Food Quality Magazine October 2015 | Page 13

Food Quality Magazine ISSUE 04 | OCTOBER 2015 Testing in 2013 was USD 9.91 billion. With a CAGR 0f 7.2%, as per a Markets and Markets report, the Food Safety Testing Market is projected to reach USD 15.04 billion with a volume of 1.15 billion tests by 2019 (for more details see Markets and Markets Food Safety Testing report). The report studies different types of contaminants in food, types of food and the technologies that help in detecting them thereby determining the safety of food and the raw material that goes into its production. Food Diagnostic Technologies help to detect the presence of adulterants, contaminants, and analyze nutrient composition of the food samples. They include a wide range of hybridization-based systems such as PCR and microarrays, chromatography-based systems; spectrometry-based systems; biosensors; immunoassay-based systems; and testing kits. This market will be worth 10 billions by 2019 (for more details see Markets and Markets Food diagnostic technologies report). End-point testing i.e. finished product testing tells us whether a finished product is fit for consumption. That may not always be enough. Several new technologies are available to track food through its entire value chain thereby allowing quick detection of the root cause of contamination of food. The food traceability market is projected to grow at a CAGR of about 9% to reach $14.30 billion by 2019. (For more details see Markets and Markets Food Traceability report). Pirture 1 - The Food Safety Ecosystem systems like the FDA and voluntary Food certifications and Global Food Safety Initiative (GFSI) all lead to introducing in-built quality into food right from the first step and therefore are crucial to the Food Industry. Several quality management systems such as ISO 22000, Good Agricultural Practices (GAP), Good Manufacturing Practices (GMP), Good Hygiene Practices (GHP), and Hazard Analysis Critical Control Point (HACCP) and others , together formulate food safety, from the farm to fork. Provided there is correct implementation! Related Market research reports from Markets and Markets: 1. Food colors market: http:// www.marketsandmarkets.com/ Market-Reports/food-colors-market-36725323.html 2. Food safety Testing Markets: http://www.marketsandmarkets. com/PressReleases/food-safetytesting-market.asp 3. http://www.marketsandmarkets. com/Market-Reports/food-diagnostics-systems-225194671.html 4. Food certifications market: http:// www.marketsandmarkets.com/ Market-Reports/food-certificationmarket-82063283.html 5. Food traceability markets: http:// www.marketsandmarkets.com/ Market-Reports/food-traceabilitymarket-103288069.html 6. Food coating and processing technologies: http://www.marketsandmarkets.com/Market-Reports/ food-coating-ingredients-market-168532529.html Merely testing safety of food is not the answer for providing high quality safe food. The US’s proactive measures of implementing the Food Safety Modernization Act , the Food, Drugs, Cosmetics act in India are focused on the theme “Prevention is better than Cure”. The laws and guidelines they provide are monitored by different agencies like FSA in UK, FSIS in the US or likewise the FSSAI and FDA in India. Manufacturing of Food using current Good Manufacturing Practices, compliance to mandatory 13