While the food safety testing market is established in Europe and North America, emerging markets such as Latin America, Africa, and Asia Pacific show a potential for growth, according to a report by MarketsandMarkets.
This is due to increase in international food trade, consumer awareness of food contamination, outbreaks of food poisoning, and unexplored potential in emerging countries.
China and India are expected to create a huge opportunity for the market.
The market for food safety testing is projected to reach US$15,040.7 million and a volume of 1,154.8 million tests by 2019.
In 2013, North America was the largest market for food safety testing, while Asia Pacific is projected to be the fastest-growing market during the review period.
