the Food Safety Testing & Diagnostics Market Will Reach $11.03BN in 2014, According to a New Report on ASDReports

Thursday 7 August 2014, Amsterdam

The new report now available on ASDReports, predicts that the world market for food safety testing and diagnostics will reach $11.03bn in 2014. This forecast and others appear in Food Safety Testing & Diagnostics Market Forecast 2014-2024: Opportunities for Leading Companies.

Quality and safety testing of food is an area of growing importance, where accurate analytical results are critical, be that for exporters, importers or government bodies. With rising globalisation levels, standardisation of food safety testing methods across the world becomes paramount to all food industry players and this will define the global food safety testing market in the foreseeable future.

Elena Rigney, Food Industry Analyst observed: “The promotion of a high level of food safety and quality is becoming of major importance world-wide. The presence of food borne pathogens and their potential hazard, the use of genetically modified organisms (GMOs) in food production, and the correct labelling of foods are among the subjects where society demands total transparency and that, without a doubt, will drive the Food Safety Testing & Diagnostics market over the next decade.”

Food testing is integral to the efficient production of safe, quality products. With the food industry increasingly being subject to scrutiny, testing to ensure compliance with food safety regulations and to protect public health is becoming a must. Moreover, contamination of food products causes damage to the consumer and a brand’s reputation.

The report has looked at the Food Safety Testing & Diagnostics market and identified the main driving forces, and it has focused on barriers in development and implementation of new innovative, automated and computerised food safety testing techniques and methods, alongside various other improvements taking place within the Food Safety Testing & Diagnostics market.

Also, the performance of Food Safety Testing & Diagnostics submarkets are discussed and examined from different perspectives, such as: economic, legal, technological and social.

Visiongain identified many opportunities and strengths within the current Food Safety Testing & Diagnostics market, such as the fact that this market remains open to new technological advances. This maker is also highly defined by the legislative frameworks that dictate strict rules and regulations when it comes to food safety, especially in the developed world.

The new report contains 79 tables, charts and graphs that add visual analysis in order to explain developing trends within the Food Safety Testing & Diagnostics market. the report provides forecasts for the period 2014 to 2024 in terms of value sales (US$). The definition of the global Food Safety Testing & Diagnostics market comprises the amount of money spent by food processing companies on food testing and diagnostics solutions and services worldwide. These include both in-house and outsourced services to the laboratories on a contract or toll basis.

In addition, 7 leading regional Food Safety Testing & Diagnostics markets are forecast and analysed over the period 2014-2024. These 7 regional markets are further divided by 7 submarkets providing 49 discrete market segment forecasts. Submarket forecasts from 2014-2024 are also provided by testing for salmonella, Listeria, GMO, E-Coli, pesticides, toxins and other contaminants and pathogens. These 7 submarkets are presented at the global and regional level providing 49 discrete market segment forecasts.

The report also provides profiles of 14 companies operating within the Food Safety Testing & Diagnostics market, and includes 4 exclusive interviews with Matthias Boeker -Sales Manager, EMEA of Aquonics Inc, Alain Minelli – Global Marketing Manager, Diagnostics, DuPont Nutrition & Health, Ted Andrew -Director, Product Marketing of Roka Bioscience and Ron Wacker - Global Business Development Manager Food Testing at SGS.

The Food Safety Testing & Diagnostics Market Forecast 2014-2024: Opportunities for Leading Companies report will be of value to current and future potential investors into the global Food Safety Testing & Diagnostics and food processing industry, as well as companies and research centres who wish to broaden their knowledge of the Food Safety Testing & Diagnostics market.