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Showing posts with label Food Safety Products Market. Show all posts
Showing posts with label Food Safety Products Market. Show all posts

Thursday, 15 December 2016

Food Safety Products and Testing Market Rising as Growing Employment of Technologically Advanced Equipment & Techniques

Global Food Safety Products and Food Safety Testing Market: Overview

The global food safety products and food safety testing market has been exhibiting substantial growth over the last couple of years owing to the rising prevalence of food-borne disease worldwide. The growing awareness regarding the rising incidences of food borne diseases and the employment of technologically advanced equipment and techniques are further expected to fuel the adoption of food safety products and food safety testing equipment. Concerns regarding food safety have impelled consumers to adopt food safety tests and food safety products. The primary challenges that the food industry faces today are traceability, identification, and prevention of food contaminants. The implication of stringent regulations regarding food safety to prevent contamination of food has impelled food product manufacturers and consumers have increased the use of food safety tests and food safety products.


With the progress of food and beverage manufacturing industry and expansion of the food service industry, the global market for food safety products and food safety testing is also expected to grow. The sales of several diagnostic test products are likely to increase over the next couple of years due to the projected rise in the inspection of food plants. However, the growth of the market is likely to be adversely impacted by the lack of awareness among people in developing economies. The disorganization in the regulatory systems is further expected to hinder the growth of the global food safety products and food safety testing market.

The global food safety products market is expected to rise at an 8.6% CAGR between 2010 and 2018. It is projected to touch US$19.42 bn by the end of 2018 from a valuation of US$10.15 bn in 2010. Likewise, the global market for food safety testing market is expected to touch a valuation of US$4.89 bn by 2018, rising at a CAGR of 8.5% during the forecast period.

Processed Food Products to Dominate Market owing to Changing Taste Preferences

In terms of consumption, the processed food segment emerged dominant in 2011 with a share of almost 36%. This segment was closely trailed by the dairy products segment accounting for a share of 22% in 2011 in the global food safety products and food safety testing market. However, the meat and poultry products segment is likely to exhibit a strong CAGR of 7% owing to the rising consumption of dairy products.

Europe to Lead Market with 34% Share

In 2011, the global food safety products and food safety testing market was dominated by Europe with a share of 34%. The region was closely trailed by Asia Pacific and North America. It has been predicted that by the end of 2018, the market in Asia Pacific will grow significantly owing to improvement in safety standards.

Some of the prime players in the market are Ecolab Incorporated, IDDEX Laboratories Inc., Douglas Scientific, 3M Company, Biomerieux SA, Thermofischer Scientific, and Biocontrol Systems.

Tuesday, 26 July 2016

Globalization of Food Trade to Fuel Demand for Food Safety Products, Says TMR

The global food safety products market is highly fragmented with the focus of most companies on the reduction of equipment cost and time needed for the test. Key players operating in the market include: Covance Inc., Eurofins Central Analytical Laboratories, Genevac Ltd, Hach Company, and Hardy Diagnostics. Although there exist high entry barriers to the market owing to strict regulatory scenarios, new entrants have a lot of freedom to operate in the market. Thus, the threat of new entrants is expected to be medium. The food safety products market is extremely price-sensitive, states a new report by Transparency Market Research (TMR).

The market is moderately concentrated on a global scale but extremely fragmented on a regional scale. For instance, the regulatory norms in the U.S. is extremely stringent, however they are extremely relaxed in Asia Pacific. The degree of competition is anticipated to be high in the coming years. Companies are patenting their products to gain a competitive edge. Case in point. BioControl Systems Inc has patented its product The Coli Complete, restraining rivals from using products with similar chemical composition.

Growth in Processed Food Market Boosts Demand for Food Safety Products

The expanding food and beverage industry and growing concerns over the quality of food are propelling the global food safety products market. The rising number of disease outbreaks owing to incidences of food poisoning and contamination are also fueling the growth of the market. As per WHO, food borne diseases have caused 2.2 mn deaths in 2010.

