Food Safety Testing Equipment and Consumables Market is estimated to reach $6.4 billion by 2020

According to a new market research report “Food Safety Testing Equipment and Consumables Market Analysis and Forecast (2014 – 2020); 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) - Global Forecast to 2020”. Food Safety Testing Equipment and Consumables Market is estimated to exhibit the fastest growth through 2020 due to increasing installations.

Browse Market Data Tables and Figures spread through 170 pages and in-depth TOC on “Food Safety Testing Equipment and Consumables Market - Global Forecast to 2020".

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Food safety and quality has developed popularity in the recent years due to increasing food contamination and mishaps. The food safety testing equipment and consumables are used for testing food for safety. The Global Food safety testing equipment and consumables market report provides a detailed account of the food safety testing equipment and consumables utilized exclusively for food safety testing analysis. The report analyses food safety testing equipment market by type of device, by food type, and by contaminant type. Chromatography systems, Hybrid-Systems, PCR Equipment, Immunoassay systems, are the dominant equipment types. The market revenue of food safety testing equipment and consumables are estimated to reach $6.4 billion by 2020.

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The contamination of food, mislabeling, and adulteration cases are actively reported by the mass media enabling the consumer to make informed choices and demand for safer food. Rise in food borne illnesses due to pathogens such as Salmonella, Staphylococcus aureus, and Camphylobacteria are on rise. Food safety government bodies are taking stern measures such as strict regulations, increasing audits, making certification mandatory. Developing countries such as China and India along with developed countries are framing new regulations to ensure food products safety. These factors are set to propel growth for the food safety testing equipment and consumables demand.

The food safety testing equipment are classified based on the contaminant type in to microbiology, allergens, pesticides &fertilizers, drugs & antibiotics, natural toxin and Genetically Modified contaminants. Microbiology analysis is the major application of food diagnostic equipment and consumables. As food products are highly susceptible for microbial contamination, food products are often tested for safety. This trend is further on the rise due to increase in production of packaged food and sourcing from various regions. Other prominent contaminants include that of GM contaminants in agricultural production and allergens in packaged food. Drugs and antibiotics application are primarily done for meat, poultry and sea foods

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The major food types that are tested include: Milk and Dairy Products, Grains, Fruits & vegetables, Processed Food, Meat & Poultry, Sea Food, Cereals & Nuts and Beverages. Each of the food types are tested for various contaminants. Grains are dominantly tested for GM and pesticides & fertilizers while meat and poultry products are tested for drugs and antibiotics.

Consumables are categorized in to test kits, reagents and general lab-ware. Driven by the increasing number of food safety tests, demand for reagents is set to be buoyant. Demand for Point of testing services are very high as food traceability and checking at various points in the supply chain for contamination is gaining prominence. Hence, consumables are exhibiting higher growth compared to food diagnostic equipment market.

North America and Europe are the dominant regions for food safety testing equipment and consumables market. However, government initiatives in emerging regions such as APAC is set to drive market demand making this region as a major growth opportunity for food safety equipment manufacturers. China and India are poised to exhibit double digit growth during the review period of 2015-2020.

There are large numbers of players in the Global Food Diagnostic Equipment and consumables Market. Agilent Technologies Inc.(U.S.), Thermo Fisher Scientific Inc. (U.S.), Shimadzu Corporation (Japan), PerkinElmer Inc. (U.S.), and Bruker Corporation (U.S.) are the key players who constitute major market share due to wide product portfolio and distribution network. These major players are increasing their focus on launching new products specific to food types that offer instant results. 

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