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What Growth Rate is Predicted for the Salmonella Testing Market for 2024-2033?

The market size of salmonella testing has witnessed a consistent upward trend in the last few years. Its monetary worth, previously standing at $2.45 billion in 2023, is projected to reach $2.64 billion in 2024, demonstrating a compound annual growth rate (CAGR) of 7.4%. This historic phase of growth can be credited to several contributing factors, including the scale expansion of food supply chains, a surge in international food commerce, a heightening demand for food products with higher safety standards, rapid urbanization, increased instances of salmonella outbreaks, and a rise in the utilization of new food ingredients.

The market size for salmonella testing is predicted to witness substantial expansion in the forthcoming years. By 2028, it is set to reach $3.57 billion, with a compound annual growth rate (CAGR) of 7.8%. Factors contributing to this anticipated growth during the forecast period include the rising consumer awareness, boosted production and consumption of processed and packaged goods, a surge in cases of foodborne diseases, heightened food safety worries, and increasing research and development operations. Key trends expected to emerge during this forecast timeframe are advancements in technology, swift testing methods, whole-genome sequencing, location-based testing, and data analytics.

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What Drivers Are Enhancing the salmonella testing Market’s Growth?

The growth of the market for salmonella testing is anticipated to be driven by the upsurge in cases of foodborne illness. These illnesses are typically caused by consuming drinks or food contaminated with hazardous viruses, bacteria, parasites, or chemicals, often leading to symptoms such as nausea, abdominal pain, vomiting, and diarrhea. The rise in these illnesses can generally be attributed to inadequate cooking, cross-contamination, compromised hygiene practices, unsanitary water, undercooked meat, incorrect food handling, and poor food storage. Salmonella tests play a vital role in preventing and controlling these illnesses by identifying any presence of Salmonella bacteria in food and environmental samples. Early detection through these tests guarantees food safety and significantly minimizes the potential chances of illness from tainted food products. For example, in December 2023, the European Food Safety Authority (EFSA), a government agency based in Italy, reported there were 5,763 outbreaks of foodborne infections in the European Union in 2022, indicating an increase of 44% from the previous year (2021). Consequently, this rise in foodborne illnesses is a significant factor propelling the growth of the salmonella testing market.

What Segments Are Central to the Salmonella Testing Market?

1) By Testing Method: Culture-Based Methods, Molecular-Based Methods, Immunoassays

2) By Sample Type: Food, Water, Environmental Surfaces

3) By Application: Clinical Diagnostics, Food Safety Testing, Veterinary Diagnostics

4) By End User: Food Producers And Manufacturers, Contract Testing Laboratories, Government And Regulatory Bodies, Other End Users

What Emerging Trends Are Influencing Salmonella Testing Industry Dynamics?

The key corporations in the salmonella testing market are aiming to invent cutting-edge products, such as molecular diagnostic assays, to improve the timeliness and correctness of identifying salmonella bacteria in environmental and food samples. Molecular diagnostic assays are advanced testing systems that detect exclusive genetic material or biomarkers in pathogens like Salmonella employing techniques like polymerase chain reaction (PCR). For example, Neogen Corporation, a leading US firm specialising in animal and food safety solutions, launched the Neogen Molecular Detection Assay 2 for Salmonella Enteritidis/Salmonella Typhimurium in April 2024 to augment safety in the food and drink industry. This innovative approach utilises the latest molecular technology to speedily and correctly identify particular Salmonella strains, showcasing improved precision over traditional testing methods. The state-of-the-art technique is engineered to detect two separate Salmonella serotypes simultaneously, simplifying the testing process and reducing the wait time for results. Its considerable sensitivity ensures dependable detection even under minimal contamination circumstances, making it an invaluable asset in avoiding foodborne incidents and guaranteeing product safety.

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Which Geographic Locations Are Critical to the Growth of the Salmonella Testing Market?

North America was the largest region in the global salmonella testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the salmonella testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Salmonella Testing Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the salmonella testing market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Salmonella Testing Market Include

1. Salmonella Testing Market Executive Summary

2. Salmonella Testing Market Segments

3. Salmonella Testing Market Size And Template Market Growth Rate

4. Key Salmonella Testing Market Trends

5. Major Salmonella Testing Market Drivers

……

25. Key Mergers And Acquisitions In The Salmonella Testing Market

26. Top Salmonella Testing Companies

27. Salmonella Testing Market Opportunities And Strategies

28. Salmonella Testing Market, Conclusions And Recommendations

29. Appendix

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