The food safety testing market in China is gaining attention due to high prevalence of foodborne diseases due to food contamination. Rising cases of food poisoning and foodborne illnesses in China has led to stricter rules and regulations from food testing authorities in order to control the outbreak of diseases due to food contamination. Moreover, growing consumer awareness and their changing preferences for better quality and safe food is stimulating the growth of the Chinese food safety testing market.
Drivers for the Market
- Changing preferences of consumers and concerns of retailers for providing safe and better-quality of food
- Positive structural changes in the Chinese food safety regulations
- High occurrence of food contamination cases in China
- Globalization of food trade and rising food exports of China
In addition, new food safety regulations and growing consumer awareness about food safety has further boosted the growth of this market. However, lack of knowledge and awareness regarding food safety among food manufacturers may hinder the market growth. Moreover, inefficient food supply chains and perception of food safety among consumers in China stand as key challenges in front of the market players.
Market Predictions
The Chinese food safety testing market which was valued at USD 493.3 Million in 2015 is expected to reach USD 791.5 Million by the end of 2020, growing at a CAGR of 9.9% during the forecast period.
Based on contaminants, pathogen dominated the Chinese food safety testing market in 2014, owing to their high occurrence in food products. However, the market for GMO testing in China is projected to grow at the highest CAGR over the forecast period. Based on application, the market is governed by the processed food segment, followed by the meat & poultry segment, which is projected to grow at a significant rate in the near future.
The leading players involved in the market for food safety testing in China include Silliker Inc. (U.S.), Neogen (U.S.), Intertek group PLC (U.S.), and TÜV Rheinland (Germany), among others.
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Research Scope
The food safety testing market in China has been analyzed and forecasted on the basis of following segmentation:
- Contaminant: Pathogens, Pesticides, Genetically Modified Organisms (GMOs), Toxins, Others (including heavy metals, food allergens, and other chemical residues)
- Application: Meat & Poultry, Dairy, Processed Food, Fruits & Vegetables, Cereals & Grains
- Technology: Traditional, Rapid (including Convenience-based, PCR, Immunoassay, and other molecular-based tests)
Summary
High prevalence of food contamination cases and growing consumer awareness is driving the Chinese food safety testing market.
