PCR System for Food Diagnostics Market is expected to record a CAGR of over 8%

Posted by Ritu on November 11th, 2020

The PCR system for food diagnostics market size has the potential to grow by USD 833.14 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

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This report provides a detailed analysis of the market by product (consumables and instruments) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Agilent Technologies Inc., bioMérieux SA, Bio-Rad Laboratories Inc., BIOTECON Diagnostics GmbH, Danaher Corp., Hygiena LLC, Minerva Biolabs GmbH, QIAGEN NV, R-Biopharm AG, and Thermo Fisher Scientific Inc.

Who are the Major PCR System for Food Diagnostics Vendors?
The market is concentrated. Vendors operating in the market are focusing on integrating technologically advanced solutions in their products to enlarge their product portfolio and customer base. This will lead to new product launches during the forecast period. Hygiena LLC, Minerva Biolabs GmbH, QIAGEN NV, R-Biopharm AG, and Thermo Fisher Scientific Inc. are some of the major market participants. Although the rising foodborne illnesses will offer immense growth opportunities, climate change, and global warming that affects food production will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this PCR system for the food diagnostics market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this PCR system for the food diagnostics market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Agilent Technologies Inc.
bioMérieux SA
Bio-Rad Laboratories Inc.
BIOTECON Diagnostics GmbH
Danaher Corp.
Hygiena LLC
Minerva Biolabs GmbH
QIAGEN NV
R-Biopharm AG
Thermo Fisher Scientific Inc.


Which are the Key Markets for PCR System for Food Diagnostics?
pcr-system-for-food-diagnostics-market-share-by-region

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Europe will offer several growth opportunities to market vendors during the forecast period. The presence of regulatory organizations such as the European Food Safety Authority (EFSA) will significantly influence the PCR system for food diagnostics market growth in this region during the forecast period.

Almost 30% of the market’s growth will originate from Europe during the forecast period. The UK is the critical market for PCR systems for food diagnostics in Europe. Market growth in this region will be slower than the growth of the market in Asia.

What are the Major Product Segments in the PCR System for Food Diagnostics Market?
pcr-system-for-food-diagnostics-market-share-by-distribution-channel

Consumables include assays, probes, reagents, and kits. Their wide applicability and easy handling and transport are increasing their sales, contributing to the growth of this segment’s PCR system for food diagnostics market share.

The PCR system for food diagnostics market growth by the consumables segment will be faster than the growth of the market by the instruments segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the PCR system for food diagnostics market size.

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Ritu

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Ritu
Joined: September 14th, 2020
Articles Posted: 26

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