Global Food Safety Testing Market to Reach Valuation of US$ 39.8 bn by 2030: TMR – PRNewswire

Posted: September 6, 2020 at 1:54 pm


without comments

ALBANY, N.Y., Sept. 2, 2020 /PRNewswire/ -- Factors such as the complex web of food supply chains, the absence of basic hygiene and sanitation while handling food items, corruption, adulteration, and other result in food contamination to a great extent. Therefore, these factors may help the food safety testing market to gain immense growth prospects for the food safety testing market.

After out-and-out research on every detail and growth parameters, the analysts at Transparency Market Research (TMR) envision the global food safety testing market to expand at a CAGR of 8.1 percent through the forecast period of 2020-2030. The global food safety testing market is valued at US$ 18.2 bn and is extrapolated to reach US$ 39.8 bn by 2030.

Adulteration levels in the food and beverage industry are of grave concern and to tackle this menace, food testing is an important process. Thus, the food safety testing market is gaining highly on this factor. Furthermore, government initiatives to reduce foodborne diseases will provide a boost to the growth of the food safety testing market.

Request for Covid-19 Impact Analysis on Food Safety Testing Market: https://www.transparencymarketresearch.com/Covid19.php

Food Safety Testing Market: From Experts' Desk

The analysts at TMR credit the growth of the food safety testing market on the back of factors such as escalating consumer awareness, increasing demand for food safety labels, the advent of niche food trends such as 'free form', 'clean label', and others. In addition, the analysts also shed light on the focus of the governments to enhance safety measures and food product quality. The analysts also elucidate the changing dynamics of the food safety testing market due to the COVID-19 pandemic.

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php

Food Safety Testing Market: Key Revelations

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/312

Food Safety Testing Market: Growth Prospects

Health and wellness trends have grown considerably over the last decade and thus, the trend of food fortification is on the rise. This aspect may bring extensive growth prospects for the food safety testing market.

Purchase Premium Research Report on Food Safety Testing Market @ https://www.transparencymarketresearch.com/checkout.php

Food Safety Testing Market: COVID-19 Effect

The food safety testing market is mildly affected by the COVID-19 pandemic as routine surveillance of farms and food production facilities has been reduced due to the lockdown implementations. The post-pandemic era may hold great importance for the growth of the food safety testing market as many guidelines and regulations are expected to see a transformational change.

The World Health Organization (WHO) has also recommended a list of standards for maintaining food hygiene that assist in the preventing the spread of the novel coronavirus. The changing dietary preferences of a considerable populace due to the SARS-CoV-2 outbreak may further have a positive impact on the growth of the food safety testing market.

Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm

Global Food Safety Testing Market: Segmentation

By Application

By Test Technology

By Target Test

By Region

Browse Latest Reports by TMR:https://www.transparencymarketresearch.com/latest.htm

Explore Transparency Market Research's award-winning coverage of the global Food & BeveragesIndustry,

Kosher Salt Market- The kosher salt market is expected to sail afloat on the back of increasing health awareness among consumers and change in their behavior pattern. As a result of the unprecedented COVID-19 outbreak, consumers have gotten into the habit of stockpiling on essential commodities. Salt, being an essential kitchen item, thus witnessed elevated demand amidst the ongoing scenario.

Feed Acid Market- The global feed acid market is forecast to witness healthy growth, thanks to rising consumption of meat and dairy products around the world. According to Transparency Market Research (TMR), the market will demonstrate over 6% year-on-year growth rate, reaching nearly US$ 1.8 Bn by the end of 2020. Besides rising meat and dairy food consumption, elevated interest towards livestock and poultry health to offer better quality products will augur well for the market. According to TMR, the global feed acid market is rendered fragmented due to the presence of a large number of small and large companies.

Organic Farm Food Market- The techniques organic farm food curtails the entry of harmful chemicals into the chain. Organic farm food has also been proven to be enriched more with nutrients than commercially grown produce. Thus, the long term effects of consuming organic food products are numerous, and the trend of consumption of 'organic produce' by the emerging health conscious population is expected to fuel the global organic farm food market.

Explore More Upcoming Reports:https://www.transparencymarketresearch.com/upcoming.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

ContactMr. Rohit BhiseyTransparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: [emailprotected] Press Release Source: https://www.transparencymarketresearch.com/pressrelease/food-safety-products-market.htm Website: http://www.transparencymarketresearch.com

SOURCE Transparency Market Research

Read the original post:

Global Food Safety Testing Market to Reach Valuation of US$ 39.8 bn by 2030: TMR - PRNewswire

Related Posts

Written by admin |

September 6th, 2020 at 1:54 pm

Posted in Organic Food




matomo tracker