FOOD, NUTRITION AND ANIMAL FEED
Fenugreek seed extract market to witness pronounced growth from pharmaceutical applications, global revenue to surpass USD 9.5 million by 2024
The competitive hierarchy of fenugreek seed extract market is chronicled to get a bit consolidated over the ensuing years, boasting of a portfolio of renowned names like Arjuna Natural Extracts, Unique Organics, Nutra Green Biotechnology, Novoherb, and Bio-Botanica. The consolidation has been rather strengthened in recent years with international health organizations feverishly focusing on teaming up with global food manufacturers in a bid to skip the influence of middleman in the supply value chain. For instance, somewhat toward the end of last year, the UNPA (United Natural Products Alliance) and the China Nutrition and Health Food Association have inked an MOU agreement in the latest U.S. Embassy ceremony at Beijing. Reportedly, the deal comes on the heels of promoting the exchange research activities between U.S. and China for a sustainable development of natural healthy products in both the nations. Fenugreek seed extract industry dynamics is deemed to get benefited by similar patterns of government initiatives in close cooperation with market participants.
North America Fenugreek Seed Extract Market, By Application, 2013-2024, (Tons)
The pharmaceutical sector, unquestionably, is one of the major application frontiers of fenugreek seed extract market. Touted as panacea, fenugreek is claimed to be one of the most primitive medicinal plants, that has been witnessing an extensive demand both from Western and Eastern herbal medicine since centuries. The increasing percentage of geriatric populace base vulnerable to diabetes, particularly type 2, is prompting consumers to incline more toward nutrient dense food consumption, which would most certainly push fenugreek seed extract market size. According to the clinical research- Trigonelline, an essential plant alkaloid with tremendous therapeutic potential for central nervous disease and diabetes is found abundant in fenugreek seeds. Aided by the herb’s unique fiber composition blended with high proportion of saponins, fenugreek seeds are literally claimed to be godsend for obese and high cholesterol patient pool. Add to it, recent advancements in nutraceutical research has further opened up a slew of opportunities for fenugreek seed extract industry, with regards to exploitation in pharmaceutical domain.
Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2333
Pharmaceutical application, as per estimates, accounted for a significant share of fenugreek seed extract market share in 2016, accounting for almost USD 2 million. Besides being utilized in the treatment of diseases, the pharmacological properties of fenugreek seeds such as antifungal, anti-inflammatory, antibacterial, antihyperlipidemic, and antimicrobial, also contribute immensely in preventing onset of chronic diseases, metabolic diseases and oxidative damages in particular. Recent clinical research in fenugreek seed extract marketplace has further outlined the pharmaceutical utilization of these seeds with regards to gynecological problem. A study published at the International Journal of Medical Sciences, in the year before last, depicted that fenugreek seed extracts also help in treating ovarian cyst as well as symptoms of PCOS. Needless to mention, the ongoing expansion in research activities in a bid to exploit the maximum potential of this medicinal herb would prove to be one of the major driving forces for fenugreek seed extract industry over the ensuing years.
While fenugreek seed extract market has appreciably penetrated the medical sector, subject to its plethora of benefits with regard to human health in recent years, experts claim, it is still just a fraction of its multi potentiality. As fenugreek can be well grown across varied climatic conditions geographically, it is alleged to have wide genotypic variabilities, which, can open up new growth opportunities for fenugreek seed extract market giants. Ranging from temperate forests to tropical belt, fenugreek can be well cultivated across areas having an annual temperature range of 7.8–27.5 °C and an annual precipitation of range 300–1500 mm. The potential to grow even in these diversified climatic range and adverse conditions, is, undoubtedly a vital pointer enhancing the growth profile of fenugreek seed extract market.
Now that the significance of fenugreek seeds is clinically confirmed in healthcare domain, experts believe the need of the hour is to consider this herb in massive research projects not only to widen the application portfolio of fenugreek seed extract industry, but also to bring extensive improvements in its mass production.
