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Europe Food Safety Testing Market Analysis and Forecast by Rapid Growth Rate 2020 Value Share Analysis by Regions, Industry Size, Key Insights till 2024

Europe Food Safety Testing

The “Europe Food Safety Testing Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Europe Food Safety Testing market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Europe Food Safety Testing market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Europe Food Safety Testing market that will impact the demand during the forecast period.

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.

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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.
  • Some of the Top Key Players of Europe Food Safety Testing Market Report Are:

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

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    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.

    The Report Covers:

    • Comprehensive research methodology of Europe Food Safety Testing market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Europe Food Safety Testing market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Europe Food Safety Testing Market Report 2020-2024:

    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

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