Email
Print
The increasing global food trade is an important driver for food safety testing market. Over the decades there has been a rise in the food export and import form many countries. Standards and regulations for the food products differs from country to country, hence it is imperative for exporting companies to comply with corresponding country regulations. Therefore, it is mandatory for every food manufacturer to test their food products and attain certification for quality and safety. The Codex Alimentarius Commission is responsible for setting up international rules surrounding food trade and food quality. Every country sets up their legislation on food standards by adhering to Codex Alimentarius Commission standards.
Europe has the stringent regulations and monitoring control regarding food safety and quality. In 2014, the European Commission has banned the Mexican horse meat and mangoes from India owing to safety concerns. South Central America and Asia are the two major food exporters to Europe whereas North America holds significant share in exporting food to the region. All these regions test their products to get certified for exporting to Europe.
Moreover, food that is exported to Americas as well as few Asian countries such as Japan, Australia is also subjected to strict testing. Testing of food to ensure safety and get certified based on various assessments propel authenticity of food products facilitating trade and increasing demand. Hence, demand for the number of food tests is increasing prominently driving the market growth for food safety testing equipment and consumable products. Meat and poultry segment accounted for 26% share in 2015 globally and is estimated to grow at a CAGR of 6.4% during 2016-2021 whereas the global food safety testing equipment market is estimated to reach $3.3 billion by 2021.
Europe has the stringent regulations and monitoring control regarding food safety and quality. In 2014, the European Commission has banned the Mexican horse meat and mangoes from India owing to safety concerns. South Central America and Asia are the two major food exporters to Europe whereas North America holds significant share in exporting food to the region. All these regions test their products to get certified for exporting to Europe.
Moreover, food that is exported to Americas as well as few Asian countries such as Japan, Australia is also subjected to strict testing. Testing of food to ensure safety and get certified based on various assessments propel authenticity of food products facilitating trade and increasing demand. Hence, demand for the number of food tests is increasing prominently driving the market growth for food safety testing equipment and consumable products. Meat and poultry segment accounted for 26% share in 2015 globally and is estimated to grow at a CAGR of 6.4% during 2016-2021 whereas the global food safety testing equipment market is estimated to reach $3.3 billion by 2021.
Browse Related Reports:
- Food Additives Testing Market: By Additive Type (Colorants, Preservatives, Emulsifiers, Flavor Enhancers, Sweeteners & Others), By Technology (Immunoassay-based, PCR-based, Convenience-based & others) & By Geography - Forecast (2015-2020). https://www.industryarc.com/Report/7369/Food-Additives-Testing-Market-Research-Report.html
- Food Testing Market By Technology (Polymerase Chain Reaction, Mass Spectrometry, Chromatography, Immunoassay, Nuclear Magnetic Resonance) : By Testing Type & Geography - (2013 - 2018). https://www.industryarc.com/Report/153/global-food-testing-equipment-market.html
About IndustryARC:
IndustryARC
is a research and consulting firm that publishes more than 500 reports
annually in various industries, such as Agriculture, Automotive,
Automation & Instrumentation, Chemicals and Materials, Energy and
Power, Electronics, Food & Beverages, Information Technology, Life
sciences & Healthcare.
IndustryARC
primarily focuses on Cutting Edge Technologies and Newer Applications of
the Market. Our Custom Research Services are designed to provide
insights on the constant flux in the global demand-supply gap of
markets. Our strong analyst team enables us to meet the client research
needs at a very quick speed with a variety of options for your business.
We
look forward to support the client to be able to better address
customer needs; stay ahead in the market; become the top competitor and
get real-time recommendations on business strategies and deals. Contact
us to find out how we can help you today.
Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager
Email: [email protected]
Contact Sales: 1-614-588-8538 (Ext-101)
Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc