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At CAGR 7.8% bacteriological testing market reaching $ 13.98 bn by 2022 scrutinized in new research

At CAGR 7.8% bacteriological testing market reaching $ 13.98 bn by 2022 scrutinized in new research

Bacteriological testing market, by services, is estimated to be valued at USD 9.58 billion in 2017 and is projected to reach 13.98 billion by 2022, at a CAGR of 7.8% from 2017 to 2022.

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The key players in the Bacteriological Testing Market includeSGS (Switzerland), Eurofins (Luxembourg), Intertek (UK), Bureau Veritas (France), TÜV SÜD (Germany), ALS Limited (Australia), 3M (US), Thermo Fisher (US), Merck (Germany), Agilent (US), Bio-Rad (US), Romer Labs (Austria).

The market is driven by global increase in outbreaks of food borne illnesses, implementation of stringent food safety regulations in developed economies, and increase in microbial contamination in water reservoirs due to rise in urban & industrial waste. Lack of food control systems, technologies, infrastructure, and resources in developing countries are the major restraints for the growth of this market.

Target Audience:

  • Component suppliers

o   Reagent manufacturers & suppliers

o   Diagnostic instrument & kit manufacturers/suppliers

  • R&D institutes & laboratories
  • Bacteriological testing service providers and third-party testing & certification laboratories
  • Regulatory bodies

o   Food and Drug Administration (FDA), European Food Safety Authority (EFSA), Food Standards Australia New Zealand (FSANZ), Food Safety Commission of Japan, Agri-Food & Veterinary Authority of Singapore (AVA) (Singapore), and Canadian Food Inspection Agency, among others

o   Government agencies and NGOs

  • Importers & exporters, traders, and distributors of bacteriological testing kits, equipment, reagents, chemicals, and other related consumables
  • End-use industries

o   Food & beverage manufacturers and processors

o   Water processors

o   Pharmaceutical product manufacturers

o   Cosmetic product manufacturers

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North American market was the largest in 2016, owing to the stringency of food safety regulations and laws pertaining to nutritional content and labeling here.

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It has the highest number of testing laboratories among all regions and tests the most number of bacteriological samples. The Asia Pacific market is projected to be the fastest from 2017 to 2022 and is driven by China, Australia, and Southeast Asian countries, as these countries are becoming more aware of food safety and are implementing regulations for their testing.

Salmonella testing dominated the market for bacteriological testing in 2016;it is also projected to grow at the highest CAGR during the forecast period. The cases of Salmonella infection are sometimes found to be fatal.

It is the most common pathogen causing food borne and waterborne disease outbreaks found in the US and other countries. The severity of the infection is generating demand for Salmonella testing of food and water samples, which in turn is driving the market for bacteriological testing.

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The report analyzes the bacteriological testing market across different types of bacteria and regions. It aims at estimating the market size and future growth potential of this market across different segments such as bacteria, end-use industry, technology, component, and region.

Furthermore, the report also includes an in-depth competitive analysis of the key players in both services and equipment market, along with their company profiles, recent developments, and key market strategies.

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