PUBLISHER: QYResearch | PRODUCT CODE: 1065561
PUBLISHER: QYResearch | PRODUCT CODE: 1065561
The research report studies the Food Safety Testing and Technologies market using different methodologies and analyses to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Food Safety Testing and Technologies market size is estimated to be worth US$ 18,469.9 million in 2021 and is forecast to a readjusted size of US$ 25,499.8 million by 2028.
The global main companies of Food Safety Testing and Technologies include SGS, Intertek Group, CCIC, Bureau Veritas, Tentamus Analytics, Eurofins Scientific, UL, ALS, and AsureQuality, etc. In 2021, the global six largest players have a share approximately 20% in terms of revenue.
The North America Food Safety Testing and Technologies market is estimated at US$ 5,503.2 million in 2021, while Asia-Pacific is US$ 6,044.8 million. As for the Europe Food Safety Testing and Technologies landscape, UK is projected to reach US$ 1,698.7 million by 2028. In Asia, the notable markets are China and SEA, CAGR is 5.6 % and 5.0 % respectively for the next 6-year period.
Residue Testing accounting for 15.64% of the Food Safety Testing and Technologies global market in 2021, is projected to value US$ 4,141.5 million by 2028, growing at a revised 5.5% CAGR(2022-2028). While Enterprise Users segment is altered to an 4.7 % CAGR throughout this forecast period and will hold a share about 68% in 2028.
The global Food Safety Testing and Technologies market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Food Safety Testing and Technologies market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
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