Furthermore, continued increase in number food-borne outbreaks and inefficiencies in food supply chain, fuel the market growth in the country.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview 

6 Food Safety Testing Market, By Contaminant

7 Food Safety Testing Market, By Technology

8 Food Safety Testing Market, By Food Type

9 Regulatory Framework For Food Safety Testing In Australia

10 Competitive Landscape

11 Company Profiles

- ALS Limited - Agrifood Technology - Asurequality - Biotest Laboratories Pty Ltd (Biotest) - DTS Food Laboratories - IEH Laboratories & Consulting Group - Medvet - SGS S.A. - Silliker, Inc. - Symbio Alliance

For more information visit http://www.researchandmarkets.com/research/szggr2/australia_food

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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