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News

New Report Analyzes Growth Prospects for Global Food Safety Testing Market

August 15, 2013

Now available from Reportlinker.com is the new market research report, "Global Food Safety Testing Market Analysis," published by the Indian firm RNCOS.

International trade has led to interconnectivity and dependency, which has complicated the food production system and lengthened the food supply chain, according to a Reportlinker.com press release. As a result, reduced insights into the safety of raw materials and products being imported raise doubts over the safety of the food available in the market.

According to "Global Food Safety Testing Market Analysis," the growing number of participants in the global food market, increased oversight and monitoring of the manufacturing and supply processes, and the introduction of new automation technologies, will be instrumental in the enormous growth RNCOS foresees in the global food testing market. Globalization of food trade, rising consumer awareness about the safety of their food products, increased incidences of foodborne diseases and automation in food testing labs will be the major drivers for that growth.

The RNCOS report notes that pathogen testing is the largest segment of the food testing market. The report also covers other key segments, such as testing for GMOs and pesticide residues.

RNCOS' report highlights key geographical markets, such as the United States, that are adopting high-tech food testing programs to minimize risks from contamination. Policy decisions such as Food Safety Modernization Act are being taken up to shift the focus towards prevention. On the other hand, Europe — one of the largest importers of food — has been restricting itself to traditional testing technologies. In comparison, developing nations such as India and China are going through a transformation phase, backed by increased government spending. The report analyzes the food safety testing market in these areas, within the context of emerging technologies and regulatory reforms. According to RNCOS' study, regulatory amendments and technological developments indicate that the industry will experience prodigious growth in the future.


Author(s): Staff

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