DALLAS, March 7, 2011 /PRNewswire/ -- The Global Food Safety Testing Market By Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 - 2015) analyzes the food safety testing market by technology and applications and studies the major market drivers, restraints, and opportunities for the food safety testing market in North America, Europe, Asia, and ROW.
Browse market data tables and in-depth TOC on global food safety testing market by contaminants, technology, food types, geography: Trends & forecast (2010 - 2015)
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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 accounts 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.
Europe accounts for the major market for global food safety testing market because stringent regulations are compelling food processors to test for hazardous material and microorganisms in food products. Increasing food poisoning outbreaks will ensure more regulatory guidelines pertaining to food testing in future. Europe accounts for 38% of the global food safety testing market in 2010. North America is the second largest market for food testing. The technology market which includes the PCR, immunoassay, is witnessing double digit growth; that too, twice the growth rate of global food testing market. Currently, the market players are focusing on the development of new products and applications, which therefore accounted for the highest share of the total competitive developments in global safety food testing market.
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
Analyst Briefing Presentation on the Global Food Safety Testing Market By Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 - 2015) to be held on March 29, 2011
The CMF practice at MarketsandMarkets is pleased to announce its "Analyst Briefing Presentation" on "Global Food Safety Testing Market By Contaminants, Technology, Food Types, Geography: Trends & Forecast (2010 - 2015)" to be held on March 29, 2011.
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