Food Testing Kits Market Recent Industry Trends and Projected Industry Growth by 2027

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Food Testing Kits Market to To Reach USD 3.03
Billion By 2026
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Market Summary
According to the current analysis of Reports and
Data, the global Food Testing Kits market was
valued at USD 1.78 Billion in 2018 and is
expected to reach USD 3.03 Billion by the year
2026, at a CAGR of 6.8. The market is expected
to face a favourable growth scenario as it offers
many benefits over conventional technologies. The
conventional methods of detecting foodborne
pathogen are time-consuming as well as laborious.
Generally, the conventional methods require
almost 2 to 3 days for preliminary identification
and more than a week for confirmation of the
species of the pathogens. In addition, since
these tests rely on culturing the microorganisms,
chances of false-negative results due to viable
but non-culturable (VBNC) pathogens are high.
However, the kits today offer high specificity
and sensitivity. These kits are being
increasingly preferred for food quality
inspections due to the ease of use and the
technical precision used while manufacturing them.
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Our Approach
Market Summary

• The Asia Pacific region is expected to project
  the highest CAGR due to the increasing need to
  comply with the food testing norms and increased
  investment into the qualitative aspect of the
  food industry by the governments. In addition,
  increasing approval of food testing kits by the
  regulatory authorities in the region is likely to
  drive demand. For instance, in June 2019, the
  Food Safety and Standards Authority of India
  (FSSAI) gave provisional approval to 19 Rapid
  Analytical Food Testing (RAFT) kits and devices.
  The approval was given so that the concerned
  companies as well as laboratories could get
  quicker and validated results for tests conducted
  on various categories of products such as edible
  oil and milk.
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Our Approach
Market Summary

• Key takeaways of the Food Testing Kits market
  report has been enlisted below
• A comprehensive overview of the competitive
  landscape of the Food Testing Kits market that
  examines the market position of leading companies
  like Romer Labs, Thermo Fischer, Intertek,
  Qiagen, Biomérieux, Eurofins Scientific, Agilent,
  Bio-Rad, PerkinElmer, and Millipore Sigma. In
  October 2018, Eurofins Scientific, a global
  scientific leader in bioanalytical testing,
  announced acquiring EnvironeX Group Inc, a
  leading provider of testing services to the
  Environment, AgriFood and Health
  Pharmaceuticals sectors. have been studied
  elaborately in the study.
• A brief description of all manufacturers,
  products range, and product applications have
  been also been provided.
• The report underlines information pertaining to
  the leading organizations based on their market
  positions as well as revenue generated.
• The report also includes the companies reported
  profit margins and pricing structure.

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Our Approach
Market Summary

• Target Tested (Revenue, USD Million 20162026)
• Allergens
• Mycotoxins
• Pathogens
• GMOs
• Meat Species
• Pesticide Residues
• Others
• Sample Tested (Revenue, USD Million 20162026)
• Meat, Poultry and Seafood Products
• Dairy Products
• Fruits and Vegetables
• Cereals, Grains and Pulses
• Nuts, Seeds and Spices
• Packaged Foods
• Others
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Our Approach
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