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Europe Food Safety Testing Market Share, Size 2019-2024 | Industry Analysis, Overview of Market Dynamics, Top Key Players, and Regional Forecast to 2024

Europe

The “Europe Food Safety Testing Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Europe Food Safety Testing market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Europe Food Safety Testing market is provided in detail in the report.

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Europe Food Safety Testing Market Covers Key Players:

  • ALS Limited
  • AsureQuality
  • Campden BRI
  • NSF International
  • SGS SA
  • Eurofins Scientific
  • Intertek Group plc
  • UL LLC

    Market Overview:

  • Europe food safety testing market is forecasted to reach USD 6.16 billion by 2024 growing at a CAGR of 7.5% during the forecast period (2019-2024). Food safety is a credence attribute as it cannot be observed by consumers before or after purchasing the product. Thus, testing methodologies, like traceability, microbiological quality, have been implemented both at the European and national levels to ensure effective monitoring and overall control. Moreover, the increase in food-borne diseases, contamination in food products, and rise in consumer awareness about food quality and safety are giving rise to the food safety testing market. Moreover, strict government regulations that safeguard the processed and unprocessed food products are supporting the market growth in Europe.
  • Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Europe Food Safety Testing Market opportunities and recommendations for new investments

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    Scope of the Report:

  • The Europe food safety testing market covers the food testing performed against contaminants such as pathogen, GMO, pesticide and residue, toxin, food allergen, and others. The study offers the Europe food safety testing market specifically performed for dairy, fruit & vegetable, meat & poultry, processed food, and other products.

    Key Market Trends:

    Spain Emerges as the Prominent Market

    Spain is an agricultural powerhouse and is producing around 50% of Europe’s fresh fruits and vegetables. The quality and safety of fresh produce are of utmost importance, especially in the export markets. Spanish consumers are also getting aware of the highest degree of food safety, especially with animal-based food products and sensitive products like infant formulae and geriatric nutrition. Growing food safety awareness among consumers has been one of the driving factors for the food safety testing market. However, lack of awareness among small- and medium-scale food processors and the feasibility concerns of some of the testing methods have been impeding the growth. Some of the major players operating in the Spanish food testing markets are NSF International, SGS Spain, Eurofins, and ALS Global.

    GMO Testing Remains the Fastest Growing Market

    GMO contaminants involve the presence of the unwanted gene in the food products. Stringent GMO regulations in the EU are necessitating the vigorous testing of GMO for safety. GMO (Genetically Modified Organism) testing confirms the identity and nature of the product at every step, including supply chain, and assures compliance with import or labelling regulations for GM food. Increasing imports of soy, corn, and canola by the European countries, such as Germany, France, Italy, Spain and UK, is raising the demand for GMO testing to meet regulatory requirements, commercial contract requirements and to ensure internal quality control. UK is the fastest growing country-level market for GMO safety testing in the world and is the second highest in terms of value in the EU.

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    Detailed TOC of Europe Food Safety Testing Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Contaminant Type
    5.1.1 Pathogen
    5.1.2 GMO
    5.1.3 Pesticide and Residue
    5.1.4 Toxin
    5.1.5 Food Allergen
    5.1.6 Others
    5.2 By Food Type
    5.2.1 Dairy
    5.2.2 Fruit & Vegetable
    5.2.3 Meat & Poultry
    5.2.4 Processed Food
    5.2.5 Others
    5.3 Geography
    5.3.1 Spain
    5.3.2 United Kingdom
    5.3.3 Germany
    5.3.4 France
    5.3.5 Italy
    5.3.6 Russia
    5.3.7 Rest of Europe

    6 COMPETITIVE LANDSCAPE
    6.1 Most Active companies
    6.2 Most Adopted Strategies
    6.3 Market Share Analysis
    6.4 Company Profiles
    6.4.1 ALS Limited
    6.4.2 AsureQuality
    6.4.3 Campden BRI
    6.4.4 NSF International
    6.4.5 SGS SA
    6.4.6 Eurofins Scientific
    6.4.7 Intertek Group plc
    6.4.8 UL LLC

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

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