Words of Wisdom:

"starting is the first step towards failure" - Poin_dexter

Globalization of Food Trade to Fuel Demand for Food Safety Products, Says Tmr

  • Date Submitted: 07/26/2016 11:09 PM
  • Flesch-Kincaid Score: 64.6 
  • Words: 2707
  • Essay Grade: no grades
  • Report this Essay
Transparency Market
Food Safety Products Market And Food Safety Testing
Market - Global Industry Size, Market Share, Trends,
Analysis And Forecast 2010 - 2018
Published Date

97 Page Report

Buy Now

Request Sample

Press Release

Globalization of Food Trade to Fuel Demand for Food Safety
Products, Says TMR

Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States

Food Safety product & testing market


The global food safety products market is highly fragmented with the focus of most companies on the
reduction of equipment cost and time needed for the test. Key players operating in the market include:
Covance Inc., Eurofins Central Analytical Laboratories, Genevac Ltd, Hach Company, and Hardy
Diagnostics. Although there exist high entry barriers to the market owing to strict regulatory scenarios,
new entrants have a lot of freedom to operate in the market. Thus, the threat of new entrants is expected
to be medium. The food safety products market is extremely price-sensitive, states a new report by
Transparency Market Research (TMR).
The market is moderately concentrated on a global scale but extremely fragmented on a regional scale.
For instance, the regulatory norms in the U.S. is extremely stringent, however they are extremely relaxed
in Asia Pacific. The degree of competition is anticipated to be high in the coming years. Companies are
patenting their products to gain a competitive edge. Case in point. BioControl Systems Inc has patented its
product The Coli Complete, restraining rivals from using products with similar chemical composition.
Growth in Processed Food Market Boosts Demand for Food Safety Products
The expanding food and beverage industry and growing concerns over the quality of food are propelling
the global food safety products market. The rising...


Express your owns thoughts and ideas on this essay by writing a grade and/or critique.

  1. No comments