The Food Safety Testing Market size, share, analysis, future analysis is set to register a CAGR of around 7.90% during the forecast period, i.e., 2023-28. This latest research study published by MarkNtel Advisors encompasses an in-depth analysis of various factors related to market growth. It covers a detailed examination of drivers, trends, & opportunities that can influence the market growth trajectory in the coming years, and also includes historic industry data.
To attain precise & accurate insights into the different industry dynamics, both primary & secondary research methodologies have been applied. The key restraints that may pose risks to the market expansion during 2023-28 have also been cited in the report. In addition, the study also offers useful information on the untapped opportunities as well as some recommendations to help stakeholders prepare for unforeseen situations that may arise in the future.
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Why you should choose our Food Safety Testing Market Research Report?
-Detailed information on the Food Safety Testing Market dynamics and growth opportunities during 2023-28
-Quantitative, qualitative, and value & volume data on different segments & sub-segments in the Food Safety Testing Market
-Regional/country-level analysis, including the demand & supply forces influencing the Food Safety Testing Market
-Competitive landscape comprising the share of major participants in the Food Safety Testing Market, along with their recent developments and key strategies adopted in the past few years
How are the Major Participants in the Food Safety Testing Industry performing?
This section of the report aims to provide stakeholders with comprehensive information on the leading companies in the Food Safety Testing Industry, along with collaborations, mergers & acquisitions, trending innovations, & business policies. The key players operating in the Food Safety Testing Industry, including
-The 3M Company
-Agilent Technologies
-ALS
-Bio-merieux SA
-Bio-Rad Laboratories
- Bureau Veritas
-Eurofins Scientific
-Genetic ID NA Inc
-Intertek Group
-Merck Group
-Merieux NutriSciences
-Neogen Corporation
-Qiagen Corporation
-SGS S.A.
-Others
employ diverse strategies to fortify their positions in order to expand their operations across different regions, enhance their capabilities, and establish robust partnerships.
Recent Developments in the Global Food Safety Testing Market:
-On 17 April 2023, SGS S.A. announced giving certifications to Medjool Village, Jordan’s largest vertically integrated grower, packer & exporter of Medjool dates, for BRCGS Global Food Safety Standard. This new addition is on top of ISO 9001 & FSSC 22000 certifications, which has once again demonstrated Medjool Village’s commitment to food quality & safety.
-On 2 May 2022, Bureau Veritas, a global leader in TIC (Testing, Inspection, & Certification) services, announced the opening of its third US microbiology laboratory in Reno, Nevada, which offers rapid pathogen testing & microbiology indicator analyses to ensure the safety of food & agriculture commodities.
How is the Food Safety Testing Market bifurcated into Different Segments/Sub-Segments and Regions/Countries?
The report provides a comprehensive analysis of each high-performing segment, elucidating the factors contributing to their success and larger market share.
Based on, By Testing Type
-Allergen Testing
-Residues and Contamination Testing
-GMO Testing
-Mycotoxin (Fungi) and Microbiological Testing
-Pathogen Testing
-Toxic Heavy Metals Testing
-Others (Chemical or Nutritional Testing)
Based on, By Technology
-Traditional Technology
-Rapid Technology
-Molecular Detection System (MDS)
-Rapid pathogen testing technology
-Rapid Antibody-based Technology
Based on, By Application
-Food
-Dairy Products
-Fruits & Vegetables
-Seafood, Meat, and Poultry
-Processed Food
-Cereals & Grains
-Others (Nuts and seeds)
Beverages
-Water
-Alcoholic Drinks
-Milk Adulteration
Based on, By Region
-North America
-South America
-Europe
-Asia Pacific
-Middle East and Africa
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This approach allows for the identification of rapidly growing segments within the Food Safety Testing Market and their impact on the industry in terms of sales, expansion, & opportunities, among other crucial factors. Furthermore, the report focuses on key regions/countries where the market is partially or predominantly active, with a specific emphasis on geographically dominant areas.
Key Questions Addressed in the Food Safety Testing Market Research Report
-What is the expected CAGR (Compound Annual Growth Rate) of the Food Safety Testing Market during the forecast period, i.e., 2023-28?
-What are the most prominent growth factors & restraints for the Food Safety Testing Market?
-What are the expected growth opportunities for each segment/sub-segment enlisted in the Food Safety Testing Market research report?
-What are the primary tactics & strategies adopted by the major players operating in the Food Safety Testing Market?
-In which region/country the Food Safety Testing Market is projected to garner significant prospects for the leading industry participants during 2023-28?
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About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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