Food Tester Market
Food Tester Market 2018-2028: Stringent Regulations and Standards in the Food Industry Driving Demand
- Ongoing
- June 2020
- REP-GB-8479
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This Food Tester market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Food Tester market.
Food Tester Market: Overview
The increasing strict regulations and standards for adulteration in food is creating a need for food tester and are significantly fuelling the global food tester market. Food tester is the equipment which analyzes the components of food. Food tester plays a key role in the food industry. Food analyzers are mostly used by manufacturers to ensure quality control and safety. The agricultural sector uses mass spectrometry/ chromatography to detect the amount of pesticides present in the food. Food tester is also used to count bacterial colonies in the food sample. Food tester also determines the content of protein, fat, oil, flavor and others. Various parameters need to be considered before buying food testers are the use of food tester based on application, i.e. quality control or amount of contamination in food. Other factors are ease of use, the speed of analysis, type of analysis, sample size, and others.
Some of the key applications for food tester are food chemistry analysis, food microbiology analysis, food nutrition analysis, food allergen analysis, natural food toxin analysis, food shelf-life studies, food quality control determination, and others. Food chemistry analysis includes testing of fat, protein, moisture, salt, minerals, contamination, sugar, pH, and others. Food microbiology analysis includes salmonella, lactobacillus, staphylococcus aureus, yeast, E. coli, pseudomonas, mold, Listeria, and others. Food allergen analysis includes the test for the presence of egg, peanut, soy, and others. Natural food toxin analysis includes testing of fumosin, histamine, and others. Food quality control determination includes wheat adulteration, GMO analysis.
Regulatory compliance plays a key driver for the growth of food tester market. Food testing compliance are Food and Drug Administration/Bacteriological Analytical Manual (FDA/BAM), Food Safety and Inspection Service (FSIS), U.S. Department of Agriculture (USDA), International Organization for Standardization (ISO), Association of Official Agricultural Chemists (AOAC), United States Pharmacopeial Convention (USP), American Public Health Association's Compendium of Methods for the Microbiological Examination of Food (CMMEF), and others. With the increasing regulation and continuous advancements in food testers, the market for food tester is expected to grow with a significant rate during the forecast period.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
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The food tester market is expected to grow at a significant CAGR during the forecast period due to the strict regulations and standards set by the regulatory bodies of various countries. The other factors creating the demand for food testers are increasing adulteration, use of preservatives, use of pesticides, a rising concern for organic food, and others. All the factors are expected to have a positive impact on the growth of global food tester market.
The challenges associated with the growth of global food tester market are variation in regulatory standards for different regions or countries. However, food tester manufacturers are continuously focused on manufacturing food testers based on regional standards and are expected to overcome this challenge by the end of the forecast period.
Food Tester Market: Key Players
Some of the key players for food tester market are Labcompare, LabX, Presto Group, Progen Scientific, Thwing Albert, Boekel Scientific, Thermo Fisher Scientific, Amaze Instruments, and others. The companies are highly focused on capturing regional markets by offering food tester based on country-specific standards.
Food Tester Market: Regional Overview
North America and Western Europe are expected to have the prominent market share of food tester during the forecast period. The strict regulations for maintaining food standards and the massive demand for packaged food is driving the food tester market in the U.S. and Canada. The developing countries of APEJ such as China and India are expected to have high Y-o-Y growth during the forecast period due to the increasing demand for the agricultural sector.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Food Tester Market Segments
- Food Tester Market Dynamics
- Food Tester Market Size
- Food Tester Supply & Demand
- Food Tester Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology
- Food Tester Value Chain
- Food Tester Market Drivers and Restraints
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
- Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
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Food Tester Market: Segmentation
Food tester market based on end-use:
Food tester market can be segmented as-
- Agricultural Sector
- Food Manufacturing Sector
- Others
Food tester market based on device:
Food tester market can be segmented as-
- Spectrometers
- Refractometers
- Titrators
- Moisture Analyzers
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions
What research methodology is used to develop the Food Tester Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Food Tester Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Food Tester Market report?
In addition to up-to-date market figures and customized of the Food Tester Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Akshay Godge
Client Partner - Global Business Development