The global Rapid Test market was valued at USD 12.36 billion in 2016 and is projected to reach USD 22.47 billion by 2025, growing at a CAGR of 7.5% from 2017 to 2025.
The demand for rapid test is expected to remain high over the forecast period owing to growing instances of food contamination globally. The rising number of food recalls is expected to boost the consumption of these services. India, Brazil, Argentina and China are expected to be rising future markets.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growing number of food related illness
1.2 Rise in demand for faster and reliable results
2. Market Restraints
2.1 Lack of food control infrastructure & resources in developing countries
2.2 Complexity in testing techniques
Market Segmentation:
The global Rapid Test market is segmented on the contaminant, technology, food tested, and region.
1. By Contaminant:
1.1 Meat Specification
1.2 Pathogens
1.3 Pesticides
1.4 Allergens
1.5 Mycotoxins
1.6 Heavy Materials
1.7 GMOS
1.8 Others
2. By Technology:
2.1 PCR Based
2.2 Immunoassay Based
2.3 Chromatography Based
2.4 Spectroscopy Based
3. By Food Tested:
3.1 Confectionery & Bakery Products
3.2 Vegetables and Fruits
3.3 Seafood
3.4 Meat
3.5 Dairy and Milk Products
3.6 Beverages
3.7 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. SGS
2. Intertek
3. OMIC USA
4. Eurofins
5. ALS Limited
6. TUV SUD
7. Romer Labs
8. Genetic ID
9. Bureau Veritas
10. Merieux Nutrisciences
11. Asurequality
12. Microbac Laboratories
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Rapid Test market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL RAPID TEST MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL RAPID TEST MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL RAPID TEST MARKET, BY CONTAMINANT
5.1 Overview
5.2 Meat Specification
5.3 Pathogens
5.4 Pesticides
5.5 Allergens
5.6 Mycotoxins
5.7 Heavy Materials
5.8 GMOS
5.9 Others
6 GLOBAL RAPID TEST MARKET, BY TECHNOLOGY
6.1 Overview
6.2 PCR Based
6.3 Immunoassay Based
6.4 Chromatography Based
6.5 Spectroscopy Based
7 GLOBAL RAPID TEST MARKET, BY FOOD TESTED
7.1 Overview
7.2 Confectionery & Bakery Products
7.3 Vegetables and Fruits
7.4 Seafood
7.5 Meat
7.6 Dairy and Milk Products
7.7 Beverages
7.8 Others
8 GLOBAL RAPID TEST MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL RAPID TEST MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 SGS
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Intertek
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 OMIC USA
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Eurofins
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 ALS Limited
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 TUV SUD
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Romer Labs
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Genetic ID
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Bureau Veritas
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Development
10.10 Merieux Nutrisciences
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Development
10.11 Asurequality
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Development
10.12 Microbac Laboratories
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Development
11 Appendix
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