Molecular Methods Market For Food Safety Testing Size, Share & Trends Analysis Report By Technology (PCR, Biosensors, Microarray), By Product (Instruments, Services), And Segment Forecasts, 2019 - 2026

Published: Oct, 2019 | Pages: 160 | Publisher: Grand View Research
Industry: Biotechnology | Report Format: Electronic (PDF)

The global molecular methods market for food safety testing size is expected to reach USD 2.9 billion by 2026, expanding at a CAGR of 6.8% during the forecast period, according to a new report by Grand View Research, Inc. Expanding applications of microfluidic chip-based devices and paper-based devices have driven their implementation as simple and rapid solutions for screening of foodborne pathogens. These devices offer numerous advantages such as cost-effectiveness, specificity, sensitivity, ease of usage, and speed.

As a result, molecular assays are gaining substantial popularity over conventional detection methods. Furthermore, numerous initiatives are being undertaken by government agencies, which boosts the adoption of molecular assays. Investments in quality control testing and enforcing regulatory compliance in the course of product testing is one of the common initiatives undertaken. For instance, in July 2019, the United Nations (UN) General Assembly designated two of its agencies for the promotion of food safety across the world-the Food and Agriculture Organization (FAO) and the World Health Organization (WHO)-and developed guidelines related to it.

Moreover, there is increasing demand for proactive supply chain management solutions and IoT sensors for tracking the authenticity during the product development cycle, from the time of its harvestmen to delivery. This is expected to drive research activities. Penetration of blockchain technology, a technology that hails as a savior of food safety and traceability, is attributive to induce substantial progress in the food safety testing market.

Key market participants are undertaking numerous strategic initiatives to expand their molecular technology-based products and services for delivery of better molecular solutions. Furthermore, presence of a substantial number of investors to drive development and adoption of food-safety platforms is aiding in the revenue growth of companies. For instance, in April 2019, Tyson Foods Inc. announced its investment in Clear Labs Inc., a food safety testing company that relies on the robotic platform for detection of pathogens like salmonella.

Further key findings from the report suggest:

• Polymerase Chain Reaction (PCR) technology offers high sensitivity and specificity, thus attributing to the largest revenue share. Rising implementation of reverse transcriptase (RT)-qPCR in monitoring bacteria's metabolic activity during processing and storage is also supporting segment growth

• Biosensors effectively overcome the drawbacks of microbiological and chemical analyses by eliminating the additional steps of extraction or sample treatment and offering affordability. This is expected to drive the biosensors segment

• The emergence of automated instruments leads to time-saving and convenient data handling and interpretation, thus resulting in the fastest growth rate of the instruments segment

• North America dominated the global market due to the presence of several market participants operating from U.S. and Canada

• The Asia Pacific is poised to witness the fastest growth during the forecast period. This is attributive to the globalization of food trade, imposition of regulatory norms, and growing demand for packaged and organic products in Asian countries

 Table of Contents

Chapter 1 Research Methodology & Scope
                 1.1 Information Procurement
                     1.1.1 Purchased database
                     1.1.2 GVR's internal database
                     1.1.3 Secondary sources
                     1.1.4 Third Party Perspective
                     1.1.5 Primary Research
                 1.2 Information or Data Analysis
                 1.3 Market Formulation & Validation
                 1.4 Region Wise Market Calculation
                     1.4.1 Region wise market: Base estimates
                     1.4.2 Global market: CAGR calculation
                     1.4.3 Region based segment share calculation

Chapter 2 Executive Summary
                 2.1 Molecular Methods Market for Food Safety Testing: Segment Outlook
                 2.2 Molecular Methods Market for Food Safety Testing Competitive Insights

Chapter 3 Molecular Methods Market for Food Safety Testing: Variables, Trends & Scope
                 3.1 Industry Pyramid Analysis
                 3.2 Penetration & Growth Prospect Mapping for Technology, 2018
                 3.3 Food Safety Testing: Regulatory and Political Environment
                 3.4 Molecular Methods Market For Food Safety Testing - Market Dynamics
                     3.4.1 Market driver analysis
                         3.4.1.1 Improvement in food safety regulations
                         3.4.1.2 Introduction of automation in food testing protocols
                         3.4.1.3 Growing burden of food borne illness
                         3.4.1.4 Rise in demand for packaged and organic food products
                     3.4.2 Market restraint analysis
                         3.4.2.1 High cost of advanced molecular testing equipment
                         3.4.2.2 Lack of food safety awareness in developing economies
                     3.4.3 Market challenge analysis
                         3.4.3.1 Budget and resources constraints
                 3.5 Molecular Methods Market for Food Safety Testing - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)
                 3.6 Industry Analysis - Porter's
                 3.7 Major Deals & Strategic Alliances Analysis
                     3.7.1 Product developement
                     3.7.2 Agreement and collaborations
                     3.7.3 Merger & acquisition
                     3.7.4 Licensing & partnership

