Food testing is a method to know the components present in a food mixture, this helps in delivering safe, quality products which can meet national and international regulations. Growing outbreaks of food-borne diseases raise the concern for food safety which is expected to grow the market. Increasing demand for convenience food products along with raising awareness among the consumers for food safety is anticipated to propel the growth of the market. Stringent regulations by the government for regulating food quality are further expected to boost the market. Technological innovations to develop advanced testing methods and equipment for the testing industry are creating new opportunities for the market to grow. Moreover, the rise in outbreaks of chemical contamination in food processing industries is expected to surge the growth of the market. However, the high cost associated with the food testing equipment along with the lack of development of food safety standards in emerging economies is expected to hamper the market. The market is segmented on basis of technology, component tested, food tested, and geography. Based on food tests, fruits and vegetable is expected to hold a significant share in the market due to the high susceptibility to contamination as demand for fruits and vegetables is increasing. Geographically, Europe is projected to be a substantial shareholder in the market during the forecasted period due to the presence of major food testing companies along with continuous investment and collaboration for the development of advanced testing technologies in countries like Germany.
Stringent regulations for food safety.
Rising cases of food adulteration and foodborne diseases
The high procurement cost of food safety testing equipment.
In August 2018, Eurofins acquired Covance Food Solutions to expand its business in U.S.
In April 2019, Bureau Vertias acquired Shenzhen Total – Test to further expand their market in China.
In March 2019, Neogen launched coconut food allergens test kits which include products Reveal 3-D and Veratox for testing food and beverage samples of coconut.
The major players profiled in the food testing services market are Eurofins, Bureau Vertias, Neogen Corporation, Asurequality, Intertek, Als Limited, Rj Hills Laboratories, TUV Nord Group, Romer labs and Mérieux.
The food testing services market has been analyzed through the following segments:
By Component Tested
By Food Tested
Food and Vegetables
Cereals and Grains
Poultry and Seafood
Middle East and Africa
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. FOOD TESTING SERVICES MARKET BY TECHNOLOGY
6. FOOD TESTING SERVICES MARKET BY COMPONENT TESTED
7. FOOD TESTING SERVICES MARKET BY FOOD TESTED
7.1. Fruits and Vegetables
7.2. Cereals and Grains
7.3. Poultry and Seafood
7.4. Dairy Products
8. FOOD TESTING SERVICES MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.5. Asia Pacific
8.5.3. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.2. Bureau Vertias
10.3. Neogen Corporation
10.6. Als Limited
10.7. Rj Hills aboratories
10.8. TUV Nord Group
10.9. Romer labs
LIST OF FIGURES
LIST OF TABLES
Rj Hills Laboratories
TUV Nord Group
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