(Food-Beverage-News.Com, May 26, 2017 ) As per the syndicated report published by Market Data Forecast Europe Food Safety Testing Market which is expected to be USD 3.06 billion in 2016 is poised to reach USD 4.37 billion by 2021, at a CAGR of 7.35% from 2016 to 2021.It can attribute to the factors such asrise in the number of foodborne illnesses, increasing demand for pathogen testing, and better consumer cognizance. Also, growing consumer awareness about GMO products and strict EU regulations have improved the GMO testing market. Issue of time and cost are the essential factors hampering the growth of this market.
Food supply is under tenacious threat, and there is an intense need for realistic test products that can safeguard food safety.
Microbial pathogens such as environmental toxins, bacteria,viruses, food allergens, agricultural chemicals and residues of drugs can damage consumers, if unrestricted. Primary reasons that cause food contamination are shortcoming in processing and treating the food to put an end to toxins and other impurities, polluted input food materials and incorrect handling of food. Europe Food Safety Testing Market is segmented based on Contaminant,Food Type and Technologyas mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
ALS Limited, Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, DTS Laboratories and Silliker Inc.are the major players operating in the Europe Diagnostic Imaging Market. Food safety is an extremely vital issue not only for frozen, processed or canned products, but also for farm-fresh products to ascertain the fact that these products are risk-free for consumption. Chemicals and contaminants which may make an entry at any stage of the food value chain from manufacture still it reaches the consumers, are the first food poisoning causes, which has raised need to test such toxins.
TheFood Safety Testing Market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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