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Food Diagnostics: Worldwide Market Insights & Projections to 2023 - ResearchAndMarkets.com

May 21, 2019

DUBLIN--(BUSINESS WIRE)--May 21, 2019--

The “Food Diagnostics Market by Type (Systems and Consumables), Type of Test (Safety and Quality), Food Tested (Meat, Poultry, & Seafood, Dairy products, Processed Foods, Cereals & grains, and Fruits & Vegetables), and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global food diagnostics market size is projected to grow from USD 12.1 billion in 2018 to USD 17.1 billion by 2023, at a CAGR of 7.1% during the forecast period. In this report, the food diagnostics market has been studied on the basis of type, food tested, type of test, and region.

The growth in the food diagnostics market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply.

The global market for food diagnostics is dominated by major players such as 3M Company (US), Thermofisher Scientific (US), Merck KGAA (Germany), BioMrieux (France), Bio-Rad Laboratories (US), Neogen Corporation (US), Biorex Food Diagnostics (UK), Randox Food Diagnostics (UK), FOSS (Denmark), Hygiena LLC (US), Agilent Technologies Inc. (US), Qiagen (Germany), Envirologix Inc. (US), and Gen-ial GmbH (Denmark).

Market Dynamics

Drivers

  • Increase in Global Outbreaks of Foodborne Illnesses
  • Growing Preference for Onsite Testing
  • Globalization of Food Trade
  • Increase in Food Processing Necessitates Safety Testing With Faster Results
  • Increased Innovation and Acceptance of PCR, Chromatography, and Immunoassay-Based Technologies

Restraints

  • Variations in Sample Collection and Preparation Standardization
  • Lack of Coordination Between Market Stakeholders and Improper Enforcement of Regulatory Laws & Supporting Infrastructure in Developing Countries

Opportunities

  • Increased Budget Allocations and Spending on Food Safety
  • Technological Advancements in the Testing Industry

Challenges

  • Complexity in the Quantification of Test Results
  • High Costs Associated With the Procurement of Rapid Food Testing Equipment

Key Topics Covered

1Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Food Diagnostics Market

4.2 Food Diagnostics Systems Market: Major Countries/Regions

4.3 Europe: Food Diagnostics Systems Market, By Type and Country

4.4 Food Diagnostics Market, By Food Tested and Region

4.5 Food Diagnostics Market, By Type of Test, 2018 vs. 2023

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.3 Supply Chain Analysis

6 Regulations for Food Safety & Disease Prevention

6.1 Introduction

6.2 International Body for Food Safety Standards & Regulations

6.3 Global Food Safety Initiative (GFSI)

6.4 North America

6.5 Europe

6.6 Asia Pacific

6.7 Rest of the World

7 Food Diagnostics Market, By Type

7.1 Introduction

7.2 Diagnostics Systems

7.3 Diagnostics Consumables

8 Food Diagnostics Market, By Type of Test

8.1 Introduction

8.2 Safety

8.3 Quality

9 Food Diagnostics Market, By Food Tested

9.1 Introduction

9.2 Meat, Poultry and Seafood Products

9.3 Processed Food

9.4 Fruits & Vegetables

9.5 Dairy Products

9.6 Cereals & Grains

9.7 Others

10 Food Diagnostics Market, By Region

10.1 Introduction

10.2 Europe

10.3 North America

10.4 Asia Pacific

10.5 Rest of the World (RoW)

11 Competitive Landscape

11.1 Introduction

11.2 Competitive Leadership Mapping

11.3 Start-Up Microquadrant

11.4 Food Diagnostics Market Share Analysis, By Key Player, 2018

11.5 Competitive Scenario

12 Company Profiles

12.1 3M Company

12.2 Merk KGaA

12.3 Thermo Fisher Scientific Inc.

12.4 Danaher Corporation

12.5 Agilent Technologies Inc.

12.6 bioMerieux S.A.

12.7 Bio-Rad Laboratories Inc.

12.8 Neogen Corporation

12.9 Biorex Food Diagnostics

12.10 Randox Food Diagnostics

12.11 Foss

12.12 Hygiena LLC

12.13 Qiagen

12.14 Envirologix Inc.

12.15 Gen-Ial GmbH

For more information about this report visit https://www.researchandmarkets.com/r/rnfj7a

View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005548/en/

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Related Topics:Food Safety

KEYWORD:

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

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