TechNavio recognizes the following companies as the key players in the Global Food Safety Testing Market: SGS S.A., Bureau Veritas S.A., Intertek Group plc, and DNV Group.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Food Safety Testing market is witnessing increased adoption of the rapid testing methods. These methods are cost-effective and take less time to yield results than the traditional testing methods. They use highly technically-advanced biosensors and immunoassays to test for food pathogens such as Salmonella, E-coli, Listeria, Campylobacters, and others. PCR-based and immunoassay-based methods were highly popular in 2012 and they accounted for more than 25 percent of the total microbiology tests conducted.”
According to the report, one of the major drivers is the increasing number of food poisoning cases. The recent food poisoning cases in Europe and the US have forced consumers to accept only inspected, tested, verified, and certified food products.
Further, the report states that one of the major challenges is the increased vendor competition. The market for food safety testing services is promising due to the urgent need to test food products. This is attracting several global and local vendors to the market, thereby fragmenting the market. This decreases the global vendors’ shares and revenue in the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are 3M Co., Accugen Laboratories Inc., Adpen Laboratories Inc., Avomeen Analytical Services, Bio-Rad Laboratories Inc., Campden BRI, EMSL Analytical Inc., Eurofins US, Genon Laboratories Ltd., Idexx Laboratories Inc., MVTL Laboratories Inc., Romer Labs Division Holding GmbH, and Spectro Analytical Labs Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-food-safety-testing-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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