The global food diagnostic market size is expected to propel market value with USD 25.8 billion, bolstering CAGR in the forecast period from 2020-2027. The factors affecting the growth of the food diagnostic market are increasing prevalence of foodborne diseases, increasing contamination in consumable items, rising global food trade, and advance food testing equipment is propelling market demand for the food diagnostic market.
With the development of social economy and the improvement of people's living standards, food safety issues have gradually become more prominent, and various food safety-threatening incidents have occurred from time to time to threaten people's life and health.
Therefore, with the development of science and technology and the emphasis on food safety testing, and advanced food testing technologies and methods will continue to appear in the future.
Type overview in the Global Food Diagnostic Market
Based on the type, the global food diagnostic market segment into Systems, Consumables. The consumables segment estimated to dominates the maximum share of the worldwide food diagnostic market. Consumable food is used for food diagnosis as consumables have a low shelf life and, thus, have high food contamination chances. Therefore, consumables are increasing the market value for the global food diagnostic market.
Systems overview in the Global Food Diagnostic Market
Based on the systems, the global food diagnostic market bifurcated into Hybridization-based, Chromatography-based, Spectrometry-based, Immunoassay-based, Biosensors, Testing kits, Others. The Hybridization-based segment dominates the market share for the global food diagnostic market. The emerging food contamination propels the hybrid-based system that helps in detecting the pathogens that cause chronic diseases. Therefore, the hybridization-based system is easy to use and cost-effective and used for rapid testing of food.
Consumables Type overview in the Global Food Diagnostic Market
Based on the consumables, the global food diagnostic classified into Reagents, Test accessories, Disinfectants, Others. The reagents segment will capture the largest share in the global food diagnostic market. The reagents such qPCR used for testing food and helps in provide accurate, reliable testing. Reagents used to test the cells of pathogens in clinical samples and provide quick and dynamic ranges with multiplexing compatibility. Therefore, reagents are contributing to fueling the market demand for the global food diagnostic market.
Type of Test overview in the Global Food Diagnostic Market
Based on the type of test, the global food diagnostic market bifurcated into Safety, control. The safety type of test segment accounts for the highest share in the global food diagnostic market. The food diagnostic market is rising in the market owing to the emerging concern of people for food safety, increasing cases of food contamination. Moreover, emerging chronic diseases caused due to the consumption of contaminated food are fueling the market demand for a safety type of test in the global market.
Region overview in the Global Food Diagnostic Market
Based on geography, the global food diagnostic market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe is the world's fastest-growing food diagnostic market, accounting for the largest share in the global market. The increasing disposable income, emerging private food safety enterprises, evolving people's lifestyles, changing food, and safety standards propel the market share in the European food diagnostic market.
Global Food Diagnostic Market:Competitive Landscape
Companies such as Actiw Oy, GEBHARDT Fördertechnik GmbH, HAVER & BOECKER OHG, and ATLS Ltd, Joloda International Ltd., C&D Skilled Robotics, Inc., VDL Systems B.V. and others are key players in the global food diagnostic market.
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