Rising concerns over food and water safety worldwide continue to increase the need for testing contaminants thereby generating strong demand for agricultural and environmental diagnostics. Market size projections look bright with the 2012 figure expected to touch $2.4 billion. Europe is the largest market for agricultural and environmental diagnostics. Microbiology testing market represents the largest and fastest growth segment.
San Jose, CA (PRWEB) November 4, 2008 -- Myriad of contaminants are discovered in food, water and commodities such as poultry, fruits, vegetables, and milk routinely used in daily life. Pathogens such as E.coli, listeria, salmonella and several others are linked to various food borne illnesses, which affect several millions across the globe. As per the WHO estimates, contaminated food leads to 2 billion illnesses and 1.8 million deaths each year. Increasing occurrence of ailments from contaminated food and water and rising public concerns have resulted in stringent levels of industry and public sector regulations over the years that boost the demand for agriculture and environment diagnostics.
World agricultural and environmental diagnostics market is projected to reach US$2.4 billion by 2012, as stated by Global Industry Analysts, Inc. Europe represents the world's largest market, with revenues estimated to touch US $623 million by the end of 2008. United States, the second largest market, is forecast to generate US $581 million by 2010. In terms of product segments, microbiology testing market represents the largest and fastest growing, estimated to be US$1.1 billion in 2008.
Recent testing techniques involve immunoassay technologies and rapid tests that replaced traditional wet chemistry, bacterial culturing, and chromatographic analysis. Initially, testing was implemented on dairy products for detecting anti-biotic contaminants, while the recent focus has turned towards soil and water contaminants such as polychlorinated biphenyls (PCBs), dioxins, and on agricultural residues including fungicides and pesticides.
These and other market data and trends are presented in "Agricultural and Environmental Diagnostics: A Global Strategic Business Report" published by Global Industry Analysts, Inc. This GIA report discusses the prevailing trends, issues, demand forecasts, and activities that affect the industry. The report also provides a review of select technologies for agricultural and environmental diagnostics. The market is analyzed in $ Million by the following geographic regions - United States, Canada, Japan, Europe (France, Germany, Italy, United Kingdom, Spain, Russia, & Rest of Europe), Asia-Pacific, Latin America, and Rest of World; and product segments - Food Residue Diagnostics, Environmental Testing, and Microbiology Testing. Analytics for the period 2000-2015 provide a comprehensive understanding of the market.
Dominant global forces profiled in the report include Agdia Inc., Biocontrol Systems Inc., Biomerieux SA, Biotrace International Plc., Charm Sciences, C-Qentec Diagnostics, Eurofins Scientific, IDEXX Laboratories, Inc., Neogen Corporation, R-Biopharm, Strategic Diagnostics Inc., and VICAM among several others. The study enumerates recent developments, mergers, acquisitions, and other strategic industry activities, and is an easy guide to What, Why, When, How, Where, and Who of the industry.
For more details about this research report, please visit http://www.strategyr.com/Agricultural_and_Environmental_Diagnostics_Market_Report.asp.
About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Email press @ strategyR.com
Web Site http://www.StrategyR.com/
Copyright©2008 Vocus, Inc.
All rights reserved