Author Name : Satarupa De
Food encapsulation market valuation to surpass the 45-billion-dollar mark by 2024, fueled by the rising demand for healthy food with multidimensional sensations
Food encapsulation market has depicted phenomenal growth in the recent years, precisely on account of two major factors – the exponential rise in the demand for convenience food, subject to hectic lifestyles, in conjunction with the growing necessity to consume healthy and functional food. Increasing consumer awareness has resulted in the cumulative demand for fortified and processed food with improved taste, color and flavor, which has been fulfilled with food encapsulation that delivers bioactive molecules in foods. Consumers looking forward to maintaining a healthy lifestyle but refusing to compromise on the taste of food stand as pivotal drivers food encapsulation industry. Incidentally, food encapsulation market size is predicted to witness a 6% CAGR during the forecast period of 2017-2024.
U.S. Food Encapsulation Market, By Type, 2016 & 2024 (USD Million)
Subject to increasingly hectic schedules, the percentage of the modern-day consumer adopting a healthy lifestyle is minimally low, on account of which more and more consumers are looking up to foods that would provide them with all the health benefits that are needed to sustain a life full of vitality. This shifting trend in consumer preference has provided a major boost to the food encapsulation industry, as the microencapsulation process has made it possible to incorporate foods with essential vitamins and minerals without altering the general nutritional value of the food and preserving the food value even during processing.
Food encapsulation market has also been thriving on the ever-evolving and changing meal consumption behavior. Say for instance, in an event where consumers desire long-term availability and extended shelf lives for their favorite foods, food encapsulation protects nutrients like iron and vitamin C and shields oxygen sensitive compounds in food such as flavor and color during processing and storage. Encapsulation also prevents some nutrients in food from reacting among themselves to form undesired colors and compounds, which is another factor that helps contribute toward increased food encapsulation market demand. As food becomes less fragile, volatile or easy to spoil when converted from liquid to solid powder form, the conversion of liquid food forms to powdered solids to survive the challenges of processing, packaging and storage has been gaining increased prominence, serving as a major avenue for food encapsulation market growth.
Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/1203
In recent times, food encapsulation market size has exhibited commendable increase on account of the changing consumer demands for the incorporation of different flavors in diverse foods. This demand apparently rides on the necessity to create multidimensional sensations like sweetness and cooling in the same mint flavored chewing gum or a develop a chocolate alternative for diabetics/people trying to lose weight, that exudes the same sensation of creamy chocolate but is sugar free and low in fat content. Food encapsulation industry giants have even come up with chewing gums providing the much-needed caffeine boost that equates to a cup of coffee – all with the help of cocoa and caffeine microencapsulation. As the demand for such diverse products are on the rise, the revenue graph of food encapsulation market will continue to maintain an exponential trajectory in the forecast period.
Microencapsulation also helps incorporate the goodness of certain vitamins and minerals in foods. For instance, omega 3 fatty acids are not naturally produced in the human body but can be ingested through the intake of fish. However, since fish is not prioritized in American diet, to increase the intake of omega 3 fatty acids in consumers who possibly do not prefer fish or do not like the smell, microencapsulation is being adopted to incorporate fish oils in bread. This would deliver the goodness of omega 3 fatty acids to the consumer without the unpleasantness or necessity of consuming fish, and would lead to the generation of lucrative opportunities for food encapsulation industry players. It is noteworthy to mention that food encapsulation market undoubtedly is wrought with instances such as the aforementioned, which has led to massive revenue generation for this business space.
As per estimates, in 2016, 40 million children under the age of 5 were deemed to be overweight, while cardiovascular diseases were accountable for close to 17.5 million deaths. Thriving in a world projecting dangerous health statistics, it is no surprise that consumers are looking for foods that will not only preserve their health but also satisfy their taste buds. In consequence, food encapsulation industry stands to witness major gains in the ensuing years, with a target revenue estimation of USD 45 billion by 2024.
