Lucintel Anticipates that North America will be the Fastest Growing Region in the Food Safety Testing Market
DALLAS, TX / ACCESSWIRE / February 11, 2021 / According to a market report by Lucintel, the future of the food safety testing market looks promising with opportunities in food and beverage industries. The food safety testing market is expected to grow with a CAGR of 7% from 2019 to 2024. The major growth drivers for this market are increase in outbreaks of foodborne illnesses, globalization of food supply, availability of advanced rapid technology, increase in demand for convenience and packaged food products, and rise in outbreaks of chemical contamination in food processing and manufacturing industries.
To download report brochure, please go to https://www.lucintel.com/food-safety-testing-market.aspx and click “report brochure” tab from the menu.
In this market, pathogens, pesticides, genetically modified organisms (GMOs), and toxins are the major contaminants.
North America will remain the largest market over the forecast period due to a growing awareness on food safety, improved consciousness on health benefits and technological advancements, changing lifestyle, and government support for new product development.
SGS, Bureau Veritas, Intertek Group, Eurofins Scientific, TUV SUD AG, ALS, TUV Nord Group, Asurequality, Laboratory Corporation of America Holdings, and Mérieux Nutrisciences are among the major manufacturers in the food safety testing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the food safety testing market by end use industry, contaminant, technology, and region. Lucintel has prepared a comprehensive research report titled “Food Safety Testing Market 2019-2024: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the food safety testing market by end use industry, contaminant, technology, and region as follows:
By End Use Industry [$M shipment analysis for 2013 – 2024]:
- Dairy Products
- Food Grains
- Meat and Poultry
- Fruits and Vegetables
- Processed Foods
- Beverages
- Others
By Contaminant [$M shipment analysis for 2013 – 2024]:
- Pathogens
- Pesticides
- Genetically Modified Organisms (GMOs)
- Toxins
- Others
By Technology [$M shipment analysis for 2013 – 2024]:
- Traditional Methods
- Rapid Methods
By Region [$M shipment analysis for 2013 – 2024]:
- North America
- United States
- Canada
- Mexico
- Europe
- UK
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/food-safety-testing-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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SOURCE: Lucintel
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