Report : South America Food Pathogen Testing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (E.coli, Salmonella, Listeria, Campylobacter and Others), Technology (Traditional Technology and Rapid Technology), and Food Type (Meat and Poultry, Processed Food, Fruits and Vegetables, Dairy, and Cereals and Grains)
According to a new market research study on “South America Food Pathogen Testing Market Forecast to 2027 – COVID-19 Impact and Analysis - By Type (E.coli, Salmonella, Listeria, Campylobacter and Others), Technology (Traditional Technology and Rapid Technology), and Food Type (Meat and Poultry, Processed Food, Fruits and Vegetables, Dairy, and Cereals and Grains)”, the market is expected to reach US$ 963.46 million by 2027 from US$ 561.02 million in 2019; it is estimated to grow at a CAGR of 7.1% from 2020 to 2027. The report provides trends prevailing in the South America Food Pathogen Testing market, and the drivers and restraints pertaining to the market growth. An upsurge in foodborne illness outbreak as well as there has been a rise of rapid pathogen testing in dairy production which will drive the demand for Food Pathogen Testing. However, food pathogen testing has provided sampling complexities which is going to hamper the market in developing countries in South America.
The Food Pathogen Testing market in South America is segmented into type, technology and food type. Based on technology the market is segmented into traditional technology and rapid technology. In 2019, rapid technology segment held the largest share of the South America Food Pathogen Testing market. Technological advancements for providing accurate results in limited time is amplifying the rapid technology segment growth. Rising testing kit launches with competitive prices are further fueling the industry share. The focus on reduced test time, sample utilization, cost of testing, and drawbacks related to traditional technologies have led to technological innovation and the development of novel technologies. Massive rapid technology adoption is an opportunity for small and medium-scale laboratories to expand their service offerings and help them compete with large market players in the industry. These technologies offer higher accuracy in results, sensitivity, reliability, among other benefits. The food pathogen testing industry is witnessing technological innovations as major players offer advanced, fast, and more accurate technologies. However, the outbreak of COVID-19 and lockdown imposed by the governments across South America is anticipated to have a huge disruption in the growth of various industries across South America. The governments across South America are taking measure like travel bans, business shutdowns, and lockdown, which is expected to hamper the anticipated revenue generation and growth opportunities for coming months.
SGS SA, Bureau Veritas, Intertek Group Plc, Eurofins Scientific, Nérieux NutriSciences, ALS Limited and FoodChain ID Group Inc. are among the leading companies in the South America Food Pathogen Testing market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The Report Segments the South America Food Pathogen Testing market as Follows:
South America Food Pathogen Testing market, by Type
- E. coli
- Salmonella
- Listeria
- Campylobacter
- Others
South America Food Pathogen Testing market, by Technology
- Traditional Technology
- Rapid Technology
South America Food Pathogen Testing market – by Food Type
- Meat and Poultry
- Processed Food
- Fruits and Vegetables
- Dairy
- Cereals and Grains
South America Food Pathogen Testing market – by Country
- Brazil
- Argentina
- Rest of South America
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