Market Research on Global Microsurgery Market – Industry Trends 2018 Global Food Safety Testing Market(BLOG)
Food Safety Testing Market is Growing
at a Significant Rate in the Forecast
Period 2018-2025
Global Food Safety Testing Market is expected to reach USD
22,327.02 million by 2025 from USD 12,760.00 million in 2017, at
a CAGR of 7.5% in the forecast period 2018 to 2025.
The major factors contributing to the growth of the market
includes factors such as rising outbreak of food borne illness,
stringent regulations imposed in food industry, increased
globalization of food trade, advancements in technology, rising
demand of convenience and packaged food products and
augmented incidences of outbreaks of chemical contamination in
food processing. On the other hand, lack of infrastructure for food
control may hinder the growth of the market.
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