Author Name : Paroma Bhattacharya
Dietary fibers market to garner huge profits over 2017-2024, product innovations via M&As to outline the competitive landscape
The exponential growth of dietary fibers market has been a subject of pursuit since for a while now, given the increasing consumer inclination toward fiber fortified food consumption. Over the past two decades, dietary fibers have been well studied at a global scale with enough evidence on its health benefits. This, in consequence, has led the way for food scientists to explore its application in a variety of food items through efficient utilization of these fibers from both conventional as well as offbeat sources including the likes of agro-food processed byproducts. Meanwhile, advanced processing technologies like enzymatic conversion, micronization, and dry fractionation, are opening up new opportunities for dietary fibers industry giants to advance its utilization in functional food development. In fact, experts claim, consumption of adequate amount of dietary fibers reduces the chances of occurrence of a plethora of chronic diseases such as appendicitis, hiatus hernia, coronary heart diseases, constipation, and gallstones.
U.S. Dietary Fibers Market Size, By Type, 2016 & 2024 (Kilo Tons)
In spite of the barrage of health benefits that dietary fibers market encompasses, it has been observed that the current intake level of fiber-rich food is still below the recommended belt in most of the nations. As recommended by the World Health Organization, a person should intake at least 30 gm of dietary fiber daily, while it has been noted that the average dietary fiber intake among U.S. adults is around 15 gms per day. many clinical organizations as wells as scientific communities have taken vigorous initiatives, in an effort, to elucidate the contribution of dietary fibers in promoting human nutrition, which in a way is navigating dietary fibers industry toward a profitable path. As per Global Market Insights, Inc., global dietary fibers industry in the year 2016 pegged a valuation of USD 3 billion.
Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2331
Speaking of the immense growth potential of dietary fibers market in the coming timeframe, it is imperative to mention the slew of initiatives that have been undertaken over the recent time by the industry giants, in a bid to increment the pace of advancements in this business space. Below mentioned are some of the latest activities encompassing the competitive spectrum of dietary fibers industry:
- Naturex, a global leader in specialty plant based natural nutrients, has recently acquired Swedish Oat Fiber, a renowned manufacturer of oat dietary fibers, with an aim to ramp up its position in natural nutrition sector. As claimed by the French headquartered Group, the latest procurement comes on the heels of its long-term plan of expanding its business portfolio in dietary fibers industry.
- Roquette, one of the most acclaimed player in dietary fibers industry, toward the end of last year, made to the headlines with the opening of new facilities and an innovation center in Singapore, China. Reportedly, the state-of-the-art facilities that include customer technical service, research laboratory and new regional headquarters, would allow Roquette to customize its products to address specific dietary and heath challenges such as obesity.
- Taiyo, an upcoming dietary fibers market giant, has recently launched a new range of all-natural water soluble Sunfiber variety, claiming that it can be used as a sweetener. Dubbed as Sweet-Sunfiber, this all new version, reportedly, combines FDA approved Sunfiber with isomalto-oligosaccharide. This later chemical compound is a natural byproduct of sugarcane or honey, which provides the `food a sweetness quotient. Experts believe the sweetness profile of the product would prompt consumers for an increased consumption, which would definitely reflect in the overall dietary fibers market share.
In tandem with this, there have been some influential research efforts undertaken at a global level, which as per experts’ opinion, has played instrumental in proliferating dietary fibers industry trends. Say for instance, the triennial International Conference of Dietary fiber, has provided a great forum for food scientists and technologists at academia to gather enough knowledge about the diversified range of interdisciplinary fields of dietary fibers market. Tentatively to be held between June 4th to 6th, 2018 in Rotterdam, the 7th International Dietary Fiber Conference is reported to address all the sources of dietary fibers and their profound impact on human gut microbiome, food structure, and health. This global attention has opened up great investment opportunities for food giants in dietary fibers market, which is forecast to exceed a valuation of USD 9 billion by 2024.
