How Will The Food Pathogen Detection Technology Market Grow In 2022?
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The food pathogen detection technology market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
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The Food Pathogen Detection Technology Market Size In 2022 And Forecast
The global food pathogen detection technology market is expected to grow from $4.41 billion in 2021 to $4.76 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The food pathogen detection market is expected to reach $6.42billion in 2026 at a CAGR of 7.8%.
The food pathogen detection technology market consists of sales of food pathogen detection products and related services for the detection and elimination of foodborne pathogens from food.
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Globally Increase In The Outbreak Of Foodborne Illness Is Driving The Growth Of The Food Pathogen Detection Technology Market
According to a report published by WHO in 2020, almost every tenth person falls ill due to pathogens and 420,000 people die every year after getting infected by foodborne illness. Diarrhoea is the most common disease caused by contaminated food and almost 550 million people (including 220 million children under 5 years of age) are affected by diarrhoeal diseases. The upsurge in the occurrence of foodborne diseases among the global population increased the demand for food pathogen detection technology, thus driving the market’s growth.
Competitive Landscape And The Regional Analysis Of The Food Pathogen Detection Technology Market
Major players in the food pathogen detection technology market are SGS SA, Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, Silliker Inc., IFP Institut Für Produktqualität GmbH, ALS Limited, Asurequality, Microbac Laboratories Inc., Genetic Id Na Inc., Thermo Fisher Scientific Inc, QIAGEN, 3M, Agilent Technologies inc, Neogen Corporation, bioMerieux SA, Merieux NutriSciences Corporation, DNA Diagnostic A/S, Instant Labs, Neogen Food Safety, Romer Labs Division Holding GmbH, Merck KGaA, Charm Sciences, Invisible Sentinel, Promega Corporation, Genon Laboratories Ltd, Genevac Ltd, Lloyd’s Register Quality Assurance Limited, Campden BRI, Det Norske Veritas As (Dnv) and ILS Limited.
Additionally, as per TBRC’s research – North America was the largest region in the food pathogen detection technology market in 2021 holding the largest market share and The Middle East is expected to be the fastest-growing region in the forecast period.
The Food Pathogen Detection Technology Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food pathogen detection technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the food pathogen detection technology market.
Genetic Testing Technology – A Key Trend In The Food Pathogen Detection Technology Market
Genetic testing technology is being increasingly used for the rapid, sensitive, reliable detection of pathogens on the food. Genetic testing techniques identify the problem even when the pathogens are just formed or are in tiny concentration.
Food Pathogen Detection Technology Market Segmentation By The Business Research Company
1) By Technology: Traditional (Quantitative Culture and Qualitative Culture), Rapid (Convenience, Polymerase Chain Reaction, and Immunoassay)
2) By Food Type: Meat and Poultry, Dairy, Processed Food, Fruits and Vegetables, Cereals and Grains
3) By Type: E. Coli, Salmonella, Listeria, Campylobacter, Others (Norovirus and Rotavirus)
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