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The past two decades have
been a golden period for the food safety testing equipment manufacturers. The
paradigm shift in the market has resulted in increased competition and increase
in the demand for new food safety testing equipment has breezed out the golden
period and created an apprehension amongst the food safety testing equipment
manufacturers. The major food scandals around the globe and outrageous food
recalls have led to major changes in food testing processes and the government
regulations as well and resulted in high demand for food testing. The increase
in the global food testing provides a rewarding opportunity to for the food
testing equipment manufacturers. But, with
rising competition and the demand for new methods, equipment’s are adding to
the cost of the company, which may change the golden period into the hard times
for the manufacturers.
Various
types of food testing equipment are:
· Chromatography systems
· Mass spectrometers
· PCR equipment
· ELISA equipment
· Immunoassay system
· Hybrid systems
· Cytometery system
The rising demand for food
testing has provided an opportunity to the food testing equipment manufacturers
to introduce new technologies that will help to meet the food testing
requirements.
v Pathogen Detection Revolutionized With Rapid Analytical Systems
These rapid pathogen
detecting systems provide specific information that enables the food
manufacturer to decipher the content better. Therefore, there is a rising
demand for rapid methods in the laboratories. The escalating sales of the rapid
and automated systems have doubled the number of participants owing mainly to
the increase in the number of rapid pathogen testing equipment manufacturers
over two decades. Thus, this product segment is a lucrative opportunity. There
is also large scope for development of these technologies to serve other areas
of testing. The global Food Safety
testing market was estimated at $2,189.9m in 2014 and is projected to
grow at a CAGR of 6.0% through 2020.
Related Reports:
- Food
Safety Testing Equipment and Consumables Market: By Food Type (Milk &
Dairy, Fruits & Vegetables, Processed Food, Meat & Poultry, Sea Food,
Cereal & Nuts, Beverages); Contaminants (Pathogens, Toxins, Pesticides,
GMO); Technology (Chromatography, Mass Spectroscopy, PCR, ELISA, Immunoassay,
Flow Cytometry) - Analysis and Forecast to (2014 – 2020)