Food diagnostics systems are used to identify impurities during manufacturing, processing, and packaging processes. Food diagnostics are testing platforms which help in the detection of food-borne pathogens, spoilage organisms, and hygiene monitoring. Food diagnostic systems facilitate informed decisions about whether products are safe for market release, or to be sent to re-processing. This system helps food & beverage industries to enhance the quality of products and provides consumer protection.
Growing concerns over food quality and safety, stringent norms related to food safety, increasing food trade, growing awareness regarding food safety are key factors driving growth of the global food diagnostics systems market. In addition, high investments in development of new diagnostic technologies, rising demand for food testing in emerging markets are other factors boosting growth of the global food diagnostics systems market over the forecast period.
However, variations in processes of food manufacturing is a key factor restraining growth of the global food diagnostic system market. Additionally, high cost, and complexity associated with diagnostic systems are other factors expected to hinder growth of the global food diagnostic system market over the forecast period.
The global food diagnostics systems market is segmented on the basis of system type, consumable type, and region. On the basis of region, the global food diagnostics systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The market in North America accounted for the highest share in terms of revenue in the global food diagnostics systems market, owing to rising concerns towards prevention of food-borne diseases, and adoption of advanced technologies in detection of food contaminants. The market in Europe is expected to witness moderate growth owing to implementation of stringent food safety. The market in Asia Pacific is expected to show a significant growth in terms of revenue and is projected to register highest CAGR during the forecast period owing to increasing awareness towards food safety and quality.
Prominent players in the global food diagnostics systems market include 3M Company, Thermo Fisher Scientific Inc., Neogen Corporation, bioMérieux, Inc., Randox Laboratories Limited, Bio-Rad Laboratories, Inc., E. I. du Pont de Nemours and Company, VWR International, LLC., Omega Diagnostics Group PLC, and Fermentas International, Inc.
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