Good Growth Opportunities in Food Testing Market till 2018, Finds New Research Report

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Food Testing Market By Technology (Polymerase
Chain Reaction, Mass Spectrometry,
Chromatography, Immunoassay, Nuclear Magnetic
Resonance) By Testing Type Geography - (2013 -
2018)
Published on 07 May, 2014 Number of pages
265 Single User Price 2850
The research methodology used to estimate and
forecast Food Testing Market begins with
capturing data on key vendor revenue through the
secondary research.
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Summary of the Report The global food testing
market represents the overall testing services
provided by contract laboratories and this market
has been further segmented with respect to
pathogens, food types and testing technologies
were analyzed in this report. The market size and
growth forecasts are with respect to the contract
laboratory testing services provided by companies
like SGS Group, Bureau Vertias, Eurofins and so
on. The global food testing market which includes
the food safety testing market is expected to
grow at a healthy growth rate of around 6 during
the forecast period of 2013 2018 to reach 4.63
Billion in 2018 from 3.45 Billion in 2013.      
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Topics Covered in this report The food testing
equipment market on the other hand is of 4.0
Billion with IR type of instruments occupying the
highest share in-terms of technology. Competition
from local companies with respect to instruments
OEMs is the major challenge for the food testing
market. Companies in China like Beijing Purkinje
General Instrument, Focused Photonics Inc,
Beifen-Ruili Analytical Instrument Group, and
Shanghai Techcomp Instrument Ltd are posing
challenges to global players like Agilent
Technologies, Shimadzu Corp, PerkinElmer and
Thermo Fisher Scientific in the laboratory
analytical instrumentation market. Key growth
strategy for the major testing products and
laboratory service providers is introduction of
low cost analytical instruments for market
penetration and aggressive expansion by
investment in new laboratory openings.
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The prominent equipment in the food testing
equipment category are Chromatographs and
Spectrometers. The combination of both the
equipment is being developed frequently by the
manufacturers to enhance the food testing
capabilities in the analytical laboratories.
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Food Testing Market By Technology (Polymerase
Chain Reaction, Mass Spectrometry,
Chromatography, Immunoassay, Nuclear Magnetic
Resonance) By Testing Type Geography - (2013 -
2018)
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Food Testing Market and future opportunities
are provided in the report.
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2013-2018 Market Research Report