The Global COVID-19 Impact on Food Safety Testing Market bolstering the market share owing to consumer safety concern and emerging testing technologies
The global COVID-19 impact on the food safety testing market has the potential to grow with USD 13.2 billion with propelling CAGR in the forecast period from 2020-2021. The emerging demand for food safety testing across the world is due to the outbreak of coronavirus, the emerging market for testing virus technologies. To provide an adequate food supply chain and maintain safety and security in food products.
Food safety has always been the focus of public concern, and food safety testing has become an essential part of eliminating food safety issues, and it has increasingly received market attention. Thus, the rapid development of food safety testing equipment and instruments mainly used to detect, inspect, and analyze toxic and harmful substances in food is rising.
The outbreak of COVID-19 impacted many industries contributing to the economy in the world are close to follow the guidelines to maintain social distancing to break the chain of the virus. But the food sector is the only industry which is working to provide a basic necessity to the consumer and keeping the safety and security of food in priority. The food industry is also majorly affected as their shortage of fertilizers, supply chains, and restaurants are closed to reduce the sales and production of food.
Moreover, with the virus spreading, people are concerned about buying processed food and vegetables. Therefore, countries across the world are investing massive amounts on labs, kits and instruments, and devices to detect the pathogens, viruses and provide safe and secure food to the consumers.
Testing Technology overview in the Global COVID-19 Impact on Food Safety Testing Market
Based on the testing technology, the global COVID-19 impact on the food safety testing market segment into DNA-based, Immunoassay-based, Chromatography- & Spectroscopy-based. The DNA-based segment accounted for the largest share in the global food safety testing market. DNA-based testing technology helps in providing a complete solution for detecting the presence or absence of pathogens in food. It can quickly identify animal species and provide results in the shortest period. DNA testing technology is a safe and fastest testing method and commonly identifies bacteria within a single experiment. Therefore, the demand for the food safety testing market is propelling with emerging testing technologies like DNA.
Targets Tested overview in the Global COVID-19 Impact on Food Safety Testing Market
Based on the targets tested, the global COVID-19 impact on the food safety testing market classified into Pathogen, GMO, Allergen, and Mycotoxin. The pathogen segment is estimated to dominates the maximum share of the food safety testing market in the forecast period. Various technologies such as automated microbial rapid identification system, using a combination of computer and instrument to complete for pathogen detection. Thus, these technologies and methods used to identify pathogens from food and provide rapid results and with uniform accuracy to ensure the safety of food.
Region overview in the Global COVID-19 Impact on Food Safety Testing Market
Based on geography, the global COVID-19 impact on the food safety testing market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America region is capturing the largest market share of the global food safety testing market. It is mainly due to the adoption of reliable technologies that helps in providing safety and security in the food industry. Moreover, the government in North America is investing in testing kits, and new technologies to identify the pathogens on food and eliminates the risk of virus spreading.
Global COVID-19 Impact on Food Safety Testing Market: Competitive Landscape
Companies such as Eurofins, SGS, Intertek, Bureau Veritas, TUV SUD, and others are key players in the global COVID-19 impact on the food safety testing market.
