Food Safety Testing Equipment and Consumables and Consumables Market: Demand, Production, Supply, Analysis & Forecast 2020

16/feb/2016 12.40.20 IndustryARc Contatta l'autore

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With increasing number of food scandals across the globe, the need for Food Safety Testing Equipment market is growing. Food tests are increasing in number along with the need to not only test the safety attribute but to also be sure of the nutritional value of the food being consumed. The global Food Safety Testing Equipment industry is a diverse market comprising of various equipment and consumables.

 

Major Driving Factors:

  • Increasing awareness among the consumers about importance of food safety and quality
  • Rising incidents of food-borne illness
  • Free global trade activity leads to an increased necessity for food testing
  • Increasing cases of microbial contamination, mislabeling and adulteration
  • Active mass media coverage of mishaps has pressurized food manufacturers to comply with the regulatory standards and go overboard to appease customers
  • Increasing strict rules about inspection and certification (TIC) activities to improve food analysis 

Segment Analysis:

PCR equipment was noted to be the dominant device type in 2014 and is estimated to exhibit the fastest growth through 2020 due to increasing installations. Immunoassay and Hybrid systems are also poised to exhibit fast CAGR growth rates as these are rapid analytical systems that hold huge potential for growth.

 

In 2015, food microbiology dominated the Food Safety Testing Equipment market by type of contaminants. This segment is poised to exhibit the fastest growth due to the perishable nature of food as well as being highly prone to contamination. GMO and allergen testing are the other promising segments exhibiting high growth.

 

Leading Market Trends:

This market is witnessing a significant growth and offering a wide pool of opportunities for the manufacturers. It was estimated at $2,189m in 2014 and is projected to grow at a healthy rate in coming years. IndustryARC also estimated that the Global Market Size in 2015 was around $2,320.6 Million and that of Consumables around $2,142.3 Million. All the segments as well as the overall market shall grow at healthy CAGRs during the forecast period 2015-2020.

 

Due to rules like part 211 of 21 code of federal regulations which is the food and drug administration (make sure that the products you use meet strict standards for public health protection) and legalization of NSF certification (given by NSF International), the market is strengthening with passing days and years.

 

Check complete report @ http://industryarc.com/Report/189/Food-Safety-Testing-Equipment-and-Consumables-Market.html 

 

Key Vendors:

IndustryARC on studying the major competitors of the global market have included more than 40+ of them in this market research report. Few which are mentioned here are:

  • 3M Company (U.S.)
  • Agilent technologies Inc (U.S.)
  • Ametek Inc. (U.S.)
  • Biomerieux Inc. (France)
  • Danaher Corporation (U.S.)
  • Bio-rad laboratories, Inc (U.S.)
  • Bruker Corporation (U.S.) 

Region Wise, North America was the dominant region in 2015.

While North America was the dominant region in 2015, the increase in mandatory and stringent food regulations by the governments of various countries will result in a growth of the market in APAC (China and India being the most expected growth regions).

 

Check complete report @ http://industryarc.com/pdfdownload.php?id=189 

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About IndustryARC:

 

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

 

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

 

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

 

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