The growing processed food market across the globe is aiding the growth of the global food safety products market. Processed foods such as dairy dried processed food, ready to eat meals, baby food, and canned and preserved food require hygiene and sanitation. This is because these products pass through various players in the value chain, thus arising the need for food safety products.


The globalization of food supply trade is another factor that is causing a heightened demand for food safety products. The growing population has caused a rise in the import, export of food products. This in turn has increased the level of adulteration owing to inadequate monitoring and control over the manufacturing units, subsequently giving a rise to the demand for food safety products.

Different Tests Required for Different Food Types Act as Major Challenge for Market Players

The major challenge faced by the global food safety products market is the necessity of having different types of tests for different food products, states TMR. For testing different pathogens and chemicals present in various food products, different tests are required, thus creating a need for technological advancements and upgradation. Lack of food safety awareness in developing countries is another factor restraining the growth of the market. The misalignment in the value chain is yet another challenge gripping the global food safety products and testing industry.

Untapped Asia Pacific Market Offers Huge Growth Opportunities for Companies

The market in Asia Pacific is anticipated to expand at a significant pace owing to the demand for safe food products from consumers of emerging companies such as China and India. These countries are driving the food safety products and testing market in the region. The untapped Asia Pacific market thus, holds lucrative opportunities of growth for market players. Another factor that will open new avenues for growth in the global food safety products and testing market is the integration of players with food diagnostic companies.

By geography, Asia Pacific is expected to lead in the food safety products market by 2018, overtaking North America. Asia Pacific is also expected to emerge as the leading regional segment in the global food safety testing market by 2018. By type, the global food safety products market is expected to be led by the disinfection products segment. By testing method, the rapid method segment is expected to lead in the global food safety testing market in the future.

According to the report, the global food safety products market is expected to be worth US$19.4 bn by 2018. The global food safety testing market is expected to be worth US$4.8 bn by the end of 2018.

This information is based on the findings of a report published by Transparency Market Research titled “Food Safety Products Market and Food Safety Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2010 - 2018.”

The global food safety products and food safety testing market is segmented as follows:

Food Safety Products Market Types:
  • Disinfection Products
  • Diagnostic Products
  • Disposable Gloves
  • Smart Labels & Tags
  • Software Tracking Systems
Food Safety Testing Market, by Contaminants:
  • Pathogens
  • Pesticides
  • Genetically Modified Organisms (GMOs)
  • Toxins
  • Others
Food Safety Testing Market, by Pathogens:
  • Listeria
  • Salmonella
  • Coli
  • Campylobacter
  • Others
Food Safety Testing Market, by Food Types:
  • Processed Foods
  • Meat & Poultry
  • Dairy Products
  • Fresh & Frozen Fruits & Vegetables
  • Others
Food Safety Testing Market, by Technology:
  • Traditional Methods
  • Rapid Methods
Food Safety Rapid Testing Market, by Types:
  • Convenience-Based Methods
  • Immunoassay-Based Methods
  • PCR-Based Methods
  • Other Molecular-Based Methods
Food Safety Products Market, by Geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Wednesday, 25 May 2016

Food-related Ailments Drive Global Food Safety Products Market and Food Safety Testing Market at 8.6% and 8.5% CAGR, Respectively

Transparency Market Research has recently published a new research report that discusses the factors negatively impacting the food and beverages industry and thereby propelling need for global food safety products market and food safety testing. The research report, titled “Food Safety Products Market And Food Safety Testing Market - Global Industry Size, Market Share, Trends, Analysis And Forecast 2010 - 2018,” explains factors influencing the segments of the overall market by using SWOT analysis. Furthermore, it also uses Porter’s five forces analysis to highlight the intensity of competitive rivalry, the threat of substitute products or services, the threat of new entrants, the bargaining power of customers, and the bargaining power of suppliers.

According to the research report, the global food safety products market was valued at US$10.15 bn in 2010 and is projected to reach US$19.42 bn by 2018, rising at a CAGR of 8.6% from 2010 to 2018. On the other hand, the global food safety testing market stood at US$2.56 bn in 2010 and is anticipated to reach US$4.89 bn by the end of 2018, surging at an 8.5% CAGR between 2010 and 2018.

