FOOD DIAGNOSTICS: Market Report from Strategic Consulting Inc
A Global Review of Microbiology and Residue Testing
in the Food Processing Industry - The global food processing industry conducted more than 501 million microbiological tests last year at a cost of approximately $1.2 billion.
- These testing volumes are leveling off in North America and Europe.
- Poised for significant growth in Asia and developing countries.
- Regulatory changes will occur in the developing markets as these countries try to match the standards of quality established in developed markets.
- Pathogen testing showing a robust 13.5% annual rate of growth compared with 4.5% for routine testing.
- Conversion from "traditional" microbiological testing methods to "rapid" methods increasing the market value.
- The meat and processed food sectors accounted for the highest proportions of pathogen tests.
In addition to analyzing testing practices by sector, "Food Diagnostics" breaks down pathogen testing by type of organism; compares the frequency of use of conventional, convenience, immunoassay and PCR-based methodologies, and examines where samples are collected and tests are performed.
"Food Diagnostics" also provides insights into the global markets for ATP testing and residue testing, including antibiotics, mycotoxins, allergens and "emerging" tests. The Report contains 240 pages of materials and presents its data utilizing 150 tables/charts/exhibits. Subscribers to SCI market reports include all of the major Food and Industrial diagnostics companies.
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