Chapter 4 Molecular Methods Market for Food Safety Testing Categorization: Technology Estimates & Trend Analysis
                 4.1 Molecular Methods Market For Food Safety Testing : Technology Movement Analysis
                 4.2 Polymerase Chain Reaction (PCR)
                     4.2.1 Global polymerase chain reaction (PCR) market for food safety testing, 2015 - 2026 (USD Million)
                 4.3 Immunoassay
                     4.3.1 Global immunoassay market for food safety testing, 2015 - 2026 (USD Million)
                 4.4 Biosensors
                     4.4.1 Global biosensors market for food safety testing, 2015 - 2026 (USD Million)
                 4.5 Microarray
                     4.5.1 Global microarray market for food safety testing, 2015 - 2026 (USD Million)
                 4.6 Others
                     4.6.1 Global other technology market for food safety testing, 2015 - 2026 (USD Million)

Chapter 5 Molecular Methods Market for Food Safety Testing Categorization: Product Estimates & Trend Analysis
                 5.1 Molecular methods Market for Food Safety Testing : Product Movement Analysis
                 5.2 Instruments
                     5.2.1 Global instruments market, 2015 - 2026 (USD Million)
                 5.3 Reagents and Consumables
                     5.3.1 Global reagents and consumables market, 2015 - 2026 (USD Million)
                 5.4 Services
                     5.4.1 Global services market, 2015 - 2026 (USD Million)

Chapter 6 Molecular Methods Market for Food Safety Testing: Regional Estimates & Trend Analysis, by Technology & Product
                 6.1 Molecular Methods Market for Food Safety Testing Share By Region, 2018 & 2026
                 6.2 North America
                     6.2.1 North America molecular methods market for food safety testing, 2015 - 2026 (USD Million)
                     6.2.2 U.S.
                         6.2.2.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.2.2.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                     6.2.3 Canada
                         6.2.3.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.2.3.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                 6.3 Europe
                     6.3.1 Market for food safety testing, 2015 - 2026 (USD Million)
                     6.3.2 Germany
                         6.3.2.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.3.2.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                     6.3.3 U.K.
                         6.3.3.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.3.3.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                 6.4 Asia Pacific
                     6.4.1 Market for food safety testing, 2015 - 2026 (USD Million)
                     6.4.2 Japan
                         6.4.2.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.4.2.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                     6.4.3 China
                         6.4.3.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.4.3.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                 6.5 Latin America
                     6.5.1 Market for food safety testing, 2015 - 2026 (USD Million)
                     6.5.2 Brazil
                         6.5.2.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.5.2.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)
                 6.6 Middle East & Africa
                     6.6.1 Market for food safety testing, 2015 - 2026 (USD Million)
                     6.6.2 South Africa
                         6.6.2.1 Market for food safety testing, by technology, 2015 - 2026 (USD Million)
                         6.6.2.2 Market for food safety testing, by product, 2015 - 2026 (USD Million)