Author Name : Satarupa De
Plant milk market revenue to surpass the 20-billion-dollar mark by 2024, growing health consciousness among the masses to fuel the product demand
In recent times, the popularity of non-dairy milk among health-conscious people has been on a rise, which is likely to influence plant milk market growth significantly. Apparently, plant-based milks comprise much lesser sugar as compared to livestock milk, and in addition, are endowed with extra fiber, extra protein, and an additional amount of omega 3 fatty acids. Cow’s milk, the most common livestock milk consumed, contains a large amount of lactose, which though healthy, may lead to major digestive issues. In consequence, regular cow milk consumers have lately been giving preference to lactose-free milk, which will considerably boost plant milk industry share. The most vital factor associated with the increased popularity of plant-based milk is its production process, that is free of animal cruelty. Moreover, plants are less expensive to grow – plants such as hemp, flex, cashew, almond, and soy used to produce milk require less manpower, less maintenance, water, and space. Besides all those benefits, non-dairy milks provide hormones and antibiotic-free products, which has been helping health-conscious people maintain their diet preferences. The changing consumer lifestyles owing to the growing health concerns among people about diabetes and obesity are thus slated to enhance plant milk market size.
U.S. Plant Milk Market, By Source, 2016 & 2024 (Million Litres)
Considering the future scope of non-dairy milk, the renowned giants in plant milk industry are adopting growth strategies such as JVs and M&As. For instance, in 2016, the France-based company, Danone, acquired the U.S. based soy milk producer WhiteWave Foods for USD 10 billion. With this acquisition, Danone has been able to enhance its growth profile and reinforce flexibility across North America. In addition, it has improved its product portfolio through the strategic acquisitions of WhiteWave driven brands such as Wallaby Organic, Horizon Organic, and Silk, while consolidating its stance in North America plant milk industry. As per statistics, in 2016, North America covered around 25% of the global plant milk market share. Apart from North America, this acquisition has also implicated Europe plant milk industry share, pertaining to the post-merger approval of the European Commission for the acquisition of U.S. based foods giant, WhiteWave.
Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2250
The ample availability of raw material required for making non-dairy milk is likely to stimulate plant milk market trends over the years ahead. The benefits of soy, rice, and almond based milk affecting plant milk industry share are described below:
Soy milk: It is one of the most preferred milks for toddlers, given that they usually are incapable of digesting milk sugar. Soy milk is also an excellent source of fiber, protein, minerals, fatty acid, and vitamins, on the grounds of which it is being widely consumed. This in consequence, would have a considerable impact on soy-based plant milk market size, slated to generate more than USD 8 billion by the end of 2024.
Almond milk: Almond milk is rich in omega 3 fatty acids, minerals, and vitamin E, has low sodium content, and 50% more calcium content than dairy milk. The low-calorie content may help obese people to reduce the cholesterol – thus the growing popularity of almond milk among heart-healthy people is slated to propel plant milk market share over the years ahead.
Currently, plant-based milks are emerging as viable alternatives for livestock milk across developing countries. In order to overcome the insufficient supply of animal milk, many of the players in plant milk market are investing heavily in food product developments. As technology intervention and the ongoing research efforts will ultimately help improve the quality of plant-based milk, its demand would observe a commendable rise globally, which would eventually impact plant milk market size, slated to cross USD 21 billion by 2024.
Author Name : Sunil Hebbalkar
Europe feed Mycotoxin Binders Market to witness commendable progressions over 2017-2024, primarily driven by a favorable regulatory framework
Feed mycotoxin binders market, over the recent years, has been exhibiting an encouraging growth potential owing to the worldwide rise in consumption of meat products coupled with the increased consumer inclination toward safe and healthy food. Furthermore, the recent spurt in instances of livestock based ailments caused by contaminated feed ingredients have necessitated a wide scale usage of feed binders to lower the toxic effects. Reportedly, these binders prevent contamination of compound feeds and animal feed ingredients by toxic metabolite moulds known as secondary metabolites. The increased usage of these binders is bound to contribute toward the swift expansion of feed mycotoxin binders industry share across the globe. According to estimates, the global feed mycotoxin binders market share exceeded USD 130 million in 2016, in terms of revenue.
