Study: Pathogen testing to lead global food safety testing market by 2025
The processed food segment contributed about one-third share of the total market in 2017, and will continue to maintain its dominance through 2025.
Increasing cases of foodborne illnesses due to food contamination and rising consumer inclination toward better quality and safe food are expected to fuel the demand for pathogen testing in the global food safety testing market by the end of forecast period, according to a report published by Allied Market Research, Portland, Ore.
The study, “Food Safety Testing Market by Contaminant (Pathogens, Genetically Modified Organisms (GMO), Chemicals & Toxins and Others), Food Tested (Meat & Meat Products; Dairy & Dairy Products; Cereals, Grains, and Pulses; Processed Foods; and Others), Technology (Agar Culturing, PCR-Based Assay, Immunoassay-Based, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2025,” reveals the global food safety testing market was valued at $13.14 billion in 2017, and is estimated to reach $23.20 billion by 2025, registering a CAGR of 7.3% from 2018 to 2025.