Food
safety products and testing play a vital role in ensuring the safety
of various food products. Food safety products can be of various
types, depending on the contaminant against which they are used. The
global
food safety testing and products Market has received a strong
boost in recent years from the growing incidence of outbreaks of
foodborne diseases. The high technological refinement achieved by
companies operating in the field of food safety products and testing
and the consequent increase in consumer awareness and confidence have
also helped the global food safety products and testing market
massively.
According
to Transparency Market Research, a leading market intelligence firm,
the global market for food safety products is expected to rise at a
CAGR of 8.6% from 2010 to 2018, while the market for food safety
testing is expected to exhibit a CAGR of 8.5% in the same timeframe.
Disinfection
Products, Pathogen Testing Segments Lead Respective Markets
Among
the various products in the global food safety products market, the
segment of disinfection products took up a leading share of 43% in
2011. The market for disinfection products was valued at US$4.4 bn in
2010 and is expected to almost double in valuation at an 8.2% CAGR by
2018. Despite the unchallenged domination of the disinfection
products segments, the segment of smart labels and tags is expected
to exhibit the highest CAGR of all product segments – 9.1% from
2010 to 2018. Other major product segments of the food safety
products market are diagnostic products, software tracking systems,
and safety gloves.
Within
the food safety testing market, pathogen testing is the dominant
category, with a 34% share in 2011. Pathogens are abundantly present
in commonly consumed food products such as dairy and meat products,
leading to the high demand for pathogen testing. Salmonella emerged
as the dominant pathogen type, with around 42% of food safety tests
conducted to detect pathogen activity being aimed at preventing
salmonella outbreaks. Listeria is the second largest pathogen
segment, while testing for E. coli is expected to increase at the
highest CAGR in the coming years.
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Rising
Demand for Processed Food Boosts Food Safety Testing Market
Processed
food was the most tested food type in 2011, with 36% of all food
safety testing taking place on processed food. The rising
globalization of the food trade and rising preference for Western
foods in developing Asia Pacific and African markets are responsible
for the high demand for testing of processed food.
Dairy
products are the second largest consumers of food safety testing,
with a 22% share in the global food safety testing market in 2011.
The rising consumption of milk around the world and increasing export
of more durable dairy products have led to rising demand for food
safety testing in the dairy trade.
Stringent
Regulations Drive Europe Food Safety Products and Testing Market
The
Europe market for food safety products and testing accounted for 34%
of the collective revenue in the global market in 2011. The stringent
food safety protocols put in place in several European countries are
responsible for the high share of the Europe market for food safety
testing and products. However, the rising import and production of
various food products in Asia Pacific is expected to boost the
regional market for food safety products and testing; Asia Pacific is
expected to be the fastest-growing regional market for food safety
products and testing till 2018.
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