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(IT-NEWSWIRE.COM, January 05, 2019 ) The food testing kits market is projected to grow at a CAGR of 7.2% from 2017, to reach a projected value of USD 2.38 Billion by 2022. The growth of this market can be attributed to the inclination of customers toward faster and reliable test results, growth in incidences of foodborne illnesses, globalization of food trade, increase in preference for on-site testing, and stringent international food safety regulations.
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The food testing kits market, based on target tested, is segmented into pathogens, meat species, GMOs, allergens, and mycotoxins. The pathogens segment is estimated to dominate the market with the largest share in 2017, due to global occurrences of incidences such as foodborne illnesses caused by pathogens. In developed countries, millions of cases of infectious gastrointestinal diseases are reported each year due to foodborne pathogens, costing them billions of dollars in medical care and lost productivity.
Food Testing Kits Market, By Sample
7.1 Introduction
7.2 Meat, Poultry, and Seafood Products
7.3 Dairy Products
7.4 Packaged Food
7.5 Fruits & Vegetables
7.6 Cereals, Grains & Pulses
7.7 Nuts, Seeds, and Spices
7.8 Others
Food Testing Kits Market, By Technology
8.1 Introduction
8.2 PCR-Based
8.3 Immunoassay-Based
8.4 Enzyme Substrate-Based & Others
9 Food Testing Kits Market, By Target Tested
9.1 Introduction
9.2 Allergens
9.3 Mycotoxins
9.4 Pathogens
9.5 GMOs
6 Meat Species
7 Others
10 Food Testing Kits Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia & New Zealand
10.4.5 Rest of Asia Pacific
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The food testing kits market, based on sample, is segmented into meat, poultry, and seafood; dairy products; packaged food; fruits & vegetables; cereals, grains, and pulses; and nuts, seeds, and spices. The meat, poultry, and seafood segment is estimated to dominate the market in 2017 and is projected to grow at the highest CAGR through 2022.
The figure below shows the breakdown of the primaries on the basis of the company, designation, and region, conducted during the research study.
• By Company Type: Tier 1 -38%, Tier 2 -42%, and Tier 3 -20%
• By Designation: C level -45% and D level -55%
• By Region: Europe -70%, Asia Pacific-15%, North America -10%, and RoW -5%
The North American region is projected to dominate the food testing kits market by 2022. The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The market in this region is driven by the increasing export activities, which need onsite testing and faster test results to meet the standards & regulations enforced by different countries and regions.
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The key players such as Thermo Fisher (US), Agilent (US), Eurofins (Luxembourg), bio Mérieux (France), and Neogen (US)collectively accounted for a majority of the global food testing kits market. Other players in the market include PerkinElmer (US), Bio-Rad (US), QIAGEN (Germany),EnviroLogix (US), IFP Institut Für Produktqualität (Germany), Romer Labs (Austria), and Millipore Sigma(US).
Reasons to buy this report:
• To get a comprehensive overview of the global food testing kits market
• To gain wide-ranging information about the top players in this industry, their service portfolios, and key strategies adopted by them
• To gain insights of the major countries/regions in which the food testing kits market is flourishing
ReportsnReports
Ms. Snehal
+ 18883915441
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Source: EmailWire.Com 
Source: EmailWire.com
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