Growth and change of COVID-19 until 2030

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The major players in the food and beverage test kits market are SGS, Eurofins, Intertek, Mérieux, and Bio-Rad Laboratories Inc. The global food and beverage test kit market is expected to grow by $ 14.

New York, September 28, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Food and Beverage Analysis Kits Market Report 2021: Growth and Change of COVID-19 through 2030” – https://www.reportlinker.com/p06151571/?utm_source=GNW
$ 92 billion in 2020 to $ 16.19 billion in 2021 at a compound annual growth rate (CAGR) of 8.5%. The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 21.25 billion in 2025 at a CAGR of 7%.

The food and beverage test kits market comprises the sale of food and beverage microbiology testing equipment and consumables.

Common microbiological tests include the detection of E. coli, salmonella, campylobacter and listeria, among others.

The Food and Beverage Test Kits market covered in this report is segmented by product into Consumables and Equipments. It is also segmented by application into meat, poultry, seafood, dairy, processed foods, fruits and vegetables; by technology in traditional, rapid and by type of contaminants in pathogens, GMOs, pesticides, toxins.

The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.

Lack of awareness of food safety and testing is limiting the market for food and beverage testing kits. The number of food-related illnesses has increased due to insufficient knowledge among consumers.

Foodborne illnesses occur due to an increase in toxins, chemicals, or other dangerous particles in food. For example, according to the World Health Organization (WHO), nearly 100,000 people get sick from the food they eat and around 37,000 deaths have been recorded in the Eastern Mediterranean region.

Thus, the lack of consumer awareness regarding food adulteration is expected to limit the demand for food and beverage testing kits and restrain the growth of the market.

The latest trend in the food and beverage test kit market is the introduction of forward laser light scattering technology. Forward laser light scattering (FLLS) can be used to measure bacterial growth in food and drink products for early determination of antimicrobial susceptibility.

This technology works by using a laser light source to measure the optical density (OD) of a liquid sample. The FLLS system can get results in about 6 hours for fast growing microorganisms and up to 18 hours for slower growing organisms.

The high speed and precision of this technology is useful in clinical use to speed up test results, thereby improving the choice of appropriate antimicrobial therapy and supporting processes. Institutes such as Hettich, MIT and Purdue University, St.

Jude is using and studying this technology for better understanding and to increase the accuracy of pathogen identification.

In August 2018, Eurofins acquired Covance Food Solutions from Labcorp for $ 670 million. Convance Food Solutions was established in 1997 and is headquartered in Texas, USA.

Covance Food Solutions provides routine and specialty laboratory testing and services focused on product safety, quality, and compliance with internal and external standards, for existing and developing food, beverage and supplement products. This acquisition will help Eurofins expand its portfolio and gain an edge over its competitors, thereby strengthening Eurofins’ position in the food and beverage test kits market.

The increasing incidence of infectious diseases is increasing the demand for testing services, driving the market for food and beverage testing kits. Dangerous foods or drinks can contain bacteria, chemicals or harmful substances, which can lead to various infectious diseases.

Using testing devices, the quality of food or drink can be checked to ensure consumer safety. According to the World Health Organization (WHO), nearly 600 million people, or about 1 in 10 people, become ill after consuming contaminated food, and nearly 420,000 people die from this consumption.

These increasing incidences of infectious diseases due to contaminated food are expected to increase the demand for testing devices and drive the market for food and beverage testing kits during the forecast period.

Regulatory authorities such as the United States Food and Drug Administration (FDA) regulate the food and beverage test kit market. The FDA classifies devices as Class I, Class II, and Class III devices.

In accordance with FDA guidelines, Class I devices are subject to general controls. Class II medical devices are subject to special labeling requirements, mandatory performance standards and post-market surveillance.

Class III devices are subject to service or life support, or present an unreasonable potential risk of illness or injury and require pre-market approval. Device manufacturers must register their facilities and list their devices with the FDA and follow general monitoring requirements.

There are two methods by which manufacturers can obtain pre-market approval. The first method is to conduct clinical studies and submit an application for pre-market approval (PMA) that includes evidence that provides reasonable assurance that the device is safe and effective. The other method is to submit a 510 (k) notification demonstrating that the device is substantially equivalent to a device already on the market (a predicate device), such devices do not require PMA.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and United States.
Read the full report: https://www.reportlinker.com/p06151571/?utm_source=GNW

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