Market Introduction
The APAC region comprises developed and developing countries such as Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The growth of the food pathogen testing market in the Asia Pacific region is mainly attributed to the rising focus of government authorities towards framing stringent food safety regulations in countries such as China, Australia, South Korea, and Taiwan. Globally identified food pathogens are E. coli, salmonella, listeria, campylobacter, and many others. Many research studies suggest that foodborne diseases are more common in the Asia Pacific region are less common in North America and Europe. The highly perishable food products such as fruit & vegetables and meat & poultry are increasingly analyzed for pathogens along with residue. The processed food products segment has further come under stringent regulatory scanning following the recent food safety scares. The new entrants in the Asia-Pacific food pathogen testing market are facing intense competition from the established players who enjoy greater client confidence and greater recognition among consumers.
Market Overview and Dynamics
The Food Pathogen Testing market in Asia Pacific is expected to grow from US$ 1053.94 million in 2019 to US$ 1936.65 million by 2027; it is estimated to grow at a CAGR of 8.0% 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 Asia Pacific. 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.
Key Market Segments
In terms of type, salmonella segment accounted for the largest share of the Asia Pacific 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 Asia Pacific Food Pathogen Testing market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific 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, ALS Limited, AsureQuality and FoodChain ID Group Inc.
Reasons to Buy Report
Asia Pacific Food Pathogen Testing Market Segmentation
Asia Pacific Food Pathogen Testing market, by Type
Asia Pacific Food Pathogen Testing market, by Technology
Asia Pacific Food Pathogen Testing market – by Food Type
Asia Pacific Food Pathogen Testing market – by Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1053.94 Million |
| Market Size by 2027 | US$ 1936.65 Million |
| CAGR (2020 - 2027) | 8.0% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Food Pathogen Testing Market is valued at US$ 1053.94 Million in 2019, it is projected to reach US$ 1936.65 Million by 2027.
As per our report Asia Pacific Food Pathogen Testing Market, the market size is valued at US$ 1053.94 Million in 2019, projecting it to reach US$ 1936.65 Million by 2027. This translates to a CAGR of approximately 8.0% during the forecast period.
The Asia Pacific 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 Asia Pacific Food Pathogen Testing Market report:
The Asia Pacific Food Pathogen Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Food Pathogen Testing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Food Pathogen Testing Market value chain can benefit from the information contained in a comprehensive market report.
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