The growth of the food safety products market and food safety testing market will be attributable to the high incidence of food-related diseases and ailments that are a result of various types of contaminants. Additionally, increasing concerns about food safety amongst consumers and strict regulatory framework laid down by policymakers is also augmenting the overall market. These strong market drivers are being tugged in this opposite direction by restraints such as poor rate of awareness about food safety in several underdeveloped and developing countries. Furthermore, disorganization in compliance regulation systems is also likely to hamper the growth of this market.

Regionally, Europe held a 34% share in the global food safety products and food safety testing market in terms of revenue in 2011. The European region was followed by Asia Pacific and North America. However, research indicates that in the coming few years the demand for food safety products and food safety testing in Asia Pacific will boom, making this region the fastest-growing market all through 2018.


As of 2011, the global food safety testing market was led by traditional tests, accounting for a share of 52% in the market in 2011. The rapid sharing methods followed this segment with the remaining 48% share in the market in 2011. Researchers predict that the rapid test segment will surpass However, the limitation of traditional methods to provide instant results will hamper its growth in the coming years, giving rapid tests a fair chance to move up the ladder by the end of 2018.

Some of the key players in the global food safety products market and food safety testing market are Biocontrol Systems Incorporated, Biomerieux SA, 3M Company, Thermofischer Scientific, Roka Bioscience, Bio-Rad Laboratories Incorporated, Agilent Technologies Incorporated, Douglas Scientific, EL DU Pont De Nemours & Co., IDDEX Laboratories INC, and Ecolab Incorporated. The research report profiles these players and provides a thorough analysis of the competitive landscape present in the overall market. Furthermore, it also provides an assessment of expansion plans, branding idea, business and marketing strategies, research and development activities, financial outlook, and investment plans of these companies for the near future.

The study presents a comprehensive assessment of the stakeholder strategies and overall market by segmenting the food safety market as below:

Food Safety Products Market, by Types:
  • Disinfection Products
  • Diagnostic Products
  • Disposable Gloves
  • Smart Labels & Tags
  • Software Tracking Systems

Food Safety Testing Market, by Contaminants:
  • Pathogens
  • Pesticides
  • Genetically Modified Organisms (GMOs)
  • Toxins
  • Others

Food Safety Testing Market, by Pathogens:
  • Listeria
  • Salmonella
  • Coli
  • Campylobacter
  • Others

Food Safety Testing Market, by Food Types:
  • Processed Foods
  • Meat & Poultry
  • Dairy Products
  • Fresh & Frozen Fruits & Vegetables
  • Others
Food Safety Testing Market, by Technology:
  • Traditional Methods
  • Rapid Methods

Food Safety Rapid Testing Market, by Types:
  • Convenience-Based Methods
  • Immunoassay-Based Methods
  • PCR-Based Methods
  • Other Molecular-Based Methods

The report provides cross-sectional analysis of all the above segments with respect to the following geographical markets:
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)


Wednesday, 18 May 2016

Increasing Food Retractions Catalyze Advancement of Improved Safety Technologies in Food Safety Testing Market

About 48 mn people are diagnosed with some kind of sickness, 128,000 get hospitalized, and 3,000 die each year from some kind of foodborne disease globally, as per recent data collected from the Centers for Disease Control and Prevention. Food supply on the global level is witnessing a continuous threat and accurate testing products that will ensure food safety are being highly demanded. Microbial pathogens such as viruses, bacteria, environmental toxins, residues of drugs, agricultural chemicals, and food allergens and adulterants may harm consumers if there is a lack of proper checking. Pathogen testing is the leading segment of the food safety products and food safety testing market.

Transparency Market Research (TMR) provides answers to a number of questions that may prove useful for upcoming players looking to invest in the market for food safety testing.


Q. What are the current key technologies gaining attention in the market?

The food safety testing market is emphasizing on technologies that are customizable and low-cost, enable rapid detection, and provide source identification. Key technologies involving the physical separation of contaminants, protection and packaging coatings, biosensors, and non-thermal and thermal interventions have been accepted within the food safety testing market. Hence, the requirement is to make more reliable, user-friendly, and precise materials and technologies offering the aforementioned properties. It has been observed that nanotechnology and nanomaterial-based technologies are gaining traction for carrying on swift pathogen testing.