Chapter 7 Molecular Methods Market For Food Safety Testing : Competitive Landscape
                 7.1 Company Categorization
                 7.2 Recent Developments & Impact Analysis, by Key Market Participants
                 7.3 Public Companies
                     7.3.1 Company market position analysis
                 7.4 Private Companies
                     7.4.1 List of key emerging companies
                 7.5 Strategy Framework
                 7.6 Company Profiles
                     7.6.1 Thermo Fisher Scientific Inc.
                         7.6.1.1 Company overview
                         7.6.1.2 Financial performance
                         7.6.1.3 Product benchmarking
                         7.6.1.4 Strategic initiatives
                     7.6.2 QIAGEN
                         7.6.2.1 Company overview
                         7.6.2.2 Financial performance
                         7.6.2.3 Product benchmarking
                         7.6.2.4 Strategic initiatives
                     7.6.3 3M
                         7.6.3.1 Company overview
                         7.6.3.2 Financial performance
                         7.6.3.3 Product benchmarking
                         7.6.3.4 Strategic initiatives
                     7.6.4 Veredus Laboratories
                         7.6.4.1 Company overview
                         7.6.4.2 Financial performance
                         7.6.4.3 Product benchmarking
                         7.6.4.4 Strategic initiatives
                     7.6.5 NEOGEN CORPORATION
                         7.6.5.1 Company overview
                         7.6.5.2 Financial performance
                         7.6.5.3 Product benchmarking
                         7.6.5.4 Strategic initiatives
                     7.6.6 Bio-Rad Laboratories, Inc.
                         7.6.6.1 Company overview
                         7.6.6.2 Financial performance
                         7.6.6.3 Product benchmarking
                         7.6.6.4 Strategic initiatives
                     7.6.7 bioMérieux SA
                         7.6.7.1 Company overview
                         7.6.7.2 Financial performance
                         7.6.7.3 Product benchmarking
                         7.6.7.4 Strategic initiatives
                     7.6.8 HiMedia Laboratories
                         7.6.8.1 Company overview
                         7.6.8.2 Financial performance
                         7.6.8.3 Product benchmarking
                         7.6.8.4 Strategic initiatives
                     7.6.9 Eurofins Scientific
                         7.6.9.1 Company overview
                         7.6.9.2 Financial performance
                         7.6.9.3 Product benchmarking
                         7.6.9.4 Strategic initiatives
                     7.6.10 SGS SA
                         7.6.10.1 Company overview
                         7.6.10.2 Financial performance
                         7.6.10.3 Product benchmarking
                         7.6.10.4 Strategic initiatives

List of Tables

TABLE 1 North America molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 2 North America molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 3 U.S. molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 4 U.S. molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 5 Canada molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 6 Canada molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 7 Europe molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 8 Europe molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 9 Germany molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 10 Germany molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 11 U.K. molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 12 U.K. molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 13 Asia Pacific molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 14 Asia Pacific molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 15 Japan molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 16 Japan molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 17 China molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 18 China molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 19 Latin America molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 20 Latin America molecular methods market for food safety testing estimates & forecasts, by Product, 2015 - 2026 (USD Million)
TABLE 21 Brazil molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 22 Brazil molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 23 Middle East & Africa molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 24 Middle East & Africa molecular methods market for food safety testing estimates & forecasts, by Product, 2015 - 2026 (USD Million)
TABLE 25 South Africa molecular methods market for food safety testing estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 26 South Africa molecular methods market for food safety testing estimates & forecasts, by product, 2015 - 2026 (USD Million)
TABLE 27 List of key emerging companies

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market segmentation & scope
FIG. 8 Market summary
FIG. 9 Industry pyramid analysis
FIG. 10 Penetration & growth prospect mapping for technology, 2018
FIG. 11 Market trends & outlook
FIG. 12 Market driver relevance analysis (Current & future impact)
FIG. 13 Market restraint relevance analysis (Current & future impact)
FIG. 14 SWOT Analysis, By Factor (political & legal, economic and technological)
FIG. 15 Porter's Five Forces Analysis
FIG. 16 Molecular methods market for food safety testing : Technology outlook key takeaways
FIG. 17 Molecular methods market for food safety testing : Technology movement analysis
FIG. 18 Global PCR market for food safety testing, 2015 - 2026 (USD Million)
FIG. 19 Global immunoassay market for food safety testing, 2015 - 2026 (USD Million)
FIG. 20 Global biosensor market for food safety testing, 2015 - 2026 (USD Million)
FIG. 21 Global microarray market for food safety testing, 2015 - 2026 (USD Million)
FIG. 22 Global others market for food safety testing, 2015 - 2026 (USD Million)
FIG. 23 Molecular methods market for food safety testing : Product outlook key takeaways
FIG. 24 Molecular methods market for food safety testing : Product movement analysis
FIG. 25 Global instrument market, 2015 - 2026 (USD Million)
FIG. 26 Global reagent & consumable market, 2015 - 2026 (USD Million)
FIG. 27 Global services market, 2015 - 2026 (USD Million)
FIG. 28 Regional market place: Key takeaway
FIG. 29 Molecular methods market for food safety testing regional outlook, 2018 & 2026
FIG. 30 North America molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 31 U.S. molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 32 Canada molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 33 Europe molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 34 Germany molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 35 U.K. molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 36 Asia Pacific molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 37 Japan molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 38 China molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 39 Latin America. molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 40 Brazil molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 41 Middle East & Africa. molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 42 South Africa molecular methods market for food safety testing , 2015 - 2026 (USD Million)
FIG. 43 Molecular methods market for food safety testing: Company categorization
FIG. 44 Impact analysis by key companies
FIG. 45 Strategy framework