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Molecular Methods Market For Food Safety Testing To Rise At 6.8% CAGR By 2025, Spurred By Covid-19 Pandemic | Grand View Research, Inc.

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Molecular Methods Market For Food Safety Testing To Rise At 6.8% CAGR By 2025, Spurred By Covid-19 Pandemic | Grand View Research, Inc.

January 20
07:29 2021
Molecular Methods Market For Food Safety Testing To Rise At 6.8% CAGR By 2025, Spurred By Covid-19 Pandemic | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a recent report published by Grand View Research Inc., pressures on the foodservice and retail industries stemming from the Covid-19 pandemic is accelerating the expansion of the molecular methods market for food safety testing.

The global molecular methods market for food safety testing size is expected to reach USD 2.9 billion by 2026, registering a CAGR of 6.8%. The market is predominantly driven by the expanding applications of paper-based devices and microfluidic chip-based devices. The use of these devices is simple for the screening of foodborne pathogens and offers numerous advantages such as specificity, cost-effectiveness, sensitivity, and speed.

The increasing demand for IoT sensors to track the workflow authenticity and proactive supply chain management solutions is driving research activities. In addition, penetration of blockchain technology has hailed as a savior of food traceability and safety, is attributive to encourage substantial progress in the food safety testing market.

Key participants have entered into strategic alliances to enhance product innovation capabilities and stay ahead of the market competition by undertaking initiatives to enhance their molecular technology-based services.  For instance, in April 2019, Tyson Foods Inc. invested in Clear Labs Inc. for developing effective food safety testing systems. In March 2019, 3M introduced a new Molecular Detection Assay 2 and 3M Campylobacter enrichment broth for the detection of Campylobacter during poultry production. 

U.K. molecular methods market for food safety testing size, by technology, 2015 - 2026 (USD Million)

Molecular Methods Market For Food Safety Testing Report Highlights

  1. Amid the coronavirus (COVID-19) pandemic, consumers have prioritized their food safety than ever before. They expect food safety standards to be sustained and food companies to keep foodborne pathogens out of items such as poultry, meat, and other food products. This has impelled the market players to test their poultry and meat products with approved testing processes and equipment

  2. In 2020, 3M Food Safety has developed the 3M Molecular Detection System (MDS), which has also pulled down the cost of food testing. The system has been chosen by USDA’s Food Safety and Inspection Service for the testing for Listeria monocytogenes and Salmonella  in poultry and meat

  3. In January 2021, Eurofins GeneScan Technologies announced its AOAC PTM Accreditation for the VIRSeek Covid-19 virus workflow detection on environmental surfaces, which includes bioanalytical testing for the food, environmental, feed, clinical diagnostics, and animal health, under the AOAC SARS-CoV-2 Emergency Response Validation Program

  4. SGS Molecular among others, specializes in the field of food investigation with extensive R&D activities at the Competence Centre for Molecular Biology (CCMB). Technologies such as real-time PCR, high-resolution melting test, advanced fragment analysis, end-point PCR, Sanger sequencing, Next-Generation Sequencing (NGS), and digital PCR have surfaced in the market

  5. Polymerase Chain Reaction (PCR) dominated the technology segment in 2018 owing to the prominent developments made in the area including Bio-Rad’s automated iQ-Check RT-PCR testing kit and the U.S. Department of Agriculture’s (USDA) sample preparation system

  6. North America led the overall market in 2018 due to the technical competence in food quality management and stringent government regulatory norms such as the U.S. Food Safety Modernization Act, the Poultry Products Inspection Act, the Food, Drug, and Cosmetic Act, etc.  

“Would you Like/Try a Sample Report” Click the link belowhttps://www.grandviewresearch.com/industry-analysis/molecular-methods-market-food-safety-testing/request/rs1

Molecular Methods Market For Food Safety Testing Segmentation

Grand View Research has segmented the global molecular methods market for food safety testing on the basis of technology, product, and region:

Molecular Methods for Food Safety Testing Technology Outlook (Revenue, USD Million, 2015 – 2026)

  • Polymerase Chain Reaction (PCR)

  • Immunoassay

  • Biosensors

  • Microarray

  • Others

Molecular Methods for Food Safety Testing Product Outlook (Revenue, USD Million, 2015 – 2026)

  • Instruments

  • Reagents & Consumables

  • Services

Molecular Methods for Food Safety Testing Regional Outlook (Revenue, USD Million, 2015 – 2026)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • Japan

  • Latin America

    • Brazil

  • Middle East and Africa (MEA)

    • South Africa

List of Key Players of Molecular Methods Market For Food Safety Testing 

  1. QIAGEN

  2. 3M

  3. Veredus Laboratories

  4. NEOGEN CORPORATION

  5. Bio-Rad Laboratories, Inc.

  6. Thermo Fisher Scientific, Inc.

  7. bioMérieux SA

  8. ArcherDX, Inc.

  9. HiMedia Laboratories

  10. Eurofins Scientific

  11. SGS SA

Have Any Query? Ask Our Experts for More Details on Report: https://www.grandviewresearch.com/inquiry/6707/ibb

Browse Related Reports @

Latin America Molecular Methods Market For Food Safety Testing – https://www.grandviewresearch.com/industry-analysis/latin-america-molecular-methods-market-for-food-safety-testing

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About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.
Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

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