The global food testing kit market is projected to grow at a CAGR of 6%-8% during 2020-2025. The growth of food testing kit market is driven by increasing cases of infectious gastrointestinal diseases and need to retain the nutritional values of food items.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the food testing kit market by
target tested (pathogens, meat species, GMOs, allergens, and mycotoxins),
technology (PCR, immunoassay, and enzyme substrate based), sample (meat,
packaged food, cereals, grains, and dairy & nuts), and region (North
America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the food testing kit market?
Q.4 What are some
changing demands of customers in the food testing kit market?
Q.5 What are the new
developments in the food testing kit market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this food testing kit area and how big of
a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this food testing kit market?
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Market Segmentation:
Based on target tested,
the food testing kit market is segmented into pathogens, meat species, GMOs,
allergens, and mycotoxins. The pathogens segment accounted for the largest
share of the market in 2020 as most of the foodborne illnesses are caused by
pathogens.
North America is
expected to be the largest region over the forecast period over the forecast
period due to increasing export activities, which need onsite testing and
faster test results to meet the standards & regulations enforced by
different countries and regions.
Key Players in the food testing
kit market are Thermo Fisher, Agilent, Eurofins, bioMérieux, Neogen,
PerkinElmer, Bio-Rad, QIAGEN, EnviroLogix, and IFP Institut Für Produktqualität.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/food-testing-kit-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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