Food Diagnostics Market:
The GMI Research forecasts that the food diagnostics market is witnessing an upsurge in demand during the forecast period. This is mainly due to the growing cases of foodborne outbreaks worldwide, along with the rising number of food recalls.
Food Diagnostics Market’s leading Manufacturers:
- 3M
- Thermo Fisher Scientific Inc.
- PerkinElmer Inc.
- Shimadzu Corporation
- Danaher
- Agilent Technologies, Inc.
- bioMérieux, Inc.
- Bio-Rad Laboratories, Inc
- NEOGEN Corporation
- FOSS India Pvt. Ltd.
Food Diagnostics Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Some of the major factors propelling the growth of the food diagnostics market size include growing cases of foodborne outbreaks worldwide, along with the rising number of food recalls. Moreover, the rapid increase in the international food trade and rising consumer awareness regarding food safety & quality are the major factors boosting the market growth during the forecast period. Several initiatives taken by various regulatory bodies will help in improving food safety across numerous geographies. Furthermore, the rising concerns associated with the quality and safety of food products due to the increasing number of food recalls have surged the emphasis on the microbiological quality and chemical analysis of food to make sure regulatory compliance for food safety.
The rapid technological innovation and growing use of culture-independent diagnostic tests like PCR assays and other antigen-based tests are some other factors fuelling the demand of the market during the forecast period. Regulatory bodies, including the CDC, FDA, and USDA, utilize new technologies like whole-genome sequencing for fast and effective monitoring of sources of foodborne illnesses. On the other hand, the factor that is hindering the market growth include the rising cost regarding the rapid technologies. The increasing focus on research and development activities and the growing necessity for accuracy and reliability of readings are certain factors contributing to the high cost of these diagnostics systems.
Regional Drivers
Based on the region, the Europe region is expected to dominate the market during the forecast period owing to the strict regulations being introduced by the regulatory and authoritative bodies in the region. Additionally, the recent foodborne outbreaks in Spain, coupled with the rising containment of meat products in the UK, is further leading to an upsurge in demand of the market during the forecast period.
Food Diagnostics Market Segmentation:
Segmentation by Type:
- Test Kits
- Systems
- Chromatography-Based
- Hybridization-Based
- Immunoassay-Based
- Spectrometry-Based
- Biosensors
- Other System Technologies
- Consumables
- Test Accessories
- Reagents
- Disinfectants
- Other Consumables
Segmentation by Site:
- Inhouse
- Outsourcing Facility
Segmentation by Food Tested:
- Processed Food
- Meat Poultry, & Sea Food
- Dairy Products
- Fruits & Vegetables
- Nuts, Seeds & Spices
- Cereals, Grains & Pulses
- Other Food Tested
Segmentation by Testing Type:
- Safety
- Quality
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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