(Entertainment-NewsWire.com, October 30, 2017 ) The Middle East and Africa Food Safety Testing Market was worth $0.85 billion in 2016 and estimated to be growing at a CAGR of 6.12%, to reach $1.13 billion by 2021. Food supply, globally, is under persistent threat, and there is an increasing need for realistic test products that can safeguard food safety.
Shortcoming in treating and processing the food to put an end to toxins and other impurities, incorrect handling of food and polluted input food materials are the main factors that results in food contamination.
The growth of the Middle East and Africa Food Safety Testing Market is mainly driven by factors such as increase in the number of foodborne illnesses and globalization of the food business. Factors such as time and cost of the testing procedures, volatile economies and lack of awareness are the main factors limiting the growth of this market.
The Middle East and Africa Food Safety Market Testing is segmented based on contaminants tested, food type, and technology. On the basis of contaminants tested, the Middle East and Africa Food Safety Testing market is segmented into Microbial, GMOs, Metal Contaminants, Pesticides and Residues, Toxins, Food Allergen, and Others. On the basis of Technology, the market is segmented into Traditional and Rapid. On the basis of Food Type, the market is segmented into Meat & Poultry, Dairy Product, Processed Food, Beverages, Fruits & Vegetables, and Others.
The market has been geographically segmented into Middle east and Africa. In terms of revenue, South Africa leads the market in this region. Other major markets in this region include Zimbabwe, Zambia, Tanzania and Nigeria. The market in this region has the lowest share due to lack of awareness regarding this market.
The major companies dominating the market in this region are Bureau Veritas S.A., ALS Limited, Eurofins Scientific, Intertek Group PLC, Silliker Inc., and DTS Laboratories.
Market Segmentation
1) By Contaminant Microbial GMOs Metal Contaminants Pesticides and Residues Toxins Food Allergen Others
Reasons to buy Middle East and Africa Food Safety Testing Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of By Contaminant, By Food Type, and By Technology along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the Middle East and Africa market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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