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South & Central America Food Safety Testing Kits Market
No. of Pages: 142 | Report Code: BMIRE00027894 | Category: Consumer Goods
No. of Pages: 142 | Report Code: BMIRE00027894 | Category: Consumer Goods
The South & Central America food safety testing kits market is expected to grow from US$ 1,226.11 million in 2022 to US$ 1,905.15 million by 2028. It is estimated to grow at a CAGR of 7.6% from 2022 to 2028.
Greater Emergence of Foodborne Illness Outbreaks Drives the growth of South & Central America Food Safety Testing Kits Market
Foodborne illnesses are toxic or infectious in nature and caused by chemical substances, parasites, viruses, entering the body through contaminated water or food. Foodborne pathogens can cause debilitating infections such as meningitis or severe diarrhea. In some cases, chemical contamination can cause long term diseases such as cancer or short-term illness such as acute poisoning. Foodborne diseases may lead to death for long lasting disability. Examples of unsafe food includes raw shellfish containing marine biotoxins, vegetables and fruits contaminated with feces, and uncooked foods of animal origin. E. Coli, campylobacter, and salmonella are among the most common foodborne pathogens that affect millions of people worldwide annually and result in fatal or severe outcomes. Symptoms include diarrhea, abdominal pain, vomiting, nausea, headache, and fever. Moreover, listeria infection leads to death of newborn babies or miscarriages in pregnant women. Although the chances of this disease are relatively low, the fatality of listeria makes it one of the most serious foodborne infections. Vibrio cholera infects people through contaminated food or water. Symptoms may include severe dehydration, profuse watery diarrhea, vomiting, abdominal pain, and could possibly result in death. Various types of seafood, millet gruel, vegetables, and rice have been implicated in cholera outbreaks.
All the antibiotics and other antimicrobials are used to treat infections caused by bacteria. The misuse and overuse of antimicrobials in human and veterinary medicine has been linked to emergence of resistant bacteria rendering the treatment of humans and animals ineffective. Antimicrobial medicine is identified as one of the biggest threats to modern medicine. Therefore, it has become extremely important to detect the contaminants beforehand and prevent them from entering the food chain. Thus, the importance of food safety testing kits has been increasing in terms of volume. Additionally, Foodborne diseases are preventable hence numerous organizations along with governments are leading coordinated action across multiple industries to build resilient and strong food safety systems. The involved parties are heavily investing to provide consumers with tools to make safe food choices. Thus, the emergence of foodborne illness drives the growth of South & Central America food safety testing kits market during the forecast period.
South & Central America Food Safety Testing Kits Market Overview
South and Central America comprise of Brazil, Argentina, and the Rest of South and Central America. Food processing and agricultural sectors in this region are the major contributors to economic development. Many leading manufacturers of food & beverages operate in this region. South & Central America offers lucrative opportunities for the players offering services in the South & Central America food safety testing kits market, owing to the rapid development of the food & beverages sector in the region. Moreover, the presence of leading manufacturers in the food & beverages industry is expected to create lucrative growth opportunities for the vendors in the food safety testing kits market. Furthermore, consumers are becoming more aware of labels and demand transparency for food products and their ingredients which has emphasized food safety testing. The ready-to-eat food market is expected to grow due to an increase in the working population and rising per capita disposable income. The other factors that drive the market for ready-to-eat food are changing taste preferences of people, changes in lifestyle among affluent consumers, and the positive impact of growing e-commerce retail platforms. Hence, with the increasing manufacturing and consumption of packaged food, the South & Central America food safety testing kits market is expected to grow over the forecast period as the regulations in each country make it mandatory to ensure the safety of the food products.
Strategic insights for the South & Central America Food Safety Testing Kits 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. The geographic scope of the South & Central America Food Safety Testing Kits 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.South & Central America Food Safety Testing Kits Strategic Insights
South & Central America Food Safety Testing Kits Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,226.11 Million
Market Size by 2028
US$ 1,905.15 Million
Global CAGR (2022 - 2028)
7.6%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Contaminant
By Technology
By Food Type
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
South & Central America Food Safety Testing Kits Regional Insights
South & Central America Food Safety Testing Kits Market Segmentation
The South & Central America food safety testing kits market is segmented into contaminant, technology, food type, and country.
Based on contaminant, the South & Central America food safety testing kits market is segmented into pathogen, pesticides, toxins, GMOS, and others. The pathogen segment held the largest market share in 2022. By pathogen, market segmented into salmonella, E.coli, listeria, campylobacter, s. aureus, and others.
Based on technology, the South & Central America food safety testing kits market is bifurcated into traditional, and rapid. The rapid segment held the larger market share in 2022.By rapid, market segmented into PCR-based testing, immunoassay-based testing, LAMP, and others.
Based on food type, the South & Central America food safety testing kits market is segmented into meat, poultry, & seafood products, dairy products, cereals & grains, processed food, fruits & vegetables, and others. The meat, poultry, & seafood products segment dominated the market share in 2022.
Based on country, the South & Central America food safety testing kits market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the market share in 2022.
ALS Limited; Bureau Veritas; Eurofins Scientific; Intertek Group Plc; NEOGEN Corporation; SGS SA; TÜV NORD GROUP; and TÜV SÜD are the leading companies operating in the South & Central America food safety testing kits market.
The South & Central America Food Safety Testing Kits Market is valued at US$ 1,226.11 Million in 2022, it is projected to reach US$ 1,905.15 Million by 2028.
As per our report South & Central America Food Safety Testing Kits Market, the market size is valued at US$ 1,226.11 Million in 2022, projecting it to reach US$ 1,905.15 Million by 2028. This translates to a CAGR of approximately 7.6% during the forecast period.
The South & Central America Food Safety Testing Kits 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 South & Central America Food Safety Testing Kits Market report:
The South & Central America Food Safety Testing Kits Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Food Safety Testing Kits Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Food Safety Testing Kits Market value chain can benefit from the information contained in a comprehensive market report.