Food Pathogen Testing Market Research by Leading Players
Press release from: Global Market Insights, Inc.
This comprehensive Global food pathogen testing market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The food pathogen testing market research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
Food Pathogen Testing Market size will cross USD 5.5 Billion by 2024; according to a new research report by Global Market Insights, Inc.
Necessity to ensure health & safety along with increasing consumer awareness has enhanced the food pathogen testing market growth. Growth in global processed meat & dairy industry along with increasing vegetables consumption will drive the industry demand.
Stringent safety norms by FDA, FAO and EU have enhanced the product demand. Government support along with rising influence of media reports on diseases caused due to contaminants are the key factors supporting food pathogen testing market size. The commercialization matrix of Food Pathogen Testing Market has witnessed a remarkable surge in recent years, augmented by the stringency in food regulations implemented by renowned organizations like FDA, FAO, and EU. Food giants are continuously brainstorming new manufacturing facilities that can quickly and efficiently detect the presence of pathogens in food. With the increasing consumer awareness with reference to food safety and hygiene, food processors and testing laboratories are shifting their focus toward the deployment of high performance and effective food pathogen testing technologies – a fact that would considerably impel food pathogen testing industry outlook in the ensuing year
Prominent players in market such as 3M and Certus are continuously developing robust and innovative food safety solutions for the F&B sector, the rising prominence of which would help boost this business space. As per analysts, the robustly expanding food industry is likely to stimulate food pathogen testing market size, which was pegged at a valuation of USD 3 billion in 2016.