The "Global Food Safety Testing Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offerings.
According to the report, the global food safety testing market was valued at $11,122.53 million in 2016 and is further expected to witness a CAGR of 7.2% during the forecast period of 2018-2023. Food supply and quality of food are under constant threat globally, and there is a growing demand for effective test products that can ensure food safety.
The practice of food safety testing has gained considerable significance over the past years, owing to growing incidences of foodborne illnesses and poisoning by contaminated food products. This necessitates the robust and effective system in place to ensure food security as well as food safety.
Key Highlights
- Rising healthcare cost due to gaps in food safety testing
- Rising consumer awareness amidst foodborne illness incidences
- Pathogen-testing type leads the overall market
- Asia-Pacific poised at highest growth rate
For more information, visit https://www.researchandmarkets.com/research/7f84pz/the_global_food?w=4
Latest from Quality Assurance & Food Safety
- Preparing for the Fall Surge of Rodents
- Ferrero Opens New $214-Million Kinder Bueno Production Facility in Illinois
- Klöckner Pentaplast Launches Duo of Recyclable Barrier Flow Wrap Films
- Key Technology, WECO, PPM Technologies and Multiscan Announce Northern California Nut Processing Group
- Save A Lot Rolls Out Automated Solution for FSMA 204 Food Traceability
- USDA Releases Statement on East Coast and Gulf Coast Ports
- Mart Frozen Foods Opens $65-Million Food Manufacturing Facility in Southern Idaho
- Fourth Annual Seeding the Future Global Food System Challenge to Open Nov. 1