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 ... Read more
The food testing kits market was valued at USD 1.58 Billion in 2016. It is projected to reach USD 2.38 Billion by 2022, growing at a CAGR of 7.2% from 2017. Food testing kits include the kits for testing and detection of pathogens, meat species, GMOs, allergen, mycotoxin, and others (which include pesticides and other residues in food). Technologies used for testing are PCR-based, ... Read more
Focus on select sub-segments remains core strategy of Food Testing Kits market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in August 2019.