Monday, July 15, 2013

North American Food-Safety Testing Market to Hit $5.4B by 2018

The North American food-safety testing market is projected to grow from $3.7 billion in 2012 to $5.46 billion in 2018, according to a new report from MarketsandMarkets. In 2012, the United States was the largest food-safety testing market with 70% of share followed by Canada and Mexico.

In North America, the government, regulatory bodies and food industries together are responsible to assure the safety of manufactured food. GMP, GAP and HACCP are been practiced by the food companies to manufacture safe and standard quality food products. The food safety testing has been conducted at every stage of food production and supply. Increasing outbreak in foodborne illnesses, food recalls and increasing consumer demand for safe food, and implementation of food-safety regulations has been driving the market for food-safety market.

According to the report, in 2012, pathogens testing in food samples dominated the safety testing market, as pathogen contamination has been responsible for maximum cases of food poisoning and food recalls in North America. Salmonella contamination was responsible for most of the registered food recalls by FDA in United States during the same period. Testing of processed food has dominated the market in North America. Adoption of new advanced technology market players has been focusing on application of rapid testing methods that provide quick and accurate qualitative and quantitative results on contaminants.

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