U.S. Feed Mycotoxin Binders Market Size, By Livestock, 2016 & 2024 (USD Million)
Stringent regulatory frameworks across the globe to boost feed mycotoxin binders market expansion:
While elaborating further on the growth prospects of feed mycotoxin binders industry, it is quite imperative to take note of the regulations set forth by various governmental and safety agencies across the globe. The major regulations prescribed by these authorities are directed toward standardizing meat and poultry products by mandating the usage of toxin binders and other feed additives. Furthermore, the rising prevalence of antibiotic resistance in animals across the world has compelled the regulatory agencies to lay down strict guidelines in a bid to regulate the usage of antibacterial growth promoters and antibiotic medicines. Enumerated below are a few prominent instances highlighting government regulations, that would assist in augmenting the revenue graph of the global feed mycotoxin binders industry:
- If the recent news reports are to be believed, the European Commission is making a concerted effort to standardize the medicated feed and set long-term antibiotic targets for the overall animal health and welfare. It has been focusing on two major regulations namely Medicated Feed Regulations and Veterinary Medicines Regulations, which are currently being reviewed by the Commission which underlines the importance of European Union’s feed mycotoxin binders industry share. Elaborating further, Medicated Feed Regulations would aim to update the prevailing government controls that oversee medicated feed manufacturing and examine the concerns pertaining to antimicrobial resistance. On the other hand, Veterinary Medicines Regulations would intend to streamline the existing regulatory procedure to aid easy availability of veterinary medicines across Europe. As per estimates, Europe feed mycotoxin binders market is estimated to surpass USD 100 million by 2024.
Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/2251
- Recently, Animal Health Australia (AHA), a not-for-profit company has released Australian Animal Welfare Standards and Guidelines for Poultry for public consultation. The draft is being touted as a significant move as it aims to overhaul the prevailing voluntary arrangement to national regulation, ensuring poultry welfare in Australia. Speaking along similar lines, global feed mycotoxin binders market size from poultry applications is estimated to surpass USD 120 million by 2024. It would be prudent to mention that the draft has been reportedly developed by AHA in partnership with the Australian government, welfare organizations, foremost livestock industry associations, and other stakeholders to curtail the emergence of new diseases, enhance animal health, and nurture the integrity and resilience of the nation’s animal health system. Needless to say, such dynamic and proactive measures from all concerned parties shall favorably influence the regional feed mycotoxin binders market progression.
- The Food Safety and Standards Authority of India (FSSAI), an autonomous agency under the Union Ministry of Health and Family Welfare, has recently notified amendments to the Food Safety and Standards Regulations, 2011. The amendment aims to prescribe the maximum limit while utilizing 37 antibiotics and 67 other veterinary drugs in meat, particularly chicken, as the residue of antibiotics in food from animal sources pose grave threat to human health, given that the residues may develop antibiotic resistance.
Considering the above declarations, the prominent feed mycotoxin binders industry players such as Alltech, Bentoli, Selko, Visscher Holland, and Biomin among others are anticipated to incorporate advanced methods to strengthen their production capability and expand their distribution networks to stay relevant in this moderately concentrated business sphere. Apparently, the global feed mycotoxin binders market is forecast to surpass a total revenue of USD 250 million by 2024, claims a recent report collated by Global Market Insights, Inc.
