Rapid Food Pathogen Testing Market Poised for Impressive 7.5% CAGR Driven by Increasing Demand and Global Food Safety Concerns
According to a new report published by UnivDatos Markets Insights, the rapid food pathogen testing market was valued at USD 2 billion in 2021 & is expected to grow at a CAGR of 7.5% from 2022-2028. The analysis has been segmented into Type (E. Coli, Salmonella, Listeria, and Others); Technology (Convenience Based, PCR- Based, Immunoassay Based, and Other Molecular Based); Application (Meat & Poultry, Fruits & Vegetables, Dairy, and Others); and Region/Country.
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The rapid food pathogen testing market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the rapid food pathogen testing market. The rapid food pathogen testing market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the rapid food pathogen testing market at the global and regional levels.
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Key Market Dynamics
The rapid food pathogen testing market is the increasing global concern over food safety. With the rise in foodborne illnesses and outbreaks, there is a growing recognition of the need for robust testing methods to ensure the safety and quality of food products. Consumers, regulatory bodies, and industry stakeholders are demanding faster, more accurate, and more reliable testing solutions to identify and prevent the presence of harmful pathogens in the food supply chain. This driver is further propelled by the potentially severe health consequences and economic losses associated with foodborne diseases, as well as the impact on consumer trust and brand reputation for food manufacturers and retailers. As a result, there is a strong push for the adoption of rapid pathogen testing technologies, which offer quicker turnaround times, increased sensitivity, and improved traceability, enabling proactive measures to prevent food contamination and mitigate risks. The driver of increasing global concern over food safety serves as a catalyst for continuous innovation in the rapid food pathogen testing market, with advancements in technologies and methods aiming to deliver more efficient and accurate results, ultimately enhancing food safety, and protecting public health.
COVID-19 Impact
The COVID-19 pandemic has had a significant impact on the rapid food pathogen testing market. With an increased focus on food safety and hygiene, there has been a significant rise in demand for rapid food pathogen testing solutions. This has resulted in a surge in investments in the development of rapid food pathogen testing technologies, as well as an increase in demand for testing services. The pandemic has also highlighted the importance of rapid food pathogen testing in ensuring the safety of the food supply chain, leading to the adoption of rapid testing solutions across various segments of the food industry.
The global rapid food pathogen testing market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
·???????Based on type, the market is segmented into E. coli, salmonella, listeria, and others. Among these, the salmonella category witnessed a higher CAGR during the forecast period.
·???????On the basis of technology, the market is categorized into convenience-based, PCR- based, immunoassay based, and other molecular-based. Among these, the convenience-based held a significant share of the market in 2021.
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Rapid Food Pathogen Testing Market Geographical Segmentation Includes:
·???????North America (U.S., Canada, and the Rest of North America)
·???????Europe (Germany, UK, France, Italy, Spain, Rest of Europe)
·???????Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific)
·???????Rest of the World
North America dominated the rapid food pathogen testing market in 2021. This is mainly due to the growing regional agricultural exports which may increase the likelihood of outbreaks and the health impacts related to microbial infections in food. The market is anticipated to be driven by the rising number of foodborne illnesses in the region. For instance, in the United States, the CDC estimates that there are 48 million cases of foodborne illness annually, resulting in 128,000 hospitalizations and 3,000 deaths.
The major players targeting the Global Rapid Food Pathogen Testing Market:
Bio-Rad Laboratories , Inc.
Merck KGaA ?
3M 公司 ?
领英推荐
Romer Labs Division Holding GmbH
Hygiena , LLC ?
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Rapid Food Pathogen Testing Market. The major players have been analyzed by using research methodologies such as Porter’s Five Forces Analysis for getting insight views on global competition.
Recent Developments:
·???????Crystal Diagnostics announced in February 2020 that the US Patent and Trademark Office had granted the company a second patent for its proprietary liquid crystal technology, which can be used to detect foodborne pathogens rapidly and accurately.
·???????In February 2019, Lexagen launched a genetic testing technology that can detect a broad range of food pathogens significantly quicker and for a minimal price.
Key questions resolved through this analytical market research report include:
? What are the latest trends, new patterns, and technological advancements in the rapid food pathogen testing market?
? Which factors are influencing the rapid food pathogen testing market over the forecast period?
? What are the global challenges, threats, and risks in the rapid food pathogen testing market?
? Which factors are propelling and restraining the rapid food pathogen testing market?
? What are the demanding global regions of the rapid food pathogen testing market?
? What will be the global market size in the upcoming years?
? What are the crucial market acquisition strategies and policies applied by global companies?
? What are the descriptive profiles of key companies along with their SWOT analysis?
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