European continent comprises several developing economies, including Germany, France, Italy, UK, and Russia, among others. The European food pathogen testing market is primarily being driven by rapid growth in the food sector in countries such as Germany, France, Italy, and the UK, among others. Growing population and rising disposable income, coupled with busy lifestyles, led to the growth of the food sector in Europe. Transforming lifestyle trends concerning the food industry and increasing prevalence of food poisoning cases in the European Union has had a noteworthy influence on the food pathogen testing market in Europe.
The Food Pathogen Testing market in Europe is expected to grow from US$ 1469.78 million in 2019 to US$ 2754.13 million by 2027; it is estimated to grow at a CAGR of 8.3% from 2020 to 2027. Food pathogen testing is defined as the process that helps in monitoring the presence of any life-threatening bacteria or microbes in food. The food pathogen testing is mainly crucial for the food industry as there are about 31 known viruses and bacteria causing pathogens that can lead to harmful foodborne diseases. This method of testing is employed in every step of food production to ensure food safety. The rise in safety concerns and regulations due to the number of cases of food poisoning drives the growth of the market for food pathogen testing. Also, advancements in various food pathogen testing methods like polymerase chain reaction and immunomagnetic separation and limited detection time favors the adoption of food pathogen testing by various participants in the food industry.
COVID 19 has impacted the major countries of Europe. Most of the countries in the region are under lockdown, which is impacting the Food Pathogen Testing Market. This is likely to impact the food and beverages industry in the region, mainly due disrupted supply and distribution chains.
In terms of type, salmonella segment accounted for the largest share of the Europe Food Pathogen Testing market. In 2019 In terms of technology, rapid technology segment held the largest market share in 2019. In terms of food type, meat and poultry sector accounted for the largest share of the Europe Food Pathogen Testing market.
A few major primary and secondary sources referred to for preparing this report on the Europe Food Pathogen Testing market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are SGS SA, Bureau Veritas, Intertek Group Plc, Eurofins Scientific, Nérieux NutriSciences, ifp Institut für Produktqualität GmbH, ALS Limited, and FoodChain ID Group Inc.
Europe Food Pathogen Testing market, by Type
Europe Food Pathogen Testing market, by Technology
Europe Food Pathogen Testing market – by Food Type
Europe Food Pathogen Testing market – by Country
Strategic insights for the Europe Food Pathogen Testing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 1469.78 Million |
Market Size by 2027 | US$ 2754.13 Million |
Global CAGR (2020 - 2027) | 8.3% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Food Pathogen Testing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe Food Pathogen Testing Market is valued at US$ 1469.78 Million in 2019, it is projected to reach US$ 2754.13 Million by 2027.
As per our report Europe Food Pathogen Testing Market, the market size is valued at US$ 1469.78 Million in 2019, projecting it to reach US$ 2754.13 Million by 2027. This translates to a CAGR of approximately 8.3% during the forecast period.
The Europe Food Pathogen Testing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Food Pathogen Testing Market report:
The Europe Food Pathogen Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Food Pathogen Testing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Food Pathogen Testing Market value chain can benefit from the information contained in a comprehensive market report.