Author Name : Saif Ali Bepari
Non-protein nitrogen in feed market to surpass the billion-dollar benchmark by 2024, Urea to drive the product matrix
Endorsing a wide application scope in fodder business space, the profitability quotient of non-protein nitrogen in feed market is projected to substantially upscale in the coming years. Over the past few years, animal nutrition has managed to grab a bigger role than anticipated. Manufacturers across the world have been increasingly investing in R&D activities to develop a palate of new protein sources which expectedly would widen up the non-protein nitrogen in feed industry opportunities. In this regard, it is prudent to mention that protein-rich leguminous fodders are usually not extensively grown in many areas, which are prone to attack by ruminants, as they are comparatively more expensive than non-protein nitrogen sources. The growth of non-protein nitrogen in feed industry can be fundamentally credited to this factor. Global Market Insights Inc., forecasts the overall non-protein nitrogen in feed market size to record a valuation of over USD 1 billion by 2024.
U.S. Non-protein nitrogen in feed market, By Product, 2013-2024, (Kilo Tons)
Speaking of commercialization potential of non-protein nitrogen in feed industry, it is nothing but enormous. The increasing consumption of meat bears an evidence to the fact. As per estimates by WHO, annual meat production will surpass 376 million tons by the end of 2030, which is an exceptional rise from that recorded in the year 1999- 218 million tons. The world population presently consumes 75 pounds of meat per person annually, as cited by the Organization for Economic Cooperation & Development. The sharp incline in the meat consumption has undoubtedly left a perpetual impact on the demand for non-protein nitrogen in feed market. A recent report brought forth by U.S. Food and Agriculture Organization claims that global meat production will be 16% higher in 2025, from that what it recorded over 2013-2015. These statistics quite profoundly depicts the increasing pressure on livestock breeding to address the increasing demand for animal nutrition, indirectly leaving a subsequent impact on non-protein nitrogen in feed market share.
Get a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2134
The most common non-protein nitrogen source which is extensively deployed in ruminant feeding is urea. Though there are other sources that have been experimentally and commercially deployed, urea holds quite a prominent position in the global industry landscape. Estimates depict, overall non-protein nitrogen in feed market share from urea accounted for a revenue of USD 550 million in 2016. Some of the prime factors that have driven non-protein nitrogen in feed market share from urea include higher nitrogen content of almost 46.7%, reduced live weight loss, low cost, and increased intake of dry roughage. In addition to this, being the building blocks of non-protein sources, it can be easily fed to ruminants as a replacement for a part of protein in a ration. The ability of micro-organisms present in the rumen of sheep and cattle to utilize these non-protein sources or urea eradicates the requirement of imported protein supplements, with no hazardous impact on animal health. Having procured almost 75% of the overall non-protein nitrogen in feed industry share, urea is slated to drive the product landscape in the coming years. However, urea toxicity and stringent regulatory framework pertaining to its production in some areas might hamper the industry growth to some extent.
However, changing healthcare dynamics and food preferences are some of the pivotal factors providing a significant push to the global non-protein nitrogen in feed industry trends. In this regard, Asia Pacific has established a strong foothold in the worldwide fraternity, with increasing proliferation of advanced technology for effective synthesis of protein from non-protein sources. In fact, estimates claim a humongous portion of urea to be consumed in Asian countries like India, China, and Japan, to maintain and boost livestock health and nutrition, particularly ruminants. A subsequent rise in research investments from international producers as well as spreading awareness regarding the usage of nutritious forage has led APAC non-protein nitrogen in feed industry size to record a valuation USD 400 million in 2016. The exponential rise in the livestock population over the past couple of years will certainly propel the regional market demand to great heights in the years ahead.
Worldwide, non-protein nitrogen in feed industry encompasses a host of renowned biggies including Yara International ASA, Incitec Pivot, Archer Daniels Midland Company, The Potash Corporation of Saskatchewan, and Borealis. The marketplace seems to be pretty much consolidated with leading giants’ relentless effort in strengthening their business position by underlying various growth strategies such as joint ventures, product differentiation, production capacity expansion etc. An upswing in global meat production, subject to its increased consumption undeniably remains one of the principal factors driving non-protein nitrogen in feed market size. Moreover, the expansion in supply chain and technological advancements with regards to product manufacturing are further expected to carve a lucrative roadmap for non-protein nitrogen in feed industry over the ensuing years.
