PUNE, India, November 20, 2015 /PRNewswire/ --
This report "North American Food Safety Market by Contaminant (Pathogen, GMO, Toxin, Pesticides), Technology (Traditional & Rapid), Food Tested (Meat & Poultry, Dairy, Fruit & Vegetable, Processed Food) & Country - Trend & Forecast to 2020", published by MarketsandMarkets, The North American Market for Food Safety Testing is projected to reach USD 6.4 Billion by 2020, at a CAGR of 7.4% from 2015
Browse 98 market data Tables and 66 Figures spread through 191 Pages and in-depth TOC on "North American Food Safety Market"
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The market report defines and segments the North American Food Safety Testing Market with analyses and projections of the market size, in terms of value. The market has been segmented on the basis of contaminant, technology, and food tested. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, and challenges. The market is segmented and the market size is projected on the basis of key countries such as the U.S., Canada, and Mexico.
This research report includes the North American market for food safety testing used in meat & poultry, dairy, processed foods, and fruits & vegetables. The North American market for food safety testing is projected to reach USD 6.4 Billion by 2020, at a CAGR of 7.4% from 2015.
North America is considered to have one of the most advanced food safety programs that have been vigorously implemented across the region. The food safety testing market in this region is highly competitive and the existing market players are involved in the research and development of technology and service to advent new food safety testing solutions. The market is highly dynamic and prone to fluctuation in cost, time, and testing solutions. Diagnostic companies in North America are also involved in the development of technologies that can identify the presence of all the contaminants in one test.
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In 2014, the North American Food Safety Testing Market size, by food tested, was led by the processed foods segment. The increased consumption of processed food due to the busy lifestyle in North America is creating a significant opportunity for processed food safety testing. Inefficient supply chain and food contamination outbreaks are further fuelling the growth of the market.
The North American Food Safety Testing Market has expanded due to the increased number of foodborne disease outbreaks and food contamination caused by pathogens such as salmonella, E. coli, listeria, and others. The North American government has spent many billions to recover the pathogen epidemic. Across the U.S., pathogen testing has been conducted at the highest rate.
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