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North America Food Safety Testing Market to Reach $5,460.1 Million by 2018 at a CAGR of 7.3% - New Report by MarketsandMarkets
Date:7/27/2013

food samples dominated the safety testing market, as pathogen contamination has been responsible for maximum cases of food poisoning and food recalls in North America. Salmonella contamination was responsible for most of the registered food recalls by FDA in U.S. during the same period. Testing of processed food has dominated the market in North America. Adoption of new advanced technology Market players has been focusing on application of rapid testing methods that provide quick & accurate qualitative & quantitative results on contaminants.

The North America food safety testing market is projected to grow from $3,707.7 million in 2012 to $5,460.1 million. In 2012, U.S. was the largest food safety testing market with 70% of share followed by Canada and Mexico. In 2012, rapid testing method was dominated by PCR-based methods, followed by immunoassay-based methods. The leading players in the food safety testing market include SGS SA (Switzerland), Bio-Rad Laboratories (U.S.), Intertek (U.K.), Eurofins (U.S.), and Bureau Veritas (France). These players have focused on introducing new product & services, mergers, acquisitions, and expansion of their business segments to maintain their position in the market.

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