Author Name : Satarupa De
North America food pathogen testing market to witness substantial gains over 2017-2024, a stringent regulatory framework to stimulate product demand
Food pathogen testing market has now evolved into one of those fraternities that mandatorily demands an excessive requirement for sanitation at every stage of production, thereby necessitating the requirement for highly efficient pathogen removal processes. Pathogen testing tools are quite prominently used across the food product manufacturing sectors – right from the pre-process of raw material testing to the manufacturing of the end-product. The evolution of pathogen testing methods has delivered multiple benefits to the food vertical, which would undeniably impel food pathogen testing industry size. Given that the prevalence of health risks associated with contaminated products may impact negatively on the business, food manufacturers have been taking utmost precautions to deploy efficient pathogen testing methodologies during production, thereby carving out a positive growth path for food pathogen testing market in the years ahead. For the record, estimates claim food pathogen testing industry to have held a revenue of USD 3 billion in 2016.
U.S. Food Pathogen Testing Market, By Contaminant, 2013-2024, (Million tests)
The emergence of new technologies in food pathogen testing market has pushed the conventional pathogen test methods to next level. Considering the benefits of technological interventions, these advanced methods are being instantly accepted across the food and beverages industry. In North America, for instance, F&B sector behemoths have been giving high preference to pathogen testing methods pertaining to the growing use of genetically modified organisms and high medical expenses. This may perhaps be one of the key factors augmenting North America food pathogen testing industry size, which, as per a report compiled by Global Market Insights, Inc., will collect a revenue of more than USD 2 billion by the end of 2024.
Apart from the recent advancements prevalent in food pathogen detection, it has been observed that there are myriad opportunities and challenges to enhance the already existing technology in this business. Many players in food pathogen testing market though, prefer looking out for newer techniques and biosensors for food pathogen detection. Client partnerships with pathogen testing service providers are commonplace in food pathogen testing industry, to avoid product contamination. For instance, SGS, a leading verification, inspection, certification, and testing company plans to provide its services to the pet-food manufacturers in United States and Canada with regards to Salmonella contamination, to prevent health risks in pets. For the record though, in 2016, food pathogen testing industry size from salmonella contamination was valued at USD 1.2 billion. This may be attributed to the increase in the number of food borne diseases, subject to the presence of Salmonella in food products. Similar to SGS, many other prominent players in food pathogen testing market such as Bureau Veritas, SGS, Eurofins Scientific, RapidBio Systems, Inc.™, Intertek, Lloyd’s Register Quality Assurance, Inc., Det Norske Veritas, Genon Laboratories Ltd., and Microbac Laboratories have been observed to undertake efforts with regards to innovating novel pathogen testing methods.
Get a Sample Copy of this Report@ https://www.gminsights.com/request-sample/detail/1417
Taking into account the risks associated with foodborne diseases, the regulatory bodies of various countries have been enforcing strict norms to mandate the deployment of pathogen testing methods. In the U.S., Food and Drug Administration has formed the Food Safety Modernization Act (FSMA) to enhance the food safety system for public health protection. With the FSMA, FDA has also been able to collaborate with other domestic as well as foreign government agencies to build integrated food safety systems, which will prompt other governmental bodies to adopt food pathogen testing techniques, inherently propelling food pathogen testing market.
The governmental bodies across the Asia Pacific are strongly focusing on extensive research and development activities, owing to the rapid growth of the chemical and food processing sectors in the region. In addition, food pathogen testing industry players, having established their bases in the APAC belt, have also been striving to expand their reach across the frontiers and strengthen their customer pool. Recently, for example, Thermo Fisher Scientific Inc. acquired a leading contract development and manufacturing company, Patheon N.V., which has helped the former expand its customer base across the biotechnology and pharmaceutical sectors. These growth strategies are evidence enough to prove food pathogen testing market is likely to carve out a lucrative growth path in the years ahead.
Author Name : Sunil Hebbalkar