The food pathogen testing market was estimated to be valued at USD 7.42 Billion in 2015. The market is projected to grow at a CAGR of 7.8% during the forecast period. The increase in outbreaks of foodborne illnesses, and stringent safety & quality regulations for food are the factors driving this market.
The years considered for the study are as follows:
- Base year – 2014
- Estimated year – 2015
- Projected year – 2020
- Forecast period – 2015 to 2020
The objectives of the report
- To define, segment, and project the global market size for food pathogen testing
- To define, segment, and forecast the size of the food pathogen testing market with respect to type, food type, technology, and region
- To analyze the market structure by identifying various subsegments of the global food pathogen testing market
- To provide detailed information about the crucial factors that are influencing the growth of the market (drivers, restraints, opportunities, and challenges)
- To analyze opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
- To forecast the size of the global food pathogen testing market and its various submarkets with respect to four main regions, namely, North America, Asia-Pacific, Europe, and the Rest of the World (RoW) along with their respective key countries
- To strategically profile the key players and comprehensively analyze their core competencies
- To analyze competitive developments such as new service launches, mergers & acquisitions, expansions & investments, partnerships, agreements, joint ventures, and collaborations in the food pathogen testing market
Research Methodology:
- Major regions were identified, along with countries contributing the maximum share
- Secondary research was conducted to find the value of food pathogen testing for regions such as North America, Europe, Asia-Pacific, and RoW
- The key players have been identified through secondary sources such as the Food & Drug Administration (FDA), the United States Department of Agriculture (USDA), and the Canadian Food Inspection Agency (CFIA), while their market share in respective regions has been determined through both, primary and secondary research. The research methodology includes the study of annual and financial reports of top market players, as well as interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative) in the food pathogen testing market.
- The various contributors involved in the value chain of the food pathogen testing market include R&D institutes, food pathogen testing service providing companies as SGS, Bureau Veritas, Intertek, Eurofins, pathogen testing equipment manufacturing companies, and government bodies & regulatory associations such as the United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Safety Authority (EFSA).
Food&farming 