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Food Testing Market Expected to Grow to $4.63 Billion by 2018

The global food testing market is expected to grow at a healthy compound annual growth rate of around 6% during the forecast period of 2013 to 2018, to reach a very lucrative $4.63 billion in 2018 from the current $3.45 billion mark in 2013. This segment includes the food safety testing market as well. At present, with the increased number of packaged goods, food testing has become mandatory for most.

KristinaHartz
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Food Testing Market Expected to Grow to $4.63 Billion by 2018

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  1. Food Testing Market Forecast (2013 - 2018) Web - www.industryarc.com Mail – sales@industryarc.com

  2. To Enquire About the Report Click Here Food Testing Market Forecast (2013 - 2018) Food Testing Market Overview The global food testing market represents the overall testing services provided by contract laboratories and this market has been further segmented with respect to pathogens, food types and testing technologies were analyzed in this report. The market size and growth forecasts are with respect to the contract laboratory testing services provided by companies like SGS Group, Bureau Vertias, Eurofins and so on. Web - www.industryarc.com Mail – sales@industryarc.com

  3. To Enquire About the Report Click Here Food Testing Market Forecast (2013 - 2018) Food Testing Market trends & Growth  According to IndustryARC, Food Testing Market which includes the food safety testing market is expected to grow at a healthy growth rate of around 6% during the forecast period until 2018. And it is also estimated to cross the 4$ Billion Market by 2018. The food testing equipment market on the other hand is of $4 Billion with IR type of instruments occupying the highest share in-terms of technology. IndustryARC experts also expect the number of tests to increase from 1.78 Billion in the past years to 2.62 Billion by 2018 end, growing at a CAGR of 8.4%.  Regionally, APAC (Out of which, China is the rapid growing country) is considered to possess the fast growing CAGR rate globally, owing to the increasing demand for food safety from consumers, producers and regulators. The increased food borne diseases in Australia has led to prioritizing of food safety testing in that region. Know more about the report – http://industryarc.com/Report/153/global-food-testing-equipment-market.html Web - www.industryarc.com Mail – sales@industryarc.com |

  4. To Enquire About the Report Click Here Food Testing Market Forecast (2013 - 2018) Food Testing Market Driving Factors  Increased consumption of processed food, both in developing and developed countries.  Increasing foodborne diseases worldwide.  Increased stringencies of food safety rules & regulations by the governments.  Increasing globalization of food trade and development of rapid food safety testing techniques.  Rapid advanced technologies are propelling the market because traditional methods are time consuming and labor intensive. Web - www.industryarc.com Mail – sales@industryarc.com

  5. To Enquire About the Report Click Here Food Testing Market Forecast (2013 - 2018) Key Market Players of Food Testing Market This market report on Food Testing Market includes intense study on competitors and players on the global level. Some of them are:  SGS S.A.  Bureau Veritas S.A.  Intertek Group Plc  Bio-Rad Laboratories, Inc.  IDEXX Laboratories, Inc.  Foss A/S Web - www.industryarc.com Mail – sales@industryarc.com

  6. ABOUT US - WE ARE ALL ABOUT ANALYTICS, RESEARCH AND CONSULTING  ANALYTICS With our Business & Strategic analytic solutions we help companies take decisions by keeping them up to date about day to day sales of their products, competitors analysis, risk factors and operational environment. INDUSTRY KNOWLEDGE RESEARCH  RESEARCH Our research experts bring in more than 20 years of rich experience in various industries  CONSULTING Operational efficiency and strategies can benefit a great deal from our business consulting services. It allows companies to create newer business models and embrace advanced technologies. ANALYTICS CONSULTING  INDUSTRY KNOWLEDGE Apart from the in-house databases, we have access to more than 10 premium industry databases which regularly updates us with the day to day industry trends and investment opportunities. We map your specific role and requirement to our offerings and provide you A customized and personalized business solution. Web - www.industryarc.com Mail – sales@industryarc.com |

  7. THE ARC PROCESS Analytical Method Base Model Base Method Consolidated Model Consolidation Method Delphi Verification 1.Granular breakdown of the drivers into factors 1. Get a top down Estimate of the market 1. Verify the findings of the model with experts from across the value chain. 1. Granular breakdown of drivers into factors 2. Validating all factors in terms of their present impact on the market. 2. Follow it up with a bottom up estimate of the market. 2. Validating all factors in terms of their present impact on the market. 2. Verify the findings with players across small and large enterprises Base Model ARC Model Analytical Model Consolidated Model 3. Assigning weights to these factors in terms or their relevance & impact on the market. 3. Check for consistency and new growth factors that that are relevant over the next 10 Years 3. Assigning weights to these factors in terms of their relevance & impact on the market. 3. Tweak the model and add new factors 4. Build the 4. Build the 4. Finalize the 4. Build the Consolidated Model Analytical Model Base model ARC Model OUR PROPRIETARY MODELS DERIVED FROM OUR ROBUST PROCESSES ENSURE HIGH ACCURACY Web - www.industryarc.com Mail – sales@industryarc.com |

  8. Thank You! IndustryARC +1 614-588-8537/38 sales@industryarc.com sanjay.matthews@industryarc.com Web - www.industryarc.com Mail – sales@industryarc.com Web - www.industryarc.com | Mail – sales@industryarc.com

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