South Africa Food Safety Testing Market Key Trends in Terms of Volume and Value
Posted by facto on November 14th, 2019
Facto Market Insights has recently added a new study to its broad research portfolio, which is titled as South Africa Food Safety Testing Market Key Trends in Terms of Volume and Value 2018-2025 provides an in-depth analysis of the South Africa Food Safety Testing with the forecast of market size and growth. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.
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Food safety testing refers to the inspection of food products for disease-causing organisms, chemicals, and other hazardous materials. It is generally targeted at three primary food contaminants namely, pathogens, chemicals, and genetically modified organisms (GMOs).
In addition, rise in economically motivated adulterations (EMAs) due to high competition among food producers, and increase in instances of food debasement, such as adulterations, pesticides, artificial taste enhancers, and certifications, boost the growth of the food safety testing market. However, lack of food control infrastructure in the developing economies, complexity in testing techniques, and lack of harmonization of regulations are anticipated to hamper the growth of the market.
The South Africa food safety testing market was valued at ,727 thousand in 2017, and is estimated to reach 5,995 thousand by 2025, registering a CAGR of 10.4% from 2018 to 2025.
The South Africa food safety testing market is highly competitive, owing to the presence of several well-established manufacturers and vendors. The market has been undergoing significant consolidation over the last few years, and this trend is expected to continue further, owing to increase in acceptance of food safety testing and technological advancements.
The major players analyzed in this report are ALS Limited, Bio-Rad Laboratories, Inc., Bureau Veritas, Deltamune, DNV GL AS (DNV), Eurofins Scientific S.E., Intertek Group plc., QIMA Limited, SGS SA (SGS), and TUV SUD.
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