Top 10 Food Safety Testing and Technologies Trends is projected to $39.47 Billion by 2022

Published: Mon Sep 10 2018

The report "Top 10 Food Safety Testing and Technologies Trends (Food Safety, GM Food Safety, Food Pathogen, Meat Speciation, Food Authenticity, Pesticide Residue, Mycotoxin, Allergen, Water, and Bottled Water) - Global Forecast to 2022", The top 10 food safety testing and technologies market is projected to reach USD 39.47 Billion by 2022.

Browse 130 market data tables and 117 figures spread through 335 pages and in-depth TOC on "Top 10 Food Safety Testing and Technologies - Global Forecast to 2022"

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Food pathogen testing market is projected to grow at a CAGR of 7.9%

The food pathogen testing market was valued at USD 7.41 billion in 2015 and is projected to have a CAGR of 7.9% from 2016 to 2022. Factors such as increase in outbreak of foodborne illnesses, implementation of stringent food safety regulations, and availability of advanced technology capable of rapid testing have further boosted the growth of this market.

Meat speciation testing market is projected to grow at a rapid pace from 2016 to 2022

The meat speciation testing market is projected to grow at the highest CAGR from 2016 to 2022. The drivers of this market include worldwide increase in malpractices, and number of fraud and adulteration incidents for meat & meat products, stringent regulation and consumer demand for certified products, and religious concerns among consumers.

Processed foods segment: Estimated to dominate food authenticity testing market in 2016

The processed food segment includes products such as infant formula and packaged foods, which have a wide variety of processed ingredients that require safety testing. Thus, the processed food segment is estimated to be the largest segment for testing in the food authenticity testing market, in 2016, as there are high chances of processed food fraud and adulterations.

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Asia-Pacific pesticide residue testing market is projected to be the fastest-growing market
The Asia-Pacific region is expected to be the fastest-growing market for pesticide residue testing, due to the rise in population and health issues in its countries. It is expected that the demand for food safety from consumers, producers, and regulators will rise. China is projected to be the fastest-growing country in the Asia-Pacific food pesticide residue testing market.

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