North America Food Safety Testing Market Expects to See Significant Growth During 2022-2030
The North America food safety testing market is projected to reach US$ 13.2336 billion by 2028 from an estimated value of US$ 8.1096 billion in 2021; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.
The Report North America Food Safety Testing Market study by “Business Market Insights” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. Food safety testing is a scientific analysis of a food product and its contents to find information about various characteristics such as physiochemical properties, composition, and structure. The information is used to determine the safety of the product for consumption. The rising prevalence of foodborne illnesses demands food safety testing for all food and beverage products to prevent health hazards, which boosts the growth of the food safety testing market. The major factors driving the market's growth are the greater emergence of foodborne illness and the ascension of North America food & beverages industry. However, the insufficient food safety testing methods are hampering the market growth.
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Kay Players:
- SGS SA
- Eurofins
Scientific
- Intertek
Group Plc
- TÜV SÜD
- TÜV NORD
GROUP.
- Bureau
Veritas
- NEOGEN
Corporation
- ALS
Limited
NORTH AMERICA FOOD SAFETY TESTING MARKET
SEGMENTATION
By Contaminant
- Pathogens
- Salmonella
- E. coli
- Listeria
- Others
- Pesticides
- Toxins
- GMOs
- Others
By Technology
- Traditional
- Rapid
- PCR-Based
Testing
- Immunoassay-Based
Testing
- Others
By Food Type
- Meat,
Poultry, & Seafood Products
- Dairy
Products
- Cereals
& Grains
- Processed
Food
- Fruits
& Vegetables
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- SGS SA
- Eurofins
Scientific
- Intertek
Group Plc
- TÜV SÜD
- AES
Laboratories Pvt. Ltd.
- TÜV NORD
GROUP.
- Bureau
Veritas
- NEOGEN
Corporation
- ALS
Limited
- AsureQuality
Based on technology, the North America food safety
testing market is bifurcated into traditional and rapid. The rapid segment is
further sub-segmented into PCR-Based testing, immunoassay-based testing, and
others. The rapid segment is likely to hold a larger market share in 2021 and
is expected to grow at a faster CAGR from 2021 to 2028.
Based on food type, the North America food safety
testing market is segmented into meat, poultry, and seafood products, dairy
products, cereals and grains, processed food, fruits and vegetables, and
others. The meat, poultry, & seafood products segment would hold the
largest share of the market in 2021; however, the fruits and vegetables segment
are anticipated to register the highest CAGR during the forecast period.
The report segments the North America Food Safety Testing
Market based on application, type, service, technology, and region. Each
chapter under this segmentation allows readers to grasp the nitty-gritty of the
market. A magnified look at the segment-based analysis is aimed at giving the
readers a closer look at the opportunities and threats in the market. It also
addresses political scenarios that are expected to impact the market in both
small and big ways. The report on the North America Food Safety Testing Market
examines changing regulatory scenarios to make accurate projections about potential
investments. It also evaluates the risk for new entrants and the intensity of
the competitive rivalry.
The report provides the current market size for North
America Food Safety Testing, defines trends and presents growth forecasts for
nine years from 2021 to 2028. 2020 is considered as the base year, and 2021 to 2028
is forecast year for the entire report. All the market numbers for revenue are
provided in US dollars. The market is analyzed by the supply side, considering
the market penetration of North America Food Safety Testing Market for all the
regions globally.
The scope of the North America
Food Safety Testing Market Report:
The research report focuses on the current market trends,
opportunities, future potential of the market, and competition in the North
America Food Safety Testing. The study also provides market insights and
analysis of the North America Food Safety Testing, highlighting the
technological market trends, adoption rate, industry dynamics, and competitive
analysis of major players in the industry.
The global North America Food Safety Testing Market is
segmented based on deployment, component, solution, application, and geography.
The segmentation in this research study has been finalized post in-depth
secondary research and extensive primary research. In addition, the market is
also segmented on the basis of products offered by the leading participants in
the industry in order to understand widely used market specific terminologies.
Thus, we have incorporated the segments of the research and have finalized the
market segmentation.
Major highlights of the report:
·
All-inclusive
evaluation of the parent market
·
Evolution
of significant market aspects
·
Industry-wide
investigation of market segments
·
Assessment
of market value and volume in past, present, and forecast years
·
Evaluation
of market share
·
Tactical
approaches of market leaders
·
Lucrative
strategies to help companies strengthen their position in the market
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America Food Safety Testing Market research report at@: https://www.businessmarketinsights.com/discount/TIPRE00026208
Note – The Covid-19 (coronavirus) pandemic is
impacting society and the overall economy across the world. The impact of this
pandemic is growing day by day as well as affecting the supply chain. The
COVID-19 crisis is creating uncertainty in the stock market, massive slowing of
supply chain, falling business confidence, and increasing panic among the
customer segments. The overall effect of the pandemic is impacting the
production process of several industries. This report on ‘North America Food
Safety Testing Market’ provides the analysis on impact on Covid-19 on various
business segments and country markets. The reports also showcase market trends
and forecast to 2028, factoring the impact of Covid -19 Situation.
Reason to Buy
·
Save and reduce time carrying out
entry-level research by identifying the growth, size, leading players and
segments in the global North America Food Safety Testing Market.
·
Highlights key business priorities in
order to guide the companies to reform their business strategies and establish
themselves in the wide geography.
·
The key findings and recommendations
highlight crucial progressive industry trends in the North America Food Safety
Testing Market, thereby allowing players to develop effective long-term
strategies in order to garner their market revenue.
·
Develop/modify business expansion plans
by using substantial growth offering developed and emerging markets.
·
Scrutinize in-depth global market trends
and outlook coupled with the factors driving the market, as well as those
restraining the growth at a certain extent.
Enhance the decision-making process by
understanding the strategies that underpin commercial interest with respect to
products, segmentation and industry verticals.
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