Food Testing Kits: Market outlook

Increasing urbanization, market liberalization, growing per capita expenditure of the consumers, and foreign direct investment has led to the globalization of food trade. The globalization of food trade has resulted in greater diversity and availability of food products across the globe which has raised concerns regarding food safety, malnutrition, and diet-related chronic diseases. The increasing safety issues related to food has led to the growing demand for food testing kits. The food testing kits are used for applications including the analysis of the food chemistry like salt, sugar, PH level; food microbiology analysis, food allergen analysis, food toxin analysis, and food quality control determination to evaluate the quality and integrity of the food samples. The food testing kits are used to determine allergens, pathogens, GMO’s, meat species, mycotoxins, and others using technologies like Immunoassay-Based technology, PCR-Based technology, Enzyme Substrate-Based technology, and others. The food testing kits are used to check the samples of a large number of solid and liquid food samples to comply with the standard quality controls.

Increasing Food Borne Diseases and Growing Food Adulteration is Increasing Concern Regarding the Safety of Food Products, hence fuelling the Demand for Food Testing Kits

The globalization of food trade, increasing incidences of foodborne illnesses, growing demand for faster and reliable food test results, enactment of strict food safety regulations, and growing preference for on-site testing are anticipated to drive the growth for the food testing kits market. The increasing urbanization and per capita expenditure of consumers is leading to changing the dietary pattern and increasing demand for packaged and convenience food. The growing demand for packaged and convenience food is accompanied by rising concerns regarding food safety. Hence, the increasing concerns regarding foodborne diseases, malnutrition, and adulteration are anticipated to drive the growth for food testing kits market. Besides, stringent government policies and safety measures have also fuelled the demand for food testing kits. The food processing companies are preferring on-site food testing kits and equipment to test and measure the quality of their samples which is further escalating the demand for food testing kits.

Global Food Testing Kits: Market Segmentation

On the basis of target, the global food testing kits market has been segmented as-

  • Allergens
  • Pathogens
  • GMO’s
  • Meat Species
  • Mycotoxins
  • Others

On the basis of food sample, the global food testing kits market has been segmented as-

  • Dairy Products
  • Fruits & Vegetables
  • Meat, Poultry & Seafood Products
  • Cereals, Grains & Pulses
  • Seeds & Spices
  • Nuts
  • Packaged Food

On the basis of technology, the global food testing kits market has been segmented as-

  • Enzyme Substrate-Based
  • PCR-Based
  • Immunoassay-Based
  • Others

On the basis of region, the global food testing kits market has been segmented as-

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Global Food Testing Kits: Key Players

Some of the major players of food testing kits market include: Thermo Fisher, Agilent, Eurofins, bioMérieux, Neogen, PerkinElmer, Bio-Rad, QIAGEN, EnviroLogix, IFP Institut Für Produktqualität, Romer Labs, Millipore Sigma, and others.

Opportunities for Participants of Food Testing Kits Market:       

The increasing food safety policies and regulation in developed regions and growing consumers concern regarding the safety and quality of food products are leading to the growing need and demand for the food testing kits. Europe and North America are anticipated to account for maximum share for the food testing kits market which is attributed to stringent government policies and regulatory bodies like U.S Food and Drug Administration and European Food Safety Authority (EFSA). In Europe, the food policies are broadly accentuated by the European Reference Laboratories (EURLs) and National Reference Laboratories (NRLs) to maintain food standards and to protect consumer health. Besides, the food testing kits market in North America and Europe is further driven by the presence of significant food safety testing companies such as Eurofins Scientific, SGS SA, and Intertek Group plc.

  • Food Testing Kits Market Manufacturers Outlook:

The manufacturers of food testing kits and food safety testing company are continuously collaborating and investing for the advancement of testing technologies to aid conformity to various food safety rules and regulations. Besides, the manufacturers for food testing kits are updating their inventories with better and updated equipment and technologies to provide better and faster test results. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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