Food Pathogen Testing Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate

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Food Pathogen Testing Market to exceed 5.5bn by
2024
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Key Insights from Food Pathogen Testing Market

• Food Pathogen Testing Market size is estimated to
  exceed USD 5.5 Billion by 2024 according to a
  new research report by Global Market Insights,
  Inc. Necessity to ensure health safety along
  with increasing consumer awareness has enhanced
  the food pathogen testing market growth. Growth
  in global processed meat dairy industry along
  with increasing vegetables consumption will drive
  the industry demand.
• Stringent safety norms by FDA, FAO and EU have
  enhanced the product demand. Government support
  along with rising influence of media reports on
  diseases caused due to contaminants are the key
  factors supporting food pathogen testing market
  size.
• Rising health concerns including illnesses,
  toxicity, and poisoning due to presence of
  contaminants in edible products has enhanced the
  product scope. Inclination towards better
  quality, hygienic and organic products
  particularly in developed nations will drive the
  industry demand.
• Rapid globalization along with increasing trade
  of food products has resulted in increased
  occurrences of transmissible diseases. For
  instance, bird flu, caused mainly due to
  consumption of chicken was originated in Italy in
  1878.

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Continued...

• Meat poultry market will worth over USD 900
  million by 2024. Rising incidences of
  transmissible diseases due to processed meat
  consumption including H1N1 virus will fuel the
  product scope. Increasing consumer awareness
  pertaining to infectious diseases and safety
  labels will drive the demand.
• North America food pathogen testing market will
  witness gains over 6.5 up to 2024. Increasing
  investment in pharmaceuticals accompanied by
  numerous government initiatives to reduce disease
  occurrences caused due to contaminants will
  propel the regional demand.
• Asia Pacific was valued over USD 700 million in
  2016. Changing income trends and improving
  standard of living along with technological
  innovations are the key factors driving the
  industry demand. Rising demand for processed
  edible products particularly from millennials has
  enhanced the product penetration.
• Global food pathogen testing market is moderately
  consolidated due to presence of few industry
  players. Top three industry players hold around
  45 of the global share. Bureau Veritas, SGS, Det
  Norske Veritas, Lloyds Register Quality
  Assurance, Genon Laboratories and Intertek are
  the major industry participants.

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U.S. Food Pathogen Testing Market, By
Contaminant, 2013-2024, (Million tests)

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