In addition, a number of key sustainable technologies such as edible pathogen detection composition or edible coatings are predicted to gain dominance in the market beyond 2022. Furthermore, opportunities for the food safety technologies market are predicted to arise in hands-free wearable devices, rapid pathogen detector sensors, nanocomposite packaging, and smartphone mobile applications.


Q. What factors have brought about innovations in the food safety testing market?

The major drivers responsible for the increasing innovations in food safety are the strict requirements for food safety and quality being imposed by large fast food restaurants globally. This market is successful owing to the ability of large buyers of meat who enforce standards through process audits and testing. In addition, the increasing international trade also results in increased innovations in food safety. The demand from foreign buyers for high safety standards in testing products and the premium prices paid by these buyers will boost the overall innovation in food safety. Residue limit testing, labelling restrictions, and export and import testing will also result in new and improved testing methods by food laboratories to keep up with the volatile applicable laws.

Q. What are the key challenges that the market for food safety testing may experience?

Confusion over food regulations and standards amongst nations has created a lot of difficulty in establishing global food safety norms and has created uncertainties about the reliable set of food safety products to be adopted. In addition, the soaring cost of food safety technologies has also emerged as a key challenge for the market.


Monday, 14 March 2016

Food Safety Products and Testing Market Rising due to Increasing Outbreaks of Foodborne Diseases

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.


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.


Friday, 26 February 2016

Global Food Safety Products Market to Rise at 8.6% CAGR from 2010 to 2018

Transparency Market Research (TMR) has published a new market study, titled “Food Safety Products Market And Food Safety Testing Market – Global Industry Size, Market Share, Trends, Analysis And Forecast 2010 – 2018.” As observed by analysts at TMR, the global food safety products market, which stood at US$10.1 bn in 2010, is projected to be worth US$19.4 bn by 2018, expanding at a CAGR of 8.6% therein. Similarly, the global food safety testing market, which stood at US$2.5 bn in 2010, is expected to be worth US$4.8 bn by the end of 2018, registering a CAGR of 8.5% from 2010 to 2018.
The report points out that the increasing incidence of food-borne diseases and ailments that are associated with the presence of contaminants such as chemicals and pathogens is one of the major factors bolstering growth of the global food safety products market. In addition, rising awareness among consumers about consumption of qualitatively tested food and stringent regulatory norms that food manufacturers need to adhere to are favorable for the growth of the global food safety products and safety testing market.
On the contrary, the report also points out factors that are restraining the market’s growth. In developing and underdeveloped countries, lack of awareness among consumers about qualitative indices pertaining to food safety leads to product manufacturers not being strictly required to adhere to food safety regulations. Moreover, absence of standard compliance regulations for food safety at a regional level allows product manufacturers to expand operations and also leverage existing opportunities in the market.
By product, disinfection products were the largest segment and held a 43% share in the global market in 2011. This product segment, which had a valuation of US$4.4 bn in 2010, is poised to be worth US$8.3 bn by 2018, expanding at a CAGR of 8.2% for the period. However, smart labels and tags are expected to register the fastest growth at a CAGR of 9.1% from 2010 to 2018.
In terms of contaminant segmentation, the pathogens segment led the market, accounting for a 34% share in the global market in 2011. This is mainly due to their ubiquitous presence in meat and poultry food products. This segment was trailed by GMOs, toxins, and pesticides contaminant segments. Accounting for almost 42% of tests conducted for food safety, salmonella was registered as the leading pathogen in 2011.
In terms of the geographical breakdown of the global food safety products and food safety testing market, Europe contributed 34% of the revenue in the global market in 2011. This was followed by North America and Asia Pacific. However, according to the report’s findings, Asia Pacific will exhibit an exorbitant demand for food safety products and food safety testing to emerge as the fastest developing regional market by the end of 2018.
The report mentions top players in the market, namely Thermofischer Scientific, Douglas Scientific, Roka Bioscience, Bio-Rad Laboratories Incorporated, Biocontrol Systems Incorporated, Agilent Technologies Incorporated, IDDEX Laboratories INC., and Ecolab Incorporated.
The global food safety products and food safety testing market is segmented as follows:
Food Safety Products Market, by Types:
  • Disinfection Products
  • Diagnostic Products
  • Disposable Gloves
  • Smart Labels & Tags
  • Software Tracking Systems
Food Safety Testing Market, by Contaminants:
  • Pathogens
  • Pesticides
  • Genetically Modified Organisms (GMOs)
  • Toxins
  • Others
Food Safety Testing Market, by Pathogens:
  • Listeria
  • Salmonella
  • Coli
  • Campylobacter
  • Others
Food Safety Testing Market, by Food Types:
  • Processed Foods
  • Meat & Poultry
  • Dairy Products
  • Fresh & Frozen Fruits & Vegetables
  • Others
Food Safety Testing Market, by Technology:
  • Traditional Methods
  • Rapid Methods
Food Safety Rapid Testing Market, by Types:
  • Convenience-Based Methods
  • Immunoassay-Based Methods
  • PCR-Based Methods
  • Other Molecular-Based Methods
Food Safety Products Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Tuesday, 12 January 2016

