Food Diagnostics Market Research Report
Food Diagnostics Market size, share, trends analysis, Market Revenue, Regional Outlook, competition and growth opportunities till 2027 The GMI Research forecasts that the food diagnostics market is witnessing an upsurge in demand during the forecast period.
This is mainly due to the growing cases of foodborne outbreaks worldwide, along with the rising number of food recalls. Some of the major factors propelling the growth of the food diagnostics market size include growing cases of foodborne outbreaks worldwide, along with the rising number of food recalls.
Moreover, the rapid increase in the international food trade and rising consumer awareness regarding food safety & quality are the major factors boosting the market growth during the forecast period. Several initiatives taken by various regulatory bodies will help in improving food safety across numerous geographies.
Furthermore, the rising concerns associated with the quality and safety of food products due to the increasing number of food recalls have surged the emphasis on the microbiological quality and chemical analysis of food to make sure regulatory compliance for food safety. The rapid technological innovation and growing use of culture-independent diagnostic tests like PCR assays and other antigen-based tests are some other factors fuelling the demand of the market during the forecast period.
Regulatory bodies, including the CDC, FDA, and USDA, utilize new technologies like whole-genome sequencing for fast and effective monitoring of sources of foodborne illnesses. On the other hand, the factor that is hindering the market growth include the rising cost regarding the rapid technologies.
The increasing focus on research and development activities and the growing necessity for accuracy and reliability of readings are certain factors contributing to the high cost of these diagnostics systems. Based on the region, the Europe region is expected to dominate the market during the forecast period owing to the strict regulations being introduced by the regulatory and authoritative bodies in the region.
Additionally, the recent foodborne outbreaks in Spain, coupled with the rising containment of meat products in the UK, is further leading to an upsurge in demand of the market during the forecast period. About GMI Research GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports.
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