Global Food Safety Testing Market Report 2021 Featuring Upcoming Players Such as QIMA, Pacific Lab, Kedah Bioresources, Merieux Nutrisciences, NEOGEN, Adpen Laboratories, Cotecna Inspection
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The Food Safety Testing Market in this outbreak of COVID-19 pandemic is expected to grow at 16.6% CAGR by 2026.
Food safety testing is referred to the procedure which involves the utilization of several technologies and techniques to consider the risk factors related to the consumption of a particular food item. Food safety testing is generally done by specific agencies arranged by the government of a country.
Global Food Safety Testing Market Report 2021 Featuring Upcoming Players Such as QIMA, Pacific Lab, Kedah Bioresources, Merieux Nutrisciences, NEOGEN, Adpen Laboratories, Cotecna Inspection
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Environmental Testing Market Research Report by Technology, by Sample, by Targets Tested, by Contaminant, by End User - Global Forecast to 2025
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(Technology & Software) by Technology Type (RFID, Barcodes, Infrared, Biometrics, GPS), Software Type (ERP, LIMS, Warehouse), Software End User, Technology Application and Region - Global Forecast to 2025 , published by MarketsandMarkets™, the global Food Traceability Market size is estimated to be valued at USD 16.8 billion in 2020. It is projected to reach USD 26.1 billion by 2025, recording a CAGR of 9.1%, in terms of value. There is an increase in the demand of tracking the safety and concern about food and beverages, which is driving the market.
The food manufacturing technology application segment is projected to witness significant growth during the forecast period.
Food traceability software not only proves to be beneficial for end-use consumers but also to all the stakeholders along the food supply chain right from the growers to the end product distributors. The most well-known collaboration project about traceability so far is between Walmart and IBM. A surge and shi