Food Safety all the More Important as Food-borne Illnesses Spread

The global market for food safety products and food safety testing might never be unneeded. As long as the scope for food-borne illnesses exist, food testing will be an inherent part of the food and beverages industry. Even if we were to discount the intentional use of harmful chemicals and products in the food we eat, there will still be a sizeable margin left for human error and the use of chemicals presumed to be non-toxic. With the recent increase in the number of patients suffering from food poisoning, the global food safety products and food safety testing market could witness a significant rise.

Browse full Food Safety product & testing market report at:http://www.transparencymarketresearch.com/food-safety-products-market.html

Projected to exhibit a CAGR of 8.60% between 2010 and 2018, the global food safety products and food safety testing market can be expected to rise from US$10.1 bn in 2010 to US$19.4 bn by 2018. At the moment, the key players influencing and thriving in the global food safety products and food safety testing market are Ecolab, Bio-Rad Laboratories, Inc., IDDEX Laboratories, Inc., Roka Bioscience, Agilent Technologies, Inc., Douglas Scientific, Biocontrol Systems, Inc., and Thermo Fisher Scientific. Each company holds its own major stake in the market over single or multiple regions, depending on their reach.

Key Players in the Market and their Recent Activities

Thermo Fisher Scientific recently received the U.S. FDA’s approval for releasing a new set of tests for detecting allergen components in hazelnut, cashews, and walnuts. The firm is one of the topmost players in the global food safety products and food safety testing market and continues to grow alongside this market. This allows the company to use five new tests for IgE sensitization in the given product. The five new ImmunoCAP Allergen Components tests will be conducted in the lab systems provided by Phadia Laboratory Systems.


Food Testing in High Demand in Emerging Economies

From a geographical standpoint, the global food safety products and food safety testing market is already quite developed in North America and Europe. Europe led the market in 2011 with a share of 34% in the market, followed by North America and Asia Pacific. The future of the global food safety products and food safety testing market, however, resides in the exceptionally high demand posted by the emerging economies in the Asia Pacific region.

Smart Tags and their Effect on Food Testing’s Future

The largest product segment of the global food safety products and food safety testing market in 2011 was disinfection. With a 43% share in the market for that year, disinfection products were, and continue to be, the most sought-after products for food testing. Indeed, disinfection products are exhibiting a CAGR of 8.20% between 2010 and 2018. They totaled at US$4.4 bn in 2010 and can be expected to reach around US$8.3 bn by the end of 2018. The future of the global food safety products and food safety testing market could, however, lie in the rapidly expanding smart labels and tags segment.

Researchers from the Peking University, Beijing, had already been working on smart tags that can tell when a food or medicine product is spoilt. The tags change color from orange to green, signifying a range of food integrity between “100% fresh” to “100% stale”. With tech like this, the future of the global food safety products and food safety testing market could be built around instant procedures to test food and make it safer.


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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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