Global Salmonella Testing Market: Overview
The rising prevalence of salmonella infection is by far the leading factor driving the global salmonella testing market. This infection generally affects the gastrointestinal tract of humans and animals, which may turn life threatening if left untreated for a long period. Contaminated food items such as infected meat, eggs, and unpasteurized milk and dairy products are the major source of transmission of the infection. Over the past few years, there have been several outbreaks of salmonella in the U.S. and in those occasions, many companies in the meat and dairy business had to recall their products from the market.
The commonly employed methods for the diagnosis of salmonella infection are stool culture method and real time PCR. In the former, stool of infected animal or human being is cultured, while the latter is done by intensifying and detecting targeted pathogen’s DNA sequence.
The research report is a professional study offering invaluable insights into various important parameters of the global salmonella testing market. It provides a comprehensive description of the factors influencing the market and the extent to which they impact the growth. For a coherent understanding, the report divides the market on the basis of several criteria including diagnosis method, food type, and geography. It includes tools such as market attractiveness analysis and Porter’s five force analysis to derive vendor landscape of the global salmonella testing market. It reviews the market for the period between 2016 and 2024.
Global Salmonella Testing Market: Drivers and Restraints
The implementation of food safety regulations worldwide along with their increasing stringency is escalating the growth of the global salmonella testing market. The several incidents of outbreaks of salmonella have compelled governments and regulatory authorities across the world to keep a strict check on food products during every stage of their production and processing. Moreover, the rising awareness among consumers regarding foodborne diseases and rapid technological advancements in bacterial detection technologies are augmenting the market. On the other hand, the lack of proper food control resources and infrastructure in developing nations is hindering the growth of the market.
Global Salmonella Testing Market: Geographical Segmentation
The key segments analyzed in the report on the basis of geography are Asia Pacific, Europe, North America, and Rest of the World. North America will have a strong foothold in the market throughout the forecast period. The growth of the region is largely supplemented by the implementation of stringent food safety regulations, especially due to the high incidence of salmonella contamination. Moreover, rapid technological advancements in testing procedures and the presence of advanced healthcare infrastructure are contributing to the growth of the region.
Asia Pacific is expected to register a noteworthy CAGR during the review period. The improving healthcare facilities and growing research and development activities in the field of salmonella testing are propelling the growth of the region. The increasing prevalence of foodborne diseases is boosting the adoption of salmonella testing in the region. Countries such as India and China are estimated to be at the forefront of the growth of the region.
Global Salmonella Testing Market: Competitive Landscape
With the sharp rise in the demand for advanced testing methods, key players in the global salmonella testing market are pouring large funds into research and development activities to consolidate their presence. They are aiming at expanding their market shares through mergers and acquisitions. Some of the key players are operating in niche segments to gain an edge over competitors. While Life Technologies, Eiken Chemical Company Limited, Romer Labs, and Neogen Corporation are some of the prominent companies operating in the real-time PCR techniques, DuPont Qualicon and Hardy Diagnostics are among key players targeting culture detection methods.
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
- 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.