Global COVID-19 Impact on Food Safety Testing Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Competitors & Product Analysis 4.3. Regulatory Framework 4.4. Company market share analysis, 2019 4.5. Porter's Five forces analysis 4.6. New Investment Analysis 4.7. PESTEL Analysis 5. Global COVID-19 Impact on Food Safety Testing Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Testing Technology 5.2.1.1. DNA-based 5.2.1.2. Immunoassay-based 5.2.1.3. Chromatography- & spectroscopy-based 5.2.2. By Targets Tested 5.2.2.1. Pathogen 5.2.2.2. GMO 5.2.2.3. Mycotoxin 5.2.2.4. Allergen 5.2.3. By Region 5.2.3.1. Europe 5.2.3.2. North America 5.2.3.3. Asia Pacific 5.2.3.4. South America 5.2.3.5. Middle East & Africa 6. Europe COVID-19 Impact on Food Safety Testing Market Overview 6.1. Europe COVID-19 Impact on Food Safety Testing Market Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. Europe COVID-19 Impact on Food Safety Testing Market Share & Forecast, 2016-2027 6.2.1. By Testing Technology 6.2.1.1. DNA-based 6.2.1.2. Immunoassay-based 6.2.1.3. Chromatography- & spectroscopy-based 6.2.2. By Targets Tested 6.2.2.1. Pathogen 6.2.2.2. GMO 6.2.2.3. Mycotoxin 6.2.2.4. Allergen 6.2.3. By Country 6.2.3.1. Germany 6.2.3.2. UK 6.2.3.3. France 6.2.3.4. Italy 6.2.3.5. Rest of Europe 6.2.4. Company Market Share (Top 3-5) 6.2.5. Economic Impact Study on Europe COVID-19 Impact on Food Safety Testing Market 7. North America COVID-19 Impact on Food Safety Testing Market Overview 7.1. North America COVID-19 Impact on Food Safety Testing Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. North America COVID-19 Impact on Food Safety Testing Market Share & Forecast, 2016-2027 7.2.1. By Testing Technology 7.2.1.1. DNA-based 7.2.1.2. Immunoassay-based 7.2.1.3. Chromatography- & spectroscopy-based 7.2.2. By Targets Tested 7.2.2.1. Pathogen 7.2.2.2. GMO 7.2.2.3. Mycotoxin 7.2.2.4. Allergen 7.2.3. By Country 7.2.3.1. US 7.2.3.2. Canada 7.2.3.3. Mexico 7.2.4. Company Market Share (Top 3-5) 7.2.5. Economic Impact Study on North America COVID-19 Impact on Food Safety Testing Market 8. Asia Pacific COVID-19 Impact on Food Safety Testing Market Overview 8.1. Asia Pacific COVID-19 Impact on Food Safety Testing Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific COVID-19 Impact on Food Safety Testing Market Share & Forecast, 2016-2027 8.2.1. By Testing Technology 8.2.1.1. DNA-based 8.2.1.2. Immunoassay-based 8.2.1.3. Chromatography- & spectroscopy-based 8.2.2. By Targets Tested 8.2.2.1. Pathogen 8.2.2.2. GMO 8.2.2.3. Mycotoxin 8.2.2.4. Allergen 8.2.3. By Country 8.2.3.1. China 8.2.3.2. India 8.2.3.3. Japan 8.2.3.4. Australia 8.2.3.5. Rest of Asia Pacific 8.2.4. Company Market Share (Top 3-5) 8.2.5. Economic Impact Study on Asia Pacific COVID-19 Impact on Food Safety Testing Market 9. South America COVID-19 Impact on Food Safety Testing Market Overview 9.1. South America COVID-19 Impact on Food Safety Testing Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America COVID-19 Impact on Food Safety Testing Market Share & Forecast, 2016-2027 9.2.1. By Testing Technology 9.2.1.1. DNA-based 9.2.1.2. Immunoassay-based 9.2.1.3. Chromatography- & spectroscopy-based 9.2.2. By Targets Tested 9.2.2.1. Pathogen 9.2.2.2. GMO 9.2.2.3. Mycotoxin 9.2.2.4. Allergen 9.2.3. By Country 9.2.3.1. Brazil 9.2.3.2. Argentina 9.2.3.3. Rest of South America 9.2.4. Company Market Share (Top 3-5) 9.2.5. Economic Impact Study on South America COVID-19 Impact on Food Safety Testing Market 10. Middle East & Africa COVID-19 Impact on Food Safety Testing Market Overview 10.1. Middle East & Africa COVID-19 Impact on Food Safety Testing Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa COVID-19 Impact on Food Safety Testing Market Share & Forecast, 2016-2027 10.2.1. By Testing Technology 10.2.1.1. DNA-based 10.2.1.2. Immunoassay-based 10.2.1.3. Chromatography- & spectroscopy-based 10.2.2. By Targets Tested 10.2.2.1. Pathogen 10.2.2.2. GMO 10.2.2.3. Mycotoxin 10.2.2.4. Allergen 10.2.3. By Country 10.2.3.1. Saudi Arabia 10.2.3.2. UAE 10.2.3.3. South Africa 10.2.3.4. Rest of Middle East & Africa 10.2.4. Company Market Share (Top 3-5) 10.2.5. Economic Impact Study on Middle East & Africa COVID-19 Impact on Food Safety Testing Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1.1. Eurofins 11.7.1.2. SGS 11.7.1.3. Intertek 11.7.1.4. Bureau Veritas 11.7.1.5. TÜV SÜD 11.